Report Update: May 1, 2024

India - Draw-Benches For Bars, Tubes, Profiles, Wire Or The Like - Market Analysis, Forecast, Size, Trends And Insights

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Bar Draw-Bench Price in India - 2023

Bar Draw-Bench Price in India (CIF) - 2022

In 2022, the average bar draw-bench import price amounted to $3,968 per unit, surging by 26% against the previous year. In general, the import price, however, saw a deep setback. The growth pace was the most rapid in 2016 an increase of 50% against the previous year. As a result, import price attained the peak level of $26,013 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

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 Italy ($30,496 per unit), while the price for China stood at $2,324 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-7.5%).

Bar Draw-Bench Price in India (FOB) - 2022

In 2022, the average bar draw-bench export price amounted to $4,476 per unit, rising by 11% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 84%. The export price peaked at $5,386 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($20,400 per unit), while the average price for exports to Madagascar ($101 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 Kuwait (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Bar Draw-Bench Imports in India

In 2022, approx. 5.4K units of draw-benches for bars, tubes, profiles, wire or the like were imported into India; jumping by 39% on the previous year's figure. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 147% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, bar draw-bench imports soared to $22M in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports hit record highs at $26M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Bar Draw-Bench in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	12.3	5.9	10.4	12.0	-0.8%
Italy	5.1	0.2	0.3	4.5	-4.1%
Others	8.5	2.4	1.5	5.1	-15.7%
Total	25.9	8.5	12.2	21.5	-6.0%

Top Suppliers of Bar Draw-Bench to India in 2022:

China (5.1K units)
Italy (0.1K units)

Bar Draw-Bench Exports in India

Bar draw-bench exports from India rose rapidly to 3.1K units in 2022, increasing by 12% compared with the previous year's figure. Over the period under review, exports, however, showed a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 83%. The exports peaked at 3.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, bar draw-bench exports surged to $14M in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Bar Draw-Bench in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Nigeria	2,189	1,786	368	2,917	10.0%
United Arab Emirates	532	101	1,010	1,588	44.0%
Nepal	615	744	1,197	1,539	35.8%
Bangladesh	637	15.9	511	1,229	24.5%
Saudi Arabia	21.1	9.2	80.9	1,011	263.2%
South Africa	36.5	N/A	N/A	682	165.4%
Spain	N/A	N/A	0.3	510	169900.0%
Tanzania	0.3	7.3	999	188	755.7%
United States	40.5	N/A	660	172	61.9%
Madagascar	N/A	N/A	N/A	5.1	0%
Democratic Republic of the Congo	527	N/A	N/A	0.3	-91.7%
Egypt	586	9.6	0.8	0.1	-94.5%
Others	2,056	3,547	6,365	4,112	26.0%
Total	7,242	6,220	11,193	13,953	24.4%

Top Export Markets for Bar Draw-Bench from India in 2022:

Nepal (1061.0 units)
Spain (604.0 units)
United Arab Emirates (180.0 units)
Saudi Arabia (177.0 units)
South Africa (146.0 units)
Nigeria (143.0 units)
Bangladesh (131.0 units)
Tanzania (124.0 units)
United States (59.0 units)
Madagascar (51.0 units)
Egypt (1.0 units)
Democratic Republic of the Congo (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bar draw-bench 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 28413410 - Draw-benches for bars, tubes, profiles, wire or the like of metal, sintered metal carbides or cermets

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023