India - Base Metal Coated Electrodes For Electric Arc-Welding - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCoated Arc-Welding Electrode Price in India - 2023
Contents:
- Coated Arc-Welding Electrode Price in India (FOB) - 2023
- Coated Arc-Welding Electrode Price in India (CIF) - 2023
- Coated Arc-Welding Electrode Exports in India
- Coated Arc-Welding Electrode Imports in India
Coated Arc-Welding Electrode Price in India (FOB) - 2023
The average coated arc-welding electrode export price stood at $2,046 per ton in July 2023, approximately reflecting the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 23% month-to-month. The export price peaked at $2,706 per ton in December 2022; however, from January 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($8,562 per ton), while the average price for exports to Haiti ($1,047 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Coated Arc-Welding Electrode Price in India (CIF) - 2023
In July 2023, the average coated arc-welding electrode import price amounted to $8,583 per ton, growing by 9% against the previous month. Over the period under review, the import price saw a mild expansion. The growth pace was the most rapid in May 2023 an increase of 209% month-to-month. As a result, import price attained the peak level of $21,956 per ton. From June 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($20,840 per ton), while the price for Brazil ($4,253 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Coated Arc-Welding Electrode Exports in India
Coated arc-welding electrode exports from India rose sharply to 15K tons in 2022, increasing by 6% on the year before. Overall, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year.
In value terms, coated arc-welding electrode exports surged to $33M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.
Export of Coated Arc-Welding Electrode in India (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 5.6 | 3.1 | 4.0 | 3.8 | -12.1% |
Nigeria | 3.0 | 2.6 | 3.3 | 3.6 | 6.3% |
Brazil | 5.7 | 0.5 | 0.2 | 2.9 | -20.2% |
Nepal | 2.1 | 1.4 | 4.1 | 2.8 | 10.1% |
Russia | 0.1 | N/A | N/A | 1.8 | 162.1% |
United States | 0.9 | 1.0 | 1.5 | 1.7 | 23.6% |
Angola | 1.3 | 1.0 | 0.6 | 1.4 | 2.5% |
Tanzania | 0.4 | 0.2 | 0.6 | 1.2 | 44.2% |
Kenya | 1.1 | 0.9 | 0.6 | 1.2 | 2.9% |
Bangladesh | 0.5 | 0.3 | 0.7 | 0.9 | 21.6% |
Oman | 1.0 | 0.6 | 0.9 | 0.8 | -7.2% |
Bahrain | 0.6 | 0.3 | 0.2 | 0.7 | 5.3% |
Egypt | 0.4 | 0.3 | 0.6 | 0.7 | 20.5% |
Others | 10.2 | 6.0 | 7.9 | 9.9 | -1.0% |
Total | 32.9 | 18.4 | 25.2 | 33.5 | 0.6% |
Top Export Markets for Coated Arc-Welding Electrode from India in 2022:
- United Arab Emirates (2.2K tons)
- Nigeria (2.1K tons)
- Brazil (1.4K tons)
- Nepal (1.4K tons)
- Angola (0.8K tons)
- United States (0.6K tons)
- Bahrain (0.5K tons)
- Bangladesh (0.5K tons)
- Oman (0.5K tons)
- Egypt (0.4K tons)
- Tanzania (0.4K tons)
- Kenya (0.4K tons)
- Russia (0.3K tons)
Coated Arc-Welding Electrode Imports in India
In 2022, approx. 3.4K tons of coated base metal electrodes for electric arc-welding were imported into India; increasing by 12% compared with the year before. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, coated arc-welding electrode imports soared to $21M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Coated Arc-Welding Electrode in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.7 | 5.6 | 4.9 | 5.4 | 4.7% |
Germany | 2.4 | 1.2 | 1.1 | 4.0 | 18.6% |
China | 2.2 | 1.9 | 2.3 | 3.5 | 16.7% |
Japan | 0.8 | 0.9 | 0.6 | 1.3 | 17.6% |
Czech Republic | 0.7 | 0.9 | 1.3 | 0.7 | 0.0% |
Brazil | 0.7 | 0.6 | 0.6 | 0.6 | -5.0% |
Slovenia | 1.6 | 0.7 | N/A | 0.6 | -27.9% |
Austria | 1.3 | 0.5 | 2.4 | 0.5 | -27.3% |
Malaysia | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
Belgium | 1.0 | 0.5 | 0.7 | 0.2 | -41.5% |
Vietnam | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Others | 2.9 | 2.7 | 2.9 | 3.6 | 7.5% |
Total | 18.6 | 15.7 | 16.9 | 20.7 | 3.6% |
Top Suppliers of Coated Arc-Welding Electrode to India in 2022:
- United States (1022.8 tons)
- China (861.9 tons)
- Germany (666.3 tons)
- Austria (128.0 tons)
- Brazil (127.6 tons)
- Japan (116.2 tons)
- Slovenia (88.9 tons)
- Czech Republic (50.1 tons)
- Malaysia (43.8 tons)
- Vietnam (20.0 tons)
- Belgium (12.1 tons)
This report provides an in-depth analysis of the coated arc-welding electrode market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25931510 - Base metal coated electrodes for electric arc-welding
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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