Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India (FOB) - 2022
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India (CIF) - 2022
- Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India
- Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India (FOB) - 2022
In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $128,398 per ton, falling by -8.8% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 90% against the previous year. Over the period under review, the average export prices attained the maximum at $140,774 per ton in 2021, and then fell in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($128,385 per ton) and the UK ($128,383 per ton), while the average price for exports to Singapore ($128,371 per ton) and Belgium ($128,378 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India (CIF) - 2022
In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $118,590 per ton, reducing by -3.1% against the previous year. In general, the import price, however, recorded strong growth. The most prominent rate of growth was recorded in 2017 an increase of 65% against the previous year. The import price peaked at $122,432 per ton in 2021, and then shrank slightly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Israel ($118,593 per ton) and China ($118,592 per ton), while the price for the United States ($118,584 per ton) and Italy ($118,587 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India
In 2022, approx. 516 tons of machine-tools; parts and accessories, tool holders and self-opening dieheadses were exported from India; increasing by 13% against 2021. Over the period under review, total exports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses rose slightly to $66M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 72%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 11.9 | 7.5 | 12.4 | 17.3 | 13.3% |
| Germany | 12.5 | 7.7 | 11.4 | 13.6 | 2.9% |
| United States | 9.6 | 6.4 | 11.8 | 12.0 | 7.7% |
| South Korea | 4.3 | 4.4 | 8.1 | 7.1 | 18.2% |
| Belgium | 9.7 | 5.8 | 10.2 | 6.0 | -14.8% |
| United Kingdom | 0.8 | 1.2 | 1.4 | 1.5 | 23.3% |
| Italy | 0.8 | 0.6 | 1.0 | 1.1 | 11.2% |
| China | 0.5 | 0.3 | 1.0 | 1.0 | 26.0% |
| Others | 4.0 | 3.5 | 7.2 | 6.7 | 18.8% |
| Total | 54.1 | 37.4 | 64.5 | 66.3 | 7.0% |
Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from India in 2022:
- Netherlands (134.9 tons)
- Germany (106.2 tons)
- United States (93.4 tons)
- South Korea (55.3 tons)
- Belgium (46.4 tons)
- United Kingdom (11.6 tons)
- Italy (8.9 tons)
- China (7.9 tons)
Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India
In 2022, the amount of machine-tools; parts and accessories, tool holders and self-opening dieheadses imported into India soared to 288 tons, with an increase of 26% on 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses surged to $34M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.9 | 6.8 | 10.7 | 11.9 | 14.6% |
| Japan | 4.3 | 3.1 | 3.9 | 6.2 | 13.0% |
| Singapore | 2.9 | 1.7 | 2.5 | 3.1 | 2.2% |
| South Korea | 2.5 | 1.7 | 2.1 | 2.7 | 2.6% |
| Belgium | 1.4 | 1.2 | 2.1 | 2.0 | 12.6% |
| China | 1.2 | 0.9 | 1.4 | 1.9 | 16.6% |
| Switzerland | 2.5 | 0.6 | 0.8 | 1.6 | -13.8% |
| Others | 3.1 | 3.5 | 4.6 | 4.9 | 16.5% |
| Total | 25.6 | 19.6 | 28.1 | 34.2 | 10.1% |
Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to India in 2022:
- Germany (100.2 tons)
- Japan (52.4 tons)
- Singapore (25.8 tons)
- South Korea (22.5 tons)
- Belgium (16.9 tons)
- China (15.9 tons)
- Switzerland (13.6 tons)
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