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India - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
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India: Pig Iron Market Overview 2021

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Pig Iron Market Size in India

The Indian pig iron market rose significantly to $X in 2020, with an increase of X% against the previous year. Over the period under review, consumption saw buoyant growth. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2020 and is expected to retain growth in the near future.

Pig Iron Production in India

In value terms, pig iron production expanded sharply to $X in 2020 estimated in export prices. In general, production saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Pig iron production peaked in 2020 and is expected to retain growth in years to come.

Pig Iron Exports

Exports from India

After two years of decline, shipments abroad of pig iron and spiegeleisen increased by X% to X tonnes in 2020. Over the period under review, exports, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. From 2012 to 2020, the growth exports remained at a lower figure.

In value terms, pig iron exports soared to $X in 2020. Overall, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2012 to 2020, the growth exports remained at a lower figure.

Exports by Country

China (X tonnes) was the main destination for pig iron exports from India, accounting for a X% share of total exports. Moreover, pig iron exports to China exceeded the volume sent to the second major destination, Nepal (X tonnes), more than tenfold. The third position in this ranking was occupied by Saudi Arabia (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+X% per year) and Saudi Arabia (+X% per year).

In value terms, China ($X) remains the key foreign market for pig iron exports from India, comprising X% of total exports. The second position in the ranking was occupied by Nepal ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+X% per year) and Saudi Arabia (+X% per year).

Export Prices by Country

The average pig iron export price stood at $X per tonne in 2020, waning by -X% against the previous year. In general, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2020, the highest prices were recorded for prices to Saudi Arabia ($X per tonne) and Nepal ($X per tonne), while the average price for exports to China ($X per tonne) and Thailand ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced a decline.

Pig Iron Imports

Imports into India

In 2020, approx. X tonnes of pig iron and spiegeleisen were imported into India; with a decrease of -X% compared with the previous year. In general, imports saw a abrupt descent. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, pig iron imports dropped sharply to $X in 2020. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

Imports by Country

South Africa (X tonnes), Taiwan (Chinese) (X tonnes) and Brazil (X tonnes) were the main suppliers of pig iron imports to India, with a combined X% share of total imports. These countries were followed by Russia, Belgium, the UK, South Korea and Malaysia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium, while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Taiwan (Chinese) ($X) and Brazil ($X) appeared to be the largest pig iron suppliers to India, with a combined X% share of total imports. These countries were followed by Russia, Belgium, Malaysia, South Korea and the UK, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pig iron import price stood at $X per tonne in 2020, reducing by -X% against the previous year. Over the period under review, the import price showed a mild reduction. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Malaysia ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig iron and spiegeleisen in the world?
+
China (837M tonnes) remains the largest pig iron consuming country worldwide, comprising approx. 73% of total volume. Moreover, pig iron consumption in China exceeded the figures recorded by the second-largest consumer, India (81M tonnes), tenfold. South Korea (57M tonnes) ranked third in terms of total consumption with a 5% share.
What are the largest producers of pig iron and spiegeleisen in the world?
+
China (832M tonnes) constituted the country with the largest volume of pig iron production, comprising approx. 73% of total volume. Moreover, pig iron production in China exceeded the figures recorded by the second-largest producer, India (82M tonnes), tenfold. The third position in this ranking was occupied by South Korea (57M tonnes), with a 5% share.
What are the leading suppliers of pig iron and spiegeleisen to India?
+
In value terms, South Africa ($1.2M), Taiwan (Chinese) ($1.1M) and Brazil ($651K) were the largest pig iron suppliers to India, with a combined 64% share of total imports. These countries were followed by Russia, Belgium, Malaysia, South Korea and the UK, which together accounted for a further 29%.
What are the leading importers of pig iron and spiegeleisen from India?
+
In value terms, China ($118M) remains the key foreign market for pig iron exports from India, comprising 87% of total exports. The second position in the ranking was occupied by Nepal ($5.7M), with a 4.2% share of total exports. It was followed by Saudi Arabia, with a 2.8% share.
What is the average export price for pig iron and spiegeleisen in India?
+
The average pig iron export price stood at $315 per tonne in 2020, reducing by -7.4% against the previous year.
What is the average import price for pig iron and spiegeleisen in India?
+
The average pig iron import price stood at $444 per tonne in 2020, shrinking by -12.3% against the previous year.

Product coverage:
• Prodcom 24101100 - Pig iron and spiegeleisen in pigs, blocks or other primary forms

This report provides an in-depth analysis of the pig iron 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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