Report Update: May 14, 2024

India - Ferro-Cerium And Pyrophoric Alloys - Market Analysis, Forecast, Size, Trends And Insights

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Price for Ferro-Cerium and Pyrophoric Alloys in India - 2023

Price for Ferro-Cerium and Pyrophoric Alloys in India (FOB) - 2022

In 2022, the average ferro-cerium and pyrophoric alloys export price amounted to $1,429 per ton, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The growth pace was the most rapid in 2013 when the average export price increased by 16%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,922 per ton), while the average price for exports to Egypt ($329 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 the United States (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ferro-Cerium and Pyrophoric Alloys in India (CIF) - 2022

The average ferro-cerium and pyrophoric alloys import price stood at $4,145 per ton in 2022, rising by 17% against the previous year. Overall, the import price enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 38% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($54,749 per ton), while the price for the United Arab Emirates ($474 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ferro-Cerium and Pyrophoric Alloys in India

In 2022, shipments abroad of ferro-cerium and pyrophoric alloys was finally on the rise to reach 678 tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-cerium and pyrophoric alloys exports surged to $969K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ferro-Cerium and Pyrophoric Alloys in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Qatar	4.1	33.2	85.9	123	210.7%
United States	234	221	75.3	102	-24.2%
Israel	44.5	26.4	40.1	97.8	30.0%
Estonia	6.1	32.1	62.7	89.8	145.1%
Nepal	27.3	16.1	7.0	63.2	32.3%
Maldives	53.8	35.5	20.4	45.6	-5.4%
United Arab Emirates	92.2	65.1	46.0	40.5	-24.0%
Italy	19.5	21.0	22.7	38.8	25.8%
Kuwait	12.6	12.8	13.1	23.8	23.6%
Saudi Arabia	18.2	15.9	14.0	19.4	2.2%
Seychelles	12.2	19.2	9.6	17.4	12.6%
Bangladesh	11.4	10.4	8.7	11.6	0.6%
Egypt	8.4	7.8	7.3	10.7	8.4%
Others	195	114	167	286	13.6%
Total	739	630	580	969	9.5%

Top Export Markets for Ferro-Cerium and Pyrophoric Alloys from India in 2022:

Qatar (116.7 tons)
Nepal (76.4 tons)
Estonia (63.6 tons)
United States (52.8 tons)
Israel (50.9 tons)
Maldives (41.9 tons)
United Arab Emirates (41.4 tons)
Egypt (32.6 tons)
Italy (28.8 tons)
Kuwait (25.8 tons)
Saudi Arabia (23.9 tons)
Seychelles (18.5 tons)
Bangladesh (18.2 tons)

Imports of Ferro-Cerium and Pyrophoric Alloys in India

In 2022, purchases abroad of ferro-cerium and pyrophoric alloys decreased by -24.3% to 292 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports reached the peak of 402 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, ferro-cerium and pyrophoric alloys imports dropped to $1.2M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.0% 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 +60.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40%.

Import of Ferro-Cerium and Pyrophoric Alloys in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Africa	288	412	514	473	18.0%
China	165	291	468	431	37.7%
Hong Kong SAR	168	214	238	195	5.1%
United Arab Emirates	15.0	15.4	13.8	9.1	-15.3%
Others	119	124	126	100	-5.6%
Total	754	1,057	1,360	1,208	17.0%

Top Suppliers of Ferro-Cerium and Pyrophoric Alloys to India in 2022:

South Africa (231.6 tons)
China (32.1 tons)
United Arab Emirates (19.2 tons)
Hong Kong SAR (3.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for ferro-cerium and pyrophoric alloys 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 32994210 - Ferro-cerium, pyrophoric alloys, articles of combustible materials, n.e.c.

Country coverage:

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023