India - Threshing Machinery Except Combine Harvester-Threshers - Market Analysis, Forecast, Size, Trends and Insights
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India - Threshing Machinery Except Combine Harvester-Threshers - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: May 16, 2024

Export of Threshing Machinery From India Surges to $5.4M in 2023

India Threshing Machinery Exports

In 2023, threshing machinery exports from India rose significantly to 971 units, picking up by 7.8% against 2022. Over the period under review, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2016 when exports increased by 83% against the previous year. The exports peaked at 1.4K units in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, threshing machinery exports stood at $5.4M (IndexBox estimates) in 2023. Overall, exports recorded resilient growth. The pace of growth was the most pronounced in 2016 with an increase of 47% against the previous year. Over the period under review, the exports hit record highs at $7.9M in 2021; however, from 2022 to 2023, the exports remained at a lower figure.India Threshing Machinery Exports By Country (Thousand USD)

COUNTRYExport Value of Threshing Machinery in India (thousand USD)
20132014201520162017201820192020202120222023
Nepal1,5042,2731,6422,5183,0123,0194,3004,1136,9432,2383,592
Sudan109150N/A79.875.0171167447184713590
Ghana14.747.017274.883.440.0204137223443367
MaliN/A31.335.511945.041.787.927.798.8403334
Tanzania18281.879.859.733.137.736.030.564.8252208
Namibia20.812.9N/A12.230.5104N/A65.867.698.981.8
Others293386286397349379371631298618270
Total2,1232,9822,2153,2613,6283,7935,1665,4527,8804,7665,443

Exports by Country

Nepal (637 units) was the main destination for threshing machinery exports from India, accounting for a 66% share of total exports. Moreover, threshing machinery exports to Nepal exceeded the volume sent to the second major destination, Sudan (106 units), sixfold. Ghana (66 units) ranked third in terms of total exports with a 6.8% share.

From 2013 to 2023, the average annual rate of growth in terms of volume to Nepal amounted to +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+18.8% per year) and Ghana (+36.2% per year).

In value terms, Nepal ($3.6M) remains the key foreign market for threshing machinery except combine harvester-threshers exports from India, comprising 66% of total exports. The second position in the ranking was taken by Sudan ($590K), with an 11% share of total exports. It was followed by Ghana, with a 6.7% share.

From 2013 to 2023, the average annual rate of growth in terms of value to Nepal stood at +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+18.4% per year) and Ghana (+38.0% per year).

Export Prices by Country

In 2023, the threshing machinery price stood at $5,612 per unit (FOB, India), rising by 5.6% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 10%. The export price peaked at $5,677 per unit in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Nepal ($5,639 per unit) and Tanzania ($5,630 per unit), while the average price for exports to Namibia ($5,456 per unit) and Ghana ($5,558 per unit) were amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the threshing machinery 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 28305930 - Agricultural threshing machinery (excluding combine harvester-threshers)

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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