India - Polyethylene Or Polypropylene Binder Or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Binder Price in India - 2023
Contents:
- Polyethylene Binder Price in India (FOB) - 2022
- Polyethylene Binder Price in India (CIF) - 2023
- Polyethylene Binder Exports in India
- Polyethylene Binder Imports in India
Polyethylene Binder Price in India (FOB) - 2022
In 2022, the average polyethylene binder export price amounted to $1,952 per ton, picking up by 5.4% against the previous year. Overall, the export price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2015 when the average export price increased by 26%. As a result, the export price attained the peak level of $2,629 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2,156 per ton), while the average price for exports to Nepal ($1,392 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 Nepal (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Polyethylene Binder Price in India (CIF) - 2023
The average polyethylene binder import price stood at $2,273 per ton in September 2023, remaining constant against the previous month. Overall, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in November 2022 when the average import price increased by 19% month-to-month. The import price peaked at $34,169 per ton in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Portugal.
From September 2022 to September 2023, the rate of growth in terms of prices for Hungary amounted to +7.1% per month.
Polyethylene Binder Exports in India
In 2022, shipments abroad of polyethylene or polypropylene binder or baler (agricultural) twines decreased by -13.4% to 240 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% 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 +31.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, the exports reached the peak of 277 tons, and then contracted in the following year.
In value terms, polyethylene binder exports dropped to $468K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.3% 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 +45.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 60% against the previous year. As a result, the exports reached the peak of $513K, and then dropped in the following year.
| Export of Polyethylene Binder in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cameroon | N/A | 17.9 | 44.7 | 149 | 188.5% |
| Yemen | 43.8 | 68.5 | 105 | 42.8 | -0.8% |
| Australia | 4.1 | 22.1 | 29.8 | 36.3 | 106.9% |
| Senegal | N/A | N/A | 0.1 | 35.8 | 35700.0% |
| Italy | 5.2 | 5.8 | 143 | 35.1 | 89.0% |
| United Kingdom | N/A | 2.4 | 8.7 | 25.1 | 223.4% |
| United Arab Emirates | 14.0 | 2.5 | 37.6 | 22.5 | 17.1% |
| Nepal | 2.8 | 5.9 | 17.9 | 21.1 | 96.1% |
| Oman | 17.9 | 25.3 | 10.0 | 8.3 | -22.6% |
| Kuwait | 54.6 | 44.1 | 37.5 | 5.4 | -53.8% |
| Thailand | 50.3 | 39.9 | 37.8 | N/A | -13.3% |
| Norway | N/A | 41.6 | N/A | N/A | 0% |
| Libya | 38.7 | N/A | N/A | N/A | 0% |
| Others | 109 | 45.2 | 40.4 | 86.1 | -7.6% |
| Total | 340 | 321 | 513 | 468 | 11.2% |
Top Export Markets for Polyethylene Binder from India in 2022:
- Cameroon (75.0 tons)
- Yemen (22.1 tons)
- Australia (19.0 tons)
- Senegal (18.3 tons)
- Italy (17.4 tons)
- Nepal (15.1 tons)
- United Arab Emirates (14.6 tons)
- United Kingdom (11.7 tons)
- Oman (4.4 tons)
- Kuwait (3.2 tons)
Polyethylene Binder Imports in India
For the fourth consecutive year, India recorded growth in supplies from abroad of polyethylene or polypropylene binder or baler (agricultural) twines, which increased by 607% to 80 tons in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 138,400% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, polyethylene binder imports skyrocketed to $237K in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 267,333% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Polyethylene Binder in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | 7.6 | 102 | 1242.1% |
| Portugal | N/A | N/A | 7.5 | 62.0 | 726.7% |
| Vietnam | N/A | N/A | N/A | 51.0 | 0% |
| South Korea | N/A | N/A | 18.7 | 19.9 | 6.4% |
| China | N/A | 17.3 | 0.3 | N/A | -98.3% |
| Others | N/A | 6.8 | 0.8 | 1.9 | -47.1% |
| Total | N/A | 24.1 | 35.0 | 237 | 213.6% |
Top Suppliers of Polyethylene Binder to India in 2022:
- Hungary (31.0 tons)
- Portugal (21.7 tons)
- Vietnam (19.8 tons)
- South Korea (7.0 tons)
This report provides an in-depth analysis of the polyethylene binder 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 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
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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