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India - Base Metal Staples In Strips For Use In Offices - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOffice Metal Staple Price in India - 2023
Contents:
- Office Metal Staple Price in India (FOB) - 2023
- Office Metal Staple Price in India (CIF) - 2023
- Office Metal Staple Exports in India
- Office Metal Staple Imports in India
Office Metal Staple Price in India (FOB) - 2023
In July 2023, the average office metal staple export price amounted to $3,393 per ton, declining by -1.5% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 12% m-o-m. As a result, the export price reached the peak level of $3,493 per ton. From June 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the United States ($8,335 per ton), while the average price for exports to Kenya ($2,301 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 Kenya (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Office Metal Staple Price in India (CIF) - 2023
In July 2023, the average office metal staple import price amounted to $1,060 per ton, almost unchanged from the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 19% m-o-m. Over the period under review, average import prices hit record highs at $1,251 per ton in March 2023; however, from April 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Malaysia ($2,618 per ton), while the price for China ($899 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 China (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Office Metal Staple Exports in India
Office metal staple exports from India reduced to 4.2K tons in 2022, which is down by -11.1% compared with the previous year. Over the period under review, total exports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. As a result, the exports attained the peak of 4.7K tons, and then contracted in the following year.
In value terms, office metal staple exports rose markedly to $14M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
Export of Office Metal Staple in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 2,309 | 1,544 | 2,722 | 2,534 | 3.1% |
United Arab Emirates | 648 | 706 | 873 | 1,723 | 38.5% |
United States | 1,068 | 937 | 1,009 | 1,411 | 9.7% |
Thailand | 561 | 498 | 902 | 1,037 | 22.7% |
Bangladesh | 1,079 | 563 | 853 | 992 | -2.8% |
Egypt | 456 | 592 | 836 | 835 | 22.3% |
Kenya | 631 | 385 | 784 | 628 | -0.2% |
Myanmar | 116 | 173 | 316 | 521 | 65.0% |
Nepal | 288 | 131 | 252 | 316 | 3.1% |
Ethiopia | 46.3 | 129 | 8.3 | 250 | 75.4% |
Saudi Arabia | 156 | 99.3 | 170 | 235 | 14.6% |
Tanzania | 168 | 163 | 157 | 199 | 5.8% |
Uganda | 41.3 | 81.7 | 15.3 | 183 | 64.2% |
Others | 3,615 | 2,836 | 3,856 | 2,916 | -6.9% |
Total | 11,184 | 8,837 | 12,754 | 13,780 | 7.2% |
Top Export Markets for Office Metal Staple from India in 2022:
- Indonesia (804.5 tons)
- United Arab Emirates (589.4 tons)
- Thailand (333.7 tons)
- Bangladesh (330.3 tons)
- Egypt (314.3 tons)
- Kenya (240.9 tons)
- United States (204.4 tons)
- Myanmar (172.8 tons)
- Ethiopia (88.2 tons)
- Tanzania (72.4 tons)
- Nepal (72.3 tons)
- Uganda (65.4 tons)
- Saudi Arabia (64.6 tons)
Office Metal Staple Imports in India
Office metal staple imports into India declined to 2.4K tons in 2022, reducing by -9.8% compared with the previous year's figure. Over the period under review, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 27%.
In value terms, office metal staple imports contracted to $2.6M in 2022. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 38%.
Import of Office Metal Staple in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.5 | 1.9 | 2.8 | 2.2 | -4.2% |
Malaysia | N/A | N/A | N/A | 0.2 | 0% |
Others | 0.7 | 0.3 | 0.2 | 0.2 | -34.1% |
Total | 3.2 | 2.2 | 3.0 | 2.6 | -6.7% |
Top Suppliers of Office Metal Staple to India in 2022:
- China (2299.4 tons)
- Malaysia (77.3 tons)
This report provides an in-depth analysis of the office metal staple 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 25992350 - Base metal staples in strips for use in offices, upholstery and packaging
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
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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
-
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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