India - In-Hand Motor Grinders, Sanders And Planers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India - 2023
Contents:
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India (CIF) - 2022
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India (FOB) - 2022
- Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India
- Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India (CIF) - 2022
The average import price for in-hand motor grinders, sanders and planers stood at $19 per unit in 2022, surging by 36% against the previous year. Overall, the import price, however, saw a noticeable descent. The import price peaked at $29 per unit in 2013; however, from 2014 to 2022, 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 Thailand ($31 per unit), while the price for China totaled $14 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-0.2%).
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India (FOB) - 2022
In 2022, the average export price for in-hand motor grinders, sanders and planers amounted to $52 per unit, surging by 24% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for in-hand motor grinders, sanders and planers increased by +60.0% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 91%. The export price peaked at $54 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 Mexico ($67 per unit), while the average price for exports to Nepal ($19 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 (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India
In 2022, the amount of in-hand motor grinders, sanders and planers imported into India fell significantly to 6M units, dropping by -32.8% compared with the previous year's figure. Over the period under review, imports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 63%. As a result, imports reached the peak of 9M units, and then reduced rapidly in the following year.
In value terms, imports of in-hand motor grinders, sanders and planers dropped to $112M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $123M, and then dropped in the following year.
| Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.7 | 60.1 | 91.4 | 77.6 | 3.6% |
| Thailand | 3.5 | 2.4 | 4.9 | 5.2 | 14.1% |
| Others | 30.9 | 22.8 | 27.0 | 29.6 | -1.4% |
| Total | 104 | 85.2 | 123 | 112 | 2.5% |
Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to India in 2022:
- China (5.7M units)
- Thailand (0.2M units)
Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India
In 2022, shipments abroad of in-hand motor grinders, sanders and planers decreased by -31.5% to 298K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 159%. The exports peaked at 435K units in 2021, and then contracted rapidly in the following year.
In value terms, exports of in-hand motor grinders, sanders and planers shrank to $16M in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. As a result, the exports reached the peak of $18M, and then reduced in the following year.
| Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 219 | 2,661 | 4,635 | 4,837 | 180.6% |
| Germany | 1,682 | 1,646 | 2,852 | 2,522 | 14.5% |
| Mexico | 113 | 1,165 | 1,678 | 1,207 | 120.2% |
| Bhutan | 298 | 503 | 952 | 935 | 46.4% |
| Colombia | 81.7 | 654 | 898 | 865 | 119.6% |
| Belgium | 7.8 | 18.1 | 1,700 | 829 | 373.7% |
| United Arab Emirates | 465 | 274 | 563 | 620 | 10.1% |
| United Kingdom | 237 | 273 | 948 | 607 | 36.8% |
| Bangladesh | 251 | 75.9 | 604 | 268 | 2.2% |
| Nepal | 173 | 147 | 387 | 248 | 12.8% |
| Tanzania | 21.8 | 17.6 | 60.5 | 173 | 99.5% |
| Chile | 140 | 495 | 988 | 141 | 0.2% |
| Nigeria | 352 | 185 | 162 | 94.0 | -35.6% |
| Others | 1,685 | 1,744 | 1,790 | 2,178 | 8.9% |
| Total | 5,725 | 9,860 | 18,216 | 15,525 | 39.5% |
Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from India in 2022:
- United States (79.8K units)
- Germany (48.9K units)
- Bhutan (31.3K units)
- Belgium (27.1K units)
- Colombia (22.2K units)
- Mexico (17.9K units)
- Nepal (13.4K units)
- United Arab Emirates (10.7K units)
- United Kingdom (10.4K units)
- Tanzania (7.4K units)
- Bangladesh (4.6K units)
- Chile (2.2K units)
- Nigeria (1.5K units)
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor 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:
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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