India - Non-Household Ventilation Fans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Household Fan Price in India - 2023
Contents:
- Non-Household Fan Price in India (CIF) - 2023
- Non-Household Fan Price in India (FOB) - 2022
- Non-Household Fan Imports in India
- Non-Household Fan Exports in India
Non-Household Fan Price in India (CIF) - 2023
In September 2023, the average non-household fan import price amounted to $10.7 per unit, approximately equating the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 30% against the previous month. The import price peaked at $13.7 per unit in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($18.0 per unit), while the price for Hong Kong SAR ($2.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Household Fan Price in India (FOB) - 2022
In 2022, the average non-household fan export price amounted to $21 per unit, falling by -18.8% against the previous year. Overall, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 21%. As a result, the export price attained the peak level of $108 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($54 per unit), while the average price for exports to Saudi Arabia ($5.5 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 the United States (-0.5%), while the prices for the other major destinations experienced a decline.
Non-Household Fan Imports in India
Non-household fan imports into India skyrocketed to 14M units in 2022, rising by 45% against the year before. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, non-household fan imports surged to $299M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Non-Household Fan in India (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 42.5 | 36.1 | 69.1 | 93.6 | 30.1% |
Singapore | 33.8 | 29.1 | 48.3 | 37.6 | 3.6% |
Germany | 31.2 | 21.3 | 28.1 | 25.5 | -6.5% |
South Korea | 19.4 | 8.6 | 9.1 | 13.9 | -10.5% |
Japan | 5.7 | 7.8 | 6.3 | 8.4 | 13.8% |
Vietnam | 0.9 | 1.9 | 6.2 | 7.3 | 100.9% |
Thailand | 2.4 | 2.8 | 3.3 | 7.3 | 44.9% |
Taiwan (Chinese) | 2.3 | 4.0 | 4.6 | 6.4 | 40.7% |
Others | 74.4 | 57.1 | 76.9 | 99.4 | 10.1% |
Total | 213 | 169 | 252 | 299 | 12.0% |
Top Suppliers of Non-Household Fan to India in 2022:
- China (9.3M units)
- South Korea (1.1M units)
- Thailand (0.8M units)
- Taiwan (Chinese) (0.6M units)
- Vietnam (0.6M units)
- Singapore (0.4M units)
- Japan (0.3M units)
- Germany (0.3M units)
Non-Household Fan Exports in India
For the fourth consecutive year, India recorded growth in overseas shipments of non-household ventilation fans, which increased by 43% to 4.1M units in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 69%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, non-household fan exports skyrocketed to $88M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value 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, exports increased by +75.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Non-Household Fan in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.1 | 9.5 | 20.0 | 14.6 | 27.2% |
Germany | 2.7 | 3.0 | 5.0 | 8.9 | 48.8% |
United Arab Emirates | 6.6 | 5.9 | 4.9 | 5.0 | -8.8% |
China | 1.4 | 2.9 | 2.9 | 3.7 | 38.3% |
Thailand | 0.7 | 1.2 | 3.5 | 2.3 | 48.7% |
Mexico | 1.5 | 0.3 | 0.5 | 2.1 | 11.9% |
Saudi Arabia | 1.0 | 1.7 | 1.2 | 1.8 | 21.6% |
Oman | 0.5 | 0.4 | 1.1 | 1.7 | 50.4% |
Nepal | 1.6 | 0.5 | 1.7 | 1.6 | 0.0% |
Bahrain | 0.2 | 0.3 | 0.8 | 1.4 | 91.3% |
Brazil | 1.3 | 1.3 | 1.1 | 1.3 | 0.0% |
Philippines | 0.8 | 0.9 | 0.9 | 1.2 | 14.5% |
Romania | N/A | 0.2 | 0.3 | 0.8 | 100.0% |
Others | 24.6 | 27.9 | 31.9 | 41.2 | 18.8% |
Total | 50.0 | 55.9 | 75.7 | 87.6 | 20.6% |
Top Export Markets for Non-Household Fan from India in 2022:
- Germany (1436.0K units)
- Saudi Arabia (329.0K units)
- Oman (312.6K units)
- United States (272.6K units)
- China (265.3K units)
- Thailand (255.7K units)
- United Arab Emirates (186.1K units)
- Bahrain (156.6K units)
- Mexico (122.8K units)
- Nepal (115.7K units)
- Brazil (98.2K units)
- Romania (79.6K units)
- Philippines (38.3K units)
This report provides an in-depth analysis of the non-household fan 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 28252030 - Axial fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output . .125 W)
- Prodcom 28252050 - Centrifugal fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output. .125 W)
- Prodcom 28252070 - Fans (excluding table, floor, wall, ceiling or roof fans with a self-contained electric motor of an output . .125 W, axial fans, c entrifugal fans)
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
-
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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