Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India - 2023
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (CIF) - 2022
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (FOB) - 2023
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (CIF) - 2022
The average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $620 per ton in 2022, falling by -11.1% against the previous year. Over the period under review, the import price continues to indicate a slight decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 52%. Over the period under review, average import prices reached the maximum at $792 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,379 per ton), while the price for Qatar ($324 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced a decline.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (FOB) - 2023
In October 2023, the average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,420 per ton, dropping by -12.7% against the previous month. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in January 2023 an increase of 27% month-to-month. The export price peaked at $2,671 per ton in November 2022; however, from December 2022 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the United States ($3,775 per ton), while the average price for exports to Sri Lanka ($344 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.9%), while the prices for the other major destinations experienced a decline.
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India
In 2022, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses into India soared to 4.8M tons, with an increase of 24% compared with the year before. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses expanded significantly to $2.9B in 2022. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 76%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 353 | 264 | 577 | 504 | 12.6% |
| Kuwait | 259 | 186 | 433 | 428 | 18.2% |
| China | 199 | 169 | 301 | 325 | 17.8% |
| Singapore | 186 | 109 | 180 | 219 | 5.6% |
| Qatar | 49.2 | 122 | 209 | 188 | 56.3% |
| Oman | N/A | 34.3 | 63.4 | 158 | 114.6% |
| Iran | 246 | 50.5 | 26.2 | 153 | -14.6% |
| United States | 105 | 118 | 75.7 | 117 | 3.7% |
| United Arab Emirates | 5.6 | 4.9 | 14.9 | 93.9 | 156.0% |
| Malaysia | 60.4 | 44.5 | 73.9 | 80.5 | 10.0% |
| Bahrain | N/A | 3.0 | 17.1 | 67.1 | 372.9% |
| Venezuela | N/A | N/A | 44.8 | 32.5 | -27.5% |
| Algeria | 15.7 | 15.8 | 37.7 | 20.9 | 10.0% |
| Others | 388 | 401 | 628 | 561 | 13.1% |
| Total | 1,867 | 1,522 | 2,681 | 2,949 | 16.5% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to India in 2022:
- Saudi Arabia (1043.0K tons)
- Kuwait (752.6K tons)
- Qatar (580.8K tons)
- Iran (453.7K tons)
- Oman (449.6K tons)
- United Arab Emirates (243.5K tons)
- Singapore (224.3K tons)
- Bahrain (167.5K tons)
- China (136.4K tons)
- United States (129.4K tons)
- Venezuela (92.0K tons)
- Malaysia (68.8K tons)
- Algeria (60.9K tons)
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India
In 2022, the amount of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses exported from India skyrocketed to 244K tons, jumping by 16% on 2021. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, the exports reached the peak of 397K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses soared to $515M in 2022. The total export value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 67.0 | 64.0 | 78.1 | 87.6 | 9.3% |
| United Arab Emirates | 6.4 | 5.2 | 5.6 | 28.1 | 63.7% |
| Brazil | 10.8 | 9.5 | 14.8 | 21.0 | 24.8% |
| Mexico | 14.1 | 14.1 | 11.6 | 19.6 | 11.6% |
| Egypt | 3.2 | 3.0 | 15.8 | 18.7 | 80.1% |
| Indonesia | 6.9 | 9.0 | 18.9 | 18.0 | 37.7% |
| South Korea | 7.0 | 10.3 | 16.0 | 15.9 | 31.5% |
| Bangladesh | 5.0 | 4.5 | 5.4 | 11.2 | 30.8% |
| Taiwan (Chinese) | 9.7 | 5.4 | 9.5 | 9.4 | -1.0% |
| Sri Lanka | 2.8 | 1.9 | 5.8 | 7.1 | 36.4% |
| Nepal | 4.9 | 4.7 | 7.0 | 6.5 | 9.9% |
| South Africa | 2.9 | 3.8 | 3.4 | 5.4 | 23.0% |
| Nigeria | 3.8 | 3.5 | 4.8 | 4.6 | 6.6% |
| Others | 262 | 277 | 226 | 262 | 0.0% |
| Total | 406 | 416 | 422 | 515 | 8.2% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from India in 2022:
- United Arab Emirates (33.8K tons)
- Egypt (25.8K tons)
- United States (16.6K tons)
- Bangladesh (14.6K tons)
- Sri Lanka (12.5K tons)
- Indonesia (9.2K tons)
- Nepal (8.3K tons)
- Brazil (8.2K tons)
- South Africa (6.7K tons)
- South Korea (6.7K tons)
- Nigeria (6.0K tons)
- Mexico (5.4K tons)
- Taiwan (Chinese) (4.9K tons)
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