India: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2025

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in India

The Indian market for fully or partly automatic electric machines for arc welding of metals dropped remarkably to $X in 2022, with a decrease of -18% 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). Over the period under review, consumption, however, continues to indicate a prominent increase. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports from India

In 2022, approx. X units of fully or partly automatic electric machines for arc welding of metals were exported from India; with an increase of 10% on the previous year's figure. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 151% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals dropped to $X in 2022. In general, exports recorded buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 77% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), the United Arab Emirates (X units) and Saudi Arabia (X units) were the main destinations of exports of fully or partly automatic electric machines for arc welding of metals from India, together accounting for 61% of total exports. Nepal, Tanzania, China, Iraq, Indonesia, Spain, Qatar, Libya and Oman lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +379.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fully or partly automatic arc welding machine exported from India were the United States ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), with a combined 54% share of total exports. Nepal, Tanzania, China, Iraq, Indonesia, Spain, Qatar, Libya and Oman lagged somewhat behind, together comprising a further 27%.

Spain, with a CAGR of +290.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, falling by -18.8% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 67%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average 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 Oman ($X per unit), while the average price for exports to the United Arab Emirates ($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 Oman (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports into India

In 2022, imports of fully or partly automatic electric machines for arc welding of metals into India plummeted to X units, shrinking by -15.2% compared with the previous year. Overall, imports, however, enjoyed noticeable growth. The growth pace was the most rapid in 2021 when imports increased by 100% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals dropped to $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2018 when imports increased by 112% against the previous year. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Japan (X units), China (X units) and Germany (X units) were the main suppliers of imports of fully or partly automatic electric machines for arc welding of metals to India, together accounting for 70% of total imports. South Korea, Austria, Malaysia, Finland, the United States, Belgium, France, Denmark and Italy lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +71.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fully or partly automatic arc welding machine suppliers to India were Japan ($X), China ($X) and Germany ($X), with a combined 70% share of total imports. South Korea, Austria, Malaysia, Finland, the United States, Belgium, France, Denmark and Italy lagged somewhat behind, together accounting for a further 29%.

In terms of the main suppliers, South Korea, with a CAGR of +75.1%, recorded 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

In 2022, the average import price for fully or partly automatic electric machines for arc welding of metals amounted to $X per unit, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 France ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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