Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India (CIF) - 2023
- Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India (FOB) - 2023
- Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India
- Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India (CIF) - 2023
The average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,370 per ton in July 2023, falling by -2.5% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 4.5% m-o-m. Over the period under review, average import prices attained the maximum at $1,459 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 Malaysia ($1,379 per ton), while the price for China amounted to $1,302 per ton.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India (FOB) - 2023
The average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,484 per ton in July 2023, declining by -7.7% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average export price increased by 9.3% m-o-m. As a result, the export price attained the peak level of $1,608 per ton, and then declined in the following month.
Average prices varied noticeably for the major overseas markets. In July 2023, the highest price was recorded for prices to Algeria ($1,613 per ton) and Nepal ($1,525 per ton), while the average price for exports to the United Arab Emirates ($1,342 per ton) and Lebanon ($1,401 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 Algeria (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India
In 2022, the amount of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses imported into India reduced rapidly to 10K tons, dropping by -17.4% against the previous year's figure. Overall, imports showed a precipitous slump. The pace of growth appeared the most rapid in 2021 when imports increased by 29%.
In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses fell to $18M in 2022. In general, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 111%.
| Import of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 10.9 | 7.1 | 11.1 | 14.4 | 9.7% |
| China | 0.3 | N/A | 0.4 | 1.4 | 67.1% |
| Taiwan (Chinese) | 7.3 | 0.6 | 3.2 | 1.1 | -46.8% |
| Vietnam | N/A | 0.2 | 0.7 | 0.8 | 100.0% |
| South Korea | 22.6 | 1.4 | 3.2 | 0.1 | -83.6% |
| Others | N/A | 0.4 | 1.7 | 0.3 | -13.4% |
| Total | 41.1 | 9.6 | 20.3 | 18.0 | -24.1% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to India in 2022:
- Malaysia (8.1K tons)
- China (0.9K tons)
- Taiwan (Chinese) (0.6K tons)
- Vietnam (0.5K tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India
In 2022, overseas shipments of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses decreased by -25.2% to 2.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 210%.
In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses shrank significantly to $3.9M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 192% against the previous year. As a result, the exports attained the peak of $5.5M, and then reduced sharply in the following year.
| Export of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 181 | 548 | 1,375 | 773 | 62.2% |
| Egypt | 1.4 | 45.5 | 509 | 702 | 694.5% |
| Nepal | 59.0 | 132 | 1,040 | 580 | 114.2% |
| Jordan | N/A | 164 | 82.4 | 563 | 85.3% |
| Nigeria | N/A | 8.7 | 293 | 189 | 366.1% |
| Yemen | N/A | 512 | N/A | 183 | -40.2% |
| Qatar | 22.4 | 87.4 | 71.8 | 180 | 100.3% |
| Morocco | 149 | N/A | 173 | 170 | 4.5% |
| United States | 181 | 83.7 | 218 | 162 | -3.6% |
| Kenya | N/A | 110 | 433 | 114 | 1.8% |
| Cuba | 179 | 76.3 | N/A | 111 | -14.7% |
| Chile | N/A | 43.5 | 209 | N/A | 380.5% |
| Algeria | N/A | N/A | 314 | N/A | 0% |
| Others | 26.3 | 62.6 | 748 | 214 | 101.1% |
| Total | 799 | 1,874 | 5,467 | 3,941 | 70.2% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from India in 2022:
- United Arab Emirates (428.7 tons)
- Egypt (364.0 tons)
- Jordan (330.0 tons)
- Nepal (309.4 tons)
- Nigeria (110.0 tons)
- Yemen (108.0 tons)
- Qatar (99.0 tons)
- Morocco (84.4 tons)
- United States (79.0 tons)
- Kenya (55.2 tons)
- Cuba (54.0 tons)
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