Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India - 2023

Contents:

  1. Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India (CIF) - 2022
  2. Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India (FOB) - 2022
  3. Imports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India
  4. Exports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India

Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India (CIF) - 2022

The average import price for surveying equipment; parts and accessories for articles of heading no. 9015 stood at $190,304 per ton in 2022, with an increase of 18% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 53% against the previous year. Over the period under review, average import prices attained the peak figure at $198,366 per ton in 2020; however, from 2021 to 2022, 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 the UK ($348,198 per ton), while the price for China ($44,638 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India (FOB) - 2022

The average export price for surveying equipment; parts and accessories for articles of heading no. 9015 stood at $13,387 per ton in 2022, which is down by -2.4% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2018 when the average export price increased by 46%. As a result, the export price reached the peak level of $40,836 per ton. From 2019 to 2022, the average 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 the United Arab Emirates ($133,125 per ton), while the average price for exports to Germany ($5,138 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India

After three years of growth, overseas purchases of surveying equipment; parts and accessories for articles of heading no. 9015 decreased by -40.7% to 149 tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 57%.

In value terms, imports of surveying equipment; parts and accessories for articles of heading no. 9015 fell dramatically to $28M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 73%. As a result, imports attained the peak of $39M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.25.14.85.821.9%
Netherlands1.94.53.44.028.2%
United Arab Emirates3.17.92.73.76.1%
Canada1.20.70.61.712.3%
Denmark0.11.52.41.7157.1%
China1.41.02.71.52.3%
United Kingdom1.01.20.71.39.1%
Saudi Arabia0.10.50.40.8100.0%
TurkeyN/A0.11.20.7164.6%
Belgium0.20.7N/A0.751.8%
Germany0.81.00.60.7-4.4%
Norway0.10.60.10.791.3%
Singapore3.11.74.00.6-42.2%
Others6.813.014.53.8-17.6%
Total22.839.438.127.76.7%

Top Suppliers of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 to India in 2022:

  1. United States (32.8 tons)
  2. China (32.8 tons)
  3. Netherlands (16.4 tons)
  4. United Arab Emirates (15.2 tons)
  5. Norway (8.2 tons)
  6. Denmark (6.6 tons)
  7. Canada (5.3 tons)
  8. United Kingdom (3.7 tons)
  9. Germany (3.0 tons)
  10. Singapore (2.9 tons)
  11. Belgium (2.8 tons)
  12. Saudi Arabia (2.6 tons)
  13. Turkey (2.3 tons)

Exports of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India

In 2022, the amount of surveying equipment; parts and accessories for articles of heading no. 9015 exported from India shrank remarkably to 1.9K tons, which is down by -28.5% compared with 2021. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 154%. As a result, the exports attained the peak of 2.6K tons, and then contracted sharply in the following year.

In value terms, exports of surveying equipment; parts and accessories for articles of heading no. 9015 shrank notably to $25M in 2022. Over the period under review, exports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. As a result, the exports attained the peak of $36M, and then declined markedly in the following year.

Export of Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.36.38.47.03.6%
Germany4.04.36.94.21.6%
Russia0.10.10.12.9207.2%
Belgium1.61.52.71.4-4.4%
Singapore2.52.30.51.1-23.9%
Netherlands1.11.01.11.0-3.1%
Malaysia2.20.97.90.6-35.2%
Others9.07.58.26.3-11.2%
Total26.923.935.824.5-3.1%

Top Export Markets for Surveying Equipment; Parts and Accessories for Articles of Heading No. 9015 from India in 2022:

  1. Germany (819.7 tons)
  2. United States (658.9 tons)
  3. Belgium (159.8 tons)
  4. Russia (56.8 tons)
  5. Netherlands (43.6 tons)
  6. Singapore (35.4 tons)
  7. Malaysia (23.9 tons)

Source: IndexBox Market Intelligence Platform

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