India: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2022

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in India

The Indian market for domestic, non-electric, cooking or heating appliances contracted to $X in 2021, dropping by -X% against the previous year. Over the period under review, consumption, however, recorded a remarkable increase. Consumption of peaked at $X in 2020, and then dropped in the following year.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in India

In value terms, production of domestic, non-electric, cooking or heating appliances reduced to $X in 2021 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, production of hit record highs at $X in 2020, and then shrank modestly in the following year.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from India

For the fourth year in a row, India recorded growth in overseas shipments of domestic, non-electric, cooking or heating appliances, which increased by X% to X tons in 2021. Overall, exports enjoyed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of domestic, non-electric, cooking or heating appliances skyrocketed to $X in 2021. Over the period under review, total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kenya (X tons) was the main destination for exports of domestic, non-electric, cooking or heating appliances from India, accounting for a X% share of total exports. Moreover, exports of domestic, non-electric, cooking or heating appliances to Kenya exceeded the volume sent to the second major destination, Nepal (X tons), twofold. Sri Lanka (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kenya totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+X% per year) and Sri Lanka (+X% per year).

In value terms, the largest markets for domestic, non-electric, cooking or heating appliance exported from India were Kenya ($X), Nepal ($X) and the United States ($X), together accounting for X% of total exports.

Kenya, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Somalia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into India

In 2021, imports of domestic, non-electric, cooking or heating appliances into India surged to X tons, growing by X% compared with the previous year. In general, imports recorded a modest expansion. Over the period under review, imports of reached the maximum at X tons in 2014; afterwards, it flattened through to 2021.

In value terms, imports of domestic, non-electric, cooking or heating appliances soared to $X in 2021. Over the period under review, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to India, accounting for a X% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), ninefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+X% per year) and Germany (+X% per year).

In value terms, China ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to India, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average import price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, growing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Germany ($X per ton) and Thailand ($X per ton), while the price for China ($X per ton) and Hong Kong SAR ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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