India: Market for Laptops and Palm-Top Computers 2024

Market Size for Laptops and Palm-Top Computers in India

In 2021, the Indian laptop and tablet computer market increased by 61% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, consumption showed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Laptops and Palm-Top Computers in India

In value terms, laptop and tablet computer production expanded remarkably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a significant decrease. Laptop and tablet computer production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Laptops and Palm-Top Computers

Exports from India

In 2021, the amount of laptops and palm-top computers exported from India surged to X units, picking up by 24% compared with 2020 figures. Overall, exports posted a tangible expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 180% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, laptop and tablet computer exports skyrocketed to $X in 2021. Over the period under review, exports showed a tangible expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 177%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units), China (X units) and the Netherlands (X units) were the main destinations of laptop and tablet computer exports from India, with a combined 48% share of total exports. Singapore, Bhutan, the United States, Israel, Germany, Italy, Nepal, Kazakhstan, Bangladesh and Thailand lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of +133.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Netherlands ($X) and Singapore ($X) appeared to be the largest markets for laptop and tablet computer exported from India worldwide, with a combined 44% share of total exports. Bhutan, the United Arab Emirates, the United States, Israel, Germany, Italy, Nepal, Kazakhstan, Bangladesh and Thailand lagged somewhat behind, together accounting for a further 39%.

Kazakhstan, with a CAGR of +1,280.5%, recorded the highest growth rate of 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

In 2021, the average laptop and tablet computer export price amounted to $X per unit, with an increase of 18% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the average export price increased by 121% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while the average price for exports to the United Arab Emirates ($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 the United Arab Emirates (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Laptops and Palm-Top Computers

Imports into India

For the third consecutive year, India recorded growth in supplies from abroad of laptops and palm-top computers, which increased by 52% to X units in 2021. Over the period under review, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, laptop and tablet computer imports surged to $X in 2021. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest laptop and tablet computer supplier to India, with a 72% share of total imports. Moreover, laptop and tablet computer imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), sixfold. Singapore (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+50.9% per year) and Singapore (+21.5% per year).

In value terms, China ($X) constituted the largest supplier of laptops and palm-top computers to India, comprising 73% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 13% share of total imports. It was followed by Singapore, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+57.6% per year) and Singapore (+26.9% per year).

Import Prices by Country

The average laptop and tablet computer import price stood at $X per unit in 2021, with an increase of 7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2018 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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