India: Vehicle Windscreen Wiper Market 2024

Vehicle Windscreen Wiper Market Size in India

In 2021, the Indian vehicle windscreen wiper market increased by 1% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption saw a perceptible decline. Vehicle windscreen wiper consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Vehicle Windscreen Wiper Production in India

In value terms, vehicle windscreen wiper production amounted to $X in 2021 estimated in export price. Over the period under review, production showed a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of 24% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Vehicle Windscreen Wiper Exports

Exports from India

In 2021, after two years of decline, there was significant growth in shipments abroad of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles, when their volume increased by 54% to X units. Overall, exports, however, recorded a mild shrinkage. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, vehicle windscreen wiper exports surged to $X in 2021. Over the period under review, exports, however, saw a perceptible descent. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), South Africa (X units) and Brazil (X units) were the main destinations of vehicle windscreen wiper exports from India, together accounting for 62% of total exports. Nepal, Bangladesh, Vietnam, Sri Lanka, Japan, Malaysia and France lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +74.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vehicle windscreen wiper exported from India were the United States ($X), Vietnam ($X) and Brazil ($X), together accounting for 35% of total exports.

Vietnam, with a CAGR of +89.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vehicle windscreen wiper export price stood at $X per unit in 2021, increasing by 15% against the previous year. Over the period under review, the export price, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2017 an increase of 18%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Sri Lanka ($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 Malaysia (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vehicle Windscreen Wiper Imports

Imports into India

In 2021, after two years of decline, there was significant growth in purchases abroad of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles, when their volume increased by 35% to X units. In general, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 429%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, vehicle windscreen wiper imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a mild descent. The pace of growth was the most pronounced in 2018 when imports increased by 169% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest vehicle windscreen wiper supplier to India, accounting for a 76% share of total imports. Moreover, vehicle windscreen wiper imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+43.0% per year) and Germany (+33.0% per year).

In value terms, China ($X) constituted the largest supplier of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles to India, comprising 36% of total imports. The second position in the ranking was held by Thailand ($X), with a 7.7% share of total imports. It was followed by Taiwan (Chinese), with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+23.7% per year) and Taiwan (Chinese) (+54.3% per year).

Import Prices by Country

In 2021, the average vehicle windscreen wiper import price amounted to $X per unit, rising by 23% against the previous year. In general, the import price, however, saw a deep setback. The growth pace was the most rapid in 2017 an increase of 49% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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