India - Electric Soldering Irons And Guns - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Soldering Iron Price in India - 2023
Contents:
- Electric Soldering Iron Price in India (CIF) - 2022
- Electric Soldering Iron Price in India (FOB) - 2022
- Electric Soldering Iron Imports in India
- Electric Soldering Iron Exports in India
Electric Soldering Iron Price in India (CIF) - 2022
In 2022, the average electric soldering iron import price amounted to $47 per unit, with an increase of 2% against the previous year. Over the period under review, the import price enjoyed noticeable growth. The most prominent rate of growth was recorded in 2019 an increase of 45%. As a result, import price attained the peak level of $61 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($297 per unit), while the price for Singapore ($7.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Soldering Iron Price in India (FOB) - 2022
The average electric soldering iron export price stood at $8.1 per unit in 2022, waning by -3.9% against the previous year. In general, the export price faced a deep contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 103% against the previous year. The export price peaked at $33 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($211 per unit), while the average price for exports to Jordan ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2,516.9%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Soldering Iron Imports in India
For the fourth consecutive year, India recorded growth in purchases abroad of electric soldering irons and guns, which increased by 20% to 36K units in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 23%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, electric soldering iron imports surged to $1.7M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Soldering Iron in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 274 | 555 | 385 | 488 | 21.2% |
| Netherlands | 231 | 267 | 408 | 433 | 23.3% |
| Spain | 193 | 143 | 211 | 344 | 21.2% |
| Japan | 93.1 | 69.0 | 88.3 | 157 | 19.0% |
| Malaysia | N/A | 36.7 | 14.6 | 94.9 | 60.8% |
| Germany | 391 | 27.1 | 13.6 | 36.4 | -54.7% |
| Taiwan (Chinese) | 2.6 | 14.9 | 45.0 | 25.3 | 113.5% |
| Hong Kong SAR | 14.2 | 21.2 | 62.3 | 24.9 | 20.6% |
| Others | 73.3 | 333 | 155 | 93.0 | 8.3% |
| Total | 1,272 | 1,466 | 1,383 | 1,696 | 10.1% |
Top Suppliers of Electric Soldering Iron to India in 2022:
- Japan (14.1K units)
- China (6.4K units)
- Netherlands (4.8K units)
- Taiwan (Chinese) (3.0K units)
- Hong Kong SAR (2.4K units)
- Malaysia (1.8K units)
- Spain (1.2K units)
- Germany (0.8K units)
Electric Soldering Iron Exports in India
Electric soldering iron exports from India skyrocketed to 38K units in 2022, increasing by 83% against 2021 figures. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric soldering iron exports surged to $308K in 2022. Overall, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electric Soldering Iron in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | N/A | N/A | 132 | 770.7% |
| Kenya | 29.2 | 36.3 | 13.0 | 28.5 | -0.8% |
| United Arab Emirates | 9.7 | 4.7 | 36.1 | 24.7 | 36.6% |
| Nepal | 1.5 | 3.1 | 8.2 | 17.7 | 127.7% |
| Tanzania | 1.0 | 4.6 | 7.9 | 17.3 | 158.6% |
| Nigeria | 9.9 | 1.5 | 1.7 | 17.1 | 20.0% |
| Bangladesh | 0.6 | 2.0 | 4.9 | 11.1 | 164.5% |
| United Kingdom | 0.8 | 9.3 | 0.5 | 7.7 | 112.7% |
| Bhutan | 0.9 | 2.3 | 6.4 | 6.9 | 97.2% |
| Guinea | 0.1 | N/A | 0.1 | 3.6 | 230.2% |
| Jordan | N/A | N/A | N/A | 2.8 | 0% |
| Mozambique | N/A | 3.1 | 0.3 | 2.2 | -15.8% |
| United States | 183 | 0.1 | 0.3 | 0.3 | -88.2% |
| Others | 23.5 | 73.5 | 95.8 | 36.7 | 16.0% |
| Total | 261 | 141 | 175 | 308 | 5.7% |
Top Export Markets for Electric Soldering Iron from India in 2022:
- United States (undefinedK units)
- China (11.4K units)
- Nigeria (5.5K units)
- United Arab Emirates (5.2K units)
- Nepal (3.9K units)
- Jordan (2.0K units)
- Bangladesh (1.6K units)
- Tanzania (1.6K units)
- Kenya (1.5K units)
- Bhutan (1.4K units)
- United Kingdom (1.0K units)
- Mozambique (1.0K units)
- Guinea (0.7K units)
This report provides an in-depth analysis of the electric soldering iron market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27903109 - Electric soldering irons and guns
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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