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India - Angles, Shapes And Sections Of Stainless Steel Or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Dec 20, 2022
Stainless Steel Angle Price in India Soars to $4,177 per Ton
India Stainless Steel Angle Export Price in July 2022
In July 2022, the stainless steel angle price amounted to $4,177 per ton (FOB, India), with an increase of 15% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of 19% m-o-m. As a result, the export price attained the peak level of $4,343 per ton. From June 2022 to July 2022, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2022, the country with the highest price was the United States ($4,928 per ton), while the average price for exports to the Philippines ($2,895 per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
India Stainless Steel Angle Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In July 2022, the product with the highest price was steel, stainless ($4,209 per ton), while the average price for exports of steel, alloy; angles, shapes and sections amounted to $1,120 per ton.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for the following types: steel, alloy; angles, shapes and sections (+6.2%).
India Stainless Steel Angle Exports
In July 2022, shipments abroad of angles, shapes and sections of stainless steel or other alloy steel decreased by -0.5% to 3.3K tons, falling for the fourth consecutive month after three months of growth. Overall, exports showed a abrupt setback. The pace of growth was the most pronounced in March 2022 with an increase of 52% month-to-month. As a result, the exports attained the peak of 7.1K tons. From April 2022 to July 2022, the growth of the exports failed to regain momentum.
In value terms, stainless steel angle exports expanded markedly to $14M (IndexBox estimates) in July 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in March 2022 with an increase of 45% month-to-month. As a result, the exports attained the peak of $24M. From April 2022 to July 2022, the growth of the exports remained at a lower figure.
India Stainless Steel Angle Exports by Type
Steel, stainless (3.2K tons) was the largest type of stainless steel angle exported from India, with a 99% share of total exports. It was followed by steel, alloy; angles, shapes and sections (34 tons), with a 1% share of total exports.
From January 2022 to July 2022, the average monthly growth rate of the volume of export of steel, stainless totaled -5.8%.
In value terms, steel, stainless ($14M) remains the largest type of stainless steel angle exported from India, comprising 100% of total exports. The second position in the ranking was taken by steel, alloy; angles, shapes and sections ($38K), with a 0.3% share of total exports.
From January 2022 to July 2022, the average monthly growth rate of the export volume of steel, stainless stood at -5.2%.
India Stainless Steel Angle Exports by Country
the United States (837 tons) was the main destination for stainless steel angle exports from India, accounting for a 26% share of total exports. Moreover, stainless steel angle exports to the United States exceeded the volume sent to the second major destination, Italy (297 tons), threefold. South Korea (212 tons) ranked third in terms of total exports with a 6.5% share.
From January 2022 to July 2022, the average monthly growth rate of volume to the United States totaled -3.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Italy (-13.5% per month) and South Korea (-13.1% per month).
In value terms, the United States ($4.1M) remains the key foreign market for stainless steel angle exports from India, comprising 30% of total exports. The second position in the ranking was taken by Italy ($1.2M), with an 8.8% share of total exports. It was followed by South Korea, with a 6.3% share.
From January 2022 to July 2022, the average monthly rate of growth in terms of value to the United States totaled -1.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Italy (-13.7% per month) and South Korea (-12.1% per month).
This report provides an in-depth analysis of the stainless steel angle 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 24107200 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of stainless steel
• Prodcom 24107300 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of other alloy steel
• Prodcom 24312050 - Sections, of alloy steel other than stainless, cold-finished or cold-formed (e.g. by cold-drawing)
• Prodcom 24331200 - Cold-formed sections, obtained from flat products, of stainless steel
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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
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
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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