Price for Lustres; Liquid Lustres and Similar Preparations in India - 2023
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in India (CIF) - 2022
- Price for Lustres; Liquid Lustres and Similar Preparations in India (FOB) - 2022
- Imports of Lustres; Liquid Lustres and Similar Preparations in India
- Exports of Lustres; Liquid Lustres and Similar Preparations in India
Price for Lustres; Liquid Lustres and Similar Preparations in India (CIF) - 2022
The average import price for lustres; liquid lustres and similar preparationses stood at $14,740 per ton in 2022, declining by -20.7% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 lustres; liquid lustres and similar preparationses decreased by -32.9% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 62%. Over the period under review, average import prices reached the maximum at $21,979 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($26,626 per ton), while the price for China ($9,372 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lustres; Liquid Lustres and Similar Preparations in India (FOB) - 2022
In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $45,339 per ton, which is down by -34.1% against the previous year. In general, the export price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2014 when the average export price increased by 85%. Over the period under review, the average export prices attained the peak figure at $68,834 per ton in 2021, and then fell sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($153,529 per ton), while the average price for exports to Spain ($7,783 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 Bangladesh (+42.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Lustres; Liquid Lustres and Similar Preparations in India
Imports of lustres; liquid lustres and similar preparationses into India declined sharply to 1.3K tons in 2022, with a decrease of -47.8% compared with the year before. Over the period under review, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of 2.5K tons, and then shrank significantly in the following year.
In value terms, imports of lustres; liquid lustres and similar preparationses reduced dramatically to $19M in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports reached the peak of $46M, and then reduced remarkably in the following year.
| Import of Lustres; Liquid Lustres and Similar Preparations in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 14.3 | 13.9 | 22.1 | 11.0 | -8.4% |
| Germany | 0.3 | 0.3 | 0.8 | 2.9 | 113.0% |
| China | 3.0 | 2.9 | 0.8 | 0.1 | -67.8% |
| Others | 18.8 | 17.7 | 22.2 | 5.0 | -35.7% |
| Total | 36.3 | 34.8 | 45.9 | 19.0 | -19.4% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to India in 2022:
- Spain (1141.6 tons)
- Germany (110.5 tons)
- China (7.0 tons)
Exports of Lustres; Liquid Lustres and Similar Preparations in India
After two years of decline, overseas shipments of lustres; liquid lustres and similar preparationses increased by 50% to 36 tons in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of lustres; liquid lustres and similar preparationses shrank to $1.6M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 +66.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 37% against the previous year.
| Export of Lustres; Liquid Lustres and Similar Preparations in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 766 | 778 | 1,063 | 798 | 1.4% |
| Vietnam | 45.0 | 441 | 457 | 485 | 120.9% |
| Nepal | N/A | N/A | N/A | 147 | 0% |
| Sri Lanka | 10.1 | 32.0 | 62.3 | 101 | 115.4% |
| Spain | 52.2 | 11.8 | 9.7 | 37.7 | -10.3% |
| Others | 115 | 90.6 | 78.1 | 77.3 | -12.4% |
| Total | 988 | 1,353 | 1,670 | 1,646 | 18.5% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from India in 2022:
- Nepal (14.0 tons)
- Bangladesh (8.0 tons)
- Vietnam (8.0 tons)
- Spain (4.8 tons)
- Sri Lanka (0.7 tons)
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