India: Pile-Driver Market 2025

Pile-Driver Market Size in India

The Indian pile-driver market dropped rapidly to $X in 2021, waning by -34.9% against the previous year. In general, consumption recorded a mild descent. Over the period under review, the market attained the maximum level at $X in 2020, and then shrank notably in the following year.

Pile-Driver Production in India

In value terms, pile-driver production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 6.3% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted slightly in the following year.

Pile-Driver Exports

Exports from India

Pile-driver exports from India surged to X units in 2021, jumping by 1,235% on the previous year's figure. Overall, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pile-driver exports surged to $X in 2021. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2013 when exports increased by 1,138%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Nepal (X units) was the main destination for pile-driver exports from India, accounting for a 28% share of total exports. Moreover, pile-driver exports to Nepal exceeded the volume sent to the second major destination, Indonesia (X units), twofold. The third position in this ranking was held by Nigeria (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nepal amounted to +26.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (0.0% per year) and Nigeria (+19.6% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for pile-drivers and pile-extractors exports from India, comprising 10% of total exports. The second position in the ranking was held by Maldives ($X), with a 4.6% share of total exports. It was followed by Bangladesh, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia amounted to +243.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (-0.5% per year) and Bangladesh (+1.1% per year).

Export Prices by Country

In 2021, the average pile-driver export price amounted to $X per unit, reducing by -61.4% against the previous year. Overall, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 4,468%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Somalia ($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 UK (+99.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pile-Driver Imports

Imports into India

In 2021, imports of pile-drivers and pile-extractors into India soared to X units, rising by 127% compared with the year before. Overall, imports recorded a remarkable increase. The growth pace was the most rapid in 2016 when imports increased by 1,300% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, pile-driver imports skyrocketed to $X in 2021. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 950%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

Nigeria (X units), China (X units) and Malaysia (X units) were the main suppliers of pile-driver imports to India, together accounting for 52% of total imports. Turkey, Japan, Italy, the United Arab Emirates, the United States, France, Bangladesh and Finland lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +46.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pile-driver suppliers to India were Japan ($X), China ($X) and France ($X), together accounting for 48% of total imports. These countries were followed by Malaysia, Italy, the United Arab Emirates, Turkey, the United States, Bangladesh, Finland and Nigeria, which together accounted for a further 50%.

Turkey, with a CAGR of +59.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pile-driver import price stood at $X per unit in 2021, dropping by -16.6% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 163% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Finland ($X per unit), while the price for Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+72.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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