India: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in India

In 2022, the Indian hand-operated air pump market decreased by -28.9% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +30.1% against 2019 indices. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.

Hand-Operated Air Pump Production in India

In value terms, hand-operated air pump production fell to $X in 2022 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 30%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Hand-Operated Air Pump Exports

Exports from India

In 2022, approx. X units of hand or foot-operated air pumps were exported from India; with a decrease of -28.2% on the previous year's figure. In general, exports continue to indicate a slight reduction. The pace of growth was the most pronounced in 2019 with an increase of 166% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, hand-operated air pump exports contracted sharply to $X in 2022. Over the period under review, exports, however, continue to indicate mild growth. The pace of growth appeared the most rapid in 2019 with an increase of 129%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Nepal (X units) was the main destination for hand-operated air pump exports from India, with a 23% share of total exports. Moreover, hand-operated air pump exports to Nepal exceeded the volume sent to the second major destination, Sri Lanka (X units), twofold. The third position in this ranking was taken by Canada (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Nepal totaled +41.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+18.7% per year) and Canada (+10.4% per year).

In value terms, Nepal ($X) remains the key foreign market for hand or foot-operated air pumps exports from India, comprising 23% of total exports. The second position in the ranking was held by Singapore ($X), with a 9.8% share of total exports. It was followed by the United Arab Emirates, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nepal amounted to +30.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+5.5% per year) and the United Arab Emirates (+24.6% per year).

Export Prices by Country

The average hand-operated air pump export price stood at $X per unit in 2022, declining by -6.8% against the previous year. In general, the export price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 70%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Sri Lanka ($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 Chile (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Operated Air Pump Imports

Imports into India

After five years of growth, purchases abroad of hand or foot-operated air pumps decreased by -47% to X units in 2022. Over the period under review, imports, however, posted pronounced growth. The growth pace was the most rapid in 2021 when imports increased by 98%. As a result, imports attained the peak of X units, and then fell sharply in the following year.

In value terms, hand-operated air pump imports contracted rapidly to $X in 2022. Overall, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2017 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and the UK (X units) were the main suppliers of hand-operated air pump imports to India, together comprising 79% of total imports. Slovenia, Hong Kong SAR, France, Germany and Singapore lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +153.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of hand or foot-operated air pumps to India, comprising 59% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.5% share of total imports. It was followed by the UK, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.8% per year) and the UK (+19.8% per year).

Import Prices by Country

The average hand-operated air pump import price stood at $X per unit in 2022, growing by 39% against the previous year. Over the period under review, the import price, however, saw a mild decline. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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