India - Melamine Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 2, 2024

India - Melamine Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Melamine Resins Price in India - 2023

Contents:

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

Melamine Resins Price in India (CIF) - 2023

In July 2023, the average melamine resins import price amounted to $2,000 per ton, increasing by 2% against the previous month. In general, the import price, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 17% against the previous month. Over the period under review, average import prices reached the peak figure at $2,768 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat 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 Germany ($3,795 per ton), while the price for China ($1,561 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 Taiwan (Chinese) (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Melamine Resins Price in India (FOB) - 2023

In July 2023, the average melamine resins export price amounted to $419 per ton, with an increase of 11% against the previous month. Over the period under review, the export price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in February 2023 an increase of 23% month-to-month. The export price peaked at $629 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Gabon ($1,772 per ton), while the average price for exports to Nepal ($241 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 Gabon (+22.4%), while the prices for the other major destinations experienced a decline.

Melamine Resins Imports in India

Melamine resins imports into India amounted to 15K tons in 2022, approximately mirroring 2021 figures. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, melamine resins imports soared to $36M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +100.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 72% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Melamine Resins in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.33.25.110.748.0%
Thailand9.63.98.810.01.4%
Japan3.12.33.83.0-1.1%
Indonesia0.30.91.82.4100.0%
Taiwan (Chinese)3.32.84.02.3-11.3%
Germany1.20.92.02.222.4%
Belgium1.00.20.21.617.0%
Netherlands1.00.50.91.13.2%
Norway1.02.02.90.2-41.5%
Others2.91.61.92.90.0%
Total26.818.231.436.410.7%

Top Suppliers of Melamine Resins to India in 2022:

  1. China (5.7K tons)
  2. Thailand (4.5K tons)
  3. Japan (1.2K tons)
  4. Taiwan (Chinese) (0.9K tons)
  5. Indonesia (0.7K tons)
  6. Germany (0.6K tons)
  7. Belgium (0.5K tons)
  8. Netherlands (0.4K tons)
  9. Norway (0.1K tons)

Melamine Resins Exports in India

In 2022, the amount of melamine resins in primary forms exported from India soared to 40K tons, jumping by 24% on the previous year's figure. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 71%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, melamine resins exports soared to $20M in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 88% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Melamine Resins in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal4.13.87.38.628.0%
United States0.30.20.82.397.2%
GhanaN/A0.40.51.487.1%
Cote d'IvoireN/AN/A0.61.066.7%
Gabon0.20.40.50.858.7%
United Arab Emirates0.10.10.10.458.7%
Others3.22.84.95.419.1%
Total8.07.814.619.735.0%

Top Export Markets for Melamine Resins from India in 2022:

  1. Nepal (31.5K tons)
  2. Ghana (1.5K tons)
  3. Gabon (1.5K tons)
  4. Cote d'Ivoire (1.1K tons)
  5. United States (0.9K tons)
  6. United Arab Emirates (0.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the melamine resins 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 20165570 - Melamine 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:

  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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