
India - Carbon Tetrachloride - Market Analysis, Forecast, Size, Trends And Insights
India's Carbon Tetrachloride Price Shrinks 8% to $792 per Ton
India Carbon Tetrachloride Import Price in February 2023
In February 2023, the carbon tetrachloride price amounted to $792 per ton (CIF, India), reducing by -7.8% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 an increase of 126% m-o-m. As a result, import price reached the peak level of $1,689 per ton. From April 2022 to February 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In February 2023, the country with the highest price was the Netherlands ($822 per ton), while the price for France ($722 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Belgium (+10.5%), while the prices for the other major suppliers experienced a decline.
COUNTRY | Import Price of Carbon Tetrachloride in India (USD per ton) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
Netherlands | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1,178 | 816 | 845 | 829 | 843 | 822 |
Germany | N/A | 2,554 | N/A | 2,545 | 1,223 | N/A | 1,266 | N/A | N/A | 737 | N/A | N/A | 754 |
France | 759 | 824 | 672 | 828 | 1,158 | N/A | 783 | 833 | 1,027 | N/A | N/A | 872 | 722 |
Belgium | 729 | N/A | 843 | 818 | 958 | 1,199 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Russia | 754 | N/A | 749 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Average | 747 | 1,689 | 679 | 1,331 | 1,085 | 1,199 | 896 | 1,010 | 987 | 823 | 829 | 859 | 792 |
India Carbon Tetrachloride Imports
Carbon tetrachloride imports into India skyrocketed to 351 tons in February 2023, growing by 28% compared with January 2023. Overall, imports, however, continue to indicate a slight reduction. The growth pace was the most rapid in April 2022 when imports increased by 464% m-o-m. As a result, imports attained the peak of 1.1K tons. From May 2022 to February 2023, the growth of imports failed to regain momentum.
In value terms, carbon tetrachloride imports surged to $278K (IndexBox estimates) in February 2023. Over the period under review, imports, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in April 2022 with an increase of 127% month-to-month. As a result, imports attained the peak of $756K. From May 2022 to February 2023, the growth of imports remained at a lower figure.
India Carbon Tetrachloride Imports by Country
In February 2023, the Netherlands (216 tons) constituted the largest supplier of carbon tetrachloride to India, accounting for a 62% share of total imports. Moreover, carbon tetrachloride imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (96 tons), twofold.
From February 2022 to February 2023, the average monthly rate of growth in terms of volume from the Netherlands amounted to +8.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-0.3% per month) and France (-13.3% per month).
In value terms, the Netherlands ($178K) constituted the largest supplier of carbon tetrachloride to India, comprising 64% of total imports. The second position in the ranking was taken by Germany ($72K), with a 26% share of total imports.
From February 2022 to February 2023, the average monthly rate of growth in terms of value from the Netherlands was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-10.7% per month) and France (-13.7% per month).
This report provides an in-depth analysis of the carbon tetrachloride market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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