Please scroll to Know how can you grow your profits by 25% or more in Formic Imports
Formic import has seen a growth of about 175% in the month of Mar-2018 when compared to Feb-2018 withapprox US XX.X billion of imports reported by China Custom Import Shipment database.
Total imports of Formic, stood at XX.X billion in 2018.In 2018, imports of Formic increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Formic : Based on import statistics of past few months, Formic imports is expected to increase in size to US$XX.X billion by Jan 2019
Imports Analysis of Prices of Formic Mar 2018 show that fastest groiwing price band is US$ 0.0-911.43 for Formic and market has a preference for price range between US$ 0.0-911.43.
The highest number of quantity was 947.7 Thousand in the price band US$ 0.0-911.43 , the second highest quantity came under the price band US$ 911.43-1822.38 with 19.0.
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Prices of Formic have fluctuated between $ 0.475 to $ 9,110, during the month of Feb-2018. For a Complete Price trend of a larger period , please order a paid report.
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In Mar 2018, import of Formic to United States was most profitable ,followed by Spain and India . The above charts shows quantum of import of Formic at various price points to different countries.
United States Average Prices for Formic is $ 14.5 Thousand ,Spain is $ 8.0 Thousand and India is $ 4.1 Thousand.
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Sweden, Germany, Norway were the leading Exporters of Formic to China with a market share of 55.11% with a import value of US$ 709.0 Thousand as per imports details released by China Custom import Database.
Sweden has a market share with 22.85% , followed by Germany with 16.48% and Norway with 15.77%
Forecast : The UAE most likely will continue to remain China'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 |
Sweden | 22.85% | |||
Germany | 16.48% | |||
Norway | 15.77% | |||
Japan | 13.11% | |||
Italy | 7.29% |
Sweden, Germany, Norway, Japan, Italy were the fastest growing Exporters of Formic to China The growth rate of Sweden is 22.85% , Germany is 16.48% and Norway is 15.77% , as per imports shipping bills filed with China Custom.
The imports statistics on left show Growth rate and average price of Formic imports to the Sweden, Germany, Norway, Japan, Italy as of Mar 2018.
Forecast : The UAE most likely will continue to remain China'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, Shanghai is the leading imports port for Formic goods , It handled 39.12% of the country’s Formic cargo. This port handled roughly US$ 503.3 Thousand worth of imports in 2,017.
Qingdao comes seccond and it handled 17.54% of the country’s Formic imports products. This port handled roughly US$ 225.7 Thousand worth of imports in 2,017. Guangzhou comes third in the rank and it handled 10.6% of the country’s Formic imports items. This port handled roughly US$ 136.3 Thousand worth of imports in 2,017.
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