Please scroll to Know how can you grow your profits by 25% or more in Magnetic Stripe Imports
Magnetic Stripe import has seen a growth of about 8% in the month of Dec-2015 when compared to Nov-2015 withapprox US XX.X billion of imports reported by Indian Custom Import Shipment database.
Total imports of Magnetic Stripe, stood at XX.X billion in 2015.In 2015, imports of Magnetic Stripe increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Magnetic Stripe : Based on import statistics of past few months, Magnetic Stripe imports is expected to increase in size to US$XX.X billion by Jan 2016
Imports Analysis of Prices of Magnetic Stripe Dec 2015 show that fastest groiwing price band is US$ 0.0-26.13 for Magnetic Stripe and market has a preference for price range between US$ 0.0-26.13 per ton.
The highest number of quantity was 4.8 Million in the price band US$ 0.0-26.13 , the second highest quantity came under the price band US$ 26.13-52.26 with 320.0.
For a Accurate analysis , order a Latest Paid report with STD Unit of Quantity with Voleba, Indias trusted imports import data provider.
Prices of Magnetic Stripe have fluctuated between $ 0.01 to $ 261.24, during the month of Nov-2015. For a Complete Price trend of a larger period , please order a paid report.
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As per Global Importers Directory compiled from global Magnetic Stripe Import data, there are total 16 buyers of Magnetic Stripe. Maximum of them fall in price band of $ 0.0-338.16.
Price band wise count of Magnetic Stripe Importers is given in the left chart. Order a Magnetic Stripe's Importers Directory for complete information.
Voleba Qualified team collects information for all over the world to complie latest information on Magnetic Stripe Exporters, Buyers, Countries.
In India import Data, saw the entry of 14 new importers setting foot in the Magnetic Stripe imports.
Exporters | Importers | Port | Countries | |
---|---|---|---|---|
New | 2 | 14 | - | - |
Total | 3 | 16 | - | - |
In Dec 2015, import of Magnetic Stripe to Hong Kong was most profitable ,followed by Italy and Singapore . The above charts shows quantum of import of Magnetic Stripe at various price points to different countries.
Hong Kong Average Prices for Magnetic Stripe is $ 0.71 ,Italy is $ 4.48 and Singapore is $ 5.55.
For accurate price analysis, order a latest report with STD quantity.
Thailand, China, Taiwan were the leading Exporters of Magnetic Stripe to India with a market share of 97.56% with a import value of US$ 1,000,116.94 as per imports details released by India Custom import Database.
Thailand has a market share with 80.08% , followed by China with 14.78% and Taiwan with 2.7%
Forecast : The UAE most likely will continue to remain India's top imports destination by 2017, China is emerging as the second largest imports market leaders , as per the imports details.
Import Export statistics | ||||
---|---|---|---|---|
Country | Growth Rate | Import Value | Avg Price | Profit Margin |
Thailand | 80.08% | |||
China | 14.78% | |||
Taiwan | 2.7% | |||
United States Of America | 1.63% | |||
Hong Kong | 0.42% |
Thailand, China, Taiwan, United States Of America, Hong Kong were the fastest growing Exporters of Magnetic Stripe to India The growth rate of Thailand is 80.08% , China is 14.78% and Taiwan is 2.7% , as per imports shipping bills filed with India Custom.
The imports statistics on left show Growth rate and average price of Magnetic Stripe imports to the Thailand, China, Taiwan, United States Of America, Hong Kong as of Dec 2015.
Forecast : The UAE most likely will continue to remain India's top imports destination by 2017, China is emerging as the second largest imports market leaders , as per the imports details.
As per Voleba import Data bank, Delhi Air is the leading imports port for Magnetic Stripe goods , It handled 90.47% of the country’s Magnetic Stripe cargo. This port handled roughly US$ 927.4 Thousand worth of imports in 2015.
Bangalore Air comes seccond and it handled 4.41% of the country’s Magnetic Stripe imports products. This port handled roughly US$ 45.2 Thousand worth of imports in 2015. Delhi Tkd Icd comes third in the rank and it handled 2.27% of the country’s Magnetic Stripe imports items. This port handled roughly US$ 23.3 Thousand worth of imports in 2015.
Italy,Mexico, and Singapore were the most economical countries in terms of import duty rates for Magnetic Stripe Import to India.
The duty rate of Italy has been the lowest of about 0% ,Mexico with 0.06% and Singapore with 0.07% , as per import shipping bills filed with India Custom.
Importer's List | ||||
---|---|---|---|---|
Importer | Duty % | Country of Origin | ||
THE HONGKONG & SHANGHAI BANKING CORP LTD | 0.18% | India | ||
BRICKRED TECHNOLOGIES | 7% | India |
It is seen that THE HONGKONG & SHANGHAI BANKING CORP LTD and BRICKRED TECHNOLOGIES have been paying the least amount of duty of approximately 0.18 and 7 respectively.
As per Voleba Import Data bank, Madras Sea port is the most economical import port for Magnetic Stripe, It handled 0.01% of the Magnetic Stripe cargo.
Madras Air comes second and it allows 32.31% of duty on Magnetic Stripe import products.
Ports | HsCode | Importer | Duty % |
---|---|---|---|
Madras Sea | Magnetic Stripe | R.L.KHANNA (GURGAON) | 0.01% |
Madras Air | Magnetic Stripe | R.L.KHANNA (GURGAON) | 32.31% |
Delhi Air | Magnetic Stripe | R.L.KHANNA (GURGAON) | 32.86% |
Bombay Air | Magnetic Stripe | THE HONGKONG & SHANGHAI BANKING CORP LTD | 34.82% |
"Voleba helped me discover a new product with 50% margin, huge volumes and 40% growth rate. I have a winner now and expanding rapidly.
Due to Voleba reports, We were able to reduce our import duty by 30%. This had a huge direct impact on our profit margins.
Due to Voleba reports, We were able to reduce our import duty by 30%. This had a huge direct impact on our profit margins.
"Thanks to Voleba, my profits have gone up by 40%, I now focus on importing products with high margins and high volumes. Best part is Reports just take 5 minutes every month to consume.
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