Report Update: May 1, 2024

India - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Personal Weighing Machine Price in India - 2023

Personal Weighing Machine Price in India (CIF) - 2023

The average personal weighing machine import price stood at $1.9 per unit in September 2023, flattening at the previous month. Overall, the import price recorded a perceptible setback. The pace of growth was the most pronounced in June 2023 an increase of 46% month-to-month. Over the period under review, average import prices attained the maximum at $2.9 per unit in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -2.5% per month.

Personal Weighing Machine Price in India (FOB) - 2022

In 2022, the average personal weighing machine export price amounted to $11 per unit, rising by 21% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 24% against the previous year. Over the period under review, the average export prices attained the peak figure at $12 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($24 per unit), while the average price for exports to Canada ($1 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 Ethiopia (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Weighing Machine Imports in India

In 2022, purchases abroad of personal weighing machines decreased by -1.5% to 8.9M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +73.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 9.1M units, and then fell modestly in the following year.

In value terms, personal weighing machine imports dropped to $17M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +47.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of $18M, and then shrank in the following year.

Import of Personal Weighing Machine in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	10.9	10.6	16.3	15.5	12.5%
Others	0.8	1.6	2.2	1.8	31.0%
Total	11.7	12.2	18.5	17.2	13.7%

Top Suppliers of Personal Weighing Machine to India in 2022:

China (8.8M units)

Personal Weighing Machine Exports in India

In 2022, shipments abroad of personal weighing machines decreased by -38.2% to 123K units for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, the exports attained the peak of 198K units, and then reduced dramatically in the following year.

In value terms, personal weighing machine exports contracted markedly to $1.3M in 2022. Over the period under review, exports showed a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports attained the peak of $1.7M, and then declined markedly in the following year.

Export of Personal Weighing Machine in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	372	356	536	403	2.7%
Uganda	41.0	67.9	399	401	113.9%
Nepal	143	222	215	122	-5.2%
United Arab Emirates	17.0	24.8	17.2	39.4	32.3%
Kenya	180	90.4	4.5	39.0	-39.9%
Malaysia	37.5	18.8	4.9	28.3	-9.0%
Malawi	18.8	37.0	48.9	21.1	3.9%
United States	49.4	222	85.0	19.9	-26.1%
China	N/A	N/A	N/A	6.2	0%
Others	514	218	437	230	-23.5%
Total	1,373	1,257	1,748	1,310	-1.6%

Top Export Markets for Personal Weighing Machine from India in 2022:

United Kingdom (48.2K units)
Uganda (32.4K units)
Nepal (8.9K units)
Malawi (5.4K units)
United Arab Emirates (4.3K units)
Kenya (3.9K units)
China (2.7K units)
Malaysia (1.9K units)
United States (1.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the personal weighing machine 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 28293200 - Personal weighing machines, including baby scales, h ousehold scales

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