Please scroll to Know how can you grow your profits by 25% or more in Petroleum Oil Imports
Petroleum Oil import has seen a growth of about 31% 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 Petroleum Oil, stood at XX.X billion in 2015.In 2015, imports of Petroleum Oil increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Petroleum Oil : Based on import statistics of past few months, Petroleum Oil imports is expected to increase in size to US$XX.X billion by Jan 2016
Imports Analysis of Prices of Petroleum Oil Dec 2015 show that fastest groiwing price band is US$ 203.22-303.44 for Petroleum Oil and market has a preference for price range between US$ 203.22-303.44 per ton.
The highest number of quantity was 3.5 Million in the price band US$ 203.22-303.44 , the second highest quantity came under the price band US$ 303.44-403.65 with 2.5 Million.
For a Accurate analysis , order a Latest Paid report with STD Unit of Quantity with Voleba, Indias trusted imports import data provider.
Prices of Petroleum Oil have fluctuated between $ 2.79 to $ 1,004.95, 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 Petroleum Oil Import data, there are total 8 buyers of Petroleum Oil. Maximum of them fall in price band of $ 1.0-101.4.
Price band wise count of Petroleum Oil Importers is given in the left chart. Order a Petroleum Oil's Importers Directory for complete information.
Voleba Qualified team collects information for all over the world to complie latest information on Petroleum Oil Exporters, Buyers, Countries.
In India import Data, saw the entry of 7 new importers setting foot in the Petroleum Oil imports.
Exporters | Importers | Port | Countries | |
---|---|---|---|---|
New | 1 | 7 | - | - |
Total | 1 | 8 | - | - |
In Dec 2015, import of Petroleum Oil to United Kingdom was most profitable ,followed by United States Of America and Japan . The above charts shows quantum of import of Petroleum Oil at various price points to different countries.
United Kingdom Average Prices for Petroleum Oil is $ 36.29 ,United States Of America is $ 44.48 and Japan is $ 160.29.
For accurate price analysis, order a latest report with STD quantity.
Iran, Saudi Arabia, United Arab Emirates were the leading Exporters of Petroleum Oil to India with a market share of 68.7% with a import value of US$ 1,206,729,196.53 as per imports details released by India Custom import Database.
Iran has a market share with 28.33% , followed by Saudi Arabia with 26.9% and United Arab Emirates with 13.47%
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 |
Iran | 28.33% | |||
Saudi Arabia | 26.9% | |||
United Arab Emirates | 13.47% | |||
Angola | 12.27% | |||
Kuwait | 12.03% |
Iran, Saudi Arabia, United Arab Emirates, Angola, Kuwait were the fastest growing Exporters of Petroleum Oil to India The growth rate of Iran is 28.33% , Saudi Arabia is 26.9% and United Arab Emirates is 13.47% , as per imports shipping bills filed with India Custom.
The imports statistics on left show Growth rate and average price of Petroleum Oil imports to the Iran, Saudi Arabia, United Arab Emirates, Angola, Kuwait 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, Mangalore Sea is the leading imports port for Petroleum Oil goods , It handled 99.99% of the country’s Petroleum Oil cargo. This port handled roughly US$ 1.8 Billion worth of imports in 2015.
comes seccond and it handled 0.01% of the country’s Petroleum Oil imports products. This port handled roughly US$ 109.7 Thousand worth of imports in 2015. Hazira comes third in the rank and it handled 0% of the country’s Petroleum Oil imports items. This port handled roughly US$ 65.9 Thousand worth of imports in 2015.
United Kingdom,United States Of America, and Japan were the most economical countries in terms of import duty rates for Petroleum Oil Import to India.
The duty rate of United Kingdom has been the lowest of about 0% ,United States Of America with 0% and Japan with 0% , as per import shipping bills filed with India Custom.
Importer's List | ||||
---|---|---|---|---|
Importer | Duty % | Country of Origin | ||
INDIAN ADDITIVES LIMITED | 0.29% | India | ||
R.L.KHANNA (GURGAON) | 74.02% | India |
It is seen that INDIAN ADDITIVES LIMITED and R.L.KHANNA (GURGAON) have been paying the least amount of duty of approximately 0.29 and 74.02 respectively.
As per Voleba Import Data bank, Madras Air port is the most economical import port for Petroleum Oil, It handled 0.29% of the Petroleum Oil cargo.
Madras Sea comes second and it allows 25.69% of duty on Petroleum Oil import products.
Ports | HsCode | Importer | Duty % |
---|---|---|---|
Madras Air | Petroleum Oil | INDIAN ADDITIVES LIMITED | 0.29% |
Madras Sea | Petroleum Oil | 25.69% | |
Jnpt | Petroleum Oil | R.L.KHANNA (GURGAON) | 74.02% |
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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.
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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