India - Hot-Rolled Bars Of Silico-Manganese Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Silico-Manganese Steel Bar in India - 2023
Contents:
- Price for Hot-Rolled Silico-Manganese Steel Bar in India (CIF) - 2022
- Price for Hot-Rolled Silico-Manganese Steel Bar in India (FOB) - 2022
- Imports of Hot-Rolled Silico-Manganese Steel Bar in India
- Exports of Hot-Rolled Silico-Manganese Steel Bar in India
Price for Hot-Rolled Silico-Manganese Steel Bar in India (CIF) - 2022
In 2022, the average hot-rolled silico-manganese steel bar import price amounted to $727 per ton, leveling off at the previous year. Over the period under review, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the maximum at $1,000 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.4% per year.
Price for Hot-Rolled Silico-Manganese Steel Bar in India (FOB) - 2022
In 2022, the average hot-rolled silico-manganese steel bar export price amounted to $998 per ton, increasing by 8.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 31% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($1,234 per ton) and Kenya ($1,175 per ton), while the average price for exports to Bangladesh ($842 per ton) and Nepal ($850 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hot-Rolled Silico-Manganese Steel Bar in India
Hot-rolled silico-manganese steel bar imports into India shrank to 1.4K tons in 2022, reducing by -4.9% against the previous year's figure. In general, imports saw a dramatic shrinkage.
In value terms, hot-rolled silico-manganese steel bar imports contracted to $1M in 2022. Over the period under review, imports recorded a sharp downturn.
Import of Hot-Rolled Silico-Manganese Steel Bar in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.6 | 1.3 | 1.1 | 1.0 | -27.3% |
France | N/A | 0.6 | N/A | N/A | 0% |
Others | N/A | 0.1 | N/A | N/A | 0% |
Total | 2.6 | 2.0 | 1.1 | 1.0 | -27.3% |
Top Suppliers of Hot-Rolled Silico-Manganese Steel Bar to India in 2022:
- China (1407.5 tons)
Exports of Hot-Rolled Silico-Manganese Steel Bar in India
Hot-rolled silico-manganese steel bar exports from India soared to 2.1K tons in 2022, increasing by 120% on the previous year's figure. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, hot-rolled silico-manganese steel bar exports soared to $2.1M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Hot-Rolled Silico-Manganese Steel Bar in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 543 | 327 | 394 | 929 | 19.6% |
Nepal | 52.5 | 14.8 | 194 | 459 | 106.0% |
Kenya | 8.9 | 8.2 | 183 | 431 | 264.5% |
Bangladesh | 76.8 | 61.7 | 84.8 | 200 | 37.6% |
Australia | 15.9 | 72.2 | 2.9 | 63.7 | 58.8% |
Others | 24.6 | 25.5 | 27.7 | 26.9 | 3.0% |
Total | 722 | 509 | 886 | 2,109 | 42.9% |
Top Export Markets for Hot-Rolled Silico-Manganese Steel Bar from India in 2022:
- Tanzania (911.7 tons)
- Nepal (539.5 tons)
- Kenya (366.5 tons)
- Bangladesh (237.5 tons)
- Australia (51.6 tons)
This report provides an in-depth analysis of the market for hot-rolled silico-manganese steel bar 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 24106620 - Hot-rolled bars of silico-manganese steel
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
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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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