Price for Cermets; Articles Thereof, Including Waste and Scrap in India - 2024

Contents:

1. Price for Cermets; Articles Thereof, Including Waste and Scrap in India (CIF) - 2024
2. Price for Cermets; Articles Thereof, Including Waste and Scrap in India (FOB) - 2022
3. Imports of Cermets; Articles Thereof, Including Waste and Scrap in India
4. Exports of Cermets; Articles Thereof, Including Waste and Scrap in India

Price for Cermets; Articles Thereof, Including Waste and Scrap in India (CIF) - 2024

The average import price for cermets; articles thereof, including waste and scrap stood at $112K per ton in April 2024, picking up by 259% against the previous month. In general, the import price showed resilient growth. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 289% month-to-month. As a result, import price attained the peak level of $116K per ton. From December 2023 to April 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was China ($159K per ton), while the price for Germany ($95,902 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cermets; Articles Thereof, Including Waste and Scrap in India (FOB) - 2022

The average export price for cermets; articles thereof, including waste and scrap stood at $21,169 per ton in 2022, which is down by -27% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 118% against the previous year. As a result, the export price reached the peak level of $39,089 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($54,256 per ton), while the average price for exports to Austria ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+47.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cermets; Articles Thereof, Including Waste and Scrap in India

In 2022, imports of cermets; articles thereof, including waste and scrap into India soared to 486 tons, picking up by 27% against 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +105.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of cermets; articles thereof, including waste and scrap expanded remarkably to $15M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 69% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Cermets; Articles Thereof, Including Waste and Scrap to India in 2022:

1. Germany (250.8 tons)
2. China (130.5 tons)
3. Austria (30.2 tons)
4. United States (26.9 tons)
5. Japan (22.5 tons)
6. Singapore (16.8 tons)
7. Belgium (0.4 tons)

Exports of Cermets; Articles Thereof, Including Waste and Scrap in India

In 2022, the amount of cermets; articles thereof, including waste and scrap exported from India surged to 25 tons, growing by 537% against 2021 figures. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cermets; articles thereof, including waste and scrap soared to $524K in 2022. Overall, exports showed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cermets; Articles Thereof, Including Waste and Scrap from India in 2022:

1. United States (20.8 tons)
2. Germany (1.2 tons)
3. Japan (1.2 tons)
4. Bangladesh (0.5 tons)

Source: IndexBox Market Intelligence Platform