Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India - 2023
Contents:
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (FOB) - 2023
- Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (CIF) - 2023
- Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 273 | 211 | 238 | 136 | -20.7% |
United States | 58.5 | 50.0 | 50.7 | 53.4 | -3.0% |
Netherlands | 24.5 | 21.3 | 16.1 | 18.4 | -9.1% |
Singapore | 25.4 | 16.8 | 14.6 | 16.7 | -13.0% |
Japan | 21.5 | 15.4 | 16.6 | 14.1 | -13.1% |
Brazil | 7.5 | 8.5 | 11.1 | 13.1 | 20.4% |
Spain | 11.9 | 10.5 | 10.1 | 8.9 | -9.2% |
Belgium | 2.4 | 7.0 | 7.9 | 6.9 | 42.2% |
Germany | 12.3 | 8.8 | 7.2 | 6.4 | -19.6% |
South Korea | 4.5 | 6.2 | 8.6 | 6.4 | 12.5% |
Canada | 0.9 | 1.1 | 0.9 | 4.0 | 64.4% |
United Kingdom | 6.2 | 5.8 | 6.0 | 4.0 | -13.6% |
United Arab Emirates | 2.1 | 1.6 | 2.7 | 3.5 | 18.6% |
Others | 76.0 | 65.2 | 71.6 | 71.2 | -2.2% |
Total | 527 | 429 | 463 | 363 | -11.7% |
Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from India in 2022:
- China (11.0K tons)
- United States (9.1K tons)
- Japan (3.1K tons)
- Brazil (2.3K tons)
- Netherlands (2.1K tons)
- South Korea (1.8K tons)
- Singapore (1.4K tons)
- Spain (1.2K tons)
- Belgium (1.1K tons)
- United Arab Emirates (1.0K tons)
- Germany (1.0K tons)
- Canada (0.9K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 52.3 | 46.4 | 68.6 | 90.4 | 20.0% |
Malaysia | 19.7 | 24.5 | 41.1 | 29.4 | 14.3% |
United States | 5.7 | 6.2 | 11.7 | 9.6 | 19.0% |
Germany | 12.5 | 8.3 | 11.9 | 8.2 | -13.1% |
Netherlands | 12.6 | 4.7 | 6.2 | 6.1 | -21.5% |
Belgium | 2.2 | 4.4 | 2.9 | 4.7 | 28.8% |
France | 2.4 | 3.7 | 2.5 | 3.2 | 10.1% |
Singapore | 7.6 | 14.0 | 4.2 | 2.2 | -33.8% |
Others | 17.3 | 17.6 | 14.9 | 16.3 | -2.0% |
Total | 132 | 130 | 164 | 170 | 8.8% |
Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to India in 2022:
- China (4.3K tons)
- Malaysia (2.1K tons)
- United States (0.9K tons)
- Germany (0.5K tons)
- Netherlands (0.4K tons)
- Belgium (0.3K tons)
- France (0.2K tons)
- Singapore (0.1K tons)
This report provides an in-depth analysis of the aromatic alcohols market in India.
This report provides an in-depth analysis of the alcohols market in India.
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This report provides an in-depth analysis of the global alcohols market.
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