T3 · Product exporter position

India exports of Steel, alloy: ingots and other primary forms (HS 722410)

See where India stands in steel, alloy: ingots and other primary forms: export scale, destination breadth, market position, growth, and reported trade history.

Exporter INDHS6 722410Latest year 2024Growing

Latest exports

$26.5MLatest observed lane total

Destination markets

23Reported active markets

Three-year growth

+7.2%Annualized change

Destination HHI

4,595Destination concentration

Weighted share

68.4%Reported market position

Exporter evidence

How strong is India in Steel, alloy: ingots and other primary forms?

Reported exporter totals and calculated indicators for HS 722410. Values retain their observed coverage period.

Exporter scale

Latest exports$26.5M
Current 2024 exports$6.5M
Three-year average$6.2M
Historical peak$187.4M

Market position

Active destinations23
Destination HHI4,595
Weighted share68.4%
Share change+61.9 pp

Competitiveness

Three-year growth+7.2%
Volatility1.1
Maximum drawdown30%
TrendGrowing
MeasureValueWhat it describes
ExporterIndiaCountry represented by this profile
Latest observed exports$26.5MSum of latest observed destination-lane values
Current 2024 exports$6.5MCommon-year comparison where reported
Three-year growth+7.2%Annualized change in exporter totals
Five-year growth+7.2%Annualized change in exporter totals
Leading destinationPHLDestination with the largest observed export value
Leading destination share66.1%Share of observed exporter totals
Destination concentration4,595HHI across destination markets
Weighted share change+61.9 ppValue-weighted latest change in market share
Limited-history lanes57%Share of lanes with shorter history

Destination markets

Where does India sell steel, alloy: ingots and other primary forms?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Japan$2.9M5.4%+32.9%FTA reportedAccelerating
China$2.2M3.7%+29.6%0.3% tariffAccelerating
Taiwan$895.1K3%+9.8%Not reportedAccelerating
Spain$368.8K1.2%+331.4%0% tariffAccelerating
Romania$150.0K1.6%+0%0.2% tariffDeclining

Destination

Japan

Latest exports
$2.9M
Market share
5.4%
Growth
+32.9%
Access
FTA reported
Signal
Accelerating

Destination

China

Latest exports
$2.2M
Market share
3.7%
Growth
+29.6%
Access
0.3% tariff
Signal
Accelerating

Destination

Taiwan

Latest exports
$895.1K
Market share
3%
Growth
+9.8%
Access
Not reported
Signal
Accelerating

Destination

Spain

Latest exports
$368.8K
Market share
1.2%
Growth
+331.4%
Access
0% tariff
Signal
Accelerating

Destination

Romania

Latest exports
$150.0K
Market share
1.6%
Growth
+0%
Access
0.2% tariff
Signal
Declining

Price intelligence

How does India's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Sierra Leone: $134.6K / ton.

Lowest reported price

Saudi Arabia: $523.4 / ton.

Median price

$3.7K / ton across reported markets.

Export trend

Reported export history

Annual observations for India and HS 722410 where available.

YearExportsYear-on-year changeActive destinations
2010$2.5M+152.8%18
2011$81.0M+3,175%21
2012$1.9M-97.7%18
2013$13.9M+632.7%17
2014$9.5M-31.6%21
2015$1.0M-89.1%15
2016$910.1K-12%14
2017$3.6M+296%20
2018$9.5M+162.8%28
2019$4.6M-51.3%21
2020$2.6M-43.7%20
2021$5.3M+104%17
2022$5.3M+0.2%21
2023$6.7M+26.6%24
2024$6.5M-2.9%23

Exporter context

India economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 722410.

India has reported exports of $434.2B and a trade balance of -$221.5B in 2024.

Available structural indicators include 24.9% trade openness, 35.7% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about India steel, alloy: ingots and other primary forms exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.