Report Update Apr 1, 2024

India - Planing, Milling or Moulding Machines - Market Analysis, Forecast, Size, Trends and Insights

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India: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in India

In 2022, after five years of growth, there was decline in the Indian wood milling machine market, when its value decreased by X% to $X. Overall, consumption, however, recorded a prominent expansion. Wood milling machine consumption peaked at $X in 2021, and then shrank modestly in the following year.

Wood Milling Machine Exports

Exports from India

For the third consecutive year, India recorded growth in overseas shipments of planing, milling or moulding machines, which increased by X% to X units in 2022. Over the period under review, exports saw strong growth. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, wood milling machine exports reduced rapidly to $X in 2022. In general, exports, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

Nepal (X units) was the main destination for wood milling machine exports from India, with a X% share of total exports. Moreover, wood milling machine exports to Nepal exceeded the volume sent to the second major destination, Bhutan (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Nepal amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bhutan (X% per year) and the Netherlands (X% per year).

In value terms, Nepal ($X), Bhutan ($X) and the Netherlands ($X) were the largest markets for wood milling machine exported from India worldwide, with a combined X% share of total exports.

Bhutan, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average wood milling machine export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bhutan ($X per unit), while the average price for exports to Nepal ($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 the Netherlands (X%), while the prices for the other major destinations experienced a decline.

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Wood Milling Machine Imports

Imports into India

In 2022, purchases abroad of planing, milling or moulding machines decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, showed a resilient increase. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X units in 2021, and then fell in the following year.

In value terms, wood milling machine imports expanded remarkably to $X in 2022. In general, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest wood milling machine supplier to India, with a X% share of total imports. Moreover, wood milling machine imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), fourfold. The United Arab Emirates (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of planing, milling or moulding machines to India, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average wood milling machine import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Germany ($X per unit), while the price for Spain ($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 a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for planing, milling or moulding machines in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and Singapore, together accounting for 50% of global consumption.

What are the largest producers of planing, milling or moulding machines in the world?

China constituted the country with the largest volume of wood milling machine production, accounting for 68% of total volume. Moreover, wood milling machine production in China exceeded the figures recorded by the second-largest producer, Singapore, ninefold. The Netherlands ranked third in terms of total production with a 4.3% share.

What are the leading suppliers of planing, milling or moulding machines to India?

In value terms, China constituted the largest supplier of planing, milling or moulding machines to India, comprising 48% of total imports. The second position in the ranking was held by Germany, with an 18% share of total imports. It was followed by Italy, with a 10% share.

What are the leading importers of planing, milling or moulding machines from India?

In value terms, the largest markets for wood milling machine exported from India were Nepal, Bhutan and the Netherlands $102), together comprising 79% of total exports.

What is the average export price for planing, milling or moulding machines in India?

In 2022, the average wood milling machine export price amounted to $108 per unit, declining by -45.1% against the previous year.

What is the average import price for planing, milling or moulding machines in India?

In 2022, the average wood milling machine import price amounted to $129 per unit, with an increase of 8% against the previous year.

This report provides an in-depth analysis of the wood milling 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.

Product coverage:

Prodcom 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023