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researchspage · 1 year ago
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market-reports90 · 2 years ago
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The recent developments in the form of exoskeletons to provide body support to physically disabled and traumatized patients are driving the growth of the neurorobotics segment. However, the Lack of effective training modalities for robotic devices is one of the major factors that is said to reduce the growth of the Neurorehabilitation Devices Market.
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exportimportdata13 · 8 days ago
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The Rising Export Market of Jaggery from India: Insights and Opportunities (2023-24)
Jaggery, a traditional unrefined sugar derived from sugarcane or palm sap, has long held a significant place in Indian culture, praised for its nutritional and medicinal benefits. This article explores India's jaggery export landscape for 2023-24, including key statistics, top exporters, market size, and HS codes, shedding light on why this sweetener has become a highly valued export product.
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Introduction to Jaggery: An Indian Heritage Product
Jaggery, also known as gur in Hindi, has been a staple in Indian cuisine and Ayurveda for centuries. Unlike refined sugar, jaggery is rich in vitamins and minerals, making it a healthier alternative that has found increasing popularity worldwide. Approximately 55% of the world's jaggery is produced in India, highlighting the country's dominance in this industry. Tamil Nadu and Uttar Pradesh are the largest jaggery-producing states, contributing significantly to India’s agricultural economy. Colombia, the second-largest producer, accounts for only 11% of global production, underscoring India’s unparalleled position.
Jaggery Export Data for 2023-24: Key Figures
In the fiscal year 2023-24, India exported a staggering 516,746.10 metric tons (MT) of jaggery and confectionery products, valued at Rs. 3,570.77 crores (430.88 million USD). These exports reached a wide range of markets, including the United States, Indonesia, Kenya, the UAE, and Nepal. Notably, February 2024 saw a significant spike in exports, with 1,886 shipments representing a 22% year-over-year increase from February 2023 and a 26% growth from the previous month.
Export Performance and Market Growth
According to updated data, India recorded a total of 15,924 jaggery shipments between March 2023 and February 2024. These shipments were executed by 1,241 exporters and received by 2,969 importers worldwide. This marked a 12% increase in shipments compared to the previous year, indicating the growing global demand for Indian jaggery.
Australia, the UAE, and the United States are among the top import markets for Indian jaggery, reflecting the product's widespread appeal. Additionally, India remains the world’s largest jaggery exporter, with 106,108 global shipments, far surpassing competitors like Sri Lanka (3,005 shipments) and Vietnam (621 shipments).
Top Jaggery Exporters in India
Several companies have established themselves as leading exporters of jaggery from India. Here is a list of top exporters making a mark in the global market:
Royaldivine Produce Products LLP
Krishived Organic Farm
Subbamart Impex
Shiva Ruthra Exports
Clora Export Pvt. Ltd.
Mahalaxmi Overseas
Nani Agro Foods
Yuvaraju Agro Impex
Aum Exports
Balaji Jaggery Farm
These companies have set high standards for quality and consistency, making Indian jaggery highly sought after in international markets.
Global Jaggery Export Landscape: Top Exporting Countries
Beyond India, several countries also play a crucial role in the global jaggery export market. Here is a list of the top jaggery-exporting nations:
Thailand: $864.7 million
China: $480.9 million
France: $439.9 million
Netherlands: $214.4 million
United States: $191.9 million
Belgium: $129.0 million
Germany: $105.7 million
Malaysia: $88.9 million
Austria: $73.1 million
Italy: $66.5 million
Thailand leads the way, with an impressive export value of $864.7 million, followed by China and France. However, India’s position as the largest jaggery exporter highlights its superior capacity and strong global demand.
The Growing Indian Jaggery Market
The packaged jaggery market in India was valued at INR 63.5 billion in 2023. This market is projected to grow at a compound annual growth rate (CAGR) of 12.68% from 2023 to 2032, reaching an estimated INR 186.0 billion. Factors contributing to this growth include the rising awareness of jaggery’s health benefits and an increasing preference for natural sweeteners.
Why Exporting Jaggery from India is Profitable
India’s jaggery export market is a highly profitable venture for several reasons:
High Production Capacity: India produces 60-70% of the world’s jaggery. Around 15% of the sugarcane crop in India is dedicated to jaggery and Khansari (unrefined sugar) production.
Growing Global Demand: As consumers worldwide become more health-conscious, the demand for natural sweeteners like jaggery has surged.
Versatility and Cultural Significance: Jaggery, also known as Bellam in Telugu, Vellam in Tamil, and Charkara in Malayalam, plays a crucial role in many Indian and global cuisines. It is also valued for its medicinal properties.
Given these factors, India has a robust infrastructure of jaggery manufacturers ready to meet the increasing global demand.
Key HS Codes for Jaggery Export
To efficiently navigate the export business, understanding HS codes is crucial. Here are some important HS codes for jaggery:
1701: Cane or beet sugar and chemically pure sucrose in solid form
17011310: Cane Jaggery
17011410: Other cane sugar
These HS codes help streamline international trade and ensure compliance with global export standards.
Tools and Platforms for Jaggery Export Insights
For businesses looking to tap into the jaggery export market, having access to reliable trade data is essential. Platforms like ExportImportData.in provide comprehensive trade data, including updated lists of importers and exporters, HS codes, and shipment details across 100+ countries. This information helps businesses make informed decisions and capitalize on opportunities in the international market.
Conclusion: The Future of Jaggery Export from India
India’s jaggery export market is a testament to the country’s strong agricultural heritage and trading capabilities. As the global demand for natural sugar substitutes continues to rise, jaggery has become a valuable export product. By understanding key HS codes, keeping track of export statistics, and partnering with established exporters, businesses can successfully navigate this profitable industry.
For those interested in exploring jaggery export opportunities or needing assistance with trade data, platforms like ExportImportData.in offer valuable resources. Stay informed, leverage the right data, and be a part of India’s growing jaggery export story.
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startanybusinessuae · 15 days ago
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Exploring the Opportunities for UAE Offshore Companies
Discover the opportunities and advantages of establishing offshore companies in the UAE. Explore the benefits of tax efficiency, ease of business setup, strategic location, and access to global markets for entrepreneurs and investors seeking growth in a business-friendly environment.
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perspectiveunbound · 16 days ago
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Exploring the Interplay of Freedom and Economic Growth in Modern Scotland
The Evolving Dynamics of Freedom and Economic Growth in Scotland Hello, dear readers! Today at "Perspectives Unbound," we delve into the evolving interplay between personal freedoms and economic growth in Scotland, examining how individual liberty is a crucial driver of innovation and prosperity. Scotland's historical roots in Enlightenment thought have made it a beacon of intellectual and personal freedom. This tradition shapes the modern Scottish approach to economic policies and reforms. As we witness global shifts towards more stringent regulations and controls, it becomes imperative to reassess the balance between regulation and freedom and to consider their impact on economic dynamism. The principle of economic freedom, which encompasses the right to work, produce, consume, and invest in any way one prefers, is an undoubted catalyst for growth. Where individuals are free, there exists a fertile ground for creativity and entrepreneurship. This not only promotes wealth generation but also distributes opportunities across the societal strata, enhancing overall well-being. For instance, Scotland’s emerging tech sector, which thrives on the ethos of open innovation and minimal bureaucratic interference, has shown promising growth and resilience. It exemplifies how freedom in business operations and investments can lead to substantial economic benefits. However, with freedom comes the responsibility to ensure that it does not become a privilege for the few but remains accessible to all. Current discussions in Scotland about widening access to digital infrastructure exemplify efforts to ensure that the benefits of economic freedom and growth are inclusive and widespread. Furthermore, the role of education in promoting economic freedom cannot be understated. By fostering a well-informed citizenry equipped with critical thinking skills, Scotland can enhance its foundational capabilities in innovation and adaptability in the global market. As we continue to navigate these complex dynamics, it is essential that policymakers and citizens alike hold fast to the values of freedom and openness, ensuring that Scotland remains a land of opportunity and innovation. Thank you for joining today's exploration into the critical correlation between freedom and economic growth in contemporary Scotland. Warm regards, Alastair Majury *Perspectives Unbound* --- *Stay tuned to Perspectives Unbound for more insights into the intricate relationship between freedom and economic strategies in Scottish and global contexts.*
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stellaholman · 23 days ago
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Unlock Your Personalised Health Assessment.
Navigate to this site to answer our comprehensive health questionnaire and get a FREE Health Assessment from our Director of Product Development, Dr. Ryan Goodkin. Once you have complete the questionnaire, you will be given your free report and recommended ways to improve your health and achieve your goals, including LiveGood supplement recommendations! Reviews Start my free health assessment
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anushaansari · 1 month ago
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The Importance of Multi-Currency and Multi-Language Features in Mobile Apps
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Multi-currency features
What it is: Multi-currency support allows users to see prices in their own currency.
Why it matters:
User Comfort: If prices appear in the local currency of the user, then he feels more comfortable in shopping.
More customers reached from every corner of the world.
More Conversions: The users are more likely to finish the purchases if they know the prices.
Fewer Abandoned Carts: This transparent pricing technique helps users end their transactions without confusion.
Competitive Advantage: It helps you show care for your users to present multiple currencies.
Multi-language Features
What is it: Multi-language support enables users to browse the app in a language of their choice.
Why it matters:
Better Experience: Users can use the app more easily and enjoyably in their own language.
Reach New Markets: It helps to attract users from different regions who speak different languages.
Greater Engagement: Users will more likely interact with content that speaks to them.
Increased Sales: Purchase decisions are strongly influenced by interfaces that are written in an easily readable manner.
Competitive Advantage: Showing that you have given a thinking mind about languages gives you an upper hand over other apps.
Adding multi-currency and multi-language capability is a very crucial feature to make your mobile app user-friendly and attractive for the global audience. Though these features enhance the user experience, they also help drive sales and make the app more competitive.
And the best of it all? MageNative integrates it all by default, without needing to write a single line of code. Discover how easy it is to make a global application with MageNative Mobile App Builder.
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navyasri1 · 1 month ago
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The Future of Chocolate: Premium Chocolates Set to Dominate the Market by 2026
The global premium chocolate market is forecasted to grow as a remarkable. As consumers increasingly seek out high-quality, gourmet flavors, premium chocolate brands are responding with dark chocolates, skimmed milk chocolates, and exotic flavor combinations. This trend is driven by a rising demand for healthier options and branding premium chocolates as gifts. The market is also seeing an influx of investments in product innovation and new launches. Explore how premium chocolate is taking the confectionery industry to the next level!
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vikassagaar · 2 months ago
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🚀 𝗧𝗵𝗲 𝗔𝗶𝗿𝗰𝗿𝗮𝗳𝘁 𝗘𝗻𝗴𝗶𝗻𝗲 𝗡𝗮𝗰𝗲𝗹𝗹𝗲 𝗚𝗹𝗼𝗯𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁 𝗶𝘀 𝗧𝗮𝗸𝗶𝗻𝗴 𝗢𝗳𝗳! ✈️
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The future of the aerospace #industry is being shaped by advances in engine nacelle #technologies. Our latest report on the #Aircraft Engine Nacelle #Global Market reveals key insights into this booming sector, covering innovations, market trends, and competitive #landscapes.
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abigailharris99 · 3 months ago
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UNLEASH YOUR EARNING POWER: JOIN MONEY MAKER'S SOCIETY TODAY!
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Are you tired of feeling stuck in your financial journey? Whether you’re just starting out, a seasoned hustler, or an established business owner, Money Makers Society is here to propel you to new heights. Our community is designed for men and women eager to thrive in the world of online wealth creation, offering you the tools and strategies to generate thousands of dollars every month.
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Struggling to find reliable income streams online?
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Your Solution: Money Makers Society
Money Makers Society is a dynamic Facebook group and online community built to help you overcome these barriers and turn your financial dreams into reality. We specialize in:
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exportimportdata13 · 2 months ago
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Exploring the Growing Market for Dry Ginger Exports from India
The global demand for dry ginger is on the rise, and India stands at the forefront as the world’s largest producer and exporter of this versatile spice. With a production value of 178,000 metric tons (MT) in 2022 and export revenues reaching $50.56 million, the dry ginger export business from India presents lucrative opportunities for traders and businesses alike. This article delves into the dynamics of dry ginger export from India, key statistics, major players, and insights on how to successfully navigate this market.
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The Landscape of Dry Ginger Exports
Between 2014 and 2018, dry ginger exports from India saw a decline, but the trend has since reversed. In 2022, India exported approximately 10,000 shipments of dry ginger, facilitated by 1,065 exporters catering to 2,353 international buyers. The primary export destinations include Morocco, the United States, the United Arab Emirates, Saudi Arabia, and Spain, indicating a diverse global market for this spice.
Key Players in the Export Market
India's competitive edge in the global spice trade is underscored by its understanding of ginger’s flavor profile and culinary applications. Major exporters such as Nani Agro Foods, Surendraray & Co, Basil Food Export, and Jai Commercial Centre play pivotal roles in the dry ginger supply chain, ensuring quality and consistency in their products.
Global Market Insights
The dried ginger market was estimated at $1.5 billion in 2023 and is projected to grow to $2.39 billion by 2030. This increasing demand highlights the significant potential for profit in the dry ginger export business. Additionally, India competes closely with other top ginger-exporting countries like China, the Netherlands, and Brazil.
Leading Ginger-Producing States in India
In India, the top ginger-producing states are Madhya Pradesh, Karnataka, and Assam. Madhya Pradesh leads with a production of 692.11 thousand MT, representing 31.18% of India’s total ginger output. Karnataka and Assam follow with 306.34 thousand MT and 170.73 thousand MT, respectively.
Understanding Export Documentation
To successfully export dry ginger, it is essential to understand the necessary documentation and compliance requirements. Key documents include:
Business Registration with the Ministry of Corporate Affairs (MCA)
GST Registration
Import Export Code (IEC)
CRES Certificate from the Spice Board of India
APEDA Registration
Phytosanitary Certificate
These documents ensure that exporters meet local and international standards, facilitating smoother trade.
How to Start Exporting Dry Ginger
For businesses looking to enter the dry ginger export market, the following steps can serve as a roadmap:
Market Research: Understand the dynamics of the global spice market and identify potential buyers.
Documentation: Gather all required export documents to comply with regulatory standards.
Export License: Apply for an export license through the Directorate General of Foreign Trade (DGFT).
HS Codes: Familiarize yourself with the relevant HS Codes (e.g., 09101120) for proper categorization and reporting.
Commercial Invoices: Prepare detailed invoices outlining product specifics, pricing, and payment terms.
Consulting with export specialists can also provide valuable insights into market trends and logistical considerations.
Conclusion
India’s rich agricultural heritage, coupled with its leading position in dry ginger production, offers exciting opportunities for businesses aiming to tap into the global spice market. With increasing demand and robust export infrastructure, India is well-positioned to strengthen its foothold as a leading exporter of dry ginger. For those interested in pursuing this venture, staying informed through data platforms and industry insights will be crucial for navigating this growing market successfully.
Whether you seek updated export data or specific HS Codes for dried ginger, consulting with experts in the field can enhance your understanding and operational efficiency in the spice export business.
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rutujamnm · 3 months ago
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Catalyst Handling Services Market expected to reach $732 million by 2028
The report "Catalyst Handling Services Market by Service Type (Catalyst loading/Unloading, Catalyst Screening, Segregation, & Storage, Catalyst Transport & Handling, Spent Catalyst Holding), End-use Industry (Petroleum Refining) and Region - Global Forecast to 2028", is projected to reach USD 732 million by 2028, at a CAGR of 4.5% from USD 588 million  in 2023.
The catalysthandling services market is mainly driven by the stringent environmental regulations.. Moreover, it is also driven by increasing focus on energy efficiency and cost optimization.
Download pdf- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=216147239
 “Spent catalyst handling segment is projected to grow at fastest CAGR, in terms of value, during the forecast period.”
Spent catalyst handling is a vital process in the refining and petrochemical industries, dealing with the safe and efficient management of used catalysts. These catalysts have reached the end of their useful life and require careful handling to ensure environmental compliance. The process includes collection, transportation, and proper disposal or regeneration. Effective spent catalyst handling not only adheres to regulatory standards but also contributes to sustainable practices, promoting responsible environmental stewardship within the refining and petrochemical sectors..
“Chemicals & fertilizers end-use industry segment is projected to be the second fastest growing end-use industry type in the catalyst handling services market, in terms of value.”
The global chemicals and fertilizers production scenario has witnessed robust growth, with the chemical industry playing a pivotal role in driving various sectors of the economy. Strong statistics highlight the industry's significance, as global chemical production reached over USD 5 trillion annually.
In terms of regional contributions, Asia stands out as a powerhouse, accounting for approximately 55% of the global chemicals production. China, the world's largest chemical producer, leads the way with its substantial output, contributing over one-third of the global chemical production. India, with its expanding manufacturing and agricultural sectors, has also emerged as a significant player in the region's chemical industry.
Sample Request- https://www.marketsandmarkets.com/requestsampleNew.asp?id=216147239
“Asia Pacific is expected to be the fastest growing market for catalyst handling services market during the forecast period, in terms of value”
The markets of Asia Pacific are registering high growth, and the trend is projected to continue during the forecast period. Emerging economies such as India, and China are investing in various industrial developments that are driving the catalyst handling services market. The rapid industrial growth, increasing refining and petrochemical activities, and the rising demand for efficient catalyst management solutions in the region's expanding energy sector.
New technology launches and partnerships are the major growth strategies adopted by the key players in the market. The key global players in the catalyst handling services  market include Anabeeb (Saudi Arabia), Mourik (Netharlands), Cat Tech International (UK), CR 3 (Thailand), Technivac (UK), Catalyst Handling Resources (US), Dickinson Group of Companies  (South Africa), Buchen-ICS (Germany), Kanooz Industrial Services (Saudi Arabia), and Group Peeters (Belgium).
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startanybusinessuae · 3 months ago
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The Benefits of Starting a Business in Sharjah
Starting a business in Sharjah offers numerous benefits, including low operating costs, strategic location, and access to free zones. Entrepreneurs enjoy tax incentives, 100% foreign ownership, and business-friendly policies. With strong infrastructure, a diverse economy, and proximity to global markets, Sharjah provides a competitive edge for business growth and expansion.
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perspectiveunbound · 2 months ago
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Reviving Tradition: The Surge of Scottish Craftsmanship in Global Markets
Exploring the Renaissance of Scottish Craftsmanship in the Global Market Hello, dear readers! Today, we turn our focus towards the revitalisation of Scottish craftsmanship and its burgeoning role in the global marketplace. As Scotland embraces the rich tapestry of its artisan traditions, it simultaneously carves out a niche in a world increasingly dominated by mass production and standardisation. Scottish craftsmanship, renowned for its quality and authenticity, spans an impressive array of industries, from textiles to woodworking and distilling. These artisans are not merely preserving ancient techniques; they are innovating within traditional frameworks to create products that resonate both locally and worldwide. In the age of globalisation, there is a growing appetite for products that tell a story — items that are unique and meticulously crafted. Scotland’s artisans are leveraging this trend, positioning their goods on the global stage as the epitome of quality and sustainability. This movement not only boosts local economies but also reinforces Scotland’s identity in the international arena. Economically, the artisan sector in Scotland benefits from the propagation of free-market principles, allowing craftsmen to tap into wider markets and attract investments. These small-scale producers are finding their niches, supported by policies that encourage cultural entrepreneurship and an export-oriented strategy. However, challenges such as international competition, the need for marketing prowess, and navigating the complexities of export regulations need to be addressed. To aid this, fostering collaborations between artisans and tech innovators could offer advanced solutions in logistics and marketing, vital for international success. I invite you all to share your experiences and thoughts about Scottish craftsmanship. How do you perceive the role of tradition in contemporary markets? What further steps should be taken to enhance the global presence of Scottish artisan products? Your insights are invaluable as we explore strategies to ensure that Scottish craftsmanship not just survives but thrives on the world stage. Let’s continue to champion our local artisans by engaging with their work and spreading the word about Scotland’s rich heritage and its modern-day renaissance. Thank you for joining in this pertinent discussion. Looking forward to your views! Warm regards, Alastair Majury *Perspectives Unbound* --- *Follow Alastair Majury for more insights on how Scotland’s rich traditions and free-market dynamics interact to shape a unique narrative in the global economy.*
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news24-amit · 3 months ago
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Laser Technology Market on the Rise: Projected to Grow at a 4.4% CAGR by 2034
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navyasri1 · 2 months ago
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GPS Receiver Market - Forecast(2024 - 2030)
The GPS Receiver market is experiencing significant growth, driven by technological advancements and increasing applications across various industries like healthcare, energy, mining, and agriculture. The adoption of GPS receivers is revolutionizing sectors such as construction and transportation with enhanced precision, navigation, and tracking capabilities. Key developments in GPS infrastructure and cost-effective solutions are further boosting market demand. As industries worldwide adopt GPS technology, addressing challenges like signal interference in urban areas remains critical for sustained growth and reliability.
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