India - Horizontal Machining Centres For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

India - Horizontal Machining Centres For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Horizontal Machining Centre Price in India - 2023

Contents:

  1. Horizontal Machining Centre Price in India (CIF) - 2022
  2. Horizontal Machining Centre Price in India (FOB) - 2023
  3. Horizontal Machining Centre Imports in India
  4. Horizontal Machining Centre Exports in India

Horizontal Machining Centre Price in India (CIF) - 2022

The average horizontal machining centre import price stood at $86,268 per unit in 2022, growing by 11% against the previous year. In general, the import price, however, showed a deep reduction. The import price peaked at $163,411 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($378,442 per unit), while the price for Italy ($37,529 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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Horizontal Machining Centre Price in India (FOB) - 2023

In June 2023, the average horizontal machining centre export price amounted to $106K per unit, jumping by 30% against the previous month. Overall, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in April 2023 an increase of 138% against the previous month. As a result, the export price reached the peak level of $132K per unit; afterwards, it flattened through to June 2023.

Prices varied noticeably by the country of destination: the country with the highest price was China ($347K per unit), while the average price for exports to Sri Lanka ($17,383 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Horizontal Machining Centre Imports in India

In 2022, the amount of horizontal machining centres for working metal imported into India contracted to 3.8K units, which is down by -11.9% compared with the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of 4.3K units, and then shrank in the following year.

In value terms, horizontal machining centre imports fell slightly to $329M in 2022. In general, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 38%. Over the period under review, imports hit record highs at $401M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Horizontal Machining Centre in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan193115169160-6.1%
United States36.120.743.741.34.6%
South Korea35.131.233.431.5-3.5%
Taiwan (Chinese)44.316.426.527.0-15.2%
Germany31.531.316.824.6-7.9%
Singapore17.511.09.411.8-12.3%
China19.86.411.711.8-15.8%
Italy8.23.69.79.23.9%
Others15.17.714.711.7-8.2%
Total401243335329-6.4%

Top Suppliers of Horizontal Machining Centre to India in 2022:

  1. Japan (1473.0 units)
  2. United States (806.0 units)
  3. South Korea (278.0 units)
  4. China (269.0 units)
  5. Italy (244.0 units)
  6. Taiwan (Chinese) (224.0 units)
  7. Singapore (188.0 units)
  8. Germany (65.0 units)

Horizontal Machining Centre Exports in India

Horizontal machining centre exports from India soared to 614 units in 2022, growing by 87% on 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, horizontal machining centre exports soared to $30M in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Horizontal Machining Centre in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.10.53.06.883.5%
Italy2.60.61.63.611.5%
Turkey0.62.21.43.172.9%
Thailand0.90.20.92.132.6%
France1.50.50.51.98.2%
China1.20.30.61.610.1%
Russia0.50.90.71.647.4%
Indonesia0.1N/A0.61.3135.1%
Belgium0.60.40.61.329.4%
South Korea0.20.10.51.281.7%
Japan0.60.30.30.914.5%
Singapore0.1N/A0.30.791.3%
United Kingdom0.40.10.10.40.0%
Others2.52.24.83.612.9%
Total12.78.615.930.333.6%

Top Export Markets for Horizontal Machining Centre from India in 2022:

  1. United States (132.0 units)
  2. Italy (56.0 units)
  3. France (56.0 units)
  4. Belgium (53.0 units)
  5. Russia (47.0 units)
  6. Turkey (44.0 units)
  7. Thailand (37.0 units)
  8. China (32.0 units)
  9. United Kingdom (25.0 units)
  10. Indonesia (22.0 units)
  11. Singapore (19.0 units)
  12. South Korea (19.0 units)
  13. Japan (18.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the horizontal machining centre 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 28411220 - Horizontal machining centres for working metal

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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