India: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in India

In 2022, the Indian photo-copying apparatus market increased by 24% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Photo-Copying Apparatus Production in India

In value terms, photo-copying apparatus production stood at $X in 2022 estimated in export price. In general, production showed a dramatic descent. The pace of growth was the most pronounced in 2020 when the production volume decreased by 99.9%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Photo-Copying Apparatus Exports

Exports from India

In 2022, approx. X units of photo-copying apparatus were exported from India; with a decrease of -31.6% against the previous year. Over the period under review, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 when exports increased by 200% against the previous year. The exports peaked at X units in 2021, and then reduced sharply in the following year.

In value terms, photo-copying apparatus exports surged to $X in 2022. In general, total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 90% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units), Kenya (X units) and Israel (X units) were the main destinations of photo-copying apparatus exports from India, with a combined 32% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of +95.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for photo-copying apparatus exported from India were Israel ($X), the United Arab Emirates ($X) and Kenya ($X), with a combined 29% share of total exports.

Israel, with a CAGR of +72.7%, saw 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 2022, the average photo-copying apparatus export price amounted to $X per unit, growing by 78% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to Germany ($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 Russia (+9.4%), while the prices for the other major destinations experienced a decline.

Photo-Copying Apparatus Imports

Imports into India

Photo-copying apparatus imports into India surged to X units in 2022, growing by 67% compared with 2021. Over the period under review, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, photo-copying apparatus imports rose notably to $X in 2022. Overall, imports, however, showed a mild downturn. The growth pace was the most rapid in 2021 with an increase of 61%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of photo-copying apparatus to India, with a 70% share of total imports. Moreover, photo-copying apparatus imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), threefold. The third position in this ranking was taken by Singapore (X units), with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +27.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+64.8% per year) and Singapore (+6.6% per year).

In value terms, China ($X) constituted the largest supplier of photo-copying apparatus to India, comprising 44% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 19% share of total imports. It was followed by Japan, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+45.2% per year) and Japan (-8.8% per year).

Import Prices by Country

The average photo-copying apparatus import price stood at $X per unit in 2022, falling by -32% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 9.2% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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