India: Calendering Cylinder Market 2024

Calendering Cylinder Market Size in India

In 2021, after three years of growth, there was significant decline in the Indian calendering cylinder market, when its value decreased by -12.7% to $X. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Calendering Cylinder Production in India

In value terms, calendering cylinder production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.

Calendering Cylinder Exports

Exports from India

In 2021, shipments abroad of cylinders for calendering increased by 136% to X units, rising for the second year in a row after two years of decline. Overall, exports saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, calendering cylinder exports surged to $X in 2021. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 356%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

The United States (X units) was the main destination for calendering cylinder exports from India, with a 65% share of total exports. Moreover, calendering cylinder exports to the United States exceeded the volume sent to the second major destination, China (X units), threefold. The UK (X units) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +61.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+3.9% per year) and the UK (+38.9% per year).

In value terms, the United States ($X) remains the key foreign market for cylinders for calendering exports from India, comprising 65% of total exports. The second position in the ranking was taken by China ($X), with a 14% share of total exports. It was followed by the UK, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +66.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+0.5% per year) and the UK (+44.0% per year).

Export Prices by Country

In 2021, the average calendering cylinder export price amounted to $X per unit, dropping by -20% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 104%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Calendering Cylinder Imports

Imports into India

In 2021, the amount of cylinders for calendering imported into India skyrocketed to X units, picking up by 54% against the previous year. Overall, imports, however, showed a slight decline. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, calendering cylinder imports skyrocketed to $X in 2021. In general, imports, however, recorded a abrupt shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), China (X units) and Japan (X units) were the main suppliers of calendering cylinder imports to India, with a combined 77% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +12.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Taiwan (Chinese) ($X) were the largest calendering cylinder suppliers to India, with a combined 60% share of total imports. These countries were followed by Japan, Italy, Singapore, South Korea, the Netherlands, the United Arab Emirates and the United States, which together accounted for a further 24%.

Japan, with a CAGR of +6.8%, recorded the highest rates of growth with regard to 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

In 2021, the average calendering cylinder import price amounted to $X per unit, reducing by -7.2% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 41% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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