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India - Pliers, Pincers And Tweezers For Nonmedical Use - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

India - Pliers, Pincers And Tweezers For Nonmedical Use - Market Analysis, Forecast, Size, Trends And Insights

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Apr 28, 2023

Price of Pliers and Pincers in India Increases Significantly to $6,434 per Ton

India Pliers And Pincers Export Price in November 2022

In November 2022, the pliers and pincers price stood at $6,434 per ton (FOB, India), jumping by 23% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 when the average export price increased by 28% month-to-month. The export price peaked at $7,224 per ton in July 2022; however, from August 2022 to November 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($13,896 per ton), while the average price for exports to Nigeria ($2,132 per ton) was amongst the lowest.

From November 2021 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYNov 2021Dec 2021Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022
Export Price of Pliers And Pincers in India (USD per ton)
United States14,92212,97911,02212,70414,46812,47213,05311,50314,43714,07214,19018,03013,896
Germany4,5704,9325,1425,3184,6015,6206,0195,0254,9717,6724,0477,4227,355
France3,5443,1986,0553,6524,1123,6803,8254,0894,8053,2357,1225,7546,766
Thailand1,8234,05623,0622,4032,7066,3339,0759,4455,9682,9033,7762,4296,567
LatviaN/A4,452N/AN/A3,7234,5033,7415,1034,8967,557N/A4,1094,890
United Arab Emirates3,6962,7703,1273,6222,8112,7582,7533,4272,6813,6662,6902,3514,669
Brazil3,8994,2334,2354,2494,3803,7533,4513,8783,7154,6833,7983,7754,646
Russia5,9664,3675,9925,8815,8943,5085,3815,8824,1265,0994,3834,8154,592
Italy4,4563,5147,7417,8264,6656,2804,1515,0675,9874,99613,6044,1724,465
MoroccoN/A5,198N/A9,5582,3612,9593,3092,20412,9172,4872,8182,4872,734
Nigeria2,3302,1382,3942,2432,4082,1752,6362,6822,3922,5262,3472,0832,132
Average6,0465,1976,6526,2845,7096,1895,9146,1047,2246,4176,0315,2216,434

India Pliers And Pincers Exports

In November 2022, the amount of pliers, pincers and tweezers for nonmedical use exported from India reached 497 tons, surging by 14% compared with October 2022. The total export volume increased at an average monthly rate of +2.2% over the period from November 2021 to November 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in December 2021 when exports increased by 55% m-o-m. As a result, the exports attained the peak of 592 tons. From January 2022 to November 2022, the growth of the exports remained at a lower figure.

In value terms, pliers and pincers exports surged to $3.2M (IndexBox estimates) in November 2022. The total export value increased at an average monthly rate of +2.8% over the period from November 2021 to November 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

India Pliers And Pincers Exports by Country

Brazil (108 tons), the United States (81 tons) and the United Arab Emirates (54 tons) were the main destinations of pliers and pincers exports from India, with a combined 49% share of total exports. These countries were followed by Russia, France, Morocco, Thailand, Italy, Latvia, Germany and Nigeria, which together accounted for a further 38%.

From November 2021 to November 2022, the biggest increases were in France (with a CAGR of +24.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($1.1M) remains the key foreign market for pliers and pincers exports from India, comprising 35% of total exports. The second position in the ranking was taken by Brazil ($501K), with a 16% share of total exports. It was followed by France, with a 9.5% share.

From November 2021 to November 2022, the average monthly growth rate of value to the United States totaled +1.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Brazil (+6.8% per month) and France (+31.8% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pliers and pincers 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 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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