Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in India - 2023

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in India (CIF) - 2023
2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in India (FOB) - 2023
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in India
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in India

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in India (CIF) - 2023

In July 2023, the average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $1,399 per ton, shrinking by -1.9% against the previous month. Over the period under review, the import price recorded a slight decrease. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 6.8% against the previous month. Over the period under review, average import prices reached the maximum at $1,538 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($1,641 per ton), while the price for Malaysia ($1,395 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (-0.9%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in India (FOB) - 2023

The average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $1,670 per ton in July 2023, surging by 4.5% against the previous month. Over the period under review, the export price, however, saw a noticeable downturn. The pace of growth was the most pronounced in April 2023 an increase of 7.2% month-to-month. The export price peaked at $1,959 per ton in November 2022; however, from December 2022 to July 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In July 2023, the countries with the highest prices were the United States ($1,940 per ton) and Saudi Arabia ($1,703 per ton), while the average price for exports to Turkey ($1,333 per ton) and the United Arab Emirates ($1,613 per ton) were amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+1.1%), while the prices for the other major destinations experienced a decline.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in India

In 2022, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses into India skyrocketed to 12K tons, rising by 19% against the year before. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 129%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses surged to $22M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 91% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to India in 2022:

1. Malaysia (8.1K tons)
2. South Korea (2.1K tons)
3. Vietnam (1.1K tons)
4. Taiwan (Chinese) (0.5K tons)
5. Thailand (0.5K tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in India

Exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses from India declined remarkably to 3K tons in 2022, reducing by -67.9% against the year before. Over the period under review, exports, however, saw measured growth. The pace of growth appeared the most rapid in 2021 with an increase of 385% against the previous year. As a result, the exports reached the peak of 9.4K tons, and then contracted remarkably in the following year.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses reduced sharply to $6M in 2022. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 774% against the previous year. As a result, the exports reached the peak of $19M, and then reduced rapidly in the following year.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from India in 2022:

1. United Arab Emirates (1531.6 tons)
2. Saudi Arabia (620.9 tons)
3. United States (313.2 tons)
4. Egypt (201.2 tons)
5. Ukraine (87.2 tons)
6. Israel (66.4 tons)
7. Lebanon (65.4 tons)

Source: IndexBox Market Intelligence Platform