India - Denatured Ethyl Alcohol And Other Denatured Spirits - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - Denatured Ethyl Alcohol And Other Denatured Spirits - Market Analysis, Forecast, Size, Trends And Insights

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Denatured Ethyl Alcohol Price in India - 2023

Contents:

  1. Denatured Ethyl Alcohol Price in India (CIF) - 2023
  2. Denatured Ethyl Alcohol Price in India (FOB) - 2022
  3. Denatured Ethyl Alcohol Imports in India
  4. Denatured Ethyl Alcohol Exports in India

Denatured Ethyl Alcohol Price in India (CIF) - 2023

In July 2023, the average denatured ethyl alcohol import price amounted to $854 per thousand litres, flattening at the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 145% m-o-m. As a result, import price attained the peak level of $2.1 per litre. From November 2022 to July 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From July 2022 to July 2023, the rate of growth in terms of prices for the United States amounted to +0.3% per month.

Denatured Ethyl Alcohol Price in India (FOB) - 2022

The average denatured ethyl alcohol export price stood at $1.3 per litre in 2022, rising by 43% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($7.5 per litre), while the average price for exports to Maldives ($0.8 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Denatured Ethyl Alcohol Imports in India

In 2022, approx. 297M litres of denatured ethyl alcohol and other denatured spirits were imported into India; falling by -39.8% compared with 2021. Overall, imports faced a deep setback. The smallest decline of -4.2% was in 2020. Over the period under review, imports reached the maximum at 577M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, denatured ethyl alcohol imports dropped notably to $236M in 2022. In general, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 2.7%. Imports peaked at $315M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Denatured Ethyl Alcohol in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States290302277233-7.0%
Indonesia15.3N/AN/AN/A0%
Others9.93.636.82.9-33.6%
Total315305314236-9.2%

Top Suppliers of Denatured Ethyl Alcohol to India in 2022:

  1. United States (295.5M litres)

Denatured Ethyl Alcohol Exports in India

In 2022, overseas shipments of denatured ethyl alcohol and other denatured spirits decreased by -15.6% to 85K litres, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 117%. As a result, the exports reached the peak of 976K litres. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, denatured ethyl alcohol exports skyrocketed to $106K in 2022. Overall, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 70%. As a result, the exports reached the peak of $939K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Denatured Ethyl Alcohol in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique84.4N/AN/A50.5-15.7%
United Arab Emirates7.465580.623.045.9%
Nepal27.80.20.918.6-12.5%
KenyaN/AN/A0.34.81500.0%
Maldives2.00.60.73.722.8%
SpainN/A28.3N/AN/A0%
KuwaitN/A106N/AN/A0%
Rwanda41.824.62.7N/A-74.6%
Democratic Republic of the Congo66.30.4N/AN/A-99.4%
OmanN/A27.80.1N/A-99.6%
Sudan27218.5N/AN/A-93.2%
Others51.377.02.25.2-53.4%
Total55393987.6106-42.3%

Top Export Markets for Denatured Ethyl Alcohol from India in 2022:

  1. Mozambique (28.0K litres)
  2. United Arab Emirates (25.7K litres)
  3. Nepal (20.5K litres)
  4. Maldives (4.6K litres)
  5. Kenya (3.7K litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the denatured ethyl alcohol 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 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength

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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