India: Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size in India

The Indian construction equipment blade market fell to $X in 2022, which is down by X% against the previous year. Overall, consumption recorded a abrupt decrease. Construction equipment blade consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Construction Equipment Blade Production in India

In value terms, construction equipment blade production rose sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Construction Equipment Blade Exports

Exports from India

Construction equipment blade exports from India surged to X units in 2022, rising by X% against the previous year. Overall, exports recorded a tangible increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, construction equipment blade exports soared to $X in 2022. Over the period under review, exports posted a moderate increase. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units), Venezuela (X units) and Kenya (X units) were the main destinations of construction equipment blade exports from India, together comprising X% of total exports. The United States, Cameroon, Ethiopia, South Africa, the UK, Mali, Sierra Leone, Malaysia and Saudi Arabia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Cameroon (with a CAGR of X.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), Cameroon ($X) and Venezuela ($X) constituted the largest markets for construction equipment blade exported from India worldwide, together comprising X% of total exports.

Among the main countries of destination, Cameroon, with a CAGR of X.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average construction equipment blade export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price recorded a modest expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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 Cameroon ($X per unit), while the average price for exports to Malaysia ($X 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 Cameroon (X%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Equipment Blade Imports

Imports into India

Construction equipment blade imports into India skyrocketed to X units in 2022, rising by X% against the previous year. In general, imports, however, saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, construction equipment blade imports soared to $X in 2022. Overall, imports, however, showed a sharp decline. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Vietnam (X units), China (X units) and Italy (X units) were the main suppliers of construction equipment blade imports to India, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of blades for construction equipment to India, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Italy (X% per year).

Import Prices by Country

The average construction equipment blade import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Vietnam ($X 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 Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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