India - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLift and Hoist Price in India - 2023
Contents:
- Lift and Hoist Price in India (CIF) - 2022
- Lift and Hoist Price in India (FOB) - 2022
- Lift and Hoist Imports in India
- Lift and Hoist Exports in India
Lift and Hoist Price in India (CIF) - 2022
The average lift and hoist import price stood at $13,653 per unit in 2022, flattening at the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 43%. Over the period under review, average import prices hit record highs at $15,431 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($27,125 per unit), while the price for the United States ($4,000 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%), while the prices for the other major suppliers experienced a decline.
Lift and Hoist Price in India (FOB) - 2022
The average lift and hoist export price stood at $1,291 per unit in 2022, rising by 43% against the previous year. Overall, the export price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 47%. As a result, the export price attained the peak level of $3,737 per unit. From 2016 to 2022, the average 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 Vietnam ($4,154 per unit), while the average price for exports to the UK ($204 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 States (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Lift and Hoist Imports in India
In 2022, purchases abroad of lifts and hoists was finally on the rise to reach 7.8K units after two years of decline. Overall, imports, however, showed a deep setback. Imports peaked at 12K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, lift and hoist imports surged to $106M in 2022. Over the period under review, imports, however, recorded a deep downturn. Imports peaked at $138M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Lift and Hoist in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 69.1 | 41.8 | 47.1 | 73.7 | 2.2% |
Thailand | 24.8 | 12.8 | 7.6 | 9.9 | -26.4% |
South Korea | 3.5 | 2.0 | 3.6 | 5.6 | 17.0% |
Italy | 4.8 | 2.6 | 3.1 | 2.5 | -19.5% |
United States | 2.9 | 4.2 | 3.4 | 2.2 | -8.8% |
Japan | 6.2 | 3.2 | 3.2 | 2.1 | -30.3% |
Spain | 2.2 | 0.8 | 0.3 | 0.6 | -35.2% |
Turkey | 2.1 | N/A | 0.3 | N/A | -62.2% |
Others | 22.5 | 10.4 | 9.0 | 9.5 | -25.0% |
Total | 138 | 77.8 | 77.7 | 106 | -8.4% |
Top Suppliers of Lift and Hoist to India in 2022:
- China (4977.0 units)
- South Korea (770.0 units)
- United States (559.0 units)
- Thailand (366.0 units)
- Italy (331.0 units)
- Spain (102.0 units)
- Japan (88.0 units)
- Turkey (12.0 units)
Lift and Hoist Exports in India
For the fourth consecutive year, India recorded growth in shipments abroad of lifts and hoists, which increased by 32% to 81K units in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 400%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, lift and hoist exports surged to $104M in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 213%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Lift and Hoist in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.2 | 2.9 | 21.4 | 68.5 | 599.7% |
United Kingdom | 0.3 | 2.7 | 10.2 | 10.9 | 231.2% |
Nepal | 3.3 | 2.7 | 4.5 | 5.2 | 16.4% |
Others | 9.7 | 9.4 | 19.3 | 19.8 | 26.9% |
Total | 13.4 | 17.7 | 55.4 | 104 | 98.0% |
Top Export Markets for Lift and Hoist from India in 2022:
- United Kingdom (53.3K units)
- United States (19.1K units)
- Nepal (3.5K units)
This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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