Report Update: Apr 1, 2024

India - Concrete-Mixer Lorries - Market Analysis, Forecast, Size, Trends And Insights

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Concrete-Mixer Lorry Price in India - 2023

Concrete-Mixer Lorry Price in India (FOB) - 2023

The average concrete-mixer lorry export price stood at $54,774 per unit in June 2023, surging by 70% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Nepal ($92,092 per unit), while the average price for exports to Bhutan ($40,006 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete-Mixer Lorry Price in India (CIF) - 2022

The average concrete-mixer lorry import price stood at $114,735 per unit in 2022, with an increase of 70% against the previous year. Overall, the import price recorded buoyant growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 128% against the previous year. As a result, import price attained the peak level of $168,574 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($420,665 per unit), while the price for Bangladesh ($13,100 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+154.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Concrete-Mixer Lorry Exports in India

In 2022, shipments abroad of concrete-mixer lorries decreased by -12.6% to 326 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 74% against the previous year. As a result, the exports reached the peak of 373 units, and then dropped in the following year.

In value terms, concrete-mixer lorry exports fell to $14M in 2022. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 65% against the previous year. As a result, the exports attained the peak of $16M, and then contracted in the following year.

Export of Concrete-Mixer Lorry in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	N/A	6.0	7.4	7.8	14.0%
Nepal	3.5	1.5	4.1	3.3	-1.9%
Congo	N/A	N/A	0.3	1.1	266.7%
Tanzania	N/A	0.2	0.3	0.7	87.1%
Maldives	0.2	N/A	0.2	0.6	44.2%
Bhutan	N/A	0.6	1.5	0.3	-29.3%
Mauritius	N/A	0.1	N/A	0.2	41.4%
Sri Lanka	0.6	N/A	0.5	N/A	-8.7%
Kenya	1.0	0.2	0.2	N/A	-55.3%
Bangladesh	0.5	0.3	N/A	N/A	-40.0%
Others	0.7	0.7	1.2	0.6	-5.0%
Total	6.5	9.5	15.6	14.5	30.7%

Top Export Markets for Concrete-Mixer Lorry from India in 2022:

Thailand (160.0 units)
Nepal (92.0 units)
Congo (20.0 units)
Maldives (18.0 units)
Tanzania (12.0 units)
Bhutan (7.0 units)
Mauritius (5.0 units)

Concrete-Mixer Lorry Imports in India

For the fourth consecutive year, India recorded growth in purchases abroad of concrete-mixer lorries, which increased by 47% to 25 units in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 467% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, concrete-mixer lorry imports skyrocketed to $2.9M in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 645% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Concrete-Mixer Lorry in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	N/A	N/A	857	2,524	194.5%
Nepal	N/A	N/A	236	190	-19.5%
Bangladesh	N/A	N/A	5.1	78.6	1441.2%
China	18.6	N/A	25.6	26.6	12.7%
Mauritius	N/A	154	N/A	N/A	0%
Bhutan	N/A	N/A	24.6	N/A	0%
Qatar	90.0	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	49.3	0%
Total	109	154	1,148	2,868	197.4%

Top Suppliers of Concrete-Mixer Lorry to India in 2022:

Nepal (6.0 units)
Bangladesh (6.0 units)
Finland (6.0 units)
China (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the concrete-mixer lorry 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 29105950 - Concrete-mixer lorries

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