India: Secateurs Market 2024

Secateurs Market Size in India

The Indian secateurs market rose remarkably to $X in 2021, growing by 6.2% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Secateurs Production in India

In value terms, secateurs production reached $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 21% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Secateurs Exports

Exports from India

In 2021, approx. X tons of secateurs and similar one-handed pruners and shears were exported from India; shrinking by -31.9% compared with 2020 figures. In general, exports saw a slight slump. The pace of growth was the most pronounced in 2015 with an increase of 970% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, secateurs exports soared to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 561%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Nepal (X tons) was the main destination for secateurs exports from India, with a 53% share of total exports. Moreover, secateurs exports to Nepal exceeded the volume sent to the second major destination, Afghanistan (X tons), twofold. The third position in this ranking was taken by Bhutan (X tons), with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nepal amounted to +63.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (+79.3% per year) and Bhutan (+125.4% per year).

In value terms, Nepal ($X) remains the key foreign market for secateurs and similar one-handed pruners and shears exports from India, comprising 51% of total exports. The second position in the ranking was held by Afghanistan ($X), with an 18% share of total exports. It was followed by Bhutan, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Nepal amounted to +75.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (+55.0% per year) and Bhutan (+151.6% per year).

Export Prices by Country

The average secateurs export price stood at $X per ton in 2021, with an increase of 100% against the previous year. In general, the export price posted a tangible expansion. The growth pace was the most rapid in 2016 when the average export price increased by 155%. The export price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Secateurs Imports

Imports into India

In 2021, the amount of secateurs and similar one-handed pruners and shears imported into India skyrocketed to X tons, growing by 80% compared with 2020. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 298%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, secateurs imports skyrocketed to $X in 2021. Overall, imports saw strong growth. The growth pace was the most rapid in 2017 with an increase of 120%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest secateurs supplier to India, accounting for a 81% share of total imports. Moreover, secateurs imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), eightfold. Germany (X tons) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +45.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+14.0% per year) and Germany (+12.9% per year).

In value terms, China ($X) constituted the largest supplier of secateurs and similar one-handed pruners and shears to India, comprising 46% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 20% share of total imports. It was followed by Germany, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +31.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+19.7% per year) and Germany (+26.1% per year).

Import Prices by Country

In 2021, the average secateurs import price amounted to $X per ton, reducing by -8.7% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 38%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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