India - Machine-Tools For Working Wood - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

India - Machine-Tools For Working Wood - Market Analysis, Forecast, Size, Trends and Insights

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Price for Machine-Tool for Working Wood in India - 2023

Contents:

  1. Price for Machine-Tool for Working Wood in India (CIF) - 2022
  2. Price for Machine-Tool for Working Wood in India (FOB) - 2022
  3. Imports of Machine-Tool for Working Wood in India
  4. Exports of Machine-Tool for Working Wood in India

Price for Machine-Tool for Working Wood in India (CIF) - 2022

In 2022, the average machine-tool for working wood import price amounted to $118 per unit, with an increase of 45% against the previous year. Overall, the import price, however, continues to indicate a deep slump. The import price peaked at $650 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($593 per unit), while the price for Taiwan (Chinese) ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-6.4%), while the prices for the other major suppliers experienced a decline.

Price for Machine-Tool for Working Wood in India (FOB) - 2022

In 2022, the average machine-tool for working wood export price amounted to $497 per unit, approximately reflecting the previous year. Over the period under review, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 46%. The export price peaked at $1,575 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($6,916 per unit), while the average price for exports to Nepal ($75 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 (+16.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machine-Tool for Working Wood in India

Machine-tool for working wood imports into India rose notably to 1.9M units in 2022, picking up by 11% against 2021 figures. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 96% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, machine-tool for working wood imports skyrocketed to $221M in 2022. In general, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machine-Tool for Working Wood in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China68.053.671.412321.8%
Germany18.910.114.448.937.3%
Italy11.56.918.814.78.5%
Taiwan (Chinese)6.56.411.610.517.3%
Others35.015.021.824.3-11.5%
Total14091.913822116.4%

Top Suppliers of Machine-Tool for Working Wood to India in 2022:

  1. China (858.2K units)
  2. Taiwan (Chinese) (787.0K units)
  3. Germany (82.4K units)
  4. Italy (36.5K units)

Exports of Machine-Tool for Working Wood in India

In 2022, exports of machine-tools for working wood from India shrank slightly to 120K units, standing approx. at the previous year. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 91%. As a result, the exports reached the peak of 122K units, and then contracted slightly in the following year.

In value terms, machine-tool for working wood exports declined to $60M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 60%. As a result, the exports reached the peak of $61M, and then contracted slightly in the following year.

Export of Machine-Tool for Working Wood in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9.410.316.816.019.4%
United States6.35.07.69.313.9%
Nepal2.42.55.13.412.3%
Bhutan0.20.10.40.965.1%
Germany1.10.60.30.1-55.0%
Others22.719.830.829.99.6%
Total42.138.261.059.512.2%

Top Export Markets for Machine-Tool for Working Wood from India in 2022:

  1. United States (62.3K units)
  2. Nepal (44.5K units)
  3. Bhutan (2.8K units)
  4. Italy (2.3K units)
  5. Germany (0.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine-tool for working wood 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 28491210 - Multi-purpose machines where the workpiece is manually transferred between operations, for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491220 - Multi-purpose machines where the workpiece is automatically transferred between operations for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials
  • Prodcom 28491233 - Band saws for working wood, cork, bone and hard rubber, h ard plastics or similar hard materials
  • Prodcom 28491235 - Circular saws for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491237 - Sawing machines for working wood, cork, bone, hard rubber, h ard plastics or similar hard materials (excluding band saws, c ircular saws)
  • Prodcom 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials
  • Prodcom 28491275 - Splitting, slicing or paring machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials
  • Prodcom 28491279 - Machine tools for working wood, cork, bone, hard rubber, h ard plastics or similar hard materials, n.e.c.
  • Prodcom 28491287 - Presses for the manufacture of particle board or fibre building board of wood or other ligneous materials, and other machines with individual functions for treating wood or cork

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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