India - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMineral Wool Price in India - 2023
Contents:
- Mineral Wool Price in India (FOB) - 2023
- Mineral Wool Price in India (CIF) - 2022
- Mineral Wool Exports in India
- Mineral Wool Imports in India
Mineral Wool Price in India (FOB) - 2023
In September 2023, the average mineral wool export price amounted to $2,016 per ton, approximately mirroring the previous month. Over the period under review, the export price continues to indicate tangible growth. The most prominent rate of growth was recorded in March 2023 an increase of 22% m-o-m. The export price peaked in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($4,669 per ton), while the average price for exports to Nigeria ($809 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Mineral Wool Price in India (CIF) - 2022
The average mineral wool import price stood at $2,206 per ton in 2022, which is down by -10.1% against the previous year. Overall, the import price, however, enjoyed a moderate expansion. The growth pace was the most rapid in 2014 an increase of 121% against the previous year. As a result, import price attained the peak level of $3,813 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($33,546 per ton), while the price for Saudi Arabia ($1,063 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Mineral Wool Exports in India
In 2022, exports of slag wool, rock wool and similar mineral wools and mixtures from India contracted to 12K tons, dropping by -14.4% compared with 2021. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 19%.
In value terms, mineral wool exports fell to $19M in 2022. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 15%.
Export of Mineral Wool in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | 6.0 | 4.9 | 2.3 | 2.9 | -21.5% |
Singapore | 2.3 | 1.0 | 1.1 | 2.0 | -4.6% |
Qatar | 1.8 | 1.3 | 2.0 | 1.7 | -1.9% |
Japan | 1.2 | 0.7 | 0.9 | 1.4 | 5.3% |
Bangladesh | 1.7 | 0.2 | 0.5 | 1.2 | -11.0% |
United Arab Emirates | 0.8 | 1.4 | 5.7 | 0.7 | -4.4% |
Malaysia | 0.2 | 0.3 | 0.4 | 0.6 | 44.2% |
Vietnam | 0.4 | 0.6 | 0.2 | 0.6 | 14.5% |
Sri Lanka | 0.3 | 0.2 | 0.5 | 0.5 | 18.6% |
Thailand | 1.3 | 0.9 | 0.5 | 0.5 | -27.3% |
Tanzania | 0.1 | 0.3 | 0.1 | 0.4 | 58.7% |
Kenya | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
Nepal | 0.4 | 0.2 | 0.3 | 0.3 | -9.1% |
Others | 7.7 | 4.8 | 4.8 | 5.6 | -10.1% |
Total | 24.3 | 17.1 | 19.7 | 18.6 | -8.5% |
Top Export Markets for Mineral Wool from India in 2022:
- Singapore (1723.3 tons)
- Bangladesh (1572.8 tons)
- Nigeria (1215.7 tons)
- Qatar (1117.6 tons)
- Japan (624.2 tons)
- United Arab Emirates (578.8 tons)
- Malaysia (558.6 tons)
- Vietnam (475.0 tons)
- Tanzania (351.4 tons)
- Nepal (316.8 tons)
- Kenya (288.6 tons)
- Thailand (283.0 tons)
- Sri Lanka (277.7 tons)
Mineral Wool Imports in India
For the fourth consecutive year, India recorded growth in purchases abroad of slag wool, rock wool and similar mineral wools and mixtures, which increased by 30% to 6.1K tons in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, mineral wool imports skyrocketed to $13M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
Import of Mineral Wool in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 2.2 | 2.0 | 3.6 | 3.5 | 16.7% |
China | 1.1 | 1.4 | 1.1 | 2.0 | 22.1% |
Saudi Arabia | N/A | N/A | 1.2 | 1.7 | 41.7% |
United Kingdom | 0.5 | 1.8 | 0.6 | 1.1 | 30.1% |
France | 0.1 | 0.2 | 0.5 | 0.6 | 81.7% |
Germany | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
United States | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
Others | 1.1 | 2.2 | 3.8 | 3.6 | 48.5% |
Total | 5.7 | 8.3 | 11.4 | 13.4 | 33.0% |
Top Suppliers of Mineral Wool to India in 2022:
- China (1849.1 tons)
- Saudi Arabia (1552.3 tons)
- Netherlands (1418.4 tons)
- United Kingdom (290.4 tons)
- France (193.9 tons)
- Germany (159.5 tons)
- United States (136.8 tons)
This report provides an in-depth analysis of the mineral wool 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 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
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 mineral wool market in India.
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This report provides an in-depth analysis of the global mineral wool market.
This report provides an in-depth analysis of the global expanded clays market.
This report provides an in-depth analysis of the mineral wool market in India.
This report provides an in-depth analysis of the expanded clays market in India.
This report provides an in-depth analysis of the global mineral wool market.
This report provides an in-depth analysis of the global expanded clays market.
For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...
In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...
In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...