Rangefinders Price in India - 2023
Contents:
- Rangefinders Price in India (CIF) - 2023
- Rangefinders Price in India (FOB) - 2022
- Rangefinders Imports in India
- Rangefinders Exports in India
Rangefinders Price in India (CIF) - 2023
In June 2023, the average rangefinders import price amounted to $29.5 per unit, declining by -13% against the previous month. Overall, the import price saw a deep slump. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 191% month-to-month. As a result, import price reached the peak level of $141 per unit. From December 2022 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Malaysia ($36.1 per unit), while the price for China stood at $5.0 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-2.1%).
Rangefinders Price in India (FOB) - 2022
In 2022, the average rangefinders export price amounted to $102 per unit, dropping by -6.2% against the previous year. In general, the export price, however, showed perceptible growth. The pace of growth was the most pronounced in 2013 an increase of 81% against the previous year. The export price peaked at $131 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($352 per unit), while the average price for exports to Switzerland ($32 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 Ghana (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.
Rangefinders Imports in India
In 2022, rangefinders imports into India rose sharply to 62K units, growing by 6.3% on 2021 figures. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, rangefinders imports expanded modestly to $4.6M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Rangefinders in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,390 | 859 | 1,316 | 2,341 | 19.0% |
| Singapore | 4.7 | 25.5 | 13.3 | 1,002 | 497.4% |
| China | 72.3 | 99.9 | 186 | 306 | 61.8% |
| United States | 499 | 394 | 519 | 284 | -17.1% |
| Germany | 131 | 90.5 | 2,181 | 228 | 20.3% |
| Israel | 723 | 90.3 | 1.3 | 127 | -44.0% |
| Switzerland | 247 | 99.2 | 118 | 105 | -24.8% |
| Belgium | 400 | 777 | 8.3 | N/A | -85.6% |
| Others | 262 | 327 | 205 | 251 | -1.4% |
| Total | 3,730 | 2,762 | 4,547 | 4,646 | 7.6% |
Top Suppliers of Rangefinders to India in 2022:
- Malaysia (31.2K units)
- Singapore (13.4K units)
- China (4.1K units)
- United States (3.8K units)
- Germany (3.0K units)
- Israel (1.7K units)
- Switzerland (1.4K units)
Rangefinders Exports in India
In 2022, shipments abroad of rangefinderses increased by 0.1% to 4.4K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp descent. Over the period under review, the exports hit record highs at 21K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, rangefinders exports declined to $452K in 2022. Over the period under review, exports, however, showed a significant curtailment. The exports peaked at $2.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Rangefinders in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 92.2 | 0% |
| United States | 23.9 | 29.7 | 118 | 87.3 | 54.0% |
| Germany | 0.2 | 0.6 | N/A | 51.7 | 537.0% |
| Bhutan | N/A | 1.4 | 35.3 | 34.4 | 395.7% |
| Ghana | 3.4 | N/A | N/A | 34.0 | 115.4% |
| Ethiopia | N/A | N/A | 0.7 | 32.8 | 4585.7% |
| Tanzania | N/A | N/A | N/A | 23.1 | 0% |
| Switzerland | N/A | 5.0 | 7.0 | 6.5 | 14.0% |
| Israel | 1,961 | 847 | 140 | 4.1 | -87.2% |
| United Arab Emirates | 90.3 | 38.7 | 54.2 | 2.8 | -68.6% |
| Sri Lanka | 34.7 | 1.7 | 0.3 | 0.5 | -75.7% |
| Myanmar | 23.4 | 16.3 | 23.9 | N/A | 1.1% |
| Netherlands | N/A | 31.0 | 0.5 | N/A | -98.4% |
| Others | 111 | 63.1 | 101 | 82.3 | -9.5% |
| Total | 2,248 | 1,034 | 481 | 452 | -41.4% |
Top Export Markets for Rangefinders from India in 2022:
- Japan (975.0 units)
- Bhutan (814.0 units)
- Germany (547.0 units)
- Ghana (360.0 units)
- Ethiopia (347.0 units)
- United States (248.0 units)
- Tanzania (244.0 units)
- Switzerland (203.0 units)
- United Arab Emirates (68.0 units)
- Sri Lanka (15.0 units)
- Israel (12.0 units)
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