Price for Book-Binding Machinery; Including Book-Sewing Machines in India - 2023

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in India (CIF) - 2022
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in India (FOB) - 2022
  3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in India
  4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in India

Price for Book-Binding Machinery; Including Book-Sewing Machines in India (CIF) - 2022

The average import price for book-binding machinery; including book-sewing machineses stood at $475 per unit in 2022, dropping by -1.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 14%. As a result, import price attained the peak level of $501 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($607 per unit), while the price for the United Arab Emirates ($84 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in India (FOB) - 2022

The average export price for book-binding machinery; including book-sewing machineses stood at $182 per unit in 2022, with a decrease of -61.8% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 21% against the previous year. Over the period under review, the average export prices reached the maximum at $477 per unit in 2021, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($482 per unit), while the average price for exports to Poland ($34 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 (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in India

In 2022, after two years of decline, there was significant growth in purchases abroad of book-binding machinery; including book-sewing machineses, when their volume increased by 13% to 18K units. Over the period under review, imports, however, showed a dramatic slump. Over the period under review, imports hit record highs at 44K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, book-binding machinery; including book-sewing machines imports rose significantly to $8.3M in 2022. Overall, imports, however, saw a dramatic descent. Imports peaked at $20M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Book-Binding Machinery; Including Book-Sewing Machines in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.16.64.03.0-37.2%
China1.41.30.81.52.3%
Switzerland0.20.10.11.491.3%
United Kingdom0.60.40.20.60.0%
United States0.50.20.30.50.0%
Japan1.30.30.30.4-32.5%
Italy0.12.00.50.226.0%
Netherlands1.50.20.30.1-59.5%
Others2.10.90.80.7-30.7%
Total19.811.87.58.3-25.2%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to India in 2022:

  1. Germany (4.9K units)
  2. China (3.8K units)
  3. Switzerland (3.0K units)
  4. United Kingdom (1.4K units)
  5. United States (1.0K units)
  6. Japan (0.9K units)
  7. Italy (0.5K units)
  8. Netherlands (0.3K units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in India

In 2022, overseas shipments of book-binding machinery; including book-sewing machineses were finally on the rise to reach 76K units after two years of decline. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, book-binding machinery; including book-sewing machines exports skyrocketed to $14M in 2022. Over the period under review, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Book-Binding Machinery; Including Book-Sewing Machines in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland0.68560.11,6971314.2%
Morocco35159.82.71,48161.6%
Turkey68.47303981,071150.2%
Tanzania7417904071,02011.2%
Vietnam60232.925599818.4%
ZimbabweN/AN/A0.7925132042.9%
Uganda56177917.679712.4%
United Kingdom77.636.914.9754113.4%
Kenya1,627245307670-25.6%
RomaniaN/A37.50.6577292.3%
South Africa653333380572-4.3%
Nigeria1,5021,3071,221524-29.6%
United Arab Emirates38.7127217379113.9%
Others6,8514,9564,1202,469-28.8%
Total13,07410,2917,34313,9342.1%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from India in 2022:

  1. Poland (49.9K units)
  2. Morocco (3.1K units)
  3. Turkey (2.3K units)
  4. Tanzania (2.2K units)
  5. Vietnam (2.1K units)
  6. Zimbabwe (2.0K units)
  7. United Arab Emirates (1.8K units)
  8. Uganda (1.7K units)
  9. United Kingdom (1.6K units)
  10. Kenya (1.4K units)
  11. Romania (1.2K units)
  12. South Africa (1.2K units)
  13. Nigeria (1.2K units)

Source: IndexBox Market Intelligence Platform

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