India: Personal Weighing Machine Market 2024

Personal Weighing Machine Market Size in India

The Indian personal weighing machine market shrank slightly to $X in 2022, declining by X% against the previous year. In general, consumption, however, posted a strong increase. Personal weighing machine consumption peaked at $X in 2021, and then dropped in the following year.

Personal Weighing Machine Production in India

In value terms, personal weighing machine production fell modestly to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Personal weighing machine production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Personal Weighing Machine Exports

Exports from India

In 2022, after two years of growth, there was significant decline in shipments abroad of personal weighing machines, when their volume decreased by X% to X units. Over the period under review, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, personal weighing machine exports fell markedly to $X in 2022. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units), Uganda (X units) and Nepal (X units) were the main destinations of personal weighing machine exports from India, together comprising X% of total exports. Malawi, the United Arab Emirates, Kenya, China, Malaysia, Ethiopia and Canada lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for personal weighing machine exported from India were the UK ($X), Uganda ($X) and Nepal ($X), with a combined X% share of total exports. The United Arab Emirates, Ethiopia, Kenya, Malaysia, Malawi, China and Canada lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 personal weighing machine export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($X per unit), while the average price for exports to Canada ($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 Ethiopia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Weighing Machine Imports

Imports into India

After five years of growth, overseas purchases of personal weighing machines decreased by X% to X units in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then declined in the following year.

In value terms, personal weighing machine imports fell to $X in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of personal weighing machine to India, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of personal weighing machines to India.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

In 2022, the average personal weighing machine import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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