Please scroll to Know how can you grow your profits by 25% or more in Frankincense Exports
Frankincense export has seen a growth of about -63% in the month of Dec-2015 when compared to Nov-2015 withapprox US XX.X billion of export reported by Indian Custom Export Shipment database.
Total export of Frankincense, stood at XX.X billion in 2015.In 2015, export of Frankincense increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Frankincense : Based on export statistics of past few months, Frankincense exports is expected to increase in size to US$XX.X billion by Jan 2016
Exports Analysis of Prices of Frankincense Dec 2015 show that fastest groiwing price band is US$ 0.0-501.25 for Frankincense and market has a preference for price range between US$ 0.0-501.25 per ton.
The highest number of quantity was 17.9 Thousand in the price band US$ 0.0-501.25, the second highest quantity came under the price band US$ 4509.33-5011.0 with 0.5.
For a Accurate analysis , order a Latest Paid report with STD Unit of Quantity with Voleba, Indias trusted export import data provider.
Prices of Frankincense have fluctuated between $ 0.24 to $ 5,010.34, during the month of Nov-2015. For a Complete Price trend of a larger period , please order a paid report.
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As per Global Buyers Directory compiled from global Frankincense Import data, there are total 2 buyers of Frankincense. Maximum of them fall in price band of $ 26.0-38.66.
Price band wise count of Frankincense Importers is given in the left chart. Order a Frankincense's Importers Directory for complete information.
As per Global buyer's Directory compiled from global Frankincense exports data , there are total 30 Exporters of Frankincense. Maximum of them fall in price band of $ 0.0-353.36.
Price band wise count of Frankincense Exporters is given in the left chart. Order a Frankincense Exporters Directory for complete information.
Voleba Qualified team collects information for all over the world to complie latest information on Frankincense Exporters, Buyers, Countries.
In India export Data, saw the entry of 2 new exporters setting foot in the Frankincense exports.
Exporters | Importers | Port | Countries | |
---|---|---|---|---|
New | 27 | 2 | - | - |
Total | 30 | 2 | - | - |
In Dec 2015, import of Frankincense to France was most profitable ,followed by Germany and Myanmar . The above charts shows quantum of Export of Frankincense at various price points to different countries.
France Average Prices for Frankincense is $ 0.76 ,Germany is $ 0.98 and Myanmar is $ 1.12.
For accurate price analysis, order a latest report with STD quantity.
United States Of America, Canada, United Kingdom were the leading Importers of Frankincense from India with a market share of 86.306% with a exports value of US$ 155.7 Thousand as per exports details released by India Custom export Database.
United States Of America has a market share with 43.875% , followed by Canada with 36.811% and United Kingdom with 5.619%
Forecast : The UAE most likely will continue to remain India's top exports destination by 2017, China is emerging as the second largest imports market leaders , as per the exports details.
Import Export statistics | ||||
---|---|---|---|---|
Country | Growth Rate | Export Value | Avg Price | Profit Margin |
United States Of America | 43.875% | |||
Canada | 36.811% | |||
United Kingdom | 5.619% | |||
Hong Kong | 3.31% | |||
Oman | 1.978% |
United States Of America, Canada, United Kingdom, Hong Kong, Oman were the fastest growing Importers of Frankincense from India The growth rate of United States Of America is 43.875% , Canada is 36.811% and United Kingdom is 5.619% , as per imports shipping bills filed with India Custom.
The exports statistics on left show Growth rate and average price of Frankincense exports to the United States Of America, Canada, United Kingdom, Hong Kong, Oman as of Dec 2015.
Forecast : The UAE most likely will continue to remain India's top exports destination by 2017, China is emerging as the second largest exports market leaders , as per the imports details.
As per Voleba export Data bank, Jnpt is the leading exports port for Frankincense goods , It handled 42.025% of the country’s Frankincense cargo. This port handled roughly US$ 75.8 Thousand worth of exports in 2015.
Delhi Air comes seccond and it handled 27.973% of the country’s Frankincense exports products. This port handled roughly US$ 50.5 Thousand worth of exports in 2015. Bombay Air comes third in the rank and it handled 10.158% of the country’s Frankincense exports items. This port handled roughly US$ 18.3 Thousand worth of exports in 2015.
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Due to Voleba reports, We were able to reduce our import duty by 30%. This had a huge direct impact on our profit margins.
Due to Voleba reports, We were able to reduce our import duty by 30%. This had a huge direct impact on our profit margins.
"Thanks to Voleba, my profits have gone up by 40%, I now focus on importing products with high margins and high volumes. Best part is Reports just take 5 minutes every month to consume.
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