India: Modelling Pastes Market 2024

Modelling Pastes Market Size in India

The Indian modelling pastes market expanded sharply to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. Modelling pastes consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Modelling Pastes Production in India

In value terms, modelling pastes production expanded modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Modelling Pastes Exports

Exports from India

In 2022, approx. X tons of modelling pastes, dental wax and dental impression compounds were exported from India; increasing by X% against the previous year's figure. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, modelling pastes exports fell to $X in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

The United States (X tons) was the main destination for modelling pastes exports from India, with a X% share of total exports. Moreover, modelling pastes exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. Bangladesh (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Bangladesh (X% per year).

In value terms, the United States ($X), the United Arab Emirates ($X) and Belgium ($X) constituted the largest markets for modelling pastes exported from India worldwide, together comprising X% of total exports. Turkey, Bangladesh, Nepal, Vietnam, Peru, Malaysia, the UK and Spain lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average modelling pastes export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Modelling Pastes Imports

Imports into India

In 2022, the amount of modelling pastes, dental wax and dental impression compounds imported into India skyrocketed to X tons, with an increase of X% compared with 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, modelling pastes imports surged to $X in 2022. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Thailand (X tons) and Italy (X tons) were the main suppliers of modelling pastes imports to India, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and Italy ($X) were the largest modelling pastes suppliers to India, with a combined X% share of total imports.

In terms of the main suppliers, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average modelling pastes import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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