India - Safety Fuses, Detonating Fuses And Electric Detonators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFuse and Detonator Price in India - 2023
Contents:
- Fuse and Detonator Price in India (FOB) - 2023
- Fuse and Detonator Price in India (CIF) - 2022
- Fuse and Detonator Exports in India
- Fuse and Detonator Imports in India
Fuse and Detonator Price in India (FOB) - 2023
In September 2023, the average fuse and detonator export price amounted to $12,467 per ton, therefore, remained relatively stable against the previous month. In general, the export price recorded modest growth. The most prominent rate of growth was recorded in March 2023 an increase of 24% against the previous month. As a result, the export price reached the peak level of $14,820 per ton. From April 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Mozambique ($24,406 per ton), while the average price for exports to Saudi Arabia ($6,482 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Fuse and Detonator Price in India (CIF) - 2022
The average fuse and detonator import price stood at $69,406 per ton in 2022, growing by 34% against the previous year. Overall, the import price saw prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 63%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($181,971 per ton), while the price for Poland ($18,341 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Fuse and Detonator Exports in India
In 2022, shipments abroad of safety fuses, detonating fuses and electric detonators decreased by -1.2% to 4.6K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.5% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 39%.
In value terms, fuse and detonator exports reduced modestly to $46M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 39%. As a result, the exports attained the peak of $46M, leveling off in the following year.
Export of Fuse and Detonator in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 4.2 | 4.9 | 7.8 | 8.1 | 24.5% |
South Africa | 3.5 | 3.2 | 6.9 | 7.2 | 27.2% |
Zambia | 2.2 | 2.0 | 3.6 | 3.8 | 20.0% |
Tanzania | 1.0 | 2.3 | 2.9 | 3.0 | 44.2% |
Nigeria | 1.6 | 3.0 | 2.9 | 3.0 | 23.3% |
Philippines | 1.8 | 2.0 | 2.8 | 2.9 | 17.2% |
Indonesia | 1.4 | 1.4 | 1.9 | 2.0 | 12.6% |
United Arab Emirates | 1.0 | 1.4 | 1.8 | 1.9 | 23.9% |
Australia | 0.4 | 1.2 | 1.3 | 1.4 | 51.8% |
Nepal | 1.1 | 1.1 | 1.3 | 1.4 | 8.4% |
Djibouti | 0.6 | 1.3 | 1.2 | 1.3 | 29.4% |
Egypt | 0.5 | 0.2 | 1.1 | 1.1 | 30.1% |
Jordan | 0.6 | 0.5 | 0.7 | 0.8 | 10.1% |
Others | 8.5 | 8.6 | 9.6 | 8.0 | -2.0% |
Total | 28.2 | 33.0 | 46.0 | 45.8 | 17.5% |
Top Export Markets for Fuse and Detonator from India in 2022:
- Turkey (649.9 tons)
- United Arab Emirates (632.7 tons)
- South Africa (537.1 tons)
- Tanzania (336.8 tons)
- Nepal (336.3 tons)
- Zambia (270.1 tons)
- Nigeria (204.5 tons)
- Indonesia (197.1 tons)
- Egypt (193.3 tons)
- Philippines (190.5 tons)
- Jordan (158.1 tons)
- Australia (149.8 tons)
- Djibouti (145.1 tons)
Fuse and Detonator Imports in India
In 2022, overseas purchases of safety fuses, detonating fuses and electric detonators decreased by -14.8% to 49 tons, falling for the second year in a row after two years of growth. Overall, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 28%. As a result, imports attained the peak of 115 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fuse and detonator imports expanded significantly to $3.4M in 2022. The total import value increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 47%. As a result, imports attained the peak of $3.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Fuse and Detonator in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 1,569 | 1,747 | 1,525 | 1,894 | 6.5% |
United States | 619 | 709 | 516 | 719 | 5.1% |
Germany | 11.5 | 689 | 148 | 329 | 205.8% |
Russia | 51.8 | 216 | 204 | 255 | 70.1% |
Poland | 142 | 247 | 146 | 209 | 13.8% |
Others | 94.4 | 50.4 | 454 | 20.7 | -39.7% |
Total | 2,488 | 3,658 | 2,993 | 3,426 | 11.3% |
Top Suppliers of Fuse and Detonator to India in 2022:
- Canada (21.6 tons)
- Poland (11.4 tons)
- Russia (8.6 tons)
- United States (4.0 tons)
- Germany (3.4 tons)
This report provides an in-depth analysis of the fuse and detonator 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 20511250 - Safety fuses, detonating fuses
- Prodcom 20511270 - Percussion or detonating caps, igniters and electric detonators
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
-
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
This report provides an in-depth analysis of the fuse and detonator market in India.
This report provides an in-depth analysis of the global fuse and detonator market.
This report provides an in-depth analysis of the fuse and detonator market in India.
This report provides an in-depth analysis of the global fuse and detonator market.
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