Hand Saws Price in India - 2023
Contents:
- Hand Saws Price in India (CIF) - 2023
- Hand Saws Price in India (FOB) - 2022
- Hand Saws Imports in India
- Hand Saws Exports in India
Hand Saws Price in India (CIF) - 2023
In July 2023, the average hand saws import price amounted to $6,221 per ton, with an increase of 3.4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 59% against the previous month. As a result, import price reached the peak level of $7,907 per ton. From April 2023 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($22,508 per ton), while the price for China ($4,897 per ton) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+19.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Hand Saws Price in India (FOB) - 2022
The average hand saws export price stood at $11,216 per ton in 2022, with an increase of 11% against the previous year. Overall, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 37% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($25,200 per ton), while the average price for exports to Argentina ($1,941 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 the UK (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Hand Saws Imports in India
After three years of growth, purchases abroad of hand sawses decreased by -12.6% to 41K tons in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports reached the peak of 47K tons, and then dropped in the following year.
In value terms, hand saws imports amounted to $230M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 60%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Hand Saws in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 99.5 | 92.7 | 145 | 158 | 16.7% |
| United Arab Emirates | 0.7 | 0.5 | 0.6 | 12.1 | 158.6% |
| Italy | 10.2 | 8.7 | 12.3 | 11.4 | 3.8% |
| Germany | 10.1 | 9.3 | 13.0 | 9.6 | -1.7% |
| Others | 20.0 | 13.9 | 29.8 | 39.0 | 24.9% |
| Total | 140 | 125 | 201 | 230 | 18.0% |
Top Suppliers of Hand Saws to India in 2022:
- China (29.2K tons)
- United Arab Emirates (6.3K tons)
- Italy (2.9K tons)
- Germany (0.6K tons)
Hand Saws Exports in India
In 2022, the amount of hand sawses exported from India reached 2.7K tons, rising by 11% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year.
In value terms, hand saws exports surged to $30M in 2022. In general, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 141% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Hand Saws in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.1 | 1.3 | 2.5 | 11.3 | 75.2% |
| Oman | 0.1 | 0.1 | 0.5 | 6.7 | 306.2% |
| South Korea | 0.2 | N/A | 0.4 | 1.0 | 71.0% |
| United States | 0.9 | 1.0 | 2.2 | 0.8 | -3.9% |
| Nepal | 1.9 | 1.1 | 3.2 | 0.8 | -25.0% |
| United Kingdom | 0.7 | 0.3 | 0.9 | 0.8 | 4.6% |
| Bhutan | 0.9 | 0.3 | 0.9 | 0.6 | -12.6% |
| Kenya | 0.5 | 0.9 | 0.8 | 0.6 | 6.3% |
| Tanzania | 0.2 | 0.2 | 0.7 | 0.5 | 35.7% |
| Argentina | N/A | N/A | N/A | 0.5 | 0% |
| Uganda | 0.3 | 0.3 | 0.7 | 0.4 | 10.1% |
| Nigeria | 1.1 | 0.5 | 1.1 | 0.4 | -28.6% |
| Malaysia | 2.6 | N/A | 0.1 | 0.1 | -66.2% |
| Others | 10.2 | 4.1 | 10.2 | 5.3 | -19.6% |
| Total | 21.7 | 10.0 | 24.3 | 29.9 | 11.3% |
Top Export Markets for Hand Saws from India in 2022:
- United Arab Emirates (917.5 tons)
- Oman (267.7 tons)
- Argentina (244.1 tons)
- Nepal (135.0 tons)
- Nigeria (120.9 tons)
- Tanzania (97.7 tons)
- South Korea (72.0 tons)
- Uganda (70.3 tons)
- United States (63.2 tons)
- United Kingdom (53.4 tons)
- Bhutan (46.1 tons)
- Kenya (45.9 tons)
- Malaysia (22.1 tons)
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