India - Prepared Binders For Foundry Moulds Or Cores - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Binders Price in India - 2023
Contents:
- Prepared Binders Price in India (CIF) - 2023
- Prepared Binders Price in India (FOB) - 2023
- Prepared Binders Imports in India
- Prepared Binders Exports in India
Prepared Binders Price in India (CIF) - 2023
The average prepared binders import price stood at $885 per ton in July 2023, waning by -3.2% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 77% against the previous month. As a result, import price reached the peak level of $1,451 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($1,763 per ton), while the price for Saudi Arabia ($96.0 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 Italy (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Binders Price in India (FOB) - 2023
In July 2023, the average prepared binders export price amounted to $522 per ton, which is down by -1.6% against the previous month. Over the period under review, the export price recorded a slight decrease. The growth pace was the most rapid in September 2022 an increase of 19% against the previous month. Over the period under review, the average export prices hit record highs at $638 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was South Africa ($1,351 per ton), while the average price for exports to Nigeria ($136 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 Nigeria (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Binders Imports in India
In 2022, the amount of prepared binders for foundry moulds or cores imported into India soared to 45K tons, jumping by 30% on 2021. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, prepared binders imports skyrocketed to $37M in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 106% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Prepared Binders in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.0 | 4.5 | 11.1 | 15.1 | 36.0% |
Thailand | 2.9 | 3.1 | 6.7 | 9.2 | 46.9% |
South Korea | 0.3 | 0.5 | 1.6 | 2.2 | 94.3% |
Italy | 0.7 | 0.8 | 1.4 | 1.9 | 39.5% |
Saudi Arabia | 0.9 | 0.7 | 0.9 | 1.2 | 10.1% |
Singapore | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
Others | 3.9 | 3.2 | 4.7 | 6.7 | 19.8% |
Total | 15.0 | 13.0 | 26.7 | 36.7 | 34.7% |
Top Suppliers of Prepared Binders to India in 2022:
- Saudi Arabia (18.9K tons)
- China (11.4K tons)
- South Korea (4.6K tons)
- Thailand (3.4K tons)
- Italy (3.2K tons)
- Singapore (0.8K tons)
Prepared Binders Exports in India
In 2022, exports of prepared binders for foundry moulds or cores from India skyrocketed to 36K tons, growing by 21% against the previous year's figure. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 +65.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, prepared binders exports soared to $20M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +52.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Prepared Binders in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 3,017 | 3,485 | 4,761 | 5,488 | 22.1% |
South Africa | 1,510 | 1,464 | 2,301 | 2,652 | 20.7% |
Saudi Arabia | 1,289 | 916 | 1,484 | 1,711 | 9.9% |
Indonesia | 743 | 519 | 815 | 940 | 8.2% |
Bangladesh | 858 | 786 | 547 | 851 | -0.3% |
China | 760 | 638 | 671 | 802 | 1.8% |
Turkey | 418 | 551 | 685 | 789 | 23.6% |
Sri Lanka | 390 | 391 | 451 | 520 | 10.1% |
Nigeria | 268 | 322 | 219 | 313 | 5.3% |
Ghana | 217 | 277 | 258 | 298 | 11.2% |
Australia | 163 | 266 | 178 | 235 | 13.0% |
Ethiopia | 53.0 | 99.0 | 179 | 207 | 57.5% |
Belarus | 108 | 126 | 129 | 149 | 11.3% |
Others | 4,277 | 3,112 | 4,086 | 4,783 | 3.8% |
Total | 14,072 | 12,951 | 16,763 | 19,738 | 11.9% |
Top Export Markets for Prepared Binders from India in 2022:
- United Arab Emirates (7.2K tons)
- South Africa (3.5K tons)
- Saudi Arabia (2.7K tons)
- Bangladesh (2.1K tons)
- Nigeria (1.6K tons)
- Turkey (1.5K tons)
- China (1.2K tons)
- Ghana (1.1K tons)
- Indonesia (1.1K tons)
- Australia (1.0K tons)
- Ethiopia (1.0K tons)
- Belarus (1.0K tons)
- Sri Lanka (1.0K tons)
This report provides an in-depth analysis of the prepared binders 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 20595720 - Prepared binders for foundry moulds or cores
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
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