India - Iron Or Steel Crown Corks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Crown Cork Price in India - 2023
Contents:
- Metal Crown Cork Price in India (FOB) - 2022
- Metal Crown Cork Price in India (CIF) - 2022
- Metal Crown Cork Exports in India
- Metal Crown Cork Imports in India
Metal Crown Cork Price in India (FOB) - 2022
The average metal crown cork export price stood at $6.2 per thousand units in 2022, surging by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($57 per thousand units), while the average price for exports to Zambia ($5.5 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Crown Cork Price in India (CIF) - 2022
The average metal crown cork import price stood at $33 per thousand units in 2022, rising by 597% against the previous year. In general, the import price enjoyed noticeable growth. Over the period under review, average import prices attained the maximum at $37 per thousand units in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($126 per thousand units), while the price for China ($10 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.7%), while the prices for the other major suppliers experienced a decline.
Metal Crown Cork Exports in India
In 2022, approx. 1.4B units of iron or steel crown corks were exported from India; increasing by 32% against the year before. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, the exports hit record highs at 1.4B units in 2019; afterwards, it flattened through to 2022.
In value terms, metal crown cork exports surged to $8.8M in 2022. In general, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Metal Crown Cork in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ethiopia | 969 | N/A | N/A | 2,625 | 39.4% |
Mozambique | 999 | 549 | 1,481 | 1,412 | 12.2% |
Nepal | 1,703 | 781 | 1,103 | 1,348 | -7.5% |
Sri Lanka | 469 | 401 | 509 | 999 | 28.7% |
Papua New Guinea | N/A | 144 | 257 | 511 | 88.4% |
Djibouti | 265 | 170 | 522 | 468 | 20.9% |
Zambia | 359 | 138 | 464 | 354 | -0.5% |
United Arab Emirates | 80.2 | 89.2 | 97.8 | 61.9 | -8.3% |
Democratic Republic of the Congo | 466 | 174 | N/A | 25.2 | -62.2% |
Others | 1,249 | 1,341 | 1,123 | 957 | -8.5% |
Total | 6,559 | 3,787 | 5,557 | 8,762 | 10.1% |
Top Export Markets for Metal Crown Cork from India in 2022:
- Ethiopia (424.8M units)
- Mozambique (223.0M units)
- Nepal (216.7M units)
- Sri Lanka (160.3M units)
- Papua New Guinea (87.9M units)
- Djibouti (73.8M units)
- Zambia (64.4M units)
- United Arab Emirates (30.6M units)
- Democratic Republic of the Congo (0.4M units)
Metal Crown Cork Imports in India
In 2022, after three years of growth, there was significant decline in purchases abroad of iron or steel crown corks, when their volume decreased by -92.3% to 2M units. Over the period under review, imports faced a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 223% against the previous year. As a result, imports attained the peak of 26M units, and then reduced markedly in the following year.
In value terms, metal crown cork imports dropped significantly to $64K in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -2% was in 2020. Imports peaked at $134K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Metal Crown Cork in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 5.2 | 3.7 | 6.6 | 31.8 | 82.9% |
United States | 7.7 | 5.8 | 11.0 | 16.5 | 28.9% |
Australia | N/A | N/A | N/A | 7.3 | 0% |
China | 4.1 | 32.6 | 6.5 | 3.8 | -2.5% |
Belgium | N/A | N/A | N/A | 3.6 | 0% |
Hong Kong SAR | 18.4 | 24.9 | 0.4 | 1.1 | -60.9% |
Italy | 55.5 | 27.6 | 9.6 | 0.2 | -84.7% |
Vietnam | N/A | N/A | 84.6 | N/A | 0% |
Finland | 39.7 | 32.3 | N/A | N/A | -18.6% |
Others | 3.2 | 4.3 | 1.3 | N/A | -36.3% |
Total | 134 | 131 | 120 | 64.2 | -21.8% |
Top Suppliers of Metal Crown Cork to India in 2022:
- France (839.7K units)
- United States (501.0K units)
- China (379.5K units)
- Hong Kong SAR (87.6K units)
- Belgium (84.8K units)
- Australia (57.8K units)
- Italy (7.0K units)
This report provides an in-depth analysis of the metal crown cork 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 25921330 - Iron or steel crown corks
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
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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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