India - Vinyl Chloride (Chloroethylene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVinyl Chloride in India is Priced at an Average of $791 per Ton
India Vinyl Chloride Import Price in November 2022
In November 2022, the vinyl chloride price amounted to $791 per ton (CIF, India), remaining constant against the previous month. In general, the import price showed a abrupt contraction. The growth pace was the most rapid in April 2022 an increase of 13% m-o-m. The import price peaked at $1,471 per ton in January 2022; however, from February 2022 to November 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In November 2022, the country with the highest price was China ($847 per ton), while the price for Qatar ($737 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
India Vinyl Chloride Imports
In November 2022, supplies from abroad of vinyl chloride (chloroethylene) decreased by -27.2% to 32K tons, falling for the second month in a row after two months of growth. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2022 with an increase of 65% against the previous month. As a result, imports reached the peak of 72K tons. From May 2022 to November 2022, the growth of imports failed to regain momentum.
In value terms, vinyl chloride imports contracted significantly to $26M (IndexBox estimates) in November 2022. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in April 2022 when imports increased by 87% against the previous month. As a result, imports reached the peak of $97M. From May 2022 to November 2022, the growth of imports remained at a somewhat lower figure.
India Vinyl Chloride Imports by Country
Qatar (14K tons), Japan (11K tons) and China (7K tons) were the main suppliers of vinyl chloride imports to India.
From January 2022 to November 2022, the biggest increases were in China (with a CAGR of +31.7%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, Qatar ($10M), Japan ($9.4M) and China ($5.9M) were the largest vinyl chloride suppliers to India.
Among the main suppliers, China, with a CAGR of +21.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Factors Affecting Vinyl Chloride Prices
Vinyl chloride, also known as chloroethene, is a colorless gas with a slightly sweet odor. It is an important industrial chemical used primarily in the production of polyvinyl chloride (PVC), a thermoplastic polymer widely used in construction, packaging, and automotive industries. The price of vinyl chloride in India is subject to various factors, including global demand and supply, production costs, government regulations, and market dynamics.
Over the past few years, the price of vinyl chloride in India has been volatile due to various reasons. However, the prices have increased in 2021 due to a surge in demand for PVC, driven by the growing construction and infrastructure activities in India.
One of the key factors that influence the price of Vinyl chloride in India is the global demand and supply. India imports a significant amount of vinyl chloride from other countries, including the US, Japan, and China. Any disruptions in the global supply chain can impact the availability of vinyl chloride in India, thereby affecting its price. Moreover, the fluctuation in crude oil prices, which is a key raw material for vinyl chloride production, can also influence the price of the chemical in India.
Another factor that impacts the price of vinyl chloride in India is the production cost. The production of vinyl chloride involves several steps, including the manufacturing of ethylene, chlorination of ethylene, and cracking of 1,2-dichloroethane. The cost of these raw materials, energy, and labor can affect the final price of vinyl chloride. Moreover, the environmental regulations imposed by the government can also increase the production cost, thereby affecting the price of Vinyl chloride in India.
The market dynamics, including the competition among suppliers, the demand from end-users, and the price elasticity of demand, can also influence the price of vinyl chloride in India.
In conclusion, the price of vinyl chloride in India is subject to various factors, including global demand and supply, production costs, government regulations, and market dynamics.
This report provides an in-depth analysis of the vinyl chloride 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.
Product coverage:
- Prodcom 20141371 - Vinyl chloride (chloroethylene)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
