Vessels; Warships Price in India - 2021

Vessels; Warships Price in India (CIF) - 2022

The average vessels; warships import price stood at $131,407 per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price posted mild growth. The pace of growth was the most pronounced in 2017 an increase of 154% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +4.6% per year.

Vessels; Warships Imports in India

In 2022, supplies from abroad of vessels; warshipses decreased by 0% to 3.1 tons, falling for the second year in a row after two years of growth. In general, imports showed a sharp decrease. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year. As a result, imports reached the peak of 7.2 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vessels; warships imports totaled $403K in 2022. Over the period under review, imports saw a abrupt decline. The smallest decline of -25.2% was in 2020.