Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in India - 2023

Contents:

1. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in India (CIF) - 2022
2. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in India (FOB) - 2022
3. Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in India
4. Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in India

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in India (CIF) - 2022

The average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses stood at $35 per unit in 2022, falling by -84.2% against the previous year. Overall, the import price recorded a precipitous contraction. The pace of growth was the most pronounced in 2016 an increase of 622%. As a result, import price reached the peak level of $5,005 per unit. From 2017 to 2022, the average 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 Singapore ($89 per unit), while the price for the United Arab Emirates stood at $24 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-26.4%).

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in India (FOB) - 2022

In 2022, the average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $1,419 per unit, with an increase of 55% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 284% against the previous year. The export price peaked at $4,465 per unit in 2014; however, from 2015 to 2022, the 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 Indonesia ($5,730 per unit), while the average price for exports to Yemen ($32 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 Yemen (+499.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in India

In 2022, the amount of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses imported into India soared to 1.2M units, jumping by 2,389% against the previous year. Overall, imports enjoyed 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 floating structures; tanks, coffer-dams, landing stages, buoys and beaconses soared to $43M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to India in 2022:

1. United Arab Emirates (1035.9K units)
2. Singapore (172.3K units)

Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in India

In 2022, overseas shipments of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses decreased by -32.7% to 2.3K units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 3.3%. As a result, the exports attained the peak of 3.9K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses rose modestly to $3.3M in 2022. In general, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from India in 2022:

1. United Arab Emirates (731.0 units)
2. United States (299.0 units)
3. Indonesia (276.0 units)
4. Myanmar (252.0 units)
5. Singapore (126.0 units)
6. Maldives (109.0 units)
7. Australia (100.0 units)
8. Bahrain (61.0 units)
9. Malaysia (53.0 units)
10. Saudi Arabia (46.0 units)
11. Bhutan (44.0 units)
12. Sierra Leone (12.0 units)

Source: IndexBox Market Intelligence Platform