Please scroll to Know how can you grow your profits by 25% or more in Teak Imports
Teak import has seen a growth of about 144% 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 Teak, stood at XX.X billion in 2018.In 2018, imports of Teak increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Teak : Based on import statistics of past few months, Teak imports is expected to increase in size to US$XX.X billion by Jan 2019
Imports Analysis of Prices of Teak Mar 2018 show that fastest groiwing price band is US$ 0.0-4.95 for Teak and market has a preference for price range between US$ 0.0-4.95.
The highest number of quantity was 14.8 Million in the price band US$ 0.0-4.95 , the second highest quantity came under the price band US$ 14.62-19.46 with 278.0.
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Prices of Teak have fluctuated between $ 0.111 to $ 48.484, 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 Teak to Taiwan was most profitable ,followed by Indonesia and Brazil . The above charts shows quantum of import of Teak at various price points to different countries.
Taiwan Average Prices for Teak is $ 55.73 ,Indonesia is $ 49.46 and Brazil is $ 11.08.
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Indonesia, Laos, Brazil were the leading Exporters of Teak to China with a market share of 55.7% with a import value of US$ 5.2 Million as per imports details released by China Custom import Database.
Indonesia has a market share with 25.11% , followed by Laos with 19.02% and Brazil with 11.58%
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 |
Indonesia | 25.11% | |||
Laos | 19.02% | |||
Brazil | 11.58% | |||
Costa Rica | 7.61% | |||
Benin | 6.54% |
Indonesia, Laos, Brazil, Costa Rica, Benin were the fastest growing Exporters of Teak to China The growth rate of Indonesia is 25.11% , Laos is 19.02% and Brazil is 11.58% , as per imports shipping bills filed with China Custom.
The imports statistics on left show Growth rate and average price of Teak imports to the Indonesia, Laos, Brazil, Costa Rica, Benin 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 Teak goods , It handled 35.23% of the country’s Teak cargo. This port handled roughly US$ 3.3 Million worth of imports in 2,017.
Kunming comes seccond and it handled 19.14% of the country’s Teak imports products. This port handled roughly US$ 1.8 Million worth of imports in 2,017. Huangpu comes third in the rank and it handled 17.03% of the country’s Teak imports items. This port handled roughly US$ 1.6 Million worth of imports in 2,017.
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