Price for Drawing, Marking-Out or Mathematical Calculating Instruments in India - 2023
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in India (FOB) - 2022
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in India (CIF) - 2023
- Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in India
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in India
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in India (FOB) - 2022
In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $0.4 per unit, with a decrease of -15.2% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 46%. Over the period under review, the average export prices reached the maximum at $0.5 per unit in 2016; however, from 2017 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 ($0.8 per unit), while the average price for exports to Libya ($0.2 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 UK (+4.9%), while the prices for the other major destinations experienced a decline.
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in India (CIF) - 2023
In November 2023, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $232 per thousand units, reducing by -72.5% against the previous month. Overall, the import price, however, posted tangible growth. The most prominent rate of growth was recorded in February 2023 an increase of 521% month-to-month. As a result, import price reached the peak level of $0.9 per unit. From March 2023 to November 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +5.5% per month.
Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in India
In 2022, the amount of drawing, marking-out or mathematical calculating instrumentses exported from India skyrocketed to 26M units, jumping by 65% on 2021 figures. In general, exports continue to indicate a pronounced expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $9.4M in 2022. Over the period under review, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +4.7% 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 +63.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Drawing, Marking-Out or Mathematical Calculating Instruments in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,422 | 1,009 | 1,203 | 1,061 | -9.3% |
| United Arab Emirates | 749 | 394 | 309 | 917 | 7.0% |
| United Kingdom | 755 | 572 | 949 | 886 | 5.5% |
| Nepal | 693 | 359 | 581 | 859 | 7.4% |
| Kenya | 121 | 87.9 | 222 | 714 | 80.7% |
| South Africa | 238 | 341 | 112 | 526 | 30.3% |
| Bangladesh | 254 | 76.8 | 121 | 469 | 22.7% |
| Jordan | 28.4 | 8.0 | 26.0 | 213 | 95.7% |
| Tanzania | 63.0 | 94.4 | 88.1 | 209 | 49.1% |
| Sri Lanka | 444 | 217 | 168 | 207 | -22.5% |
| Togo | 6.5 | 93.8 | 61.4 | 148 | 183.4% |
| Libya | 81.9 | 14.4 | 21.1 | 85.4 | 1.4% |
| Canada | 172 | 89.3 | 157 | 80.7 | -22.3% |
| Others | 3,162 | 2,408 | 2,689 | 3,029 | -1.4% |
| Total | 8,188 | 5,763 | 6,708 | 9,402 | 4.7% |
Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from India in 2022:
- United Kingdom (3.8M units)
- Nepal (3.4M units)
- South Africa (2.9M units)
- United Arab Emirates (2.1M units)
- Kenya (1.7M units)
- United States (1.4M units)
- Bangladesh (1.0M units)
- Togo (0.9M units)
- Sri Lanka (0.9M units)
- Jordan (0.7M units)
- Canada (0.5M units)
- Libya (0.5M units)
- Tanzania (0.4M units)
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in India
Imports of drawing, marking-out or mathematical calculating instrumentses into India plummeted to 2.2M units in 2022, shrinking by -56.7% on the previous year's figure. Overall, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. Imports peaked at 7.3M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses contracted remarkably to $1.1M in 2022. Over the period under review, imports faced a sharp contraction. Over the period under review, imports of reached the maximum at $2.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Drawing, Marking-Out or Mathematical Calculating Instruments in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,529 | 744 | 246 | 590 | -27.2% |
| Japan | 246 | 88.5 | 200 | 220 | -3.7% |
| Germany | 201 | 683 | 813 | 81.1 | -26.1% |
| United States | 40.6 | 54.8 | 33.9 | 53.4 | 9.6% |
| Belgium | N/A | 1.1 | 4.0 | 44.7 | 537.5% |
| Poland | N/A | N/A | N/A | 33.1 | 0% |
| France | 301 | 102 | 24.8 | 14.9 | -63.3% |
| Turkey | 19.8 | 0.1 | 1.2 | 6.9 | -29.6% |
| Thailand | 0.1 | 1.1 | N/A | 3.2 | 217.5% |
| Taiwan (Chinese) | 29.5 | 2.8 | 0.9 | 1.2 | -65.6% |
| United Arab Emirates | 3.8 | 7.3 | 22.3 | N/A | 142.2% |
| Others | 139 | 64.0 | 34.9 | 72.1 | -19.7% |
| Total | 2,511 | 1,748 | 1,381 | 1,120 | -23.6% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to India in 2022:
- China (1015.2K units)
- Germany (561.3K units)
- Belgium (153.9K units)
- Japan (80.2K units)
- Turkey (67.2K units)
- Poland (66.3K units)
- Thailand (54.1K units)
- United States (48.1K units)
- Taiwan (Chinese) (33.1K units)
- France (21.0K units)
- United Arab Emirates (0.1K units)
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