Price for Liquid Elevators; Parts Thereof in India - 2023
Contents:
- Price for Liquid Elevators; Parts Thereof in India (CIF) - 2022
- Price for Liquid Elevators; Parts Thereof in India (FOB) - 2023
- Imports of Liquid Elevators; Parts Thereof in India
- Exports of Liquid Elevators; Parts Thereof in India
Price for Liquid Elevators; Parts Thereof in India (CIF) - 2022
In 2022, the average liquid elevators; parts thereof import price amounted to $14,273 per ton, falling by -4.7% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 15%. Over the period under review, average import prices attained the maximum at $32,070 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($22,336 per ton), while the price for Italy ($8,335 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Liquid Elevators; Parts Thereof in India (FOB) - 2023
In July 2023, the average liquid elevators; parts thereof export price amounted to $7,574 per ton, picking up by 23% against the previous month. Over the period under review, the export price, however, recorded a mild descent. The pace of growth was the most pronounced in December 2022 when the average export price increased by 195% month-to-month. As a result, the export price attained the peak level of $11,781 per ton. From January 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the United States ($32,945 per ton), while the average price for exports to Sweden ($3,177 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.6%), while the prices for the other major destinations experienced a decline.
Imports of Liquid Elevators; Parts Thereof in India
In 2022, approx. 263 tons of liquid elevators; parts thereoves were imported into India; with a decrease of -25.6% on 2021 figures. Over the period under review, imports, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2021 with an increase of 143%. As a result, imports attained the peak of 353 tons, and then declined remarkably in the following year.
In value terms, liquid elevators; parts thereof imports declined notably to $3.7M in 2022. Overall, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 164%. As a result, imports reached the peak of $5.3M, and then fell sharply in the following year.
| Import of Liquid Elevators; Parts Thereof in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 351 | 357 | 2,769 | 1,888 | 75.2% |
| Italy | 1,452 | 774 | 1,254 | 855 | -16.2% |
| Malaysia | 194 | 235 | 400 | 273 | 12.1% |
| Canada | 3.6 | 177 | 358 | 244 | 307.7% |
| Spain | 365 | 242 | 267 | 196 | -18.7% |
| Others | 764 | 217 | 242 | 293 | -27.3% |
| Total | 3,130 | 2,001 | 5,290 | 3,749 | 6.2% |
Top Suppliers of Liquid Elevators; Parts Thereof to India in 2022:
- Italy (102.6 tons)
- China (93.8 tons)
- Malaysia (28.2 tons)
- Spain (18.2 tons)
- Canada (11.8 tons)
Exports of Liquid Elevators; Parts Thereof in India
In 2022, liquid elevators; parts thereof exports from India skyrocketed to 392 tons, rising by 181% on the previous year's figure. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, liquid elevators; parts thereof exports skyrocketed to $3.4M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Liquid Elevators; Parts Thereof in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 451 | 161 | 623 | 1,817 | 59.1% |
| Saudi Arabia | 4.3 | 4.1 | 127 | 370 | 341.5% |
| United Arab Emirates | 168 | 15.8 | 29.9 | 225 | 10.2% |
| Nepal | 77.3 | 99.1 | 33.3 | 216 | 40.9% |
| Ghana | 153 | 2.9 | 0.7 | 168 | 3.2% |
| Nigeria | 21.9 | 68.2 | 40.4 | 132 | 82.0% |
| Oman | 52.1 | 36.1 | 14.5 | 107 | 27.1% |
| Sweden | N/A | N/A | 188 | N/A | 0% |
| Others | 507 | 163 | 147 | 347 | -11.9% |
| Total | 1,435 | 550 | 1,203 | 3,382 | 33.1% |
Top Export Markets for Liquid Elevators; Parts Thereof from India in 2022:
- United States (186.5 tons)
- United Arab Emirates (89.3 tons)
- Nepal (27.5 tons)
- Saudi Arabia (20.9 tons)
- Oman (19.9 tons)
- Ghana (16.9 tons)
- Nigeria (7.5 tons)
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