India - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

India - Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process - Market Analysis, Forecast, Size, Trends and Insights

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Price for Machinery for Material Treatment by Heating or Cooling Process in India - 2023

Contents:

  1. Price for Machinery for Material Treatment by Heating or Cooling Process in India (CIF) - 2022
  2. Price for Machinery for Material Treatment by Heating or Cooling Process in India (FOB) - 2022
  3. Imports of Machinery for Material Treatment by Heating or Cooling Process in India
  4. Exports of Machinery for Material Treatment by Heating or Cooling Process in India

Price for Machinery for Material Treatment by Heating or Cooling Process in India (CIF) - 2022

In 2022, the average import price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process amounted to $12,382 per unit, with a decrease of -2.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2018 when the average import price increased by 21% against the previous year. The import price peaked at $12,676 per unit in 2021, and then declined slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($12,396 per unit) and Italy ($12,391 per unit), while the price for Singapore ($12,383 per unit) and Switzerland ($12,386 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery for Material Treatment by Heating or Cooling Process in India (FOB) - 2022

In 2022, the average export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process amounted to $9,096 per unit, dropping by -31% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 29%. Over the period under review, the average export prices hit record highs at $13,192 per unit in 2021, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($11,603 per unit), while the average price for exports to Oman ($1,733 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 Mexico (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery for Material Treatment by Heating or Cooling Process in India

In 2022, the amount of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process imported into India reduced to 22K units, waning by -6.3% against the previous year. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Imports peaked at 26K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process declined to $270M in 2022. Over the period under review, imports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of $295M, and then declined in the following year.

Import of Machinery for Material Treatment by Heating or Cooling Process in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China63.845.955.272.14.2%
Germany62.236.360.554.0-4.6%
United Kingdom7.77.322.521.240.2%
United States24.732.821.020.1-6.6%
Switzerland28.710.79.517.4-15.4%
Italy11.015.79.115.311.6%
Singapore5.217.327.814.841.7%
Netherlands8.63.62.113.616.5%
Belgium6.97.75.96.7-1.0%
South Korea9.76.322.65.9-15.3%
Japan16.014.68.15.8-28.7%
Others43.937.650.823.4-18.9%
Total288236295270-2.1%

Top Suppliers of Machinery for Material Treatment by Heating or Cooling Process to India in 2022:

  1. China (5.8K units)
  2. Germany (4.4K units)
  3. United Kingdom (1.7K units)
  4. United States (1.6K units)
  5. Switzerland (1.4K units)
  6. Italy (1.2K units)
  7. Singapore (1.2K units)
  8. Netherlands (1.1K units)
  9. Japan (0.5K units)
  10. Belgium (0.5K units)
  11. South Korea (0.5K units)

Exports of Machinery for Material Treatment by Heating or Cooling Process in India

Exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process from India skyrocketed to 25K units in 2022, surging by 50% on 2021. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process expanded to $228M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Machinery for Material Treatment by Heating or Cooling Process in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.414.912.117.132.2%
Mexico0.90.10.813.6147.2%
Saudi Arabia11.34.85.513.45.8%
Canada7.70.60.212.818.5%
Bangladesh7.99.614.912.616.8%
Nigeria36.232.922.311.8-31.2%
United Arab Emirates4.54.87.311.135.1%
Italy0.91.21.210.3125.4%
Spain4.23.02.99.129.4%
Thailand2.82.149.28.343.7%
Indonesia4.42.33.57.117.3%
Turkey3.01.60.96.026.0%
Oman1.30.90.94.450.1%
Others88.511099.090.30.7%
Total1811892212288.0%

Top Export Markets for Machinery for Material Treatment by Heating or Cooling Process from India in 2022:

  1. United Arab Emirates (4.2K units)
  2. Oman (2.5K units)
  3. United States (1.5K units)
  4. Saudi Arabia (1.2K units)
  5. Mexico (1.2K units)
  6. Canada (1.1K units)
  7. Bangladesh (1.1K units)
  8. Nigeria (1.0K units)
  9. Italy (0.9K units)
  10. Spain (0.8K units)
  11. Thailand (0.7K units)
  12. Indonesia (0.6K units)
  13. Turkey (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machinery for material treatment by heating or cooling process 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 28296030 - Cooling towers and similar plant for direct cooling by means of recirculated water
  • Prodcom 28296050 - Vacuum-vapour plant for the deposition of metal
  • Prodcom 28296090 - Machinery, plant or laboratory equipment, whether or not electrically heated, for the treatment of materials by a process involving a change of temperature, n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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