Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India (FOB) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India (CIF) - 2022
- Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India
- Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India (FOB) - 2022
The average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $5,371 per ton in 2022, rising by 16% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses increased by +29.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 27%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($5,952 per ton) and the United States ($5,573 per ton), while the average price for exports to Italy ($4,277 per ton) and the Netherlands ($4,766 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India (CIF) - 2022
The average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $8,463 per ton in 2022, reducing by -10.3% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses increased by +12.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 62% against the previous year. Over the period under review, average import prices hit record highs at $9,435 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($20,531 per ton), while the price for Oman ($4,345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India
In 2022, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses from India fell markedly to 4.8K tons, which is down by -16.9% on the year before. Overall, exports recorded a perceptible contraction. The growth pace was the most rapid in 2021 when exports increased by 22%. As a result, the exports reached the peak of 5.7K tons, and then dropped rapidly in the following year.
In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses fell to $26M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, the exports attained the peak of $27M, and then contracted in the following year.
| Export of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.5 | 6.2 | 11.9 | 8.6 | -9.2% |
| Japan | 7.4 | 3.7 | 5.4 | 6.0 | -6.8% |
| Netherlands | 3.0 | 3.4 | 3.8 | 5.2 | 20.1% |
| South Korea | 0.5 | 0.7 | 0.9 | 1.3 | 37.5% |
| Germany | N/A | 0.5 | 0.3 | 1.1 | 48.3% |
| Malaysia | 0.7 | 0.4 | 0.9 | 0.9 | 8.7% |
| Thailand | 0.4 | 0.5 | 0.5 | 0.6 | 14.5% |
| Italy | 1.4 | 0.8 | 0.3 | 0.2 | -47.7% |
| Belgium | 0.8 | 1.2 | 0.5 | 0.2 | -37.0% |
| Others | 0.6 | 2.0 | 2.3 | 1.5 | 35.7% |
| Total | 26.2 | 19.4 | 26.6 | 25.6 | -0.8% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from India in 2022:
- United States (1544.1 tons)
- Japan (1100.1 tons)
- Netherlands (1092.4 tons)
- South Korea (261.0 tons)
- Germany (182.3 tons)
- Malaysia (160.0 tons)
- Thailand (112.0 tons)
- Belgium (41.0 tons)
- Italy (40.2 tons)
Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India
In 2022, approx. 437 tons of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses were imported into India; increasing by 23% on the previous year. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses reached $3.7M in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 94% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,130 | 848 | 1,585 | 1,654 | 13.5% |
| Germany | 576 | 273 | 367 | 1,030 | 21.4% |
| Netherlands | 56.7 | 53.6 | 55.4 | 368 | 86.5% |
| United States | 195 | 238 | 194 | 296 | 14.9% |
| Oman | N/A | N/A | N/A | 86.9 | 0% |
| Hong Kong SAR | 97.2 | 1.8 | 421 | 46.6 | -21.7% |
| Others | 43.7 | 314 | 726 | 219 | 71.1% |
| Total | 2,099 | 1,728 | 3,347 | 3,701 | 20.8% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to India in 2022:
- China (290.8 tons)
- Germany (50.1 tons)
- Netherlands (33.0 tons)
- United States (26.0 tons)
- Oman (20.0 tons)
- Hong Kong SAR (3.5 tons)
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