India - Maleic Anhydride - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaleic Anhydride Price in India - 2023
Contents:
- Maleic Anhydride Price in India (CIF) - 2023
- Maleic Anhydride Price in India (FOB) - 2022
- Maleic Anhydride Imports in India
- Maleic Anhydride Exports in India
Maleic Anhydride Price in India (CIF) - 2023
In July 2023, the average maleic anhydride import price amounted to $909 per ton, waning by -9.9% 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 April 2023 an increase of 11% month-to-month. Over the period under review, average import prices reached the maximum at $1,588 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from South Korea ($1,000 per ton) and Malaysia ($991 per ton), while the price for Russia ($760 per ton) and China ($892 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Russia (-2.8%), while the prices for the other major suppliers experienced a decline.
Maleic Anhydride Price in India (FOB) - 2022
The average maleic anhydride export price stood at $2,311 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 150% against the previous year. As a result, the export price reached the peak level of $2,503 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($3,157 per ton), while the average price for exports to Qatar ($1,352 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 Kuwait (+34.3%), while the prices for the other major destinations experienced mixed trend patterns.
Maleic Anhydride Imports in India
Maleic anhydride imports into India contracted slightly to 77K tons in 2022, remaining stable against 2021. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 35%. As a result, imports reached the peak of 77K tons, leveling off in the following year.
In value terms, maleic anhydride imports expanded significantly to $139M in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 149%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Maleic Anhydride in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.6 | 12.5 | 62.9 | 82.2 | 56.1% |
| Malaysia | 19.3 | 11.8 | 21.0 | 24.3 | 8.0% |
| Taiwan (Chinese) | 14.7 | 14.3 | 30.5 | 19.8 | 10.4% |
| South Korea | 7.3 | 7.9 | 7.1 | 4.2 | -16.8% |
| Indonesia | 5.1 | 4.4 | 5.7 | 4.0 | -7.8% |
| Others | 1.3 | 1.0 | 1.9 | 4.2 | 47.8% |
| Total | 69.2 | 51.9 | 129 | 139 | 26.2% |
Top Suppliers of Maleic Anhydride to India in 2022:
- China (45.4K tons)
- Malaysia (13.2K tons)
- Taiwan (Chinese) (11.8K tons)
- South Korea (2.4K tons)
- Indonesia (1.7K tons)
Maleic Anhydride Exports in India
In 2022, the amount of maleic anhydride exported from India fell significantly to 88 tons, waning by -31.9% against 2021. In general, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 96%.
In value terms, maleic anhydride exports reduced rapidly to $203K in 2022. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 187% against the previous year. As a result, the exports reached the peak of $303K, and then fell notably in the following year.
| Export of Maleic Anhydride in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 58.3 | 38.2 | 79.6 | 83.0 | 12.5% |
| Sri Lanka | 0.5 | 18.0 | 93.9 | 37.1 | 320.2% |
| Saudi Arabia | N/A | N/A | N/A | 28.4 | 0% |
| Nepal | 6.5 | 9.3 | 28.0 | 22.7 | 51.7% |
| South Korea | N/A | N/A | N/A | 20.5 | 0% |
| Kenya | N/A | N/A | 15.7 | 8.5 | -45.9% |
| Qatar | N/A | N/A | N/A | 2.7 | 0% |
| United Arab Emirates | N/A | N/A | 84.5 | N/A | 0% |
| Iran | 217 | 39.8 | N/A | N/A | -81.7% |
| Others | 0.5 | 0.3 | 1.4 | 0.4 | -7.2% |
| Total | 282 | 106 | 303 | 203 | -10.4% |
Top Export Markets for Maleic Anhydride from India in 2022:
- Bangladesh (27.0 tons)
- Sri Lanka (24.0 tons)
- South Korea (12.0 tons)
- Nepal (11.0 tons)
- Saudi Arabia (9.0 tons)
- Kenya (3.0 tons)
- Qatar (2.0 tons)
This report provides an in-depth analysis of the maleic anhydride 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 20143387 - Maleic anhydride
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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In July 2022, the maleic anhydride price amounted to $1,588 per ton (CIF, India), with a decrease of -12.4% against the previous month.
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In November 2022, the maleic anhydride price amounted to $1,152 per ton (CIF, India), rising by 2.4% against the previous month.
