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India - Hammers And Sledge Hammers With Working Part Of Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Hammer Price in India - 2023
Contents:
- Metal Hammer Price in India (FOB) - 2023
- Metal Hammer Price in India (CIF) - 2022
- Metal Hammer Exports in India
- Metal Hammer Imports in India
Metal Hammer Price in India (FOB) - 2023
In July 2023, the average metal hammer export price amounted to $12,439 per ton, surging by 49% against the previous month. Over the period under review, the export price recorded strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In July 2023, the highest price was recorded for prices to Australia ($12,439 per ton) and the United States ($12,439 per ton), while the average price for exports to Canada ($12,439 per ton) and the UK ($12,439 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Hammer Price in India (CIF) - 2022
The average metal hammer import price stood at $2,751 per ton in 2022, shrinking by -30.4% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 32% against the previous year. As a result, import price attained the peak level of $8,376 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($7,741 per ton), while the price for China ($1,784 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.4%), while the prices for the other major suppliers experienced a decline.
Metal Hammer Exports in India
In 2022, shipments abroad of hammers and sledge hammers with working part of metal decreased by -37.9% to 5.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 301% against the previous year. As a result, the exports reached the peak of 8.4K tons, and then contracted remarkably in the following year.
In value terms, metal hammer exports dropped slightly to $26M in 2022. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 96% against the previous year. As a result, the exports attained the peak of $27M, and then fell in the following year.
Export of Metal Hammer in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.1 | 7.7 | 16.8 | 16.1 | 25.7% |
Germany | 1.0 | 0.7 | 1.5 | 1.4 | 11.9% |
United Kingdom | 1.3 | 1.1 | 1.9 | 1.0 | -8.4% |
Canada | 0.2 | 0.2 | 0.5 | 0.8 | 58.7% |
Sweden | 0.6 | 0.6 | 0.6 | 0.7 | 5.3% |
Nepal | 0.7 | 0.5 | 0.9 | 0.6 | -5.0% |
Netherlands | 0.1 | 0.1 | 0.3 | 0.5 | 71.0% |
Spain | 0.3 | 0.2 | 0.5 | 0.5 | 18.6% |
Italy | 0.1 | 0.2 | 0.5 | 0.4 | 58.7% |
Belgium | 0.1 | 0.1 | N/A | 0.4 | 58.7% |
Slovenia | N/A | N/A | N/A | 0.3 | 0% |
Bangladesh | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
United Arab Emirates | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
Others | 2.2 | 2.1 | 2.7 | 3.0 | 10.9% |
Total | 15.2 | 13.6 | 26.6 | 26.1 | 19.7% |
Top Export Markets for Metal Hammer from India in 2022:
- United States (2630.7 tons)
- Germany (336.0 tons)
- Nepal (274.0 tons)
- Canada (255.2 tons)
- United Kingdom (232.7 tons)
- Italy (156.0 tons)
- Belgium (133.4 tons)
- Netherlands (131.1 tons)
- Spain (102.9 tons)
- United Arab Emirates (96.9 tons)
- Sweden (94.1 tons)
- Bangladesh (84.6 tons)
- Slovenia (83.1 tons)
Metal Hammer Imports in India
Metal hammer imports into India soared to 516 tons in 2022, jumping by 36% compared with 2021 figures. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 230%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, metal hammer imports dropped to $1.4M in 2022. In general, imports recorded a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 120%. As a result, imports reached the peak of $1.5M, and then reduced in the following year.
Import of Metal Hammer in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 607 | 388 | 910 | 797 | 9.5% |
United States | 58.3 | 76.3 | 92.7 | 185 | 46.9% |
Germany | 62.4 | 50.8 | 56.5 | 99.6 | 16.9% |
Japan | 52.1 | 18.2 | 32.5 | 73.6 | 12.2% |
United Kingdom | 53.3 | 41.1 | 57.3 | 65.6 | 7.2% |
United Arab Emirates | 232 | 20.8 | 54.0 | 1.5 | -81.4% |
Others | 161 | 86.0 | 298 | 198 | 7.1% |
Total | 1,226 | 681 | 1,502 | 1,420 | 5.0% |
Top Suppliers of Metal Hammer to India in 2022:
- China (446.8 tons)
- United States (31.3 tons)
- United Kingdom (8.5 tons)
- Japan (7.6 tons)
- Germany (4.1 tons)
- United Arab Emirates (0.3 tons)
This report provides an in-depth analysis of the metal hammer 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 25733055 - Hammers and sledge hammers with working part of metal
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.
-
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
-
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
-
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
-
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
-
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
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