India - Sodium Hydroxide In Aqueous Solution (Soda Lye Or Liquid Soda) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 23, 2024

India - Sodium Hydroxide In Aqueous Solution (Soda Lye Or Liquid Soda) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Caustic Soda in Aqueous Solution (Soda Lye) in India - 2023

Contents:

  1. Price for Caustic Soda in Aqueous Solution (Soda Lye) in India (FOB) - 2023
  2. Price for Caustic Soda in Aqueous Solution (Soda Lye) in India (CIF) - 2023
  3. Exports of Caustic Soda in Aqueous Solution (Soda Lye) in India
  4. Imports of Caustic Soda in Aqueous Solution (Soda Lye) in India

Price for Caustic Soda in Aqueous Solution (Soda Lye) in India (FOB) - 2023

The average export price for caustic soda in aqueous solution (soda lye) stood at $398 per ton in October 2023, jumping by 16% against the previous month. In general, the export price, however, recorded a pronounced contraction. The export price peaked at $756 per ton in November 2022; however, from December 2022 to October 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From October 2022 to October 2023, the rate of growth in terms of prices for Turkey amounted to +30.9% per month.

Price for Caustic Soda in Aqueous Solution (Soda Lye) in India (CIF) - 2023

In October 2023, the average import price for caustic soda in aqueous solution (soda lye) amounted to $347 per ton, which is down by -15.7% against the previous month. Over the period under review, the import price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 1,143% m-o-m. As a result, import price attained the peak level of $8,544 per ton. From March 2023 to October 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Iran ($347 per ton), while the price for Oman amounted to $328 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Iraq (0.0%), while the prices for the other major suppliers experienced a decline.

Exports of Caustic Soda in Aqueous Solution (Soda Lye) in India

In 2022, approx. 249K tons of caustic soda in aqueous solution (soda lye) were exported from India; with an increase of 328% on 2021. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 677% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of caustic soda in aqueous solution (soda lye) surged to $169M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Caustic Soda in Aqueous Solution (Soda Lye) in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia0.64.65.945.3322.7%
South AfricaN/AN/A5.822.6289.7%
ItalyN/A2.12.221.2217.7%
GuineaN/A3.8N/A13.588.5%
NetherlandsN/A3.0N/A13.0108.2%
United StatesN/AN/A2.511.7368.0%
TurkeyN/AN/AN/A11.00%
SingaporeN/AN/AN/A10.70%
KenyaN/A0.70.69.5268.4%
Indonesia0.73.44.31.528.9%
Others2.02.42.69.065.1%
Total3.319.923.8169271.4%

Top Export Markets for Caustic Soda in Aqueous Solution (Soda Lye) from India in 2022:

  1. Saudi Arabia (68.0K tons)
  2. South Africa (34.2K tons)
  3. Guinea (25.2K tons)
  4. Italy (23.9K tons)
  5. United States (19.8K tons)
  6. Netherlands (16.8K tons)
  7. Kenya (16.1K tons)
  8. Turkey (15.3K tons)
  9. Singapore (14.9K tons)
  10. Indonesia (2.6K tons)

Imports of Caustic Soda in Aqueous Solution (Soda Lye) in India

For the fourth year in a row, India recorded growth in overseas purchases of caustic soda in aqueous solution (soda lye), which increased by 30% to 436K tons in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of caustic soda in aqueous solution (soda lye) soared to $103M in 2022. Over the period under review, imports showed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Caustic Soda in Aqueous Solution (Soda Lye) in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan33.132.749.365.625.6%
OmanN/AN/AN/A16.90%
QatarN/AN/AN/A11.20%
Taiwan (Chinese)N/AN/AN/A8.70%
South Korea12.62.1N/AN/A-83.3%
China14.35.2N/AN/A-63.6%
Others2.52.59.60.9-28.9%
Total62.542.558.810318.1%

Top Suppliers of Caustic Soda in Aqueous Solution (Soda Lye) to India in 2022:

  1. Japan (385.8K tons)
  2. Oman (20.4K tons)
  3. Qatar (18.8K tons)
  4. Taiwan (Chinese) (10.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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