India - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Balancing Mechanical Parts Machine in India - 2023
Contents:
- Price for Balancing Mechanical Parts Machine in India (CIF) - 2022
- Price for Balancing Mechanical Parts Machine in India (FOB) - 2022
- Imports of Balancing Mechanical Parts Machine in India
- Exports of Balancing Mechanical Parts Machine in India
Price for Balancing Mechanical Parts Machine in India (CIF) - 2022
In 2022, the average balancing mechanical parts machine import price amounted to $4,584 per unit, surging by 30% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2015 an increase of 52% against the previous year. The import price peaked at $9,027 per unit in 2016; however, from 2017 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 Japan ($17,566 per unit), while the price for Hong Kong SAR ($993 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Balancing Mechanical Parts Machine in India (FOB) - 2022
In 2022, the average balancing mechanical parts machine export price amounted to $3,257 per unit, stabilizing at the previous year. In general, the export price posted a slight increase. The most prominent rate of growth was recorded in 2016 an increase of 94%. Over the period under review, the average export prices reached the peak figure at $4,862 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,128 per unit), while the average price for exports to Senegal ($788 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 Bangladesh (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Balancing Mechanical Parts Machine in India
In 2022, the amount of machines for balancing mechanical parts imported into India skyrocketed to 3.4K units, growing by 39% on 2021 figures. In general, imports, however, saw a perceptible slump. Imports peaked at 3.8K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, balancing mechanical parts machine imports surged to $16M in 2022. Over the period under review, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Balancing Mechanical Parts Machine in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.0 | 3.7 | 2.1 | 6.0 | 26.0% |
| China | 6.1 | 1.9 | 3.8 | 5.0 | -6.4% |
| Italy | 1.1 | 0.5 | 1.2 | 1.2 | 2.9% |
| Germany | 1.7 | 2.3 | 0.6 | 0.9 | -19.1% |
| France | N/A | 0.1 | N/A | 0.7 | 164.6% |
| United States | 0.4 | 0.8 | N/A | 0.2 | -20.6% |
| Hong Kong SAR | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| South Korea | 0.2 | 0.2 | 0.4 | 0.1 | -20.6% |
| Others | 1.5 | 0.2 | 0.4 | 1.2 | -7.2% |
| Total | 14.2 | 9.8 | 8.7 | 15.6 | 3.2% |
Top Suppliers of Balancing Mechanical Parts Machine to India in 2022:
- China (2338.0 units)
- Japan (342.0 units)
- Hong Kong SAR (198.0 units)
- Italy (163.0 units)
- Germany (133.0 units)
- France (64.0 units)
- South Korea (24.0 units)
- United States (20.0 units)
Exports of Balancing Mechanical Parts Machine in India
In 2022, balancing mechanical parts machine exports from India shrank to 1.7K units, with a decrease of -2.2% against 2021 figures. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 +59.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. As a result, the exports reached the peak of 1.7K units, and then shrank in the following year.
In value terms, balancing mechanical parts machine exports dropped to $5.4M in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 47%. As a result, the exports attained the peak of $5.5M, leveling off in the following year.
| Export of Balancing Mechanical Parts Machine in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 244 | 949 | 1,253 | 959 | 57.8% |
| Vietnam | 1,728 | 695 | 1,268 | 873 | -20.4% |
| Germany | 254 | 74.1 | 25.6 | 384 | 14.8% |
| Austria | N/A | N/A | 2.5 | 331 | 13140.0% |
| Bangladesh | 20.7 | 42.6 | 12.2 | 295 | 142.4% |
| Brazil | 658 | 190 | 516 | 276 | -25.1% |
| United Arab Emirates | 125 | 38.0 | 119 | 239 | 24.1% |
| Egypt | 140 | 101 | 19.7 | 153 | 3.0% |
| Nepal | 27.0 | 22.8 | 35.9 | 86.8 | 47.6% |
| Turkey | 5.8 | 31.6 | 108 | 70.3 | 129.7% |
| Qatar | 29.3 | 36.6 | 75.0 | 57.1 | 24.9% |
| Romania | 42.2 | 50.9 | 38.4 | 51.0 | 6.5% |
| Senegal | N/A | 0.9 | 0.3 | 38.9 | 557.4% |
| Others | 2,082 | 1,501 | 2,002 | 1,615 | -8.1% |
| Total | 5,357 | 3,733 | 5,475 | 5,428 | 0.4% |
Top Export Markets for Balancing Mechanical Parts Machine from India in 2022:
- United Arab Emirates (250.0 units)
- Vietnam (188.0 units)
- United States (118.0 units)
- Austria (103.0 units)
- Germany (82.0 units)
- Brazil (75.0 units)
- Egypt (65.0 units)
- Turkey (59.0 units)
- Bangladesh (53.0 units)
- Nepal (52.0 units)
- Senegal (49.0 units)
- Qatar (45.0 units)
- Romania (44.0 units)
This report provides an in-depth analysis of the market for balancing mechanical parts machine 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 28993970 - Machines for balancing mechanical parts
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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