Report Update: May 1, 2024

India - Non-Numerically Controlled Sharpening Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Numerically Controlled Sharpening Machine in India - 2023

Price for Non-Numerically Controlled Sharpening Machine in India (CIF) - 2022

The average non-numerically controlled sharpening machine import price stood at $100 per unit in 2022, surging by 20% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 326% against the previous year. As a result, import price reached the peak level of $712 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($362 per unit), while the price for Taiwan (Chinese) ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.1%), while the prices for the other major suppliers experienced a decline.

Price for Non-Numerically Controlled Sharpening Machine in India (FOB) - 2022

In 2022, the average non-numerically controlled sharpening machine export price amounted to $98 per unit, declining by -2.2% against the previous year. Over the period under review, the export price saw a noticeable contraction. The growth pace was the most rapid in 2020 an increase of 82% against the previous year. The export price peaked at $231 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($183 per unit), while the average price for exports to Turkey ($6.5 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 Bhutan (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Sharpening Machine in India

In 2022, approx. 87K units of non-numerically controlled sharpening machines for working metal were imported into India; approximately reflecting 2021. Overall, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 125%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, non-numerically controlled sharpening machine imports soared to $8.7M in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 21%. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Non-Numerically Controlled Sharpening Machine in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,563	1,425	2,076	3,179	26.7%
Germany	1,414	152	793	1,227	-4.6%
Italy	1,008	121	248	715	-10.8%
Thailand	N/A	1.9	1.5	578	1644.2%
United Kingdom	450	348	272	541	6.3%
Taiwan (Chinese)	1,081	150	867	439	-25.9%
Netherlands	52.4	13.5	115	425	100.9%
United States	1,061	112	492	338	-31.7%
Japan	792	3,059	1,654	278	-29.5%
France	102	67.4	101	131	8.7%
Norway	842	N/A	N/A	125	-47.0%
Others	2,043	508	617	742	-28.7%
Total	10,409	5,958	7,237	8,718	-5.7%

Top Suppliers of Non-Numerically Controlled Sharpening Machine to India in 2022:

Norway (undefinedK units)
China (33.2K units)
Taiwan (Chinese) (23.1K units)
Italy (8.6K units)
United States (4.3K units)
Thailand (3.5K units)
Germany (3.4K units)
United Kingdom (1.8K units)
Japan (1.8K units)
Netherlands (1.6K units)
France (1.2K units)

Exports of Non-Numerically Controlled Sharpening Machine in India

Non-numerically controlled sharpening machine exports from India skyrocketed to 15K units in 2022, rising by 43% on the previous year's figure. Over the period under review, exports, however, recorded a slight decline. Over the period under review, the exports hit record highs at 16K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, non-numerically controlled sharpening machine exports soared to $1.5M in 2022. Overall, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -14.3% against 2020 indices. Over the period under review, the exports attained the peak figure at $1.7M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Non-Numerically Controlled Sharpening Machine in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	160	393	190	492	45.4%
South Africa	122	11.9	76.0	144	5.7%
Bangladesh	115	60.2	85.8	131	4.4%
Australia	45.1	23.0	40.5	67.8	14.6%
United Arab Emirates	42.6	14.5	11.8	65.6	15.5%
Canada	25.4	3.9	19.1	54.4	28.9%
Botswana	0.7	N/A	21.9	28.3	243.2%
Nepal	55.7	12.7	22.7	20.1	-28.8%
Somalia	N/A	N/A	N/A	16.0	0%
Bhutan	1.3	2.6	5.4	12.9	114.9%
Turkey	29.8	N/A	N/A	10.7	-28.9%
United Kingdom	70.6	88.3	72.4	8.6	-50.4%
Malaysia	1.9	0.3	1.0	3.9	27.1%
Others	760	1,119	510	427	-17.5%
Total	1,431	1,730	1,056	1,482	1.2%

Top Export Markets for Non-Numerically Controlled Sharpening Machine from India in 2022:

Bangladesh (4.2K units)
United States (2.7K units)
Turkey (1.7K units)
Australia (1.2K units)
South Africa (1.1K units)
Somalia (0.5K units)
United Arab Emirates (0.4K units)
Malaysia (0.4K units)
Bhutan (0.3K units)
Canada (0.3K units)
Botswana (0.3K units)
Nepal (0.1K units)
United Kingdom (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-numerically controlled sharpening 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 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) machines for working metal

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