India - Seals Of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVulcanised Rubber Seal Price in India - 2023
Contents:
- Vulcanised Rubber Seal Price in India (CIF) - 2023
- Vulcanised Rubber Seal Price in India (FOB) - 2023
- Vulcanised Rubber Seal Imports in India
- Vulcanised Rubber Seal Exports in India
Vulcanised Rubber Seal Price in India (CIF) - 2023
The average vulcanised rubber seal import price stood at $18,570 per ton in September 2023, remaining stable against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 31% against the previous month. The import price peaked at $27,434 per ton in March 2023; however, from April 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($74,275 per ton), while the price for the UK ($4,487 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Vulcanised Rubber Seal Price in India (FOB) - 2023
The average vulcanised rubber seal export price stood at $9,812 per ton in September 2023, approximately mirroring the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 18% month-to-month. The export price peaked at $12,153 per ton in March 2023; however, from April 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Romania ($17,564 per ton), while the average price for exports to France ($5,700 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Vulcanised Rubber Seal Imports in India
Vulcanised rubber seal imports into India fell sharply to 20K tons in 2022, shrinking by -17.1% against the year before. Overall, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. As a result, imports attained the peak of 24K tons, and then declined notably in the following year.
In value terms, vulcanised rubber seal imports reached $370M in 2022. The total import value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 35%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
Import of Vulcanised Rubber Seal in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 43.1 | 33.6 | 41.4 | 47.6 | 3.4% |
Germany | 41.0 | 32.4 | 44.3 | 47.5 | 5.0% |
China | 33.1 | 29.7 | 42.1 | 45.8 | 11.4% |
Japan | 40.4 | 38.1 | 50.5 | 44.9 | 3.6% |
South Korea | 23.4 | 23.6 | 32.5 | 31.4 | 10.3% |
Italy | 19.6 | 16.9 | 25.9 | 26.7 | 10.9% |
Singapore | 19.8 | 18.5 | 21.4 | 17.4 | -4.2% |
France | 8.8 | 9.6 | 12.8 | 16.7 | 23.8% |
United Kingdom | 15.8 | 10.7 | 13.5 | 12.8 | -6.8% |
Taiwan (Chinese) | 5.7 | 6.0 | 9.4 | 11.6 | 26.7% |
Thailand | 6.2 | 4.8 | 6.9 | 6.4 | 1.1% |
Hungary | 1.1 | 0.6 | 1.6 | 1.7 | 15.6% |
Others | 42.6 | 38.8 | 52.4 | 59.5 | 11.8% |
Total | 301 | 263 | 355 | 370 | 7.1% |
Top Suppliers of Vulcanised Rubber Seal to India in 2022:
- Japan (4.9K tons)
- China (4.5K tons)
- Italy (1.7K tons)
- Germany (1.6K tons)
- South Korea (1.4K tons)
- United States (1.0K tons)
- Taiwan (Chinese) (0.7K tons)
- United Kingdom (0.6K tons)
- Thailand (0.6K tons)
- Singapore (0.5K tons)
- Hungary (0.3K tons)
- France (0.2K tons)
Vulcanised Rubber Seal Exports in India
In 2022, exports of seals of vulcanised rubber from India dropped to 18K tons, which is down by -5.9% compared with the previous year's figure. The total export volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. As a result, the exports attained the peak of 19K tons, and then shrank in the following year.
In value terms, vulcanised rubber seal exports expanded to $180M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
Export of Vulcanised Rubber Seal in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 17.4 | 13.8 | 22.5 | 32.3 | 22.9% |
Netherlands | 12.7 | 12.7 | 21.3 | 17.8 | 11.9% |
France | 11.5 | 9.5 | 17.4 | 13.9 | 6.5% |
Germany | 8.0 | 8.1 | 11.2 | 8.9 | 3.6% |
Romania | 5.6 | 3.7 | 6.5 | 8.1 | 13.1% |
Brazil | 6.5 | 4.9 | 7.1 | 7.1 | 3.0% |
United Kingdom | 5.8 | 4.0 | 6.9 | 5.9 | 0.6% |
United Arab Emirates | 4.3 | 5.1 | 5.4 | 5.5 | 8.6% |
Italy | 5.0 | 3.5 | 5.3 | 4.7 | -2.0% |
Bangladesh | 3.2 | 2.7 | 4.0 | 4.3 | 10.4% |
China | 2.7 | 3.2 | 4.0 | 4.3 | 16.8% |
Egypt | 3.0 | 2.7 | 3.6 | 4.0 | 10.1% |
Nepal | 2.5 | 1.9 | 3.5 | 2.9 | 5.1% |
Others | 43.7 | 38.1 | 53.5 | 59.9 | 11.1% |
Total | 132 | 114 | 172 | 180 | 10.9% |
Top Export Markets for Vulcanised Rubber Seal from India in 2022:
- Netherlands (2.7K tons)
- France (2.0K tons)
- United States (1.9K tons)
- Germany (1.1K tons)
- Brazil (1.0K tons)
- United Arab Emirates (0.7K tons)
- Nepal (0.7K tons)
- United Kingdom (0.7K tons)
- Romania (0.6K tons)
- Bangladesh (0.6K tons)
- Egypt (0.6K tons)
- Italy (0.5K tons)
- China (0.4K tons)
This report provides an in-depth analysis of the vulcanised rubber seal market 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 22197323 - Seals, of vulcanised rubber
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
-
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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