India - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

India - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights

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Carboxylic Acid Price in India - 2023

Contents:

  1. Carboxylic Acid Price in India (FOB) - 2023
  2. Carboxylic Acid Price in India (CIF) - 2022
  3. Carboxylic Acid Exports in India
  4. Carboxylic Acid Imports in India

Carboxylic Acid Price in India (FOB) - 2023

The average carboxylic acid export price stood at $26,872 per ton in July 2023, jumping by 42% against the previous month. In general, export price indicated resilient growth from July 2022 to July 2023: its price increased at an average monthly rate of +6.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, carboxylic acid export price increased by +65.4% against April 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($118K per ton), while the average price for exports to the Netherlands ($3,469 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Carboxylic Acid Price in India (CIF) - 2022

In 2022, the average carboxylic acid import price amounted to $2,407 per ton, which is down by -25.6% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 17%. Over the period under review, average import prices hit record highs at $4,792 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,161 per ton), while the price for Thailand ($1,033 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced a decline.

Carboxylic Acid Exports in India

In 2022, after three years of growth, there was significant decline in overseas shipments of carboxylic acid with alcohol, phenol, aldehyde or ketone functions, when their volume decreased by -62.4% to 9.9K tons. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, the exports attained the peak of 26K tons, and then reduced sharply in the following year.

In value terms, carboxylic acid exports declined remarkably to $158M in 2022. Overall, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year.

Export of Carboxylic Acid in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States69.475.786.928.1-26.0%
Italy24.080.271.923.2-1.1%
United Arab Emirates0.80.740.513.1153.9%
France22.319.738.112.3-18.0%
Netherlands5.57.123.57.611.4%
Spain27.322.417.37.0-36.5%
Switzerland3.420.918.96.121.5%
China12.515.315.14.9-26.8%
Israel1.41.78.52.724.5%
Belgium6.87.16.02.1-32.4%
Brazil3.03.56.12.0-12.6%
South Korea3.86.86.32.0-19.3%
United Kingdom1.84.02.00.8-23.7%
Others13014012445.9-29.3%
Total312405465158-20.3%

Top Export Markets for Carboxylic Acid from India in 2022:

  1. United States (1854.9 tons)
  2. Netherlands (937.1 tons)
  3. Italy (839.6 tons)
  4. Brazil (384.6 tons)
  5. France (369.1 tons)
  6. Switzerland (356.9 tons)
  7. China (354.1 tons)
  8. United Arab Emirates (316.2 tons)
  9. South Korea (316.1 tons)
  10. Belgium (309.3 tons)
  11. Spain (302.4 tons)
  12. United Kingdom (272.9 tons)
  13. Israel (253.3 tons)

Carboxylic Acid Imports in India

In 2022, after three years of growth, there was significant decline in supplies from abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions, when their volume decreased by -10.8% to 106K tons. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 14%.

In value terms, carboxylic acid imports dropped markedly to $256M in 2022. In general, imports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 32% against the previous year.

Import of Carboxylic Acid in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China182218241159-4.4%
United States9.815.010.27.6-8.1%
Singapore10.38.09.56.2-15.6%
Germany7.37.07.75.1-11.3%
Thailand5.74.75.13.4-15.8%
Others66.612011375.24.1%
Total282373386256-3.2%

Top Suppliers of Carboxylic Acid to India in 2022:

  1. China (86.5K tons)
  2. Thailand (3.3K tons)
  3. Singapore (2.5K tons)
  4. United States (2.4K tons)
  5. Germany (1.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carboxylic acid 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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