India: Hand Sieve Market 2024

Hand Sieve Market Size in India

The Indian hand sieve market skyrocketed to $X in 2022, with an increase of 194% against the previous year. Over the period under review, consumption, however, continues to indicate a deep contraction. Hand sieve consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Hand Sieve Production in India

In value terms, hand sieve production soared to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt slump. Hand sieve production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Hand Sieve Exports

Exports from India

In 2022, hand sieve exports from India surged to X units, picking up by 38% on the year before. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2018 with an increase of 155%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, hand sieve exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 175%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for hand sieve exports from India, with a 29% share of total exports. Moreover, hand sieve exports to the United States exceeded the volume sent to the second major destination, Canada (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +94.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+60.3% per year) and the Netherlands (+172.9% per year).

In value terms, the United States ($X) remains the key foreign market for hand sieves and hand riddles exports from India, comprising 30% of total exports. The second position in the ranking was taken by Canada ($X), with a 12% share of total exports. It was followed by the Netherlands, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +76.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+45.5% per year) and the Netherlands (+136.7% per year).

Export Prices by Country

In 2022, the average hand sieve export price amounted to $X per unit, declining by -9.6% against the previous year. Overall, the export price showed a noticeable slump. The pace of growth appeared the most rapid in 2017 an increase of 72% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Oman ($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 the United Arab Emirates (+7.0%), while the prices for the other major destinations experienced a decline.

Hand Sieve Imports

Imports into India

In 2022, hand sieve imports into India skyrocketed to X units, picking up by 84% compared with 2021 figures. Overall, imports posted a measured expansion. The growth pace was the most rapid in 2017 when imports increased by 367% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, hand sieve imports skyrocketed to $X in 2022. In general, imports showed a moderate increase. The pace of growth appeared the most rapid in 2017 when imports increased by 298%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of hand sieve to India, accounting for a 57% share of total imports. Moreover, hand sieve imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Malaysia (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+34.4% per year) and Malaysia (+56.0% per year).

In value terms, the United States ($X) constituted the largest supplier of hand sieves and hand riddles to India, comprising 56% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by Malaysia, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+34.7% per year) and Malaysia (+98.1% per year).

Import Prices by Country

In 2022, the average hand sieve import price amounted to $X per unit, rising by 21% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 33% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :