India - Oxirane (Ethylene Oxide) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

India - Oxirane (Ethylene Oxide) - Market Analysis, Forecast, Size, Trends And Insights

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Ethylene Oxide Price in India - 2023

Contents:

  1. Ethylene Oxide Price in India (CIF) - 2023
  2. Ethylene Oxide Price in India (FOB) - 2023
  3. Ethylene Oxide Imports in India
  4. Ethylene Oxide Exports in India

Ethylene Oxide Price in India (CIF) - 2023

The average ethylene oxide import price stood at $15,572 per ton in July 2023, picking up by 36% against the previous month. Overall, the import price posted a measured increase. The pace of growth was the most pronounced in October 2022 when the average import price increased by 580% m-o-m. Over the period under review, average import prices reached the peak figure at $91,406 per ton in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($70,208 per ton), while the price for China stood at $5,904 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.6%).

Ethylene Oxide Price in India (FOB) - 2023

In July 2023, the average ethylene oxide export price amounted to $1,192 per ton, which is down by -49.6% against the previous month. Overall, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in May 2023 an increase of 93% m-o-m. As a result, the export price attained the peak level of $2,554 per ton. From June 2023 to July 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Saudi Arabia ($3,778 per ton), while the average price for exports to Malaysia ($1,122 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 Vietnam (-2.0%), while the prices for the other major destinations experienced a decline.

Ethylene Oxide Imports in India

In 2022, imports of oxirane (ethylene oxide) into India dropped significantly to 142 tons, declining by -51.9% compared with the previous year. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 2,101%. As a result, imports reached the peak of 295 tons, and then fell dramatically in the following year.

In value terms, ethylene oxide imports dropped notably to $1.7M in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 761% against the previous year. As a result, imports attained the peak of $4M, and then declined sharply in the following year.

Import of Ethylene Oxide in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21429.03,4061,03869.3%
United States713418552622-4.4%
Others28.614.311.837.69.5%
Total9564613,9701,69821.1%

Top Suppliers of Ethylene Oxide to India in 2022:

  1. China (126.3 tons)
  2. United States (15.1 tons)

Ethylene Oxide Exports in India

Ethylene oxide exports from India skyrocketed to 1.4K tons in 2022, jumping by 30% compared with 2021 figures. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ethylene oxide exports surged to $2.3M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ethylene Oxide in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand7474926019046.6%
Malaysia32627032355019.0%
Vietnam2902583213789.2%
Indonesia11511419622124.3%
Bangladesh65.232.054.965.20.0%
Nepal24.61.019.548.725.6%
Others25647.346.2177-11.6%
Total1,8251,2141,5622,3438.7%

Top Export Markets for Ethylene Oxide from India in 2022:

  1. Thailand (441.0 tons)
  2. Malaysia (382.4 tons)
  3. Vietnam (270.7 tons)
  4. Indonesia (159.3 tons)
  5. Nepal (59.0 tons)
  6. Bangladesh (21.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ethylene oxide 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 20146373 - Oxirane (ethylene oxide)

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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