Price for Asbestos, Crocidolite (Blue Asbestos) in India - 2022

Contents:

  1. Price for Asbestos, Crocidolite (Blue Asbestos) in India (FOB) - 2022
  2. Price for Asbestos, Crocidolite (Blue Asbestos) in India (CIF) - 2022
  3. Exports of Asbestos, Crocidolite (Blue Asbestos) in India
  4. Imports of Asbestos, Crocidolite (Blue Asbestos) in India

Price for Asbestos, Crocidolite (Blue Asbestos) in India (FOB) - 2022

The average asbestos, crocidolite (blue asbestos) export price stood at $680 per ton in 2022, standing approx. at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 231% against the previous year. The export price peaked at $2,418 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Nepal.

From 2012 to 2022, the rate of growth in terms of prices for Nepal amounted to -0.6% per year.

Price for Asbestos, Crocidolite (Blue Asbestos) in India (CIF) - 2022

In 2022, the average asbestos, crocidolite (blue asbestos) import price amounted to $307 per ton, picking up by 10% against the previous year. Overall, the import price, however, saw a deep reduction. The import price peaked at $650 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -7.2% per year.

Exports of Asbestos, Crocidolite (Blue Asbestos) in India

In 2022, the amount of asbestos, crocidolite (blue asbestos)s exported from India amounted to 16 tons, increasing by 3.9% on the year before. Over the period under review, exports, however, showed a pronounced setback. The growth pace was the most rapid in 2021 when exports increased by 201% against the previous year.

In value terms, asbestos, crocidolite (blue asbestos) exports rose to $11K in 2022. Overall, exports, however, continue to indicate a noticeable slump.

Export of Asbestos, Crocidolite (Blue Asbestos) in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal12.02.04.111.0-2.9%
Cote d'IvoireN/AN/A6.7N/A0%
Burkina FasoN/A9.4N/AN/A0%
OthersN/AN/AN/AN/A0%
Total12.011.410.711.0-2.9%

Top Export Markets for Asbestos, Crocidolite (Blue Asbestos) from India in 2022:

  1. Nepal (16.3 tons)

Imports of Asbestos, Crocidolite (Blue Asbestos) in India

In 2022, purchases abroad of asbestos, crocidolite (blue asbestos)s was finally on the rise to reach 4.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a perceptible curtailment.

In value terms, asbestos, crocidolite (blue asbestos) imports expanded significantly to $1.3K in 2022. Over the period under review, imports, however, faced a deep setback.

Import of Asbestos, Crocidolite (Blue Asbestos) in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.71.41.11.3-8.6%
Others0.1N/AN/AN/A0%
Total1.81.41.11.3-10.3%

Top Suppliers of Asbestos, Crocidolite (Blue Asbestos) to India in 2022:

  1. United Kingdom (4.1 tons)

Source: IndexBox Market Intelligence Platform

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