Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India - 2023
Contents:
- Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India (CIF) - 2023
- Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India (FOB) - 2022
- Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India
- Exports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India
Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India (CIF) - 2023
In November 2023, the average import price for postage-franking machines, ticket-issuing machines which print ticketses amounted to $124 per unit, waning by -35.9% against the previous month. Over the period under review, the import price saw a mild contraction. The most prominent rate of growth was recorded in October 2023 an increase of 157% month-to-month. Over the period under review, average import prices reached the maximum at $465 per unit in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($471 per unit), while the price for China ($55.1 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.2%), while the prices for the other major suppliers experienced a decline.
Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India (FOB) - 2022
The average export price for postage-franking machines, ticket-issuing machines which print ticketses stood at $58 per unit in 2022, which is down by -3.4% against the previous year. Over the period under review, the export price, however, showed a modest expansion. The pace of growth was the most pronounced in 2015 an increase of 204%. The export price peaked at $141 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($393 per unit), while the average price for exports to Democratic Republic of the Congo ($3.2 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 (+62.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India
In 2022, approx. 257K units of postage-franking machines, ticket-issuing machines which print ticketses were imported into India; increasing by 43% on the previous year's figure. Over the period under review, imports, however, faced a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 108%. Over the period under review, imports of hit record highs at 1.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of postage-franking machines, ticket-issuing machines which print ticketses skyrocketed to $33M in 2022. In general, imports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 224%. Over the period under review, imports of reached the maximum at $35M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.3 | 2.1 | 4.0 | 12.4 | -26.6% |
| Taiwan (Chinese) | 0.5 | 0.3 | 0.6 | 12.4 | 191.6% |
| Hong Kong SAR | 1.6 | 0.1 | 4.1 | 1.6 | 0.0% |
| Others | 1.4 | 1.2 | 3.5 | 6.2 | 64.2% |
| Total | 34.9 | 3.8 | 12.2 | 32.6 | -2.2% |
Top Suppliers of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets to India in 2022:
- China (212.7K units)
- Taiwan (Chinese) (21.6K units)
- Hong Kong SAR (11.6K units)
Exports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India
In 2022, the amount of postage-franking machines, ticket-issuing machines which print ticketses exported from India contracted dramatically to 3.6K units, dropping by -47.4% against 2021. Overall, exports saw a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 79% against the previous year. Over the period under review, the exports of reached the maximum at 11K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of postage-franking machines, ticket-issuing machines which print ticketses declined remarkably to $206K in 2022. Over the period under review, exports showed a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. The exports peaked at $447K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 2.0 | 15.6 | N/A | 107 | 276.8% |
| Japan | N/A | 89.0 | N/A | 25.7 | -46.3% |
| Australia | 32.5 | 32.4 | 92.9 | 23.4 | -10.4% |
| United States | 8.8 | 34.5 | 156 | 18.9 | 29.0% |
| United Arab Emirates | 16.4 | 16.6 | N/A | 3.5 | -40.2% |
| Bangladesh | 84.8 | N/A | N/A | 2.9 | -67.5% |
| Nigeria | 19.0 | 0.2 | 6.5 | 2.5 | -49.1% |
| Bhutan | 47.6 | 70.2 | 0.3 | 1.1 | -71.5% |
| Sri Lanka | 9.8 | 3.1 | 81.2 | 1.0 | -53.3% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 0.5 | 0% |
| China | 66.4 | N/A | N/A | N/A | 0% |
| Seychelles | 108 | 0.1 | N/A | N/A | -99.9% |
| Others | 52.5 | 49.7 | 69.3 | 19.4 | -28.2% |
| Total | 447 | 311 | 406 | 206 | -22.8% |
Top Export Markets for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets from India in 2022:
- Australia (1277.0 units)
- Nepal (1232.0 units)
- Bangladesh (411.0 units)
- Democratic Republic of the Congo (159.0 units)
- Japan (116.0 units)
- Nigeria (59.0 units)
- United Arab Emirates (58.0 units)
- United States (48.0 units)
- Sri Lanka (19.0 units)
- Bhutan (7.0 units)
- Seychelles (1.0 units)
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