India - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

India - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Polycarboxylic Acid Price in India - 2023

Contents:

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

Polycarboxylic Acid Price in India (CIF) - 2023

In September 2023, the average polycarboxylic acid import price amounted to $938 per ton, standing approximately at the previous month. Overall, the import price continues to indicate a mild setback. The growth pace was the most rapid in November 2022 an increase of 3.4% month-to-month. Over the period under review, average import prices reached the peak figure at $1,163 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were Malaysia ($1,243 per ton) and China ($1,141 per ton), while the price for Thailand ($842 per ton) and Taiwan (Chinese) ($846 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-0.3%), while the prices for the other major suppliers experienced a decline.

Polycarboxylic Acid Price in India (FOB) - 2023

The average polycarboxylic acid export price stood at $2,111 per ton in September 2023, approximately mirroring the previous month. Overall, the export price recorded a mild descent. The pace of growth appeared the most rapid in February 2023 an increase of 20% m-o-m. As a result, the export price reached the peak level of $2,715 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($6,114 per ton), while the average price for exports to Ethiopia ($1,113 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Polycarboxylic Acid Imports in India

In 2022, polycarboxylic acid imports into India expanded rapidly to 2M tons, picking up by 11% on the previous year. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 140% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, polycarboxylic acid imports skyrocketed to $2.2B in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 178% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Polycarboxylic Acid in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1871436811,19385.5%
Taiwan (Chinese)21096.136642426.4%
Thailand13765.927132433.2%
South Korea436147193136-32.2%
Malaysia49.135.467.061.17.6%
Others16012211475.4-22.2%
Total1,1796091,6912,21423.4%

Top Suppliers of Polycarboxylic Acid to India in 2022:

  1. China (1083.8K tons)
  2. Taiwan (Chinese) (435.9K tons)
  3. Thailand (352.3K tons)
  4. South Korea (88.0K tons)
  5. Malaysia (35.2K tons)

Polycarboxylic Acid Exports in India

For the third year in a row, India recorded decline in overseas shipments of polycarboxylic acids, which decreased by -38.1% to 131K tons in 2022. Overall, exports continue to indicate a deep reduction. The smallest decline of -2.6% was in 2021.

In value terms, polycarboxylic acid exports shrank to $303M in 2022. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year.

Export of Polycarboxylic Acid in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12466.210799.9-7.0%
United Arab Emirates25.913.827.726.71.0%
Egypt5.24.910.117.750.4%
Netherlands10.68.213.215.814.2%
Saudi Arabia9.79.924.610.32.0%
Italy9.88.27.010.21.3%
Turkey25.023.926.17.9-31.9%
Belgium8.77.710.37.1-6.5%
Spain4.54.48.26.714.2%
Malaysia8.93.87.04.5-20.3%
Brazil4.84.44.84.4-2.9%
Australia2.93.92.93.23.3%
Algeria2.3N/A1.12.41.4%
Others11610298.286.2-9.4%
Total359261349303-5.5%

Top Export Markets for Polycarboxylic Acid from India in 2022:

  1. United States (35.2K tons)
  2. United Arab Emirates (16.3K tons)
  3. Turkey (11.7K tons)
  4. Egypt (7.8K tons)
  5. Saudi Arabia (6.4K tons)
  6. Netherlands (4.8K tons)
  7. Belgium (3.7K tons)
  8. Spain (3.6K tons)
  9. Italy (3.5K tons)
  10. Brazil (2.7K tons)
  11. Australia (2.6K tons)
  12. Malaysia (2.4K tons)
  13. Algeria (2.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polycarboxylic acid 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 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
  • Prodcom 20143385 - Adipic acid, its salts and esters
  • Prodcom 20143387 - Maleic anhydride
  • Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
  • Prodcom 20143420 - Other esters of orthophthalic acid
  • Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
  • Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and

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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Average Price of Polycarboxylic Acid in India Is $937 per Ton
Sep 2, 2023
Eye 278

In June 2023, the price of Polycarboxylic Acid was $937 per ton (CIF, India), which was similar to the previous month.

Maleic Anhydride Price Rises to $1,152 per Ton
Mar 6, 2023
Eye 257

In November 2022, the maleic anhydride price amounted to $1,152 per ton (CIF, India), rising by 2.4% against the previous month.

Maleic Anhydride Price in India Continues its Downward Trend, Bottoming at $1,588 per Ton
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Eye 403

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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The global polycarboxylic acid market revenue amounted to $42.8B in 2018, rising by 3.5% against the previous year....

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Average Price of Polycarboxylic Acid in India Is $937 per Ton
Sep 2, 2023
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In June 2023, the price of Polycarboxylic Acid was $937 per ton (CIF, India), which was similar to the previous month.

Free Data: Polycarboxylic Acids - India