Report Update Feb 1, 2025

India - Vacuum Vessels - Market Analysis, Forecast, Size, Trends and Insights

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India: Vacuum Vessel Market 2025

Vacuum Vessel Market Size in India

The Indian vacuum vessel market skyrocketed to $X in 2022, rising by 22% against the previous year. Overall, consumption showed a buoyant expansion. Vacuum vessel consumption peaked in 2022 and is expected to retain growth in the near future.

Vacuum Vessel Production in India

In value terms, vacuum vessel production rose markedly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 85%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Vacuum Vessel Exports

Exports from India

In 2022, approx. X units of vacuum vessels were exported from India; with a decrease of -12.4% against 2021. In general, exports, however, showed a tangible expansion. The growth pace was the most rapid in 2013 when exports increased by 174%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, vacuum vessel exports rose notably to $X in 2022. Over the period under review, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 145% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for vacuum vessel exports from India, with a 24% share of total exports. Moreover, vacuum vessel exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X units), twofold. Belgium (X units) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+1.3% per year) and Belgium (+26.7% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for vacuum vessels exports from India, comprising 21% of total exports. The second position in the ranking was held by the United States ($X), with a 7% share of total exports. It was followed by Saudi Arabia, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+44.3% per year) and Saudi Arabia (+0.2% per year).

Export Prices by Country

The average vacuum vessel export price stood at $X per unit in 2022, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($X per unit), while the average price for exports to Bangladesh ($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 Argentina (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Vessel Imports

Imports into India

Vacuum vessel imports into India surged to X units in 2022, jumping by 33% against the year before. In general, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vacuum vessel imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 59%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) was the main supplier of vacuum vessel to India, accounting for a approx. 98% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +15.6%.

In value terms, China ($X) constituted the largest supplier of vacuum vessels to India.

From 2012 to 2022, the average annual growth rate of value from China stood at +18.9%.

Import Prices by Country

In 2022, the average vacuum vessel import price amounted to $X per unit, which is down by -4.8% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vacuum vessel import price decreased by -9.0% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 30%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vacuum vessels in the world?

The United States constituted the country with the largest volume of vacuum vessel consumption, comprising approx. 29% of total volume. Moreover, vacuum vessel consumption in the United States exceeded the figures recorded by the second-largest consumer, India, fivefold. Brazil ranked third in terms of total consumption with a 4% share.

What are the largest producers of vacuum vessels in the world?

The country with the largest volume of vacuum vessel production was China, accounting for 82% of total volume. Moreover, vacuum vessel production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Brazil, with a 3.2% share.

What are the leading suppliers of vacuum vessels to India?

In value terms, China constituted the largest supplier of vacuum vessel to India.

What are the leading importers of vacuum vessels from India?

In value terms, the largest markets for vacuum vessel exported from India were China, the Netherlands and Kuwait, with a combined 39% share of total exports. The United States, Saudi Arabia, Nepal, France, Bhutan, Senegal, Qatar, Canada, Germany and Sweden lagged somewhat behind, together accounting for a further 36%.

What is the average export price for vacuum vessels in India?

In 2021, the average vacuum vessel export price amounted to $4.6 per unit, growing by 21% against the previous year.

What is the average import price for vacuum vessels in India?

In 2021, the average vacuum vessel import price amounted to $5.8 per unit, shrinking by -3.8% against the previous year.

This report provides an in-depth analysis of the vacuum vessel market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32995960 - Vacuum flasks and other vacuum vessels, complete with cases, and parts thereof (excluding separate glass inners)

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024