India: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2024

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in India

The Indian market for domestic, non-electric, cooking or heating appliances stood at $X in 2022, standing approx. at the previous year. Over the period under review, consumption saw buoyant growth. Consumption of peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in India

In value terms, production of domestic, non-electric, cooking or heating appliances stood at $X in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Production of peaked at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from India

After four years of growth, shipments abroad of domestic, non-electric, cooking or heating appliances decreased by X% to X units in 2022. In general, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2021, and then plummeted in the following year.

In value terms, exports of domestic, non-electric, cooking or heating appliances skyrocketed to $X in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Nepal (X units), Kenya (X units) and Sri Lanka (X units) were the main destinations of exports of domestic, non-electric, cooking or heating appliances from India, with a combined X% share of total exports. The United Arab Emirates, the United States, Zambia, Somalia, Bhutan, Saudi Arabia, Australia, the UK, Lebanon and Myanmar lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for domestic, non-electric, cooking or heating appliance exported from India were Kenya ($X), Nepal ($X) and the United States ($X), with a combined X% share of total exports. Sri Lanka, the United Arab Emirates, Zambia, Saudi Arabia, the UK, Bhutan, Australia, Myanmar, Somalia and Lebanon lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Zambia, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average export price for domestic, non-electric, cooking or heating appliances amounted to $X per unit, surging by X% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for domestic, non-electric, cooking or heating appliances increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Lebanon ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into India

In 2022, the amount of domestic, non-electric, cooking or heating appliances imported into India dropped rapidly to X units, reducing by X% compared with 2021. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of domestic, non-electric, cooking or heating appliances expanded notably to $X in 2022. Overall, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) was the main supplier of domestic, non-electric, cooking or heating appliance to India, with a X% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), ninefold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliances to India, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Germany (X% per year).

Import Prices by Country

The average import price for domestic, non-electric, cooking or heating appliances stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

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

Source: IndexBox Platform

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