Please scroll to Know how can you grow your profits by 25% or more in Wire Rod Imports
Wire Rod import has seen a growth of about -14% 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 Wire Rod, stood at XX.X billion in 2015.In 2015, imports of Wire Rod increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Wire Rod : Based on import statistics of past few months, Wire Rod imports is expected to increase in size to US$XX.X billion by Jan 2016
Imports Analysis of Prices of Wire Rod Dec 2015 show that fastest groiwing price band is US$ 0.0-4900.88 for Wire Rod and market has a preference for price range between US$ 0.0-4900.88 per ton.
The highest number of quantity was 20.4 Million in the price band US$ 0.0-4900.88 , the second highest quantity came under the price band US$ 4900.88-9801.76 with 5.5 Thousand.
For a Accurate analysis , order a Latest Paid report with STD Unit of Quantity with Voleba, Indias trusted imports import data provider.
Prices of Wire Rod have fluctuated between $ 0 to $ 49,008.79, 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 buyer's Directory compiled from global Wire Rod exports data , there are total 28 Exporters of Wire Rod. Maximum of them fall in price band of $ 0.0-4222.01.
Price band wise count of Wire Rod Exporters is given in the left chart. Order a Wire Rod Exporters Directory for complete information.
As per Global Importers Directory compiled from global Wire Rod Import data, there are total 174 buyers of Wire Rod. Maximum of them fall in price band of $ 0.0-4941.29.
Price band wise count of Wire Rod Importers is given in the left chart. Order a Wire Rod's Importers Directory for complete information.
Voleba Qualified team collects information for all over the world to complie latest information on Wire Rod Exporters, Buyers, Countries.
In India import Data, saw the entry of 159 new importers setting foot in the Wire Rod imports.
Exporters | Importers | Port | Countries | |
---|---|---|---|---|
New | 27 | 159 | - | - |
Total | 28 | 174 | - | - |
In Dec 2015, import of Wire Rod to Bahrain was most profitable ,followed by Switzerland and Hong Kong . The above charts shows quantum of import of Wire Rod at various price points to different countries.
Bahrain Average Prices for Wire Rod is $ 1.76 ,Switzerland is $ 3.02 and Hong Kong is $ 3.52.
For accurate price analysis, order a latest report with STD quantity.
China, United Arab Emirates, Japan were the leading Exporters of Wire Rod to India with a market share of 77.86% with a import value of US$ 107,913,148.81 as per imports details released by India Custom import Database.
China has a market share with 43.33% , followed by United Arab Emirates with 28.31% and Japan with 6.21%
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 | 43.33% | |||
United Arab Emirates | 28.31% | |||
Japan | 6.21% | |||
Malaysia | 5.77% | |||
Russian Federation | 4.68% |
China, United Arab Emirates, Japan, Malaysia, Russian Federation were the fastest growing Exporters of Wire Rod to India The growth rate of China is 43.33% , United Arab Emirates is 28.31% and Japan is 6.21% , as per imports shipping bills filed with India Custom.
The imports statistics on left show Growth rate and average price of Wire Rod imports to the China, United Arab Emirates, Japan, Malaysia, Russian Federation 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, Bombay Sea is the leading imports port for Wire Rod goods , It handled 26.34% of the country’s Wire Rod cargo. This port handled roughly US$ 36.5 Million worth of imports in 2015.
Jnpt comes seccond and it handled 21.74% of the country’s Wire Rod imports products. This port handled roughly US$ 30.1 Million worth of imports in 2015. Delhi Tkd Icd comes third in the rank and it handled 9.26% of the country’s Wire Rod imports items. This port handled roughly US$ 12.8 Million worth of imports in 2015.
Switzerland,Mauritius, and Hong Kong were the most economical countries in terms of import duty rates for Wire Rod Import to India.
The duty rate of Switzerland has been the lowest of about 0% ,Mauritius with 0% and Hong Kong with 0.01% , as per import shipping bills filed with India Custom.
Importer's List | ||||
---|---|---|---|---|
Importer | Duty % | Country of Origin | ||
JINDAL ALUMINIUM LTD | 0% | India | ||
MANAKSIA LTD.( FORMERLY HINDUSTHAN SEALS LTD.) | 0.03% | India |
It is seen that JINDAL ALUMINIUM LTD and MANAKSIA LTD.( FORMERLY HINDUSTHAN SEALS LTD.) have been paying the least amount of duty of approximately 0 and 0.03 respectively.
As per Voleba Import Data bank, Bombay Sea port is the most economical import port for Wire Rod, It handled 1.42% of the Wire Rod cargo.
Calcutta Sea comes second and it allows 1.82% of duty on Wire Rod import products.
Ports | HsCode | Importer | Duty % |
---|---|---|---|
Bombay Sea | Wire Rod | MANHAR METAL SUPPLY CORPORATION | 1.42% |
Calcutta Sea | Wire Rod | MANAKSIA LTD.( FORMERLY HINDUSTHAN SEALS LTD.) | 1.82% |
Delhi Tkd Icd | Wire Rod | R.L.KHANNA (GURGAON) | 5.85% |
Jnpt | Wire Rod | NRB BEARINGS LIMITED | 28.21% |
Madras Sea | Wire Rod | JINDAL ALUMINIUM LTD | 62.71% |
"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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