Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India - 2023
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India (CIF) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India (FOB) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India (CIF) - 2022
In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $1,385 per unit, shrinking by -29.3% against the previous year. Overall, the import price faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 26% against the previous year. The import price peaked at $16,375 per unit in 2013; however, from 2014 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 the United States ($5,222 per unit), while the price for Slovenia ($861 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (-15.6%), while the prices for the other major suppliers experienced a decline.
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India (FOB) - 2022
In 2022, the average export price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $196 per unit, which is down by -23.2% against the previous year. Overall, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 58% against the previous year. As a result, the export price reached the peak level of $879 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($1,940 per unit), while the average price for exports to Nepal ($69 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 (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India
Imports of casting machines; of a kind used in metallurgy or in metal foundrieses into India skyrocketed to 99K units in 2022, with an increase of 166% against the year before. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $137M in 2022. Overall, imports showed a temperate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.5 | 22.0 | 35.5 | 74.1 | 21.3% |
| Italy | 18.8 | 10.8 | 1.5 | 11.4 | -15.4% |
| United States | 3.3 | 4.8 | 1.2 | 9.1 | 40.2% |
| Germany | 4.7 | 1.4 | 2.5 | 7.9 | 18.9% |
| Slovenia | N/A | 0.7 | N/A | 3.9 | 136.0% |
| Others | 58.4 | 27.6 | 31.7 | 30.1 | -19.8% |
| Total | 127 | 67.4 | 72.4 | 137 | 2.6% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to India in 2022:
- China (84.0K units)
- Slovenia (4.5K units)
- Germany (3.5K units)
- Italy (3.1K units)
- United States (1.7K units)
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses exported from India skyrocketed to 54K units, picking up by 71% against 2021. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $11M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure at $11M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 437 | 1,675 | 1,089 | 2,727 | 84.1% |
| Nepal | 684 | 88.1 | 716 | 1,909 | 40.8% |
| United Arab Emirates | 202 | 404 | 333 | 1,313 | 86.6% |
| United States | 524 | 328 | 589 | 790 | 14.7% |
| Spain | N/A | 117 | 297 | 508 | 108.4% |
| South Africa | 22.9 | 345 | 193 | 272 | 128.2% |
| Philippines | N/A | N/A | N/A | 183 | 0% |
| Nigeria | 827 | 468 | 118 | 27.2 | -68.0% |
| Bhutan | 618 | 208 | 3.5 | 24.2 | -66.0% |
| Ireland | N/A | 76.5 | 38.5 | N/A | -49.7% |
| Others | 7,381 | 3,089 | 4,673 | 2,834 | -27.3% |
| Total | 10,697 | 6,799 | 8,049 | 10,589 | -0.3% |
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from India in 2022:
- Nepal (27.8K units)
- Spain (7.4K units)
- United States (5.3K units)
- United Arab Emirates (3.5K units)
- Philippines (2.2K units)
- South Africa (1.9K units)
- Bangladesh (1.4K units)
- Bhutan (0.1K units)
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