Please scroll to Know how can you grow your profits by 25% or more in Synthetic Iron Imports
Synthetic Iron import has seen a growth of about -21% 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 Synthetic Iron, stood at XX.X billion in 2015.In 2015, imports of Synthetic Iron increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Synthetic Iron : Based on import statistics of past few months, Synthetic Iron imports is expected to increase in size to US$XX.X billion by Jan 2016
Imports Analysis of Prices of Synthetic Iron Dec 2015 show that fastest groiwing price band is US$ 0.0-149.95 for Synthetic Iron and market has a preference for price range between US$ 0.0-149.95 per ton.
The highest number of quantity was 850.1 Thousand in the price band US$ 0.0-149.95 , the second highest quantity came under the price band US$ 1342.68-1492.0 with 67.0.
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Prices of Synthetic Iron have fluctuated between $ 0.86 to $ 1,491.77, 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 Synthetic Iron Import data, there are total 10 buyers of Synthetic Iron. Maximum of them fall in price band of $ 0.0-149.95.
Price band wise count of Synthetic Iron Importers is given in the left chart. Order a Synthetic Iron's Importers Directory for complete information.
Voleba Qualified team collects information for all over the world to complie latest information on Synthetic Iron Exporters, Buyers, Countries.
In India import Data, saw the entry of 8 new importers setting foot in the Synthetic Iron imports.
Exporters | Importers | Port | Countries | |
---|---|---|---|---|
New | 3 | 8 | - | - |
Total | 3 | 10 | - | - |
In Dec 2015, import of Synthetic Iron to Italy was most profitable ,followed by Germany and China . The above charts shows quantum of import of Synthetic Iron at various price points to different countries.
Italy Average Prices for Synthetic Iron is $ 1.67 ,Germany is $ 1.3 Thousand and China is $ 30.8 Thousand.
For accurate price analysis, order a latest report with STD quantity.
China, Germany, Italy were the leading Exporters of Synthetic Iron to India with a market share of 100% with a import value of US$ 1,109,959.4 as per imports details released by India Custom import Database.
China has a market share with 61.07% , followed by Germany with 38.92% and Italy with 0.01%
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 |
China | 61.07% | |||
Germany | 38.92% | |||
Italy | 0.01% |
China, Germany, Italy were the fastest growing Exporters of Synthetic Iron to India The growth rate of China is 61.07% , Germany is 38.92% and Italy is 0.01% , as per imports shipping bills filed with India Custom.
The imports statistics on left show Growth rate and average price of Synthetic Iron imports to the China, Germany, Italy 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, Jnpt is the leading imports port for Synthetic Iron goods , It handled 45.72% of the country’s Synthetic Iron cargo. This port handled roughly US$ 507.5 Thousand worth of imports in 2015.
Cochin Sea comes seccond and it handled 18.35% of the country’s Synthetic Iron imports products. This port handled roughly US$ 203.6 Thousand worth of imports in 2015. Calcutta Sea comes third in the rank and it handled 15.68% of the country’s Synthetic Iron imports items. This port handled roughly US$ 174.0 Thousand worth of imports in 2015.
Italy,Germany, and China were the most economical countries in terms of import duty rates for Synthetic Iron Import to India.
The duty rate of Italy has been the lowest of about 0.02% ,Germany with 38.89% and China with 61.09% , as per import shipping bills filed with India Custom.
Importer's List | ||||
---|---|---|---|---|
Importer | Duty % | Country of Origin | ||
BASF COATINGS PRIVATE LIMITED | 0.42% | India | ||
M. K. INGREDIENTS & SPECIALITIES | 0.61% | India |
It is seen that BASF COATINGS PRIVATE LIMITED and M. K. INGREDIENTS & SPECIALITIES have been paying the least amount of duty of approximately 0.42 and 0.61 respectively.
As per Voleba Import Data bank, Madras Sea port is the most economical import port for Synthetic Iron, It handled 6.82% of the Synthetic Iron cargo.
Bombay Sea comes second and it allows 9.43% of duty on Synthetic Iron import products.
Ports | HsCode | Importer | Duty % |
---|---|---|---|
Madras Sea | Synthetic Iron | STAHL INDIA PVT LTD | 6.82% |
Bombay Sea | Synthetic Iron | ASIAN PAINTS LTD. | 9.43% |
Calcutta Sea | Synthetic Iron | AKZO NOBEL INDIA LIMITED | 13.41% |
Bombay Air | Synthetic Iron | BASF COATINGS PRIVATE LIMITED | 13.45% |
Jnpt | Synthetic Iron | ASIAN PAINTS LTD. | 56.88% |
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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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