India - Acrylonitrile - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcrylonitrile Price in India - 2023
Contents:
- Acrylonitrile Price in India (CIF) - 2023
- Acrylonitrile Price in India (FOB) - 2022
- Acrylonitrile Imports in India
- Acrylonitrile Exports in India
Acrylonitrile Price in India (CIF) - 2023
In July 2023, the average acrylonitrile import price amounted to $1,175 per ton, with a decrease of -9.1% against the previous month. In general, the import price saw a perceptible decline. The growth pace was the most rapid in January 2023 when the average import price increased by 8.9% month-to-month. The import price peaked at $1,758 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were Brazil ($1,276 per ton) and South Korea ($1,272 per ton), while the price for Taiwan (Chinese) ($1,093 per ton) and China ($1,165 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.0%), while the prices for the other major suppliers experienced a decline.
Acrylonitrile Price in India (FOB) - 2022
The average acrylonitrile export price stood at $2,358 per ton in 2022, growing by 19% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 47%. The export price peaked at $2,590 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($3,150 per ton), while the average price for exports to Oman stood at $2,212 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.
Acrylonitrile Imports in India
In 2022, approx. 239K tons of acrylonitrile were imported into India; increasing by 48% against the previous year. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, acrylonitrile imports soared to $433M in 2022. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Acrylonitrile in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.2 | 17.3 | 113 | 132 | 121.2% |
| South Korea | 72.4 | 39.3 | 69.0 | 80.6 | 3.6% |
| United States | 59.6 | 35.1 | 29.6 | 42.7 | -10.5% |
| Belgium | 7.5 | 9.9 | 28.1 | 32.8 | 63.5% |
| Taiwan (Chinese) | 9.6 | 12.5 | 26.3 | 30.6 | 47.2% |
| Netherlands | 29.1 | 39.3 | 20.0 | 30.3 | 1.4% |
| Latvia | 40.0 | 22.6 | 24.0 | 29.9 | -9.2% |
| Brazil | 16.8 | 14.0 | 21.6 | 25.2 | 14.5% |
| Turkey | 23.4 | 1.5 | 16.3 | 19.0 | -6.7% |
| Others | 6.1 | 3.1 | 12.2 | 9.8 | 17.1% |
| Total | 277 | 195 | 360 | 433 | 16.1% |
Top Suppliers of Acrylonitrile to India in 2022:
- China (59.6K tons)
- South Korea (42.6K tons)
- United States (31.8K tons)
- Netherlands (22.9K tons)
- Latvia (21.4K tons)
- Belgium (16.0K tons)
- Taiwan (Chinese) (13.9K tons)
- Turkey (12.2K tons)
- Brazil (12.1K tons)
Acrylonitrile Exports in India
In 2022, approx. 4.9K tons of acrylonitrile were exported from India; picking up by 20% against the previous year. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 595% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, acrylonitrile exports surged to $12M in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 476% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
| Export of Acrylonitrile in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 0.3 | 6.0 | 0.1 | 9.2 | 213.0% |
| Bangladesh | 0.1 | 3.9 | N/A | 2.4 | 188.4% |
| Japan | 1.4 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | 7.9 | N/A | 0% |
| Others | N/A | 0.4 | 0.1 | N/A | -75.0% |
| Total | 1.8 | 10.3 | 8.1 | 11.6 | 86.1% |
Top Export Markets for Acrylonitrile from India in 2022:
- Oman (4.1K tons)
- Bangladesh (0.8K tons)
This report provides an in-depth analysis of the acrylonitrile 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 20144350 - Acrylonitrile
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
-
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
445
This report provides an in-depth analysis of the acrylonitrile market in India.
379
This report provides an in-depth analysis of the dicyandiamide market in India.
1312
This report provides an in-depth analysis of the global acrylonitrile market.
900
This report provides an in-depth analysis of the global dicyandiamide market.
445
This report provides an in-depth analysis of the acrylonitrile market in India.
379
This report provides an in-depth analysis of the dicyandiamide market in India.
1312
This report provides an in-depth analysis of the global acrylonitrile market.
900
This report provides an in-depth analysis of the global dicyandiamide market.
102
The pace of growth for Acrylonitrile imports was at its peak in August of 2023 with a 194% increase from the previous month. By November 2023, the value of acrylonitrile imports had decreased to $17M.
92
In January 2023, Dicyandiamide experienced a rapid growth rate of 106% month-over-month. However, by October 2023, the value of dicyandiamide imports significantly declined to $5.7M.
285
In February 2023, the dicyandiamide price amounted to $2,495 per ton (CIF, India), surging by 2.5% against the previous month.
834
The U.S. represented the major exporter of acrylonitrile exported in the world.
102
The pace of growth for Acrylonitrile imports was at its peak in August of 2023 with a 194% increase from the previous month. By November 2023, the value of acrylonitrile imports had decreased to $17M.
92
In January 2023, Dicyandiamide experienced a rapid growth rate of 106% month-over-month. However, by October 2023, the value of dicyandiamide imports significantly declined to $5.7M.
285
In February 2023, the dicyandiamide price amounted to $2,495 per ton (CIF, India), surging by 2.5% against the previous month.
834
The U.S. represented the major exporter of acrylonitrile exported in the world.
