Rafts; Inflatable Price in India - 2023

Contents:

1. Rafts; Inflatable Price in India (FOB) - 2022
2. Rafts; Inflatable Price in India (CIF) - 2023
3. Rafts; Inflatable Exports in India
4. Rafts; Inflatable Imports in India

Rafts; Inflatable Price in India (FOB) - 2022

In 2022, the average rafts; inflatable export price amounted to $1,742 per unit, with a decrease of -76.8% against the previous year. In general, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of 277%. As a result, the export price reached the peak level of $7,508 per unit, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($11,199 per unit), while the average price for exports to Sudan ($7.8 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 Qatar (+24.7%).

Rafts; Inflatable Price in India (CIF) - 2023

The average rafts; inflatable import price stood at $1,975 per unit in September 2023, therefore, remained relatively stable against the previous month. Overall, the import price saw a temperate expansion. The pace of growth was the most pronounced in December 2022 when the average import price increased by 794% against the previous month. As a result, import price reached the peak level of $11,086 per unit; afterwards, it flattened through to September 2023.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($5,453 per unit), while the price for the Netherlands ($1,076 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Rafts; Inflatable Exports in India

In 2022, exports of rafts; inflatables from India surged to 1.3K units, jumping by 436% on 2021 figures. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, rafts; inflatable exports surged to $2.2M in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 413%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Rafts; Inflatable from India in 2022:

1. Bulgaria (1000.0 units)
2. United States (173.0 units)
3. Sudan (40.0 units)
4. United Arab Emirates (4.0 units)

Rafts; Inflatable Imports in India

In 2022, after two years of decline, there was significant growth in supplies from abroad of rafts; inflatables, when their volume increased by 26% to 529 units. Overall, imports, however, faced a deep slump. Over the period under review, imports reached the maximum at 902 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, rafts; inflatable imports contracted rapidly to $867K in 2022. Over the period under review, imports, however, showed a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 8.1% against the previous year. Over the period under review, imports reached the maximum at $2.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Rafts; Inflatable to India in 2022:

1. China (347.0 units)
2. United States (126.0 units)
3. Italy (24.0 units)
4. Singapore (16.0 units)
5. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform