Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India - 2023

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (FOB) - 2023
  2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (CIF) - 2023
  3. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India
  4. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (FOB) - 2023

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $6,618 per ton in October 2023, approximately equating the previous month. In general, the export price showed a mild downturn. The growth pace was the most rapid in June 2023 an increase of 30% against the previous month. The export price peaked at $9,093 per ton in January 2023; however, from February 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($16,155 per ton), while the average price for exports to Taiwan (Chinese) ($1,899 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 Brazil (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (CIF) - 2023

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $12,610 per ton in October 2023, which is down by -3.3% against the previous month. Overall, the import price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in April 2023 when the average import price increased by 19% m-o-m. Over the period under review, average import prices reached the maximum at $18,143 per ton in November 2022; however, from December 2022 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($131K per ton), while the price for the Netherlands ($5,522 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+16.9%), while the prices for the other major suppliers experienced a decline.

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India

In 2022, after three years of growth, there was significant decline in overseas shipments of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses, when their volume decreased by -23.6% to 44K tons. Overall, exports recorded a slight slump. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. As a result, the exports reached the peak of 58K tons, and then declined rapidly in the following year.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses declined notably to $363M in 2022. Over the period under review, exports faced a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 7.8%.

Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China273211238136-20.7%
United States58.550.050.753.4-3.0%
Netherlands24.521.316.118.4-9.1%
Singapore25.416.814.616.7-13.0%
Japan21.515.416.614.1-13.1%
Brazil7.58.511.113.120.4%
Spain11.910.510.18.9-9.2%
Belgium2.47.07.96.942.2%
Germany12.38.87.26.4-19.6%
South Korea4.56.28.66.412.5%
Canada0.91.10.94.064.4%
United Kingdom6.25.86.04.0-13.6%
United Arab Emirates2.11.62.73.518.6%
Others76.065.271.671.2-2.2%
Total527429463363-11.7%

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from India in 2022:

  1. China (11.0K tons)
  2. United States (9.1K tons)
  3. Japan (3.1K tons)
  4. Brazil (2.3K tons)
  5. Netherlands (2.1K tons)
  6. South Korea (1.8K tons)
  7. Singapore (1.4K tons)
  8. Spain (1.2K tons)
  9. Belgium (1.1K tons)
  10. United Arab Emirates (1.0K tons)
  11. Germany (1.0K tons)
  12. Canada (0.9K tons)
  13. United Kingdom (0.6K tons)

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India

In 2022, the amount of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses imported into India declined to 9.2K tons, shrinking by -8.7% on 2021 figures. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of 10K tons, and then dropped in the following year.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses expanded to $170M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China52.346.468.690.420.0%
Malaysia19.724.541.129.414.3%
United States5.76.211.79.619.0%
Germany12.58.311.98.2-13.1%
Netherlands12.64.76.26.1-21.5%
Belgium2.24.42.94.728.8%
France2.43.72.53.210.1%
Singapore7.614.04.22.2-33.8%
Others17.317.614.916.3-2.0%
Total1321301641708.8%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to India in 2022:

  1. China (4.3K tons)
  2. Malaysia (2.1K tons)
  3. United States (0.9K tons)
  4. Germany (0.5K tons)
  5. Netherlands (0.4K tons)
  6. Belgium (0.3K tons)
  7. France (0.2K tons)
  8. Singapore (0.1K tons)

Source: IndexBox Market Intelligence Platform

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