India - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEpoxide Resin Price in India - 2023
Contents:
- Epoxide Resin Price in India (CIF) - 2023
- Epoxide Resin Price in India (FOB) - 2022
- Epoxide Resin Imports in India
- Epoxide Resin Exports in India
Epoxide Resin Price in India (CIF) - 2023
In July 2023, the average epoxide resin import price amounted to $3,186 per ton, approximately mirroring the previous month. Overall, the import price saw a pronounced decline. The pace of growth appeared the most rapid in June 2023 an increase of 11% against the previous month. The import price peaked at $4,596 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,603 per ton), while the price for South Korea ($2,142 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 the Netherlands (+0.7%), while the prices for the other major suppliers experienced a decline.
Epoxide Resin Price in India (FOB) - 2022
The average epoxide resin export price stood at $4,432 per ton in 2022, with an increase of 2.3% against the previous year. Overall, the export price continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,653 per ton), while the average price for exports to Nepal ($2,044 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Epoxide Resin Imports in India
Epoxide resin imports into India expanded rapidly to 68K tons in 2022, increasing by 14% against the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% 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 +53.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, epoxide resin imports soared to $302M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Epoxide Resin in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 42.5 | 37.9 | 97.6 | 117 | 40.2% |
| Thailand | 27.9 | 13.1 | 30.0 | 36.0 | 8.9% |
| Germany | 11.4 | 15.6 | 23.4 | 28.1 | 35.1% |
| Taiwan (Chinese) | 10.0 | 6.1 | 19.8 | 23.8 | 33.5% |
| China | 12.3 | 8.0 | 18.1 | 21.8 | 21.0% |
| Netherlands | 8.4 | 9.9 | 17.1 | 20.5 | 34.6% |
| Japan | 11.1 | 10.7 | 15.2 | 18.3 | 18.1% |
| Switzerland | 7.1 | 1.7 | 0.5 | 3.6 | -20.3% |
| Others | 40.2 | 29.7 | 34.7 | 32.7 | -6.7% |
| Total | 171 | 133 | 256 | 302 | 20.9% |
Top Suppliers of Epoxide Resin to India in 2022:
- South Korea (30.6K tons)
- Thailand (7.4K tons)
- Germany (5.8K tons)
- Taiwan (Chinese) (5.2K tons)
- China (4.8K tons)
- Netherlands (3.9K tons)
- Japan (2.5K tons)
- Switzerland (1.0K tons)
Epoxide Resin Exports in India
In 2022, approx. 28K tons of epoxide resins were exported from India; growing by 7.1% compared with 2021 figures. Over the period under review, exports, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 31%.
In value terms, epoxide resin exports rose significantly to $122M in 2022. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 145%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Epoxide Resin in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 10.6 | 8.3 | 21.9 | 25.0 | 33.1% |
| Italy | 16.9 | 8.4 | 18.0 | 20.5 | 6.6% |
| Germany | 13.5 | 8.8 | 14.5 | 16.5 | 6.9% |
| Netherlands | 1.0 | 0.6 | 10.1 | 11.5 | 125.7% |
| United States | 2.0 | 1.0 | 5.6 | 6.3 | 46.6% |
| Egypt | 0.8 | 0.7 | 5.0 | 5.7 | 92.4% |
| Saudi Arabia | 2.9 | 2.3 | 4.3 | 4.9 | 19.1% |
| Turkey | 2.5 | 2.1 | 3.3 | 3.7 | 14.0% |
| Bangladesh | 2.7 | 1.4 | 3.3 | 3.7 | 11.1% |
| Spain | 2.3 | 1.1 | 2.3 | 2.7 | 5.5% |
| Qatar | 0.9 | 0.8 | 2.0 | 2.3 | 36.7% |
| Nepal | 0.8 | 0.8 | 1.6 | 1.8 | 31.0% |
| Others | 16.2 | 9.2 | 19.8 | 17.7 | 3.0% |
| Total | 72.9 | 45.5 | 112 | 122 | 18.7% |
Top Export Markets for Epoxide Resin from India in 2022:
- Italy (5.8K tons)
- United Arab Emirates (5.8K tons)
- Germany (5.1K tons)
- Netherlands (2.4K tons)
- Saudi Arabia (1.2K tons)
- Bangladesh (1.1K tons)
- Egypt (1.1K tons)
- United States (1.1K tons)
- Nepal (0.9K tons)
- Turkey (0.8K tons)
- Spain (0.7K tons)
- Qatar (0.5K tons)
This report provides an in-depth analysis of the epoxide resin 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 20164030 - Epoxide resins, in primary forms
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
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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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