India - Esters Of Methacrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethacrylic Acid Esters Price in India - 2023
Contents:
- Methacrylic Acid Esters Price in India (CIF) - 2022
- Methacrylic Acid Esters Price in India (FOB) - 2022
- Methacrylic Acid Esters Imports in India
- Methacrylic Acid Esters Exports in India
Methacrylic Acid Esters Price in India (CIF) - 2022
The average methacrylic acid esters import price stood at $1,982 per ton in 2022, with a decrease of -8.1% against the previous year. Over the period under review, the import price showed a slight contraction. The growth pace was the most rapid in 2017 an increase of 55% against the previous year. The import price peaked at $2,589 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($2,557 per ton) and China ($2,145 per ton), while the price for Saudi Arabia ($1,721 per ton) and Taiwan (Chinese) ($1,850 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.9%), while the prices for the other major suppliers experienced a decline.
Methacrylic Acid Esters Price in India (FOB) - 2022
The average methacrylic acid esters export price stood at $1,949 per ton in 2022, increasing by 72% against the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $2,460 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($2,895 per ton), while the average price for exports to Egypt ($1,194 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 Bangladesh (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.
Methacrylic Acid Esters Imports in India
In 2022, methacrylic acid esters imports into India reduced to 90K tons, shrinking by -1.8% compared with the previous year's figure. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +55.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports attained the peak of 92K tons, and then contracted in the following year.
In value terms, methacrylic acid esters imports contracted to $178M in 2022. In general, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, imports attained the peak of $197M, and then reduced in the following year.
| Import of Methacrylic Acid Esters in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.9 | 9.4 | 69.7 | 41.5 | 61.2% |
| Singapore | 72.6 | 41.6 | 50.9 | 39.0 | -18.7% |
| Saudi Arabia | 2.3 | 7.3 | 28.8 | 35.0 | 147.8% |
| Japan | 8.1 | 6.5 | 13.3 | 14.7 | 22.0% |
| Taiwan (Chinese) | 2.7 | 6.7 | 7.6 | 12.8 | 68.0% |
| United States | 7.5 | 7.5 | 5.5 | 12.4 | 18.2% |
| Thailand | 7.3 | 4.9 | 8.4 | 10.0 | 11.1% |
| South Korea | 6.8 | 3.4 | 9.5 | 9.4 | 11.4% |
| Others | 6.5 | 3.5 | 3.6 | 3.2 | -21.0% |
| Total | 124 | 90.9 | 197 | 178 | 12.8% |
Top Suppliers of Methacrylic Acid Esters to India in 2022:
- Saudi Arabia (20.3K tons)
- Singapore (20.2K tons)
- China (19.4K tons)
- Taiwan (Chinese) (6.9K tons)
- United States (6.5K tons)
- Japan (5.7K tons)
- Thailand (5.0K tons)
- South Korea (4.8K tons)
Methacrylic Acid Esters Exports in India
In 2022, exports of esters of methacrylic acid from India contracted rapidly to 3.1K tons, with a decrease of -68.2% on the previous year's figure. In general, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year.
In value terms, methacrylic acid esters exports dropped significantly to $6M in 2022. Over the period under review, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 112%.
| Export of Methacrylic Acid Esters in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 79.8 | 24.2 | 6.4 | 3,908 | 265.9% |
| Iran | 612 | 154 | 45.9 | 474 | -8.2% |
| Bangladesh | 10.2 | 6.7 | 20.6 | 356 | 226.8% |
| Egypt | 289 | 465 | 6,241 | 296 | 0.8% |
| Brazil | 118 | 284 | 168 | 287 | 34.5% |
| United States | 65.4 | 212 | 606 | 149 | 31.6% |
| South Africa | N/A | N/A | 7.4 | 142 | 1818.9% |
| China | 10,020 | 3,153 | 3,247 | 0.1 | -97.8% |
| Chile | 108 | 335 | 121 | N/A | 5.8% |
| Myanmar | 1,358 | N/A | N/A | N/A | 0% |
| Others | 577 | 505 | 454 | 357 | -14.8% |
| Total | 13,236 | 5,139 | 10,917 | 5,969 | -23.3% |
Top Export Markets for Methacrylic Acid Esters from India in 2022:
- United Arab Emirates (2019.1 tons)
- Egypt (247.8 tons)
- Brazil (215.2 tons)
- Iran (208.4 tons)
- Bangladesh (181.6 tons)
- United States (52.3 tons)
- South Africa (49.0 tons)
- China (0.1 tons)
This report provides an in-depth analysis of the methacrylic acid esters 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 20143340 - Esters of methacrylic acid
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
-
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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