Report India - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 3, 2023

India - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)

India: Market for Precious Metal Ores And Concentrates 2023

Market Size for Precious Metal Ores And Concentrates in India

In 2021, after nine years of growth, there was decline in the Indian market for precious metal ores and concentrates, when its value decreased by -4.5% to $X. Overall, consumption, however, showed strong growth. Precious metal ore and concentrate consumption peaked at $X in 2020, and then dropped modestly in the following year.

Production of Precious Metal Ores And Concentrates in India

In value terms, precious metal ore and concentrate production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the production volume increased by 5%. Precious metal ore and concentrate production peaked at $X in 2020, and then shrank in the following year.

Exports of Precious Metal Ores And Concentrates

Exports from India

In 2021, the amount of precious metal ores and concentrates exported from India contracted dramatically to X tons, with a decrease of -33.2% on 2020. In general, exports, however, saw a modest expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 3,120% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced sharply in the following year.

In value terms, precious metal ore and concentrate exports declined significantly to $X in 2021. Overall, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 261% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for precious metal ore and concentrate exports from India, with a 96% share of total exports. It was followed by Singapore (X tons), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China was relatively modest.

In value terms, China ($X) remains the key foreign market for precious metal ore and concentrate exports from India, comprising 79% of total exports. The second position in the ranking was taken by Singapore ($X), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China amounted to -53.7%.

Export Prices by Country

In 2021, the average export price for precious metal ores and concentrates amounted to $X per ton, falling by -30.9% against the previous year. Over the period under review, the export price saw a precipitous descent. The growth pace was the most rapid in 2016 when the average export price increased by 156%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-54.1%).

Imports of Precious Metal Ores And Concentrates

Imports into India

In 2021, the amount of precious metal ores and concentrates imported into India soared to X tons, increasing by 311,815% compared with 2020. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, precious metal ore and concentrate imports soared to $X in 2021. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 43,158%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Malaysia (X tons), Colombia (X tons) and Tanzania (X tons) were the main suppliers of precious metal ore and concentrate imports to India, with a combined 100% share of total imports.

From 2012 to 2021, the biggest increases were in Tanzania (with a CAGR of +82.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) constituted the largest supplier of precious metal ore and concentrate to India, comprising 30% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 6.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Colombia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (+18.8% per year) and Malaysia (0.0% per year).

Import Prices by Country

In 2021, the average import price for precious metal ores and concentrates amounted to $X per kg, falling by -97.2% against the previous year. Overall, the import price recorded a precipitous decrease. The pace of growth was the most pronounced in 2020 an increase of 39,171%. The import price peaked at $X per kg in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Colombia ($X per kg), while the price for Malaysia ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (-34.8%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for precious metal ores and concentrates in the world?
+
The country with the largest volume of precious metal ore and concentrate consumption was China, comprising approx. 30% of total volume. Moreover, precious metal ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sevenfold. The third position in this ranking was taken by Kyrgyzstan, with a 4.3% share.
What are the largest producers of precious metal ores and concentrates in the world?
+
The countries with the highest volumes of production in 2021 were Kyrgyzstan, Peru and Australia, with a combined 20% share of global production. Russia, the United States, Brazil, India, Indonesia, Pakistan, Mexico, Bangladesh, Ecuador and Turkey lagged somewhat behind, together comprising a further 37%.
What are the leading suppliers of precious metal ores and concentrates to India?
+
In value terms, Colombia constituted the largest supplier of precious metal ore and concentrate to India, comprising 30% of total imports. The second position in the ranking was held by Tanzania, with a 6.7% share of total imports.
What are the leading importers of precious metal ores and concentrates from India?
+
In value terms, China remains the key foreign market for precious metal ore and concentrate exports from India, comprising 79% of total exports. The second position in the ranking was taken by Singapore $634), with a 2.2% share of total exports.
What is the average export price for precious metal ores and concentrates in India?
+
In 2021, the average export price for precious metal ores and concentrates amounted to $231 per ton, shrinking by -30.9% against the previous year.
What is the average import price for precious metal ores and concentrates in India?
+
The average import price for precious metal ores and concentrates stood at $42 per kg in 2021, which is down by -97.2% against the previous year.

This report provides an in-depth analysis of the market for precious metal ore and concentrate 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 07291400 - Precious metal ores and concentrates
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET

Webinar: Global Metal Tank Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global metal tank market.



Thursday, April 15th, 2021 @ 04:00 pm ET