
India - Machine-Tools for Working Stone, Ceramics, and Concrete - Market Analysis, Forecast, Size, Trends and Insights
India: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2023
Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in India
In 2021, the Indian market for machine-tools for working stone, ceramics, and concrete increased by 89% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Production of Machine-Tools For Working Stone, Ceramics, And Concrete in India
In value terms, machine tools for working stone production contracted modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 53%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.
Exports of Machine-Tools For Working Stone, Ceramics, And Concrete
Exports from India
In 2021, overseas shipments of machine-tools for working stone, ceramics, and concrete increased by 194% to X units, rising for the third consecutive year after three years of decline. Overall, exports recorded a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, machine tools for working stone exports skyrocketed to $X in 2021. In general, exports showed a modest expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Iran (X units), China (X units) and Nepal (X units) were the main destinations of machine tools for working stone exports from India, with a combined 88% share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iran (with a CAGR of +119.3%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for machine tools for working stone exported from India were Iran ($X), China ($X) and Namibia ($X), with a combined 54% share of total exports.
Namibia, with a CAGR of +144.6%, recorded the highest rates of growth with regard to 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
The average export price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2021, jumping by 15% against the previous year. Over the period under review, the export price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 321%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Namibia ($X per unit), while the average price for exports to Oman ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machine-Tools For Working Stone, Ceramics, And Concrete
Imports into India
In 2021, approx. X units of machine-tools for working stone, ceramics, and concrete were imported into India; rising by 440% compared with 2020. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, machine tools for working stone imports soared to $X in 2021. Overall, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X units) was the main machine tools for working stone supplier to India, with a 97% share of total imports. It was followed by Italy (X units), with a 2.8% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +35.8%.
In value terms, China ($X) constituted the largest supplier of machine-tools for working stone, ceramics, and concrete to India, comprising 88% of total imports. The second position in the ranking was held by Italy ($X), with a 7.3% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +29.7%.
Import Prices by Country
The average import price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2021, declining by -42.5% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 32%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for China amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-4.5%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for machine tools for working stone 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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