India: Television Receiver Market 2025

Television Receiver Market Size in India

The Indian television receiver market shrank significantly to $X in 2022, reducing by -31.8% against the previous year. Overall, consumption continues to indicate a drastic downturn. Television receiver consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Television Receiver Production in India

In value terms, television receiver production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable contraction. The growth pace was the most rapid in 2014 with an increase of 51% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Television Receiver Exports

Exports from India

In 2022, overseas shipments of television receivers decreased by -1.8% to X units, falling for the second year in a row after two years of growth. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2019 when exports increased by 240%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, television receiver exports dropped slightly to $X in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 195% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Singapore (X units) and Canada (X units) were the main destinations of television receiver exports from India, with a combined 63% share of total exports. Bangladesh, Nepal, Bhutan, France and Sri Lanka lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bhutan (with a CAGR of +145.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Canada ($X) and Singapore ($X) appeared to be the largest markets for television receiver exported from India worldwide, with a combined 76% share of total exports.

Among the main countries of destination, Canada, with a CAGR of +125.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average television receiver export price stood at $X per unit in 2022, flattening at the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Bangladesh ($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 Singapore (+2.4%), while the prices for the other major destinations experienced a decline.

Television Receiver Imports

Imports into India

In 2022, supplies from abroad of television receivers decreased by -56.5% to X units, falling for the sixth consecutive year after two years of growth. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 49% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, television receiver imports declined notably to $X in 2022. Overall, imports recorded a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of 23%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Vietnam (X units), China (X units) and Thailand (X units) were the main suppliers of television receiver imports to India, together comprising 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +7.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Vietnam ($X) constituted the largest supplier of television receivers to India, comprising 38% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports. It was followed by Thailand, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Vietnam amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-23.1% per year) and Thailand (-10.8% per year).

Import Prices by Country

In 2022, the average television receiver import price amounted to $X per unit, surging by 34% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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