Dredgers Price in India - 2023

Contents:

1. Dredgers Price in India (FOB) - 2022
2. Dredgers Price in India (CIF) - 2022
3. Dredgers Exports in India
4. Dredgers Imports in India

Dredgers Price in India (FOB) - 2022

In 2022, the average dredgers export price amounted to $39,112,803 per unit, with an increase of 57% against the previous year. In general, the export price showed a significant expansion. The growth pace was the most rapid in 2013 an increase of 1,209%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($148,879,131 per unit), while the average price for exports to Myanmar ($1,688,563 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 United Arab Emirates (+242.7%), while the prices for the other major destinations experienced more modest paces of growth.

Dredgers Price in India (CIF) - 2022

In 2022, the average dredgers import price amounted to $22,277,422 per unit, increasing by 1,395% against the previous year. Overall, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($69,708,438 per unit), while the price for Italy ($168,324 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+145.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Dredgers Exports in India

For the third consecutive year, India recorded decline in shipments abroad of dredgerses, which decreased by -50% to 5 units in 2022. Over the period under review, exports showed a sharp descent. The smallest decline of -44.4% was in 2021. Over the period under review, the exports hit record highs at 100 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, dredgers exports shrank markedly to $196M in 2022. Overall, exports faced a precipitous curtailment. The exports peaked at $639M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Dredgers from India in 2022:

1. Myanmar (2.0 units)
2. United Arab Emirates (1.0 units)
3. Oman (1.0 units)
4. Singapore (1.0 units)

Dredgers Imports in India

In 2022, after three years of growth, there was significant decline in overseas purchases of dredgerses, when their volume decreased by -90.1% to 12 units. In general, imports showed a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 112% against the previous year. As a result, imports reached the peak of 121 units, and then shrank significantly in the following year.

In value terms, dredgers imports soared to $267M in 2022. Overall, imports, however, continue to indicate a slight expansion. The growth pace was the most rapid in 2020 with an increase of 89% against the previous year. As a result, imports reached the peak of $485M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Dredgers to India in 2022:

1. Singapore (3.0 units)
2. United Arab Emirates (3.0 units)
3. Italy (2.0 units)
4. Netherlands (1.0 units)
5. Bangladesh (1.0 units)
6. Indonesia (1.0 units)
7. Finland (1.0 units)

Source: IndexBox Market Intelligence Platform