India - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

India - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Cyclic Hydrocarbons Price in India - 2023

Contents:

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

Cyclic Hydrocarbons Price in India (FOB) - 2022

In 2022, the average cyclic hydrocarbons export price amounted to $1,073 per ton, with an increase of 19% against the previous year. Overall, the export price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2021 an increase of 50%. The export price peaked at $1,351 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($1,151 per ton) and the United States ($1,122 per ton), while the average price for exports to Pakistan ($944 per ton) and Indonesia ($946 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-1.2%), while the prices for the other major destinations experienced a decline.

Cyclic Hydrocarbons Price in India (CIF) - 2023

The average cyclic hydrocarbons import price stood at $1,029 per ton in July 2023, falling by -5.2% against the previous month. Over the period under review, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 5% month-to-month. Over the period under review, average import prices hit record highs at $1,438 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($1,452 per ton), while the price for Saudi Arabia ($934 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced a decline.

Cyclic Hydrocarbons Exports in India

In 2022, shipments abroad of cyclic hydrocarbons decreased by -33.4% to 3.1M tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 3.9%. As a result, the exports attained the peak of 4.7M tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cyclic hydrocarbons exports fell markedly to $3.3B in 2022. Overall, exports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. As a result, the exports attained the peak of $4.1B, and then contracted notably in the following year.

Export of Cyclic Hydrocarbons in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia3984417721,03637.6%
Malaysia3802823004082.4%
China1,7581,0751,097357-41.2%
Belgium99.011827527240.1%
Indonesia349291257186-18.9%
Netherlands43.746.818016455.4%
Spain11487.51391396.8%
United States85.216550112814.5%
Kuwait44.29.781.912541.4%
Portugal0.960.270.4102383.9%
Singapore39.414.321.248.27.0%
Others408205435317-8.1%
Total3,7192,7964,1303,282-4.1%

Top Export Markets for Cyclic Hydrocarbons from India in 2022:

  1. Saudi Arabia (965.3K tons)
  2. Malaysia (388.9K tons)
  3. China (342.1K tons)
  4. Belgium (245.1K tons)
  5. Indonesia (196.5K tons)
  6. Netherlands (142.4K tons)
  7. Spain (132.0K tons)
  8. Kuwait (124.8K tons)
  9. United States (113.9K tons)
  10. Portugal (101.8K tons)
  11. Singapore (47.6K tons)

Cyclic Hydrocarbons Imports in India

In 2022, approx. 2.4M tons of cyclic hydrocarbons were imported into India; picking up by 6.2% compared with 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year.

In value terms, cyclic hydrocarbons imports surged to $2.8B in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.4% 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 +95.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 60%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Cyclic Hydrocarbons in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore5373705176456.3%
South Korea25015427236513.4%
Saudi Arabia11890.624836445.6%
China81.146.416132759.2%
Kuwait2001232262304.8%
Japan327165208194-16.0%
Thailand10610716617618.4%
Oman63.539.811071.64.1%
United States34916615853.9-46.3%
Netherlands95.638.416.817.8-42.9%
Others21114022537320.9%
Total2,3371,4412,3092,8176.4%

Top Suppliers of Cyclic Hydrocarbons to India in 2022:

  1. Singapore (608.9K tons)
  2. Saudi Arabia (325.1K tons)
  3. South Korea (303.6K tons)
  4. China (217.0K tons)
  5. Kuwait (198.0K tons)
  6. Japan (171.9K tons)
  7. Thailand (166.0K tons)
  8. Oman (67.9K tons)
  9. United States (21.9K tons)
  10. Netherlands (20.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141213 - Cyclohexane
  • Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
  • Prodcom 20141223 - Benzene
  • Prodcom 20141225 - Toluene
  • Prodcom 20141243 - o-Xylene
  • Prodcom 20141245 - p-Xylene
  • Prodcom 20141247 - m-Xylene and mixed xylene isomers
  • Prodcom 20141250 - Styrene
  • Prodcom 20141260 - Ethylbenzene
  • Prodcom 20141270 - Cumene
  • Prodcom 20141290 - Other cyclic hydrocarbons

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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Free Data: Cyclic Hydrocarbons - India