Please scroll to Know how can you grow your profits by 25% or more in Myristic Acid Imports
Myristic Acid import has seen a growth of about 57% 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 Myristic Acid, stood at XX.X billion in 2015.In 2015, imports of Myristic Acid increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Myristic Acid : Based on import statistics of past few months, Myristic Acid imports is expected to increase in size to US$XX.X billion by Jan 2016
Imports Analysis of Prices of Myristic Acid Dec 2015 show that fastest groiwing price band is US$ 0.0-138.51 for Myristic Acid and market has a preference for price range between US$ 0.0-138.51 per ton.
The highest number of quantity was 164.7 Thousand in the price band US$ 0.0-138.51 , the second highest quantity came under the price band US$ 965.27-1103.06 with 1.2 Thousand.
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Prices of Myristic Acid have fluctuated between $ 0.72 to $ 1,378.65, 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 Myristic Acid Import data, there are total 24 buyers of Myristic Acid. Maximum of them fall in price band of $ 0.0-138.51.
Price band wise count of Myristic Acid Importers is given in the left chart. Order a Myristic Acid's Importers Directory for complete information.
Voleba Qualified team collects information for all over the world to complie latest information on Myristic Acid Exporters, Buyers, Countries.
In India import Data, saw the entry of 21 new importers setting foot in the Myristic Acid imports.
Exporters | Importers | Port | Countries | |
---|---|---|---|---|
New | 2 | 21 | - | - |
Total | 2 | 24 | - | - |
In Dec 2015, import of Myristic Acid to Germany was most profitable ,followed by United States Of America and Malaysia . The above charts shows quantum of import of Myristic Acid at various price points to different countries.
Germany Average Prices for Myristic Acid is $ 507.98 ,United States Of America is $ 685.87 and Malaysia is $ 17.0 Thousand.
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Malaysia, Indonesia, United States Of America were the leading Exporters of Myristic Acid to India with a market share of 99.95% with a import value of US$ 2,256,059.5 as per imports details released by India Custom import Database.
Malaysia has a market share with 74.03% , followed by Indonesia with 25.83% and United States Of America with 0.09%
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 |
Malaysia | 74.03% | |||
Indonesia | 25.83% | |||
United States Of America | 0.09% | |||
Germany | 0.05% |
Malaysia, Indonesia, United States Of America, Germany were the fastest growing Exporters of Myristic Acid to India The growth rate of Malaysia is 74.03% , Indonesia is 25.83% and United States Of America is 0.09% , as per imports shipping bills filed with India Custom.
The imports statistics on left show Growth rate and average price of Myristic Acid imports to the Malaysia, Indonesia, United States Of America, Germany 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, Mundra is the leading imports port for Myristic Acid goods , It handled 60.31% of the country’s Myristic Acid cargo. This port handled roughly US$ 1.4 Million worth of imports in 2015.
Jnpt comes seccond and it handled 22.71% of the country’s Myristic Acid imports products. This port handled roughly US$ 512.5 Thousand worth of imports in 2015. Ludhiana Icd comes third in the rank and it handled 8.87% of the country’s Myristic Acid imports items. This port handled roughly US$ 200.2 Thousand worth of imports in 2015.
Germany,United States Of America, and Indonesia were the most economical countries in terms of import duty rates for Myristic Acid Import to India.
The duty rate of Germany has been the lowest of about 0.05% ,United States Of America with 0.1% and Indonesia with 24.73% , as per import shipping bills filed with India Custom.
Importer's List | ||||
---|---|---|---|---|
Importer | Duty % | Country of Origin | ||
R.L.KHANNA (GURGAON) | 64.81% | India |
It is seen that R.L.KHANNA (GURGAON) have been paying the least amount of duty of approximately 64.81 respectively.
As per Voleba Import Data bank, Madras Air port is the most economical import port for Myristic Acid, It handled 0.08% of the Myristic Acid cargo.
Madras Sea comes second and it allows 48.02% of duty on Myristic Acid import products.
Ports | HsCode | Importer | Duty % |
---|---|---|---|
Madras Air | Myristic Acid | R.L.KHANNA (GURGAON) | 0.08% |
Madras Sea | Myristic Acid | R.L.KHANNA (GURGAON) | 48.02% |
Jnpt | Myristic Acid | R.L.KHANNA (GURGAON) | 51.9% |
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Due to Voleba reports, We were able to reduce our import duty by 30%. This had a huge direct impact on our profit margins.
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