Price for Ivory and Articles Thereof; Worked in India - 2023

Contents:

  1. Price for Ivory and Articles Thereof; Worked in India (FOB) - 2022
  2. Price for Ivory and Articles Thereof; Worked in India (CIF) - 2022
  3. Exports of Ivory and Articles Thereof; Worked in India
  4. Imports of Ivory and Articles Thereof; Worked in India

Price for Ivory and Articles Thereof; Worked in India (FOB) - 2022

The average export price for ivory and articles thereof; worked stood at $4,518 per ton in 2022, almost unchanged from the previous year. Overall, the export price, however, posted slight growth. The pace of growth was the most pronounced in 2013 an increase of 92% against the previous year. Over the period under review, the average export prices reached the maximum at $11,091 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Yemen amounted to +35.9% per year.

Price for Ivory and Articles Thereof; Worked in India (CIF) - 2022

The average import price for ivory and articles thereof; worked stood at $2,876 per ton in 2022, which is down by -41.6% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 198% against the previous year. As a result, import price attained the peak level of $18,310 per ton. From 2014 to 2022, the average import prices remained at a 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 Sweden amounted to +11.0% per year.

Exports of Ivory and Articles Thereof; Worked in India

In 2022, after three years of growth, there was significant decline in shipments abroad of ivory and articles thereof; worked, when their volume decreased by -78.4% to 4.7 tons. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 293%. As a result, the exports attained the peak of 22 tons, and then declined sharply in the following year.

In value terms, ivory and articles thereof; worked exports reduced rapidly to $21K in 2022. Overall, exports saw a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 251%. As a result, the exports attained the peak of $100K, and then fell sharply in the following year.

Export of Ivory and Articles Thereof; Worked in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.93.95.921.0185.8%
Spain0.50.48.1N/A302.5%
Malaysia1.46.326.8N/A337.5%
Italy7.90.45.5N/A-16.6%
Others13.617.353.30.4-69.1%
Total24.428.499.621.4-4.3%

Top Export Markets for Ivory and Articles Thereof; Worked from India in 2022:

  1. United States (4.7 tons)

Imports of Ivory and Articles Thereof; Worked in India

In 2022, approx. 137 kg of ivory and articles thereof; worked were imported into India; waning by -95.3% on the previous year's figure. In general, imports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 1,026%. As a result, imports attained the peak of 2.9 tons, and then declined markedly in the following year.

In value terms, ivory and articles thereof; worked imports reduced markedly to $394 in 2022. Overall, imports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 267%. As a result, imports attained the peak of $14K, and then fell rapidly in the following year.

Import of Ivory and Articles Thereof; Worked in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.50.20.30.4-7.2%
South Korea0.10.10.2N/A41.4%
NigeriaN/AN/A2.5N/A0%
United Kingdom0.80.72.0N/A58.1%
France0.3N/AN/AN/A0%
Italy2.62.46.6N/A59.3%
United States0.80.32.3N/A69.6%
Others0.50.20.4N/A-10.6%
Total5.63.914.30.4-58.5%

Top Suppliers of Ivory and Articles Thereof; Worked to India in 2022:

  1. China (137.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Ivory and articles thereof; worked - India