India - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - Test Benches - Market Analysis, Forecast, Size, Trends And Insights

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Test Bench Price in India - 2023

Contents:

  1. Test Bench Price in India (CIF) - 2022
  2. Test Bench Price in India (FOB) - 2022
  3. Test Bench Imports in India
  4. Test Bench Exports in India

Test Bench Price in India (CIF) - 2022

In 2022, the average test bench import price amounted to $9,647 per unit, approximately equating the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 53%. As a result, import price reached the peak level of $16,932 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

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 the United States ($20,865 per unit), while the price for China ($3,707 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Test Bench Price in India (FOB) - 2022

In 2022, the average test bench export price amounted to $7,320 per unit, surging by 5.8% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 306% against the previous year. As a result, the export price reached the peak level of $11,421 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($12,085 per unit), while the average price for exports to Taiwan (Chinese) ($409 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 the United States (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Test Bench Imports in India

After three years of growth, supplies from abroad of test benches decreased by -68.8% to 3.4K units in 2022. Over the period under review, imports saw a mild downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 103% against the previous year. Imports peaked at 11K units in 2021, and then declined markedly in the following year.

In value terms, test bench imports fell sharply to $33M in 2022. In general, imports showed a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 71% against the previous year. Over the period under review, imports hit record highs at $105M in 2021, and then shrank sharply in the following year.

Import of Test Bench in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany20.415.017.110.6-19.6%
Italy9.76.13.33.8-26.8%
France2.552.262.32.95.1%
United States5.13.02.62.6-20.1%
Japan7.04.12.12.5-29.1%
China4.73.06.52.2-22.4%
Belgium0.10.91.01.7157.1%
Austria3.14.42.41.3-25.1%
UkraineN/A8.1N/AN/A0%
Others6.84.97.84.9-10.3%
Total59.410210532.6-18.1%

Top Suppliers of Test Bench to India in 2022:

  1. Germany (1013.0 units)
  2. China (605.0 units)
  3. Italy (380.0 units)
  4. Austria (321.0 units)
  5. France (281.0 units)
  6. Japan (176.0 units)
  7. Belgium (166.0 units)
  8. United States (123.0 units)

Test Bench Exports in India

For the fourth consecutive year, India recorded growth in shipments abroad of test benches, which increased by 323% to 8.2K units in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, test bench exports surged to $60M in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Test Bench in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.58.76.153.8128.7%
United States0.70.41.22.450.8%
Hong Kong SARN/A1.20.40.4-42.3%
United Arab Emirates0.30.20.30.30.0%
Taiwan (Chinese)N/AN/AN/A0.10%
Others4.24.15.43.3-7.7%
Total9.714.513.560.383.9%

Top Export Markets for Test Bench from India in 2022:

  1. France (7.0K units)
  2. United States (0.2K units)
  3. Taiwan (Chinese) (0.1K units)
  4. United Arab Emirates (0.1K units)
  5. Hong Kong SAR (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the test bench market 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 26516620 - Test benches

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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