India: Keyboards Market 2024

Keyboards Market Size in India

The Indian keyboards market totaled $X in 2022, with an increase of 8.9% against the previous year. Over the period under review, consumption posted strong growth. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Keyboards Production in India

In value terms, keyboards production expanded slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 -1.9% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 9.3% against the previous year. Keyboards production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Keyboards Exports

Exports from India

In 2022, approx. X units of keyboards were exported from India; with a decrease of -5.2% against the year before. Overall, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.4% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 62%. The exports peaked at X units in 2021, and then contracted in the following year.

In value terms, keyboards exports rose significantly to $X in 2022. In general, exports, however, showed a perceptible expansion. The growth pace was the most rapid in 2013 when exports increased by 99%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units), France (X units) and China (X units) were the main destinations of keyboards exports from India, together accounting for 43% of total exports. Tanzania, Brazil, Nepal, Nigeria, the United Arab Emirates, Bhutan, the Netherlands, Uganda, Switzerland and South Africa lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for Uganda (with a CAGR of +86.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for keyboards exports from India, comprising 17% of total exports. The second position in the ranking was taken by France ($X), with a 7.7% share of total exports. It was followed by China, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+70.7% per year) and China (+22.6% per year).

Export Prices by Country

The average keyboards export price stood at $X per unit in 2022, rising by 19% against the previous year. In general, the export price, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 38%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Nepal ($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 China (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Keyboards Imports

Imports into India

In 2022, the amount of keyboards imported into India expanded rapidly to X units, growing by 13% compared with the previous year's figure. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2014 when imports increased by 59% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, keyboards imports rose to $X in 2022. Overall, imports saw pronounced growth. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Singapore (X units) constituted the largest supplier of keyboards to India, accounting for a 51% share of total imports. Moreover, keyboards imports from Singapore exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), threefold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore amounted to +25.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+29.4% per year) and Taiwan (Chinese) (+17.5% per year).

In value terms, China ($X) constituted the largest supplier of keyboards to India, comprising 51% of total imports. The second position in the ranking was held by Singapore ($X), with a 14% share of total imports. It was followed by Hong Kong SAR, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+15.5% per year) and Hong Kong SAR (+31.1% per year).

Import Prices by Country

The average keyboards import price stood at $X per unit in 2022, dropping by -9.7% against the previous year. In general, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 34% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Finland ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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