Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India - 2023
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India (FOB) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India (CIF) - 2022
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India (FOB) - 2022
The average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $33 per unit in 2022, rising by 3.7% against the previous year. Overall, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 66% against the previous year. The export price peaked at $124 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($69 per unit), while the average price for exports to Somalia ($6.2 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 Arab Emirates (-1.9%), while the prices for the other major destinations experienced a decline.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India (CIF) - 2022
In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $202 per unit, falling by -22.9% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 80%. The import price peaked at $901 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Japan ($2,651 per unit), while the price for China ($99 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India
In 2022, overseas shipments of weighing machines; having a maximum weighing capacity exceeding 5000kgs decreased by -22.4% to 142K units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 29%. As a result, the exports reached the peak of 234K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs shrank notably to $4.6M in 2022. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of reached the peak figure at $5.9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 896 | 740 | 1,197 | 759 | -5.4% |
| United Arab Emirates | 118 | 132 | 92.4 | 556 | 67.6% |
| Tanzania | 278 | 264 | 214 | 493 | 21.0% |
| Kenya | 129 | 203 | 136 | 346 | 38.9% |
| Uganda | 89.5 | 160 | 50.3 | 254 | 41.6% |
| Somalia | 203 | 177 | 284 | 101 | -20.8% |
| Sudan | 112 | 121 | 159 | 88.1 | -7.7% |
| United States | 55.9 | 121 | 81.9 | 52.7 | -1.9% |
| Ethiopia | 383 | 385 | 45.4 | 46.5 | -50.5% |
| Yemen | 107 | 63.0 | 73.7 | 24.8 | -38.6% |
| Others | 3,523 | 2,086 | 3,443 | 1,927 | -18.2% |
| Total | 5,893 | 4,451 | 5,778 | 4,648 | -7.6% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from India in 2022:
- Nepal (32.3K units)
- Tanzania (21.2K units)
- Kenya (20.9K units)
- Somalia (16.3K units)
- Uganda (11.8K units)
- United Arab Emirates (8.1K units)
- Ethiopia (6.5K units)
- Sudan (4.5K units)
- Yemen (3.1K units)
- United States (2.9K units)
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India
In 2022, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs into India declined to 22K units, which is down by -13.8% compared with the previous year. Overall, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, imports attained the peak of 26K units, and then reduced in the following year.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs shrank significantly to $4.5M in 2022. Over the period under review, imports recorded a sharp decline. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,900 | 983 | 2,364 | 1,892 | -0.1% |
| Singapore | 1.7 | 13.6 | 65.1 | 274 | 444.2% |
| Sri Lanka | 2,476 | 1,183 | 211 | 182 | -58.1% |
| Japan | 4,077 | 772 | 1,921 | 162 | -65.9% |
| Malaysia | 1.1 | 53.1 | 149 | 129 | 389.5% |
| Others | 1,701 | 1,309 | 2,074 | 1,867 | 3.2% |
| Total | 10,157 | 4,314 | 6,784 | 4,506 | -23.7% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to India in 2022:
- China (19.1K units)
- Singapore (1.0K units)
- Malaysia (0.5K units)
- Sri Lanka (0.4K units)
- Japan (0.1K units)
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