India: Reticle Manufacturing Machine Market 2024

Reticle Manufacturing Machine Market Size in India

The Indian reticle manufacturing machine market skyrocketed to $X in 2021, growing by 209% against the previous year. Overall, consumption showed a significant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Reticle Manufacturing Machine Production in India

In value terms, reticle manufacturing machine production contracted modestly to $X in 2021 estimated in export price. In general, the total production indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +4.5% against 2018 indices. The pace of growth appeared the most rapid in 2015 with an increase of 27%. Reticle manufacturing machine production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Reticle Manufacturing Machine Exports

Exports from India

In 2021, approx. X units of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits were exported from India; growing by 125% against the year before. In general, exports, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 570% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, reticle manufacturing machine exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 163% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Malaysia (X units), Singapore (X units) and Nepal (X units) were the main destinations of reticle manufacturing machine exports from India, with a combined 54% share of total exports. Germany, the Philippines, Tanzania and the UK lagged somewhat behind, together accounting for a further 18%. Moreover, reticle manufacturing machine exports in Malaysia exceeded the figures recorded by the second-largest exporter, Singapore, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +31.8%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the key foreign market for machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits exports from India, comprising 3% of total exports. The second position in the ranking was held by Malaysia ($X), with a 0.7% share of total exports. It was followed by Germany, with a 0.5% share.

From 2012 to 2021, the average annual growth rate of value to Singapore amounted to +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-30.5% per year) and Germany (-22.3% per year).

Export Prices by Country

In 2021, the average reticle manufacturing machine export price amounted to $X per unit, reducing by -30.9% against the previous year. Overall, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 185%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per unit), while the average price for exports to Nepal ($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 Switzerland (+50.0%), while the prices for the other major destinations experienced a decline.

Reticle Manufacturing Machine Imports

Imports into India

In 2021, reticle manufacturing machine imports into India surged to X units, rising by 430% against the year before. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 616%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, reticle manufacturing machine imports skyrocketed to $X in 2021. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Korea (X units) constituted the largest supplier of reticle manufacturing machine to India, accounting for a 33% share of total imports. Moreover, reticle manufacturing machine imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Thailand (X units) ranked third in terms of total imports with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea stood at +211.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+198.3% per year) and Thailand (+17.3% per year).

In value terms, China ($X) constituted the largest supplier of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits to India, comprising 86% of total imports. The second position in the ranking was taken by the United States ($X), with a 1.5% share of total imports. It was followed by South Korea, with a 0.6% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +91.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+17.5% per year) and South Korea (+8.5% per year).

Import Prices by Country

The average reticle manufacturing machine import price stood at $X per unit in 2021, surging by 30% against the previous year. Over the period under review, the import price, however, faced a abrupt decrease. The growth pace was the most rapid in 2020 an increase of 424% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (-36.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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