Price for Baby Carriages and Parts Thereof in India - 2023
Contents:
- Price for Baby Carriages and Parts Thereof in India (CIF) - 2023
- Price for Baby Carriages and Parts Thereof in India (FOB) - 2022
- Imports of Baby Carriages and Parts Thereof in India
- Exports of Baby Carriages and Parts Thereof in India
Price for Baby Carriages and Parts Thereof in India (CIF) - 2023
In July 2023, the average import price for baby carriages and parts thereoves amounted to $90.3 per unit, almost unchanged from the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in November 2022 an increase of 21% against the previous month. Over the period under review, average import prices hit record highs at $91.1 per unit in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($97.0 per unit), while the price for China ($90.1 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Baby Carriages and Parts Thereof in India (FOB) - 2022
The average export price for baby carriages and parts thereoves stood at $111 per unit in 2022, picking up by 30% against the previous year. In general, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 66% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($114 per unit) and France ($114 per unit), while the average price for exports to Kenya ($76 per unit) and Nepal ($112 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+41.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Baby Carriages and Parts Thereof in India
In 2022, the amount of baby carriages and parts thereoves imported into India rose rapidly to 148K units, surging by 8.9% against 2021 figures. In general, imports saw temperate growth. The pace of growth appeared the most rapid in 2021 with an increase of 98% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, baby carriages and parts thereof imports expanded to $11M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.1% 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 +101.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Baby Carriages and Parts Thereof in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.8 | 5.4 | 10.3 | 10.5 | 2.3% |
| Hong Kong SAR | N/A | 0.2 | 0.5 | 0.7 | 87.1% |
| Others | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Total | 9.9 | 5.7 | 11.0 | 11.4 | 4.8% |
Top Suppliers of Baby Carriages and Parts Thereof to India in 2022:
- China (122.9K units)
- Hong Kong SAR (20.6K units)
Exports of Baby Carriages and Parts Thereof in India
In 2022, shipments abroad of baby carriages and parts thereoves was finally on the rise to reach 3.7K units after two years of decline. In general, exports, however, showed a abrupt shrinkage. Over the period under review, the exports reached the peak figure at 5.9K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, baby carriages and parts thereof exports surged to $405K in 2022. Over the period under review, exports, however, recorded a drastic downturn. Over the period under review, the exports attained the peak figure at $511K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Baby Carriages and Parts Thereof in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.1 | 2.5 | 24.0 | 206 | 305.0% |
| Nepal | 99.1 | 283 | 91.2 | 59.2 | -15.8% |
| Saudi Arabia | N/A | N/A | 14.5 | 44.8 | 209.0% |
| Canada | N/A | 2.6 | 16.8 | 33.6 | 259.5% |
| France | 1.5 | N/A | 3.4 | 12.1 | 100.6% |
| Singapore | 115 | 22.4 | 6.0 | 8.0 | -58.9% |
| Kenya | N/A | N/A | N/A | 5.8 | 0% |
| Italy | 21.5 | 10.8 | 15.1 | 4.3 | -41.5% |
| United States | 53.4 | 0.2 | 5.3 | 0.2 | -84.5% |
| South Africa | 188 | 0.1 | 0.1 | N/A | -97.7% |
| Others | 29.1 | 87.2 | 44.2 | 30.9 | 2.0% |
| Total | 511 | 409 | 221 | 405 | -7.5% |
Top Export Markets for Baby Carriages and Parts Thereof from India in 2022:
- United Arab Emirates (1819.0 units)
- Nepal (528.0 units)
- Saudi Arabia (394.0 units)
- Canada (296.0 units)
- France (106.0 units)
- Kenya (76.0 units)
- Singapore (71.0 units)
- Italy (38.0 units)
- United States (2.0 units)
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This report provides an in-depth analysis of the baby carriage market in India.
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This report provides an in-depth analysis of the global baby carriage market.
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This report provides an in-depth analysis of the baby carriage market in India.
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This report provides an in-depth analysis of the global baby carriage market.
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