Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India - 2023
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India (CIF) - 2023
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India (CIF) - 2023
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $4,976 per ton in October 2023, declining by -29% against the previous month. In general, the import price recorded a pronounced contraction. The pace of growth appeared the most rapid in December 2022 an increase of 94% month-to-month. As a result, import price reached the peak level of $16,619 per ton. From January 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($37,779 per ton), while the price for China ($1,593 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India (FOB) - 2022
In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $5,023 per ton, shrinking by -11.4% against the previous year. Over the period under review, the export price, however, saw a buoyant increase. The growth pace was the most rapid in 2018 an increase of 62%. As a result, the export price reached the peak level of $6,389 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($7,955 per ton), while the average price for exports to France ($2,525 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 Netherlands (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India
In 2022, approx. 1.4K tons of iron or steel; non-threaded cotters and cotter-pinses were imported into India; with an increase of 21% against 2021. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 65%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses surged to $12M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 61%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 888 | 985 | 1,594 | 2,264 | 36.6% |
| China | 453 | 513 | 1,164 | 1,688 | 55.0% |
| Japan | 479 | 416 | 916 | 1,510 | 46.6% |
| Singapore | 116 | 749 | 1,783 | 1,403 | 129.5% |
| Thailand | 297 | 429 | 930 | 880 | 43.6% |
| South Korea | 621 | 837 | 399 | 674 | 2.8% |
| Germany | 561 | 354 | 509 | 606 | 2.6% |
| France | 578 | 261 | 291 | 388 | -12.4% |
| Sweden | 275 | 330 | 377 | 364 | 9.8% |
| Indonesia | 107 | 116 | 258 | 285 | 38.6% |
| United Kingdom | 383 | 109 | 145 | 259 | -12.2% |
| Turkey | 42.3 | 203 | 171 | 253 | 81.5% |
| Others | 1,157 | 754 | 1,222 | 1,389 | 6.3% |
| Total | 5,957 | 6,056 | 9,758 | 11,964 | 26.2% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to India in 2022:
- China (560.7 tons)
- Japan (248.4 tons)
- Singapore (95.0 tons)
- Thailand (86.5 tons)
- South Korea (59.8 tons)
- Germany (59.2 tons)
- Indonesia (56.8 tons)
- United States (56.6 tons)
- Turkey (40.3 tons)
- France (39.3 tons)
- Sweden (31.8 tons)
- United Kingdom (15.3 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India
In 2022, overseas shipments of iron or steel; non-threaded cotters and cotter-pinses increased by 17% to 801 tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses expanded modestly to $4M in 2022. In general, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +4.2% 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 +56.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 51% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 338 | 254 | 540 | 837 | 35.3% |
| Germany | 761 | 485 | 423 | 711 | -2.2% |
| Turkey | 430 | 211 | 168 | 385 | -3.6% |
| United States | 175 | 132 | 170 | 332 | 23.8% |
| United Kingdom | 160 | 148 | 308 | 324 | 26.5% |
| Chile | 250 | 118 | 90.3 | 139 | -17.8% |
| Malaysia | 8.4 | 2.6 | 3.5 | 114 | 138.5% |
| France | 21.9 | 7.0 | 25.8 | 94.2 | 62.6% |
| Saudi Arabia | 10.7 | 120 | 78.7 | 81.4 | 96.7% |
| South Africa | 63.5 | 41.1 | 66.3 | 67.8 | 2.2% |
| Brazil | 117 | 49.4 | 51.2 | 41.0 | -29.5% |
| United Arab Emirates | 133 | 95.4 | 65.0 | 34.1 | -36.5% |
| Nepal | 91.7 | 22.2 | 21.8 | 25.3 | -34.9% |
| Others | 996 | 893 | 1,877 | 836 | -5.7% |
| Total | 3,556 | 2,577 | 3,889 | 4,021 | 4.2% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from India in 2022:
- Germany (177.6 tons)
- Turkey (141.9 tons)
- Netherlands (105.2 tons)
- United States (87.5 tons)
- United Kingdom (68.8 tons)
- France (37.3 tons)
- Malaysia (28.2 tons)
- South Africa (22.7 tons)
- Chile (19.1 tons)
- Saudi Arabia (16.7 tons)
- Nepal (6.9 tons)
- United Arab Emirates (6.1 tons)
- Brazil (4.9 tons)
223
This report provides an in-depth analysis of the metal cotter pin market in India.
309
This report provides an in-depth analysis of the threaded metal articles market in India.
249
This report provides an in-depth analysis of the market for stainless steel self-tapping screw in India.
270
This report provides an in-depth analysis of the stainless steel nut market in India.
275
This report provides an in-depth analysis of the metal wood screw market in India.
414
This report provides an in-depth analysis of the metal washer market in India.
523
This report provides an in-depth analysis of the metal spring washer market in India.
663
This report provides an in-depth analysis of the metal self-tapping screw market in India.
259
This report provides an in-depth analysis of the metal screw hook market in India.
522
This report provides an in-depth analysis of the metal rivet market in India.
213
The global market for iron or steel nuts, including self-locking nuts, is expected to see continued growth over the next seven years driven by increasing demand. Market performance is forecasted to expand with a CAGR of +0.7% in volume and +3.0% in value from 2023 to 2030.
137
Explore the top import markets for metal self-locking nuts. Discover the countries with the highest import values and opportunities for exporters. Data from IndexBox platform.
180
Explore the top import markets for metal self-locking nuts based on their import value in 2022. Understand the key statistics and market dynamics of these countries.
190
Explore the leading import markets for nail and bolt products, including the United States, Germany, Mexico, China, and more. Discover key statistics and opportunities in this thriving industry.
5647
In value terms, screws, bolts, nuts, coach screws imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some...
853
In value terms, copper, nails, tacks, drawing pins, staples imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern in...
1379
In value terms, screws, bolts, nuts, coach screws exports stood at $X in 2016. Overall, it indicated a perceptible increase from 2007 to 2016: the total exports value increased at an average annual ...
864
In value terms, copper, nails, tacks, drawing pins, staples exports totaled $X in 2016. In general, copper, nails, tacks, drawing pins, staples exports continue to indicate a relatively flat trend ...
841
In 2016, the global imports of nail and bolt totaled X tons, going down by -X% against the previous year level. Overall, nail and bolt imports continue to indicate a relatively flat trend patte...
1942
In 2016, the global imports of nail and bolt totaled X tons, going down by -X% against the previous year level. Overall, nail and bolt imports continue to indicate a relatively flat trend patte...
