India: Blow-Moulding Machine Market 2024

Blow-Moulding Machine Market Size in India

In 2022, the Indian blow-moulding machine market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a mild decline. Blow-moulding machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Blow-Moulding Machine Production in India

In value terms, blow-moulding machine production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Blow-Moulding Machine Exports

Exports from India

After four years of growth, shipments abroad of blow-moulding machines for working rubber or plastics decreased by X% to X units in 2022. Overall, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then reduced markedly in the following year.

In value terms, blow-moulding machine exports declined rapidly to $X in 2022. Over the period under review, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell significantly in the following year.

Exports by Country

China (X units), the United Arab Emirates (X units) and Nigeria (X units) were the main destinations of blow-moulding machine exports from India, together accounting for X% of total exports. Mexico, Tanzania, Oman, Ghana, Uganda, the United States, Nepal, Japan, South Africa and Gambia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Mexico ($X) and Nigeria ($X) were the largest markets for blow-moulding machine exported from India worldwide, together accounting for X% of total exports. The United States, Japan, Tanzania, the United Arab Emirates, Ghana, South Africa, Nepal, Uganda, Oman and Gambia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average blow-moulding machine export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Gambia ($X 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 Nigeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Blow-Moulding Machine Imports

Imports into India

Blow-moulding machine imports into India soared to X units in 2022, with an increase of X% on the previous year. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, blow-moulding machine imports surged to $X in 2022. Over the period under review, imports continue to indicate perceptible growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of blow-moulding machine to India, with a X% share of total imports. Moreover, blow-moulding machine imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Germany (X% per year).

In value terms, the largest blow-moulding machine suppliers to India were China ($X), Germany ($X) and Taiwan (Chinese) ($X), together accounting for X% of total imports.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average blow-moulding machine import price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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