
India - Machines for Treating Metal, Having Individual Functions - Market Analysis, Forecast, Size, Trends and Insights
India: Metal Treating Machine Market 2022
Metal Treating Machine Market Size in India
In 2021, the Indian metal treating machine market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2018 indices. Metal treating machine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.
Metal Treating Machine Production in India
In value terms, metal treating machine production rose markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.
Metal Treating Machine Exports
Exports from India
Metal treating machine exports from India surged to X units in 2021, jumping by X% on 2020. Overall, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.
In value terms, metal treating machine exports skyrocketed to $X in 2021. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.
Exports by Country
Mexico (X units), Bangladesh (X units) and the United States (X units) were the main destinations of metal treating machine exports from India, together accounting for X% of total exports.
From 2012 to 2021, the biggest increases were in Mexico (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for metal treating machine exported from India were Mexico ($X), the United States ($X) and Bangladesh ($X), with a combined X% share of total exports.
Mexico, 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 metal treating machine export price amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Mexico ($X per unit), while the average price for exports to Thailand ($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 Germany (+X%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Treating Machine Imports
Imports into India
In 2021, supplies from abroad of machines for treating metal, having individual functions was finally on the rise to reach X units after three years of decline. Over the period under review, imports enjoyed a buoyant increase. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.
In value terms, metal treating machine imports rose notably to $X in 2021. Overall, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, China (X units) constituted the largest metal treating machine supplier to India, accounting for a X% share of total imports. It was followed by South Korea (X units), with a X% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Malaysia (+X% per year).
In value terms, China ($X) constituted the largest supplier of metal treating machine to India, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports.
From 2012 to 2021, 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: South Korea (-X% per year) and Malaysia (+X% per year).
Import Prices by Country
The average metal treating machine import price stood at $X per unit in 2021, which is down by -X% against the previous year. Overall, the import price saw a deep reduction. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+X%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal treating machine 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.
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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