Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in India - 2022

Contents:

1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in India (CIF) - 2022
2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in India (FOB) - 2022
3. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in India
4. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in India

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in India (CIF) - 2022

The average import price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $50,732,934 per unit in 2022, growing by 1,879% against the previous year. Overall, the import price posted prominent growth. The import price peaked at $66,916,744 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($283,310,862 per unit), while the price for Denmark ($3,364 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+136.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in India (FOB) - 2022

In 2022, the average export price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $2,570,909 per unit, increasing by 396% against the previous year. In general, the export price, however, saw a precipitous slump. The growth pace was the most rapid in 2019 an increase of 2,634% against the previous year. The export price peaked at $102,812,773 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 Oman ($499,161 per unit), while the average price for exports to Malaysia totaled $52,287 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+54.9%), while the prices for the other major destinations experienced a decline.

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in India

In 2022, imports of vessels; other, including warships and lifeboats, other than rowing boatses into India skyrocketed to 18 units, surging by 29% against 2021. The total import volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses surged to $913M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to India in 2022:

1. Oman (2.0 units)
2. Singapore (1.0 units)
3. Finland (1.0 units)
4. Lithuania (1.0 units)
5. France (1.0 units)
6. Malaysia (1.0 units)
7. Vietnam (1.0 units)
8. Germany (1.0 units)
9. Denmark (1.0 units)
10. China (1.0 units)
11. New Zealand (1.0 units)
12. Norway (1.0 units)
13. South Korea (1.0 units)

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in India

After three years of growth, shipments abroad of vessels; other, including warships and lifeboats, other than rowing boatses decreased by -70.4% to 120 units in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 712%. As a result, the exports attained the peak of 406 units, and then shrank notably in the following year.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses skyrocketed to $309M in 2022. Overall, exports continue to indicate a noticeable decline. The exports peaked at $335M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from India in 2022:

1. Oman (111.0 units)
2. Malaysia (1.0 units)

Source: IndexBox Market Intelligence Platform