Please scroll to Know how can you grow your profits by 25% or more in Wheel Balancing Imports
Wheel Balancing import has seen a growth of about 249% 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 Wheel Balancing, stood at XX.X billion in 2015.In 2015, imports of Wheel Balancing increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Wheel Balancing : Based on import statistics of past few months, Wheel Balancing imports is expected to increase in size to US$XX.X billion by Jan 2016
Imports Analysis of Prices of Wheel Balancing Dec 2015 show that fastest groiwing price band is US$ 0.0-1725.7 for Wheel Balancing and market has a preference for price range between US$ 0.0-1725.7 per ton.
The highest number of quantity was 17.1 Thousand in the price band US$ 0.0-1725.7 , the second highest quantity came under the price band US$ 1725.7-3451.07 with 1.0.
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Prices of Wheel Balancing have fluctuated between $ 0.33 to $ 17,254.02, 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 Wheel Balancing Import data, there are total 10 buyers of Wheel Balancing. Maximum of them fall in price band of $ 2.0-1726.72.
Price band wise count of Wheel Balancing Importers is given in the left chart. Order a Wheel Balancing's Importers Directory for complete information.
Voleba Qualified team collects information for all over the world to complie latest information on Wheel Balancing Exporters, Buyers, Countries.
In India import Data, saw the entry of 9 new importers setting foot in the Wheel Balancing imports.
Exporters | Importers | Port | Countries | |
---|---|---|---|---|
New | 3 | 9 | - | - |
Total | 4 | 10 | - | - |
In Dec 2015, import of Wheel Balancing to Taiwan was most profitable ,followed by Republic Of Korea and Italy . The above charts shows quantum of import of Wheel Balancing at various price points to different countries.
Taiwan Average Prices for Wheel Balancing is $ 2.89 ,Republic Of Korea is $ 218.83 and Italy is $ 2.3 Thousand.
For accurate price analysis, order a latest report with STD quantity.
United States Of America, Republic Of Korea, Germany were the leading Exporters of Wheel Balancing to India with a market share of 92.91% with a import value of US$ 202,062.68 as per imports details released by India Custom import Database.
United States Of America has a market share with 76.26% , followed by Republic Of Korea with 10.06% and Germany with 6.6%
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 |
United States Of America | 76.26% | |||
Republic Of Korea | 10.06% | |||
Germany | 6.6% | |||
China | 4.96% | |||
Italy | 2.11% |
United States Of America, Republic Of Korea, Germany, China, Italy were the fastest growing Exporters of Wheel Balancing to India The growth rate of United States Of America is 76.26% , Republic Of Korea is 10.06% and Germany is 6.6% , as per imports shipping bills filed with India Custom.
The imports statistics on left show Growth rate and average price of Wheel Balancing imports to the United States Of America, Republic Of Korea, Germany, China, 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, Madras Sea is the leading imports port for Wheel Balancing goods , It handled 68.28% of the country’s Wheel Balancing cargo. This port handled roughly US$ 148.5 Thousand worth of imports in 2015.
Delhi Air comes seccond and it handled 13.69% of the country’s Wheel Balancing imports products. This port handled roughly US$ 29.8 Thousand worth of imports in 2015. Bangalore Air comes third in the rank and it handled 7.98% of the country’s Wheel Balancing imports items. This port handled roughly US$ 17.4 Thousand worth of imports in 2015.
Taiwan,Italy, and China were the most economical countries in terms of import duty rates for Wheel Balancing Import to India.
The duty rate of Taiwan has been the lowest of about 0.01% ,Italy with 2.05% and China with 4.63% , as per import shipping bills filed with India Custom.
Importer's List | ||||
---|---|---|---|---|
Importer | Duty % | Country of Origin | ||
HI-TECH CNC MARKETING & SERVICES | 12.44% | India | ||
HYUNDAI MOTOR INDIA LTD. | 22.9% | India |
It is seen that HI-TECH CNC MARKETING & SERVICES and HYUNDAI MOTOR INDIA LTD. have been paying the least amount of duty of approximately 12.44 and 22.9 respectively.
As per Voleba Import Data bank, Delhi Tkd Icd port is the most economical import port for Wheel Balancing, It handled 41.3% of the Wheel Balancing cargo.
Madras Sea comes second and it allows 58.7% of duty on Wheel Balancing import products.
Ports | HsCode | Importer | Duty % |
---|---|---|---|
Delhi Tkd Icd | Wheel Balancing | PRECISION TESTING MACHINES PVT.LTD | 41.3% |
Madras Sea | Wheel Balancing | HI-TECH CNC MARKETING & SERVICES | 58.7% |
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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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