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India - Aluminium Alloy Wire - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Alloy Wire Price in India - 2023
Contents:
- Aluminium Alloy Wire Price in India (FOB) - 2023
- Aluminium Alloy Wire Price in India (CIF) - 2023
- Aluminium Alloy Wire Exports in India
- Aluminium Alloy Wire Imports in India
Aluminium Alloy Wire Price in India (FOB) - 2023
In July 2023, the average aluminium alloy wire export price amounted to $3,054 per ton, standing approximately at the previous month. In general, the export price, however, saw a mild curtailment. The most prominent rate of growth was recorded in January 2023 an increase of 11% against the previous month. The export price peaked at $3,642 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Russia ($5,239 per ton), while the average price for exports to Colombia ($2,614 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Aluminium Alloy Wire Price in India (CIF) - 2023
The average aluminium alloy wire import price stood at $4,536 per ton in July 2023, dropping by -22.6% against the previous month. In general, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 24% month-to-month. Over the period under review, average import prices attained the peak figure at $6,686 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($5,053 per ton), while the price for China ($3,940 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Aluminium Alloy Wire Exports in India
In 2022, the amount of aluminium alloy wire exported from India rose notably to 8.4K tons, growing by 14% against the previous year's figure. The total export volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat 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, aluminium alloy wire exports surged to $28M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +63.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of Aluminium Alloy Wire in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 4.8 | 6.6 | 6.6 | 10.6 | 30.2% |
Brazil | 3.7 | 5.2 | 4.4 | 3.6 | -0.9% |
Thailand | 2.6 | 1.1 | 2.2 | 2.8 | 2.5% |
Nepal | N/A | 0.1 | 0.4 | 2.7 | 419.6% |
Vietnam | 0.1 | 0.1 | 2.5 | 1.4 | 141.0% |
Indonesia | 0.1 | 0.1 | 0.6 | 0.9 | 108.0% |
Colombia | 2.0 | 1.3 | 1.0 | 0.9 | -23.4% |
France | 0.3 | 0.3 | 0.6 | 0.8 | 38.7% |
Taiwan (Chinese) | 0.2 | 0.2 | 0.3 | 0.7 | 51.8% |
South Africa | 0.2 | 0.1 | 0.6 | 0.7 | 51.8% |
Germany | 0.6 | 0.2 | 0.7 | 0.7 | 5.3% |
Sri Lanka | 1.1 | 0.5 | 1.3 | 0.6 | -18.3% |
Others | 2.9 | 1.6 | 1.6 | 1.8 | -14.7% |
Total | 18.8 | 17.3 | 22.6 | 28.3 | 14.6% |
Top Export Markets for Aluminium Alloy Wire from India in 2022:
- Ecuador (3416.6 tons)
- Nepal (1000.3 tons)
- Brazil (847.1 tons)
- Thailand (839.9 tons)
- Vietnam (300.1 tons)
- Colombia (277.6 tons)
- France (259.8 tons)
- Indonesia (234.7 tons)
- South Africa (200.3 tons)
- Taiwan (Chinese) (197.1 tons)
- Germany (181.4 tons)
- Sri Lanka (181.4 tons)
Aluminium Alloy Wire Imports in India
In 2022, purchases abroad of aluminium alloy wire decreased by -24.3% to 3K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 21%. As a result, imports attained the peak of 4.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, aluminium alloy wire imports expanded rapidly to $17M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Aluminium Alloy Wire in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.8 | 2.9 | 3.8 | 4.4 | -2.9% |
Belgium | N/A | N/A | 0.3 | 4.3 | 1333.3% |
Netherlands | 0.2 | 0.4 | 2.8 | 2.9 | 143.8% |
United Kingdom | 0.7 | 0.3 | 0.8 | 1.6 | 31.7% |
Canada | 0.5 | 0.5 | 0.9 | 1.2 | 33.9% |
Germany | 0.6 | 0.7 | 0.9 | 0.8 | 10.1% |
Hong Kong SAR | N/A | N/A | 0.6 | 0.5 | -16.7% |
Spain | 0.3 | 0.6 | 0.9 | 0.2 | -12.6% |
Malaysia | 3.0 | 5.7 | 3.8 | N/A | 12.5% |
Others | 1.6 | 0.7 | 0.8 | 1.2 | -9.1% |
Total | 11.9 | 11.8 | 15.6 | 17.0 | 12.6% |
Top Suppliers of Aluminium Alloy Wire to India in 2022:
- China (914.4 tons)
- Belgium (863.5 tons)
- Netherlands (469.2 tons)
- United Kingdom (266.7 tons)
- Canada (150.7 tons)
- Hong Kong SAR (120.8 tons)
- Germany (99.9 tons)
- Spain (39.9 tons)
This report provides an in-depth analysis of the aluminium alloy wire 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 24422350 - Aluminium alloy wire (excluding insulated electric wire and cable, twine and cordage reinforced with aluminium wire, s tranded wire and cables)
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
-
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
This report provides an in-depth analysis of the aluminium alloy wire market in India.
This report provides an in-depth analysis of the global aluminium alloy wire market.
This report provides an in-depth analysis of the non-alloy aluminium wire market in India.
This report provides an in-depth analysis of the aluminium alloy wire market in India.
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
This report provides an in-depth analysis of the global aluminium alloy wire market.
During the period from January 2023 to July 2023, the exports of Aluminium Alloy Wire experienced a slower growth rate. However, in July 2023, the value of aluminium alloy wire exports significantly increased, reaching $2M.
During the period from January 2023 to July 2023, the exports of Aluminium Alloy Wire experienced a slower growth rate. However, in July 2023, the value of aluminium alloy wire exports significantly increased, reaching $2M.