India - Dumpers For Off-Highway Use - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOff-Highway Dumper Price in India - 2023
Contents:
- Off-Highway Dumper Price in India (FOB) - 2023
- Off-Highway Dumper Price in India (CIF) - 2023
- Off-Highway Dumper Exports in India
- Off-Highway Dumper Imports in India
Off-Highway Dumper Price in India (FOB) - 2023
The average off-highway dumper export price stood at $463K per unit in July 2023, waning by -5.9% against the previous month. Over the period from September 2022 to July 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in December 2022 an increase of 15% m-o-m. The export price peaked at $505K per unit in February 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was South Africa ($852K per unit), while the average price for exports to Switzerland ($326K per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Off-Highway Dumper Price in India (CIF) - 2023
In July 2023, the average off-highway dumper import price amounted to $41,922 per unit, therefore, remained relatively stable against the previous month. Overall, the import price faced a dramatic setback. The growth pace was the most rapid in March 2023 an increase of 225% against the previous month. Over the period under review, average import prices reached the maximum at $1.1M per unit in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Mozambique.
From September 2022 to July 2023, the rate of growth in terms of prices for China amounted to +10.7% per month.
Off-Highway Dumper Exports in India
In 2022, the amount of dumpers for off-highway use exported from India soared to 1.7K units, increasing by 93% on 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 103%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, off-highway dumper exports surged to $645M in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Off-Highway Dumper in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 132 | 10.0 | 103 | 237 | 21.5% |
| South Africa | 50.6 | 26.9 | 39.4 | 85.3 | 19.0% |
| Belgium | 10.0 | 12.0 | 29.8 | 39.4 | 57.9% |
| Turkey | 0.9 | 1.6 | 4.4 | 38.8 | 250.6% |
| Vietnam | 65.5 | 12.3 | 7.1 | 26.9 | -25.7% |
| Saudi Arabia | N/A | 3.7 | 4.4 | 23.1 | 149.9% |
| United Arab Emirates | 12.0 | 14.1 | 18.8 | 21.3 | 21.1% |
| Ghana | 0.3 | 5.9 | 16.0 | 16.1 | 277.2% |
| Tanzania | N/A | N/A | N/A | 12.6 | 0% |
| Philippines | 7.6 | N/A | N/A | 12.0 | 16.4% |
| China | 5.8 | 12.5 | 26.6 | 10.7 | 22.6% |
| Kenya | N/A | N/A | 0.1 | 4.3 | 4200.0% |
| Myanmar | 1.9 | 4.6 | N/A | N/A | 142.1% |
| Others | 76.7 | 44.9 | 60.0 | 118 | 15.4% |
| Total | 363 | 149 | 310 | 645 | 21.1% |
Top Export Markets for Off-Highway Dumper from India in 2022:
- Indonesia (570.0 units)
- South Africa (185.0 units)
- Belgium (101.0 units)
- Turkey (80.0 units)
- Vietnam (80.0 units)
- United Arab Emirates (68.0 units)
- Tanzania (60.0 units)
- Kenya (58.0 units)
- Saudi Arabia (53.0 units)
- China (36.0 units)
- Ghana (32.0 units)
- Philippines (27.0 units)
Off-Highway Dumper Imports in India
In 2022, purchases abroad of dumpers for off-highway use decreased by -12.5% to 140 units, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 338%. As a result, imports reached the peak of 280 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, off-highway dumper imports shrank sharply to $41M in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 369% against the previous year. As a result, imports attained the peak of $105M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Off-Highway Dumper in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 9.3 | 10.8 | 8.2 | 17.7 | 23.9% |
| China | 3.1 | 5.0 | 9.1 | 12.0 | 57.0% |
| Finland | 1.6 | 1.5 | 0.4 | 6.8 | 62.0% |
| Belgium | N/A | 3.0 | 1.8 | 2.5 | -8.7% |
| Australia | 7.1 | 0.5 | N/A | 0.4 | -61.7% |
| Netherlands | N/A | 8.4 | N/A | N/A | 0% |
| United States | N/A | 73.2 | 58.6 | N/A | -19.9% |
| Qatar | N/A | 1.0 | N/A | N/A | 0% |
| Others | 1.3 | 2.0 | 3.3 | 2.0 | 15.4% |
| Total | 22.4 | 105 | 81.3 | 41.5 | 22.8% |
Top Suppliers of Off-Highway Dumper to India in 2022:
- China (85.0 units)
- Finland (28.0 units)
- Thailand (19.0 units)
- Belgium (4.0 units)
- Australia (1.0 units)
This report provides an in-depth analysis of the off-highway dumper 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 28922900 - Dumpers for off-highway use
- Prodcom 28922810 -
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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