India - Iron Or Steel Expanded Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpanded Metal Price in India - 2023
Contents:
- Expanded Metal Price in India (CIF) - 2022
- Expanded Metal Price in India (FOB) - 2022
- Expanded Metal Imports in India
- Expanded Metal Exports in India
Expanded Metal Price in India (CIF) - 2022
In 2022, the average expanded metal import price amounted to $3,520 per ton, picking up by 15% against the previous year. Overall, the import price, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 76%. Over the period under review, average import prices attained the maximum at $6,436 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($10,685 per ton), while the price for China ($3,066 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.7%), while the prices for the other major suppliers experienced a decline.
Expanded Metal Price in India (FOB) - 2022
The average expanded metal export price stood at $2,445 per ton in 2022, jumping by 28% against the previous year. In general, the export price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 99% against the previous year. The export price peaked at $2,761 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($20,388 per ton), while the average price for exports to Portugal ($1,160 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Expanded Metal Imports in India
In 2022, after three years of growth, there was significant decline in supplies from abroad of iron or steel expanded metal, when their volume decreased by -17.9% to 191 tons. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 48% against the previous year.
In value terms, expanded metal imports declined to $672K in 2022. Over the period under review, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 58%. As a result, imports reached the peak of $711K, and then contracted in the following year.
Import of Expanded Metal in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 188 | 184 | 391 | 398 | 28.4% |
Taiwan (Chinese) | 124 | 69.6 | 146 | 160 | 8.9% |
Italy | 34.7 | 57.4 | 29.1 | 56.5 | 17.6% |
Canada | N/A | N/A | 28.4 | 33.1 | 16.5% |
United Arab Emirates | 106 | 130 | 69.3 | N/A | -19.1% |
Others | 161 | 10.4 | 47.0 | 23.7 | -47.2% |
Total | 614 | 451 | 711 | 672 | 3.1% |
Top Suppliers of Expanded Metal to India in 2022:
- China (129.8 tons)
- Taiwan (Chinese) (46.8 tons)
- Canada (7.0 tons)
- Italy (5.3 tons)
Expanded Metal Exports in India
In 2022, the amount of iron or steel expanded metal exported from India fell notably to 130 tons, waning by -37.4% compared with the year before. In general, exports, however, recorded a pronounced increase. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year. As a result, the exports reached the peak of 208 tons, and then contracted dramatically in the following year.
In value terms, expanded metal exports contracted sharply to $319K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 69%. As a result, the exports attained the peak of $397K, and then declined remarkably in the following year.
Export of Expanded Metal in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nepal | 38.5 | 70.7 | 149 | 86.2 | 30.8% |
United States | N/A | N/A | N/A | 55.9 | 0% |
Qatar | 0.8 | N/A | 0.3 | 44.5 | 281.7% |
Nigeria | N/A | N/A | 37.2 | 37.3 | 0.3% |
United Arab Emirates | 65.8 | 57.7 | 24.1 | 32.1 | -21.3% |
Portugal | N/A | N/A | N/A | 23.2 | 0% |
Bhutan | N/A | 1.2 | 3.7 | 8.2 | 161.4% |
Saudi Arabia | 4.3 | N/A | 127 | 6.5 | 14.8% |
Kenya | 105 | 81.9 | N/A | 6.2 | -61.1% |
Others | 32.6 | 23.0 | 55.7 | 18.6 | -17.1% |
Total | 247 | 234 | 397 | 319 | 8.9% |
Top Export Markets for Expanded Metal from India in 2022:
- Nepal (51.1 tons)
- Portugal (20.0 tons)
- Nigeria (13.9 tons)
- Qatar (13.5 tons)
- United States (12.0 tons)
- United Arab Emirates (8.3 tons)
- Bhutan (3.9 tons)
- Saudi Arabia (1.8 tons)
- Kenya (0.3 tons)
This report provides an in-depth analysis of the expanded metal 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 25931350 - Iron or steel expanded metal
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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