India: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in India

The Indian non-electric roasting furnace market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, consumption saw a prominent increase. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Non-Electric Roasting Furnace Production in India

In value terms, non-electric roasting furnace production skyrocketed to $X in 2022 estimated in export price. In general, production showed significant growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Non-electric roasting furnace production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Non-Electric Roasting Furnace Exports

Exports from India

In 2022, approx. X units of non-electric furnaces and ovens for the roasting or melting were exported from India; picking up by X% on the previous year's figure. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, non-electric roasting furnace exports soared to $X in 2022. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bangladesh (X units), Zambia (X units) and Tanzania (X units) were the main destinations of non-electric roasting furnace exports from India, together comprising X% of total exports. Nepal, the United Arab Emirates, Bahrain, Qatar, Nigeria, Vietnam, Cote d'Ivoire, the United States, Algeria and Senegal lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X), Bahrain ($X) and Tanzania ($X) were the largest markets for non-electric roasting furnace exported from India worldwide, together comprising X% of total exports. Zambia, Nigeria, Vietnam, the United Arab Emirates, Senegal, Algeria, Nepal, Qatar, Cote d'Ivoire and the United States lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Cote d'Ivoire, with a CAGR of X%, recorded 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

In 2022, the average non-electric roasting furnace export price amounted to $X per unit, standing approx. at the previous year. In general, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood 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 Senegal ($X per unit), while the average price for exports to Nepal ($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 Qatar (X%), while the prices for the other major destinations experienced a decline.

Non-Electric Roasting Furnace Imports

Imports into India

In 2022, supplies from abroad of non-electric furnaces and ovens for the roasting or melting increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports posted a noticeable expansion. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, non-electric roasting furnace imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Lebanon (X units) and South Korea (X units) were the main suppliers of non-electric roasting furnace imports to India, together accounting for 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 Lebanon (with a CAGR of X.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and South Korea ($X) were the largest non-electric roasting furnace suppliers to India, together comprising X% of total imports.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electric roasting furnace import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Lebanon ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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