Price for Carbides, Whether or Not Chemically Defined in India - 2023
Contents:
- Price for Carbides, Whether or Not Chemically Defined in India (CIF) - 2022
- Price for Carbides, Whether or Not Chemically Defined in India (FOB) - 2022
- Imports of Carbides, Whether or Not Chemically Defined in India
- Exports of Carbides, Whether or Not Chemically Defined in India
Price for Carbides, Whether or Not Chemically Defined in India (CIF) - 2022
In 2022, the average import price for carbides, whether or not chemically defineds amounted to $1,674 per ton, picking up by 35% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbides, whether or not chemically defineds increased by +64.9% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($2,231 per ton), while the price for Indonesia ($982 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbides, Whether or Not Chemically Defined in India (FOB) - 2022
In 2022, the average export price for carbides, whether or not chemically defineds amounted to $2,425 per ton, growing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. As a result, the export price attained 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 the United States ($10,305 per ton), while the average price for exports to Angola ($1,478 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 Angola (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carbides, Whether or Not Chemically Defined in India
In 2022, approx. 68K tons of carbides, whether or not chemically defineds were imported into India; waning by -13.9% on 2021. Overall, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of 78K tons, and then reduced in the following year.
In value terms, imports of carbides, whether or not chemically defineds soared to $113M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +75.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Carbides, Whether or Not Chemically Defined in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.3 | 31.7 | 52.1 | 53.9 | 6.0% |
| Vietnam | 7.4 | 9.5 | 12.9 | 22.8 | 45.5% |
| Russia | 7.3 | 10.3 | 11.5 | 8.7 | 6.0% |
| Bhutan | 10.1 | 5.5 | 4.1 | 6.4 | -14.1% |
| Hong Kong SAR | 0.8 | 0.1 | 3.7 | 5.9 | 94.6% |
| Indonesia | 0.4 | 1.2 | 4.1 | 3.3 | 102.1% |
| Others | 7.7 | 6.1 | 8.6 | 12.1 | 16.3% |
| Total | 79.1 | 64.4 | 97.1 | 113 | 12.6% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to India in 2022:
- China (34.6K tons)
- Vietnam (14.7K tons)
- Russia (6.7K tons)
- Bhutan (4.0K tons)
- Indonesia (3.4K tons)
- Hong Kong SAR (2.7K tons)
Exports of Carbides, Whether or Not Chemically Defined in India
In 2022, overseas shipments of carbides, whether or not chemically defineds were finally on the rise to reach 5K tons after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of carbides, whether or not chemically defineds soared to $12M in 2022. The total export value increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carbides, Whether or Not Chemically Defined in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,181 | 3,343 | 2,722 | 2,230 | 0.7% |
| Germany | 754 | 448 | 568 | 1,703 | 31.2% |
| United States | 1,240 | 1,317 | 1,095 | 1,525 | 7.1% |
| Bangladesh | 150 | 152 | 694 | 1,070 | 92.5% |
| United Kingdom | 312 | 192 | 773 | 1,018 | 48.3% |
| Spain | 191 | 257 | 222 | 830 | 63.2% |
| Singapore | 934 | 582 | 864 | 671 | -10.4% |
| Sweden | 473 | 408 | 112 | 446 | -1.9% |
| Switzerland | N/A | N/A | 98.9 | 405 | 309.5% |
| Japan | 399 | 241 | 394 | 403 | 0.3% |
| France | 52.4 | 119 | 180 | 224 | 62.3% |
| Portugal | N/A | N/A | 0.7 | 199 | 28328.6% |
| Angola | 25.1 | 18.8 | 0.1 | 129 | 72.6% |
| Others | 2,677 | 1,982 | 1,768 | 1,318 | -21.0% |
| Total | 9,389 | 9,060 | 9,492 | 12,170 | 9.0% |
Top Export Markets for Carbides, Whether or Not Chemically Defined from India in 2022:
- Poland (1004.0 tons)
- Germany (719.5 tons)
- Bangladesh (665.6 tons)
- Spain (432.1 tons)
- United Kingdom (383.8 tons)
- Singapore (220.0 tons)
- Sweden (206.4 tons)
- Switzerland (192.0 tons)
- United States (148.0 tons)
- Japan (130.0 tons)
- France (99.9 tons)
- Portugal (96.0 tons)
- Angola (87.0 tons)
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