India - Planes, Chisels And Gouges For Working Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGouges and Chisels Price in India - 2023
Contents:
- Gouges and Chisels Price in India (FOB) - 2022
- Gouges and Chisels Price in India (CIF) - 2022
- Gouges and Chisels Exports in India
- Gouges and Chisels Imports in India
Gouges and Chisels Price in India (FOB) - 2022
The average gouges and chisels export price stood at $3,199 per ton in 2022, falling by -17.3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 48% against the previous year. As a result, the export price attained the peak level of $7,594 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($8,100 per ton), while the average price for exports to Brazil ($2,087 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 the United Arab Emirates (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Gouges and Chisels Price in India (CIF) - 2022
The average gouges and chisels import price stood at $6,056 per ton in 2022, with an increase of 12% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 40%. Over the period under review, average import prices hit record highs at $13,074 per ton in 2019; however, from 2020 to 2022, 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 Germany ($11,160 per ton), while the price for the United Arab Emirates ($1,360 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Gouges and Chisels Exports in India
After three years of growth, shipments abroad of planes, chisels and gouges for working wood decreased by -12.4% to 2.8K tons in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 146%. As a result, the exports attained the peak of 3.2K tons, and then declined in the following year.
In value terms, gouges and chisels exports declined rapidly to $9M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.0% 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 +19.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 64% against the previous year. As a result, the exports attained the peak of $12M, and then declined markedly in the following year.
| Export of Gouges and Chisels in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,850 | 3,069 | 4,254 | 3,063 | 2.4% |
| United Kingdom | 1,162 | 1,214 | 2,233 | 1,537 | 9.8% |
| United Arab Emirates | 345 | 284 | 337 | 731 | 28.4% |
| Germany | 95.8 | 65.8 | 364 | 402 | 61.3% |
| Brazil | 209 | 137 | 386 | 225 | 2.5% |
| Nigeria | 358 | 320 | 438 | 190 | -19.0% |
| South Africa | 187 | 60.4 | 216 | 171 | -2.9% |
| Mexico | 645 | 540 | 1,089 | 170 | -35.9% |
| Saudi Arabia | 83.9 | 241 | 175 | 164 | 25.0% |
| Italy | 57.7 | 47.8 | 127 | 129 | 30.8% |
| Russia | 100 | 112 | 167 | 55.2 | -18.0% |
| Others | 1,675 | 1,448 | 2,607 | 2,143 | 8.6% |
| Total | 7,769 | 7,540 | 12,393 | 8,981 | 5.0% |
Top Export Markets for Gouges and Chisels from India in 2022:
- United States (1160.5 tons)
- United Kingdom (438.0 tons)
- United Arab Emirates (204.9 tons)
- Brazil (107.7 tons)
- Saudi Arabia (73.2 tons)
- Italy (57.8 tons)
- South Africa (55.7 tons)
- Germany (49.6 tons)
- Mexico (46.7 tons)
- Nigeria (44.4 tons)
- Russia (15.8 tons)
Gouges and Chisels Imports in India
For the fourth consecutive year, India recorded growth in purchases abroad of planes, chisels and gouges for working wood, which increased by 13% to 304 tons in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 204%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, gouges and chisels imports soared to $1.8M in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Gouges and Chisels in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 835 | 772 | 1,281 | 1,739 | 27.7% |
| United Arab Emirates | 36.0 | 14.7 | 116 | 14.2 | -26.7% |
| Others | 86.0 | 106 | 53.1 | 88.1 | 0.8% |
| Total | 957 | 893 | 1,450 | 1,841 | 24.4% |
Top Suppliers of Gouges and Chisels to India in 2022:
- China (284.6 tons)
- United Arab Emirates (10.4 tons)
This report provides an in-depth analysis of the gouges and chisels 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 25733057 - Planes, chisels, gouges and similar cutting tools for working wood
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- 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
-
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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