India: Thread Rolling Machine Market 2024

Thread Rolling Machine Market Size in India

In 2022, after three years of growth, there was significant decline in the Indian thread rolling machine market, when its value decreased by X% to $X. Overall, consumption, however, showed significant growth. Thread rolling machine consumption peaked at $X in 2021, and then shrank in the following year.

Thread Rolling Machine Production in India

In value terms, thread rolling machine production soared to $X in 2022 estimated in export price. In general, production, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X,767%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Thread Rolling Machine Exports

Exports from India

In 2022, overseas shipments of thread rolling machines for working metal, sintered metal carbides or cermets decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, thread rolling machine exports dropped to $X in 2022. In general, exports, however, saw pronounced growth. The growth pace was the most rapid in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Papua New Guinea (X units), Saudi Arabia (X units) and the United Arab Emirates (X units) were the main destinations of thread rolling machine exports from India, together accounting for X% of total exports. Chad, Bangladesh, Qatar and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for thread rolling machine exported from India were Bangladesh ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), together comprising X% of total exports.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 thread rolling machine export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price, however, showed a deep slump. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

Thread Rolling Machine Imports

Imports into India

In 2022, thread rolling machine imports into India surged to X units, picking up by X% on 2021 figures. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, thread rolling machine imports soared to $X in 2022. Overall, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest thread rolling machine supplier to India, with a X% share of total imports. Moreover, thread rolling machine imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fourfold.

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

In value terms, the largest thread rolling machine suppliers to India were China ($X), Taiwan (Chinese) ($X) and Japan ($X), with a combined X% share of total imports.

Japan, with a CAGR of X%, saw the highest rates of growth with regard to 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 thread rolling machine import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced 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 failed to regain momentum.

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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform