India: Appliance Part Brush Market 2024

Appliance Part Brush Market Size in India

The Indian appliance part brush market soared to $X in 2022, picking up by 20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a prominent expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Appliance Part Brush Exports

Exports from India

In 2022, appliance part brush exports from India skyrocketed to X units, growing by 44% on the previous year's figure. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 51% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, appliance part brush exports soared to $X in 2022. In general, exports showed strong growth. The pace of growth was the most pronounced in 2017 with an increase of 49%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X units), the United Arab Emirates (X units) and Russia (X units) were the main destinations of appliance part brush exports from India, together accounting for 39% of total exports. Saudi Arabia, Indonesia, Nepal, Germany, Thailand, Sri Lanka, Turkey, Bangladesh and Italy lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of +90.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Russia ($X) and Saudi Arabia ($X) appeared to be the largest markets for appliance part brush exported from India worldwide, with a combined 37% share of total exports. Indonesia, Nepal, the United Arab Emirates, Germany, Thailand, Sri Lanka, Turkey, Bangladesh and Italy lagged somewhat behind, together comprising a further 42%.

Among the main countries of destination, Sri Lanka, with a CAGR of +92.6%, 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

The average appliance part brush export price stood at $X per unit in 2022, declining by -12.3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 9.3%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the United Arab Emirates ($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 Pakistan (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Appliance Part Brush Imports

Imports into India

Appliance part brush imports into India skyrocketed to X units in 2022, growing by 18% against 2021 figures. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, appliance part brush imports skyrocketed to $X in 2022. Overall, imports showed prominent growth. The growth pace was the most rapid in 2021 when imports increased by 36%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of appliance part brush imports to India, together accounting for 61% of total imports. Japan, the United States, the Netherlands, South Korea and Switzerland lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +47.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest appliance part brush suppliers to India were Germany ($X), China ($X) and Italy ($X), together accounting for 61% of total imports. Japan, the United States, the Netherlands, South Korea and Switzerland lagged somewhat behind, together comprising a further 25%.

In terms of the main suppliers, the Netherlands, with a CAGR of +48.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average appliance part brush import price stood at $X per unit in 2022, growing by 5.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 12%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per unit) and China ($X per unit), while the price for Italy ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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