Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in India - 2023

Contents:

1. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in India (FOB) - 2023
2. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in India (CIF) - 2023
3. Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in India
4. Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in India

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in India (FOB) - 2023

In October 2023, the average export price for carboxyamide-function compounds; amide-function compounds of carbonic acids amounted to $7,979 per ton, dropping by -5.5% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 22% m-o-m. The export price peaked at $10,350 per ton in July 2023; however, from August 2023 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 Germany ($18,482 per ton), while the average price for exports to Australia ($1,985 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 Germany (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in India (CIF) - 2023

In October 2023, the average import price for carboxyamide-function compounds; amide-function compounds of carbonic acids amounted to $5,702 per ton, increasing by 8.3% against the previous month. Over the period from November 2022 to October 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in December 2022 an increase of 27% m-o-m. Over the period under review, average import prices attained the peak figure at $7,136 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($6,239 per ton), while the price for Turkey ($994 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 France (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in India

In 2022, approx. 87K tons of carboxyamide-function compounds; amide-function compounds of carbonic acids were exported from India; surging by 6.4% compared with the previous year's figure. The total export volume increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids skyrocketed to $690M in 2022. The total export value increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid from India in 2022:

1. United States (32.9K tons)
2. France (7.1K tons)
3. Belgium (6.0K tons)
4. Norway (4.4K tons)
5. Netherlands (3.8K tons)
6. United Kingdom (3.6K tons)
7. Germany (2.8K tons)
8. Brazil (2.3K tons)
9. Turkey (2.1K tons)
10. Saudi Arabia (2.1K tons)
11. Taiwan (Chinese) (2.1K tons)
12. United Arab Emirates (2.1K tons)
13. China (1.6K tons)

Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in India

After three years of growth, overseas purchases of carboxyamide-function compounds; amide-function compounds of carbonic acids decreased by -20.8% to 50K tons in 2022. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, 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 39% against the previous year. As a result, imports attained the peak of 64K tons, and then contracted significantly in the following year.

In value terms, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids expanded sharply to $341M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid to India in 2022:

1. China (37.4K tons)
2. Malaysia (2.2K tons)
3. Turkey (1.6K tons)
4. South Korea (1.6K tons)
5. Japan (1.3K tons)
6. Belgium (1.2K tons)
7. Germany (0.9K tons)
8. Saudi Arabia (0.8K tons)

Source: IndexBox Market Intelligence Platform