India - Caustic Soda - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCaustic Soda Price in India - 2023
Contents:
- Caustic Soda Price in India (FOB) - 2023
- Caustic Soda Price in India (CIF) - 2023
- Caustic Soda Exports in India
- Caustic Soda Imports in India
Caustic Soda Price in India (FOB) - 2023
In July 2023, the average caustic soda export price amounted to $409 per ton, which is down by -6.4% against the previous month. Over the period under review, the export price showed a pronounced curtailment. The growth pace was the most rapid in October 2022 when the average export price increased by 16% month-to-month. The export price peaked at $746 per ton in November 2022; however, from December 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In July 2023, the countries with the highest prices were Ghana ($456 per ton) and Nigeria ($452 per ton), while the average price for exports to South Africa ($358 per ton) and Indonesia ($425 per ton) were amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-3.6%), while the prices for the other major destinations experienced a decline.
Caustic Soda Price in India (CIF) - 2023
The average caustic soda import price stood at $435 per ton in July 2023, with a decrease of -13.3% against the previous month. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in February 2023 an increase of 28% m-o-m. As a result, import price attained the peak level of $879 per ton. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($5,679 per ton), while the price for Bangladesh ($418 per ton) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Caustic Soda Exports in India
Caustic soda exports from India skyrocketed to 416K tons in 2022, increasing by 95% against the previous year's figure. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, caustic soda exports skyrocketed to $278M in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Caustic Soda in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.6 | 4.6 | 5.9 | 45.4 | 323.0% |
| South Africa | 1.1 | 2.1 | 11.5 | 32.3 | 208.5% |
| Italy | 0.1 | 2.4 | 2.3 | 21.9 | 502.8% |
| Kenya | 6.5 | 6.0 | 7.8 | 15.7 | 34.2% |
| Guinea | 0.5 | 4.2 | N/A | 13.8 | 202.2% |
| Netherlands | N/A | 3.0 | N/A | 13.0 | 108.2% |
| United States | 0.1 | 0.1 | 2.7 | 11.8 | 390.5% |
| Turkey | 0.1 | N/A | N/A | 11.0 | 379.1% |
| Singapore | N/A | N/A | N/A | 10.8 | 0% |
| Tanzania | 7.9 | 7.5 | 9.5 | 9.7 | 7.1% |
| Sudan | 1.4 | 2.1 | 1.2 | 8.2 | 80.3% |
| Myanmar | 2.4 | 3.7 | 2.2 | 4.9 | 26.9% |
| Sri Lanka | 1.8 | 3.0 | 2.4 | 3.8 | 28.3% |
| Others | 47.9 | 48.2 | 47.1 | 75.6 | 16.4% |
| Total | 70.4 | 87.0 | 92.7 | 278 | 58.1% |
Top Export Markets for Caustic Soda from India in 2022:
- Saudi Arabia (68.1K tons)
- South Africa (47.8K tons)
- Guinea (25.5K tons)
- Italy (24.8K tons)
- Kenya (24.5K tons)
- United States (19.9K tons)
- Netherlands (16.8K tons)
- Turkey (15.4K tons)
- Singapore (14.9K tons)
- Myanmar (14.6K tons)
- Tanzania (13.5K tons)
- Sri Lanka (12.1K tons)
- Sudan (10.7K tons)
Caustic Soda Imports in India
In 2022, approx. 452K tons of caustic soda were imported into India; with an increase of 31% on the year before. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, caustic soda imports skyrocketed to $115M in 2022. In general, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Caustic Soda in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 33.1 | 32.7 | 49.3 | 65.6 | 25.6% |
| Oman | N/A | N/A | N/A | 16.9 | 0% |
| Qatar | N/A | N/A | N/A | 11.2 | 0% |
| Bangladesh | 9.1 | 1.9 | 4.4 | 10.5 | 4.9% |
| Taiwan (Chinese) | N/A | N/A | N/A | 8.7 | 0% |
| South Korea | 12.7 | 2.3 | 0.2 | 0.4 | -68.4% |
| China | 14.4 | 5.2 | 0.1 | 0.1 | -80.9% |
| Others | 2.9 | 8.8 | 12.1 | 1.8 | -14.7% |
| Total | 72.1 | 51.0 | 66.2 | 115 | 16.8% |
Top Suppliers of Caustic Soda to India in 2022:
- Japan (385.8K tons)
- Oman (20.4K tons)
- Qatar (18.8K tons)
- Bangladesh (15.2K tons)
- Taiwan (Chinese) (10.4K tons)
- South Korea (0.3K tons)
- China (0.2K tons)
This report provides an in-depth analysis of the caustic soda 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 20132525 - Sodium hydroxide (caustic soda), solid
- Prodcom 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)
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
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