Report Update: Apr 1, 2024

India - Electromagnets And Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends And Insights

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Electromagnetic Lifting Head Price in India - 2023

Electromagnetic Lifting Head Price in India (CIF) - 2022

In 2022, the average electromagnetic lifting head import price amounted to $12,576 per ton, which is down by -6.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 40% against the previous year. As a result, import price attained the peak level of $13,421 per ton, and then reduced in the following year.

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 France ($64,631 per ton), while the price for China ($6,355 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Electromagnetic Lifting Head Price in India (FOB) - 2022

The average electromagnetic lifting head export price stood at $10,600 per ton in 2022, with an increase of 2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2015 an increase of 19%. Over the period under review, the average export prices attained the peak figure at $10,645 per ton in 2020; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($24,714 per ton), while the average price for exports to Poland ($2,967 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Electromagnetic Lifting Head Imports in India

In 2022, electromagnetic lifting head imports into India soared to 6.1K tons, with an increase of 20% compared with the previous year's figure. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +63.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, electromagnetic lifting head imports expanded sharply to $77M in 2022. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Electromagnetic Lifting Head in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	17.0	14.3	20.8	25.4	14.3%
France	3.5	1.0	12.6	14.1	59.1%
Germany	6.0	4.6	7.3	10.1	19.0%
South Korea	2.3	3.0	5.1	6.6	42.1%
Japan	3.0	2.3	3.6	3.5	5.3%
United States	2.7	1.9	2.4	3.0	3.6%
Thailand	2.9	2.0	3.1	2.5	-4.8%
Others	7.4	6.8	13.6	11.6	16.2%
Total	44.8	35.9	68.5	76.8	19.7%

Top Suppliers of Electromagnetic Lifting Head to India in 2022:

China (3997.6 tons)
South Korea (647.0 tons)
Germany (299.1 tons)
France (218.1 tons)
Japan (206.3 tons)
Thailand (180.7 tons)
United States (91.7 tons)

Electromagnetic Lifting Head Exports in India

In 2022, the amount of electromagnets and electromagnetic lifting heads exported from India totaled 1.6K tons, picking up by 2.5% on the previous year's figure. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 80%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, electromagnetic lifting head exports reached $17M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 75%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Electromagnetic Lifting Head in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2,032	2,365	3,015	4,322	28.6%
China	188	320	3,735	3,411	162.8%
United States	1,587	1,661	1,922	1,816	4.6%
Nepal	387	81.0	270	1,141	43.4%
Canada	540	545	833	687	8.4%
United Arab Emirates	291	296	290	664	31.7%
Bangladesh	1,004	145	602	551	-18.1%
Saudi Arabia	373	267	470	373	0.0%
Nigeria	217	307	314	357	18.1%
South Africa	73.5	93.7	234	333	65.5%
Russia	204	92.3	182	212	1.3%
Uganda	118	34.1	45.9	192	17.6%
Poland	79.3	111	113	91.8	5.0%
Others	4,020	2,989	4,241	2,947	-9.8%
Total	11,111	9,305	16,268	17,097	15.4%

Top Export Markets for Electromagnetic Lifting Head from India in 2022:

Germany (280.1 tons)
Nepal (173.0 tons)
United States (165.3 tons)
China (138.0 tons)
Bangladesh (110.1 tons)
Canada (92.7 tons)
Nigeria (85.4 tons)
United Arab Emirates (69.7 tons)
Russia (49.9 tons)
South Africa (40.5 tons)
Saudi Arabia (39.8 tons)
Uganda (34.3 tons)
Poland (30.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electromagnetic lifting head 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 27904060 - Electromagnets and electromagnetic lifting heads, and their parts (excluding magnets for medical use), electromagnetic or permanent magnet chucks, clamps and similar holding devices and their parts, n.e.c.
Prodcom 27904560 -

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023