India: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2024

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in India

The Indian digital data processing machine market was finally on the rise to reach $X in 2021, after three years of decline. In general, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in India

In value terms, digital data processing machine production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 11%. Digital data processing machine production peaked at $X in 2020, and then reduced in the following year.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from India

In 2021, approx. X units of digital data processing machines: presented in the form of systems were exported from India; jumping by 47% against the year before. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 144% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, digital data processing machine exports surged to $X in 2021. Over the period under review, exports showed a buoyant increase. The growth pace was the most rapid in 2019 when exports increased by 142% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bhutan (X units), the United Arab Emirates (X units) and Singapore (X units) were the main destinations of digital data processing machine exports from India, together comprising 50% of total exports. Bangladesh, Turkey, the United States, Mexico, Mauritius, Saudi Arabia, Belgium, Poland and Maldives lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +335.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Bhutan ($X) and the United Arab Emirates ($X) were the largest markets for digital data processing machine exported from India worldwide, with a combined 41% share of total exports. Singapore, the United States, Bangladesh, Turkey, Saudi Arabia, Mexico, Mauritius, Maldives and Poland lagged somewhat behind, together comprising a further 27%.

In terms of the main countries of destination, Mexico, with a CAGR of +323.6%, saw the highest growth rate of 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 2021, the average digital data processing machine export price amounted to $X per unit, waning by -19.1% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 21%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Poland ($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 Bhutan (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into India

In 2021, after three years of decline, there was significant growth in purchases abroad of digital data processing machines: presented in the form of systems, when their volume increased by 36% to X units. In general, imports posted a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 58% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, digital data processing machine imports skyrocketed to $X in 2021. Overall, imports saw a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 84%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest digital data processing machine supplier to India, with a 90% share of total imports. It was followed by Singapore (X units), with a 2.7% share of total imports. The third position in this ranking was held by Hong Kong SAR (X units), with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-12.7% per year) and Hong Kong SAR (+44.7% per year).

In value terms, China ($X) constituted the largest supplier of digital data processing machines: presented in the form of systems to India, comprising 66% of total imports. The second position in the ranking was held by the United States ($X), with a 10% share of total imports. It was followed by Singapore, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+5.4% per year) and Singapore (-9.2% per year).

Import Prices by Country

In 2021, the average digital data processing machine import price amounted to $X per unit, picking up by 7.8% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The growth pace was the most rapid in 2019 an increase of 33% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Hong Kong SAR ($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 (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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