India - Sodium Hydroxide (Caustic Soda) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Caustic Soda in the Solid Form in India - 2023
Contents:
- Price for Caustic Soda in the Solid Form in India (FOB) - 2023
- Price for Caustic Soda in the Solid Form in India (CIF) - 2023
- Exports of Caustic Soda in the Solid Form in India
- Imports of Caustic Soda in the Solid Form in India
Price for Caustic Soda in the Solid Form in India (FOB) - 2023
The average export price for caustic soda in the solid form stood at $464 per ton in October 2023, growing by 7.7% against the previous month. Over the period under review, the export price, however, continues to indicate a noticeable decline. Over the period under review, the average export prices attained the maximum at $733 per ton in November 2022; however, from December 2022 to October 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In October 2023, the highest price was recorded for prices to Sri Lanka ($531 per ton) and South Africa ($491 per ton), while the average price for exports to Cameroon ($430 per ton) and Vietnam ($433 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (-1.7%), while the prices for the other major destinations experienced a decline.
Price for Caustic Soda in the Solid Form in India (CIF) - 2023
In October 2023, the average import price for caustic soda in the solid form amounted to $542 per ton, picking up by 12% against the previous month. Overall, the import price, however, saw a perceptible downturn. The pace of growth was the most pronounced in August 2023 an increase of 13% m-o-m. The import price peaked at $791 per ton in October 2022; however, from November 2022 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was South Korea ($953 per ton), while the price for Bangladesh ($418 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Malaysia (0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Caustic Soda in the Solid Form in India
In 2022, approx. 167K tons of caustic soda in the solid form were exported from India; picking up by 7.2% on 2021. The total export volume increased at an average annual rate of +14.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 32% against the previous year. Over the period under review, the exports of caustic soda in solid form attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of caustic soda in the solid form surged to $109M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Caustic Soda in the Solid Form in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 1.1 | 2.1 | 5.7 | 9.7 | 106.6% |
| Tanzania | 7.9 | 6.2 | 9.5 | 9.7 | 7.1% |
| Sudan | 1.4 | 2.1 | 1.2 | 8.2 | 80.3% |
| Kenya | 6.5 | 5.4 | 7.2 | 6.2 | -1.6% |
| Vietnam | 5.1 | 3.9 | 3.3 | 6.1 | 6.1% |
| Mozambique | 3.5 | 2.4 | 4.4 | 6.0 | 19.7% |
| Nigeria | 3.3 | 5.1 | 6.5 | 5.6 | 19.3% |
| Myanmar | 2.0 | 3.4 | 2.2 | 4.9 | 34.8% |
| Nepal | 3.8 | 2.9 | 3.3 | 4.8 | 8.1% |
| Cote d'Ivoire | 2.0 | 1.6 | 2.1 | 4.6 | 32.0% |
| Ghana | 0.7 | 0.9 | 1.1 | 4.1 | 80.3% |
| Uganda | 4.0 | 3.7 | 3.2 | 3.9 | -0.8% |
| Sri Lanka | 1.8 | 3.0 | 2.4 | 3.8 | 28.3% |
| Others | 23.9 | 24.4 | 16.7 | 31.4 | 9.5% |
| Total | 67.1 | 67.1 | 68.8 | 109 | 17.6% |
Top Export Markets for Caustic Soda in the Solid Form from India in 2022:
- Myanmar (14.6K tons)
- South Africa (13.6K tons)
- Tanzania (13.5K tons)
- Sri Lanka (12.1K tons)
- Sudan (10.7K tons)
- Vietnam (8.6K tons)
- Mozambique (8.6K tons)
- Kenya (8.4K tons)
- Nigeria (7.5K tons)
- Nepal (6.8K tons)
- Cote d'Ivoire (6.3K tons)
- Uganda (5.6K tons)
- Ghana (5.4K tons)
Imports of Caustic Soda in the Solid Form in India
In 2022, the amount of caustic soda in the solid form imported into India soared to 16K tons, jumping by 76% compared with the previous year. In general, imports, however, recorded a noticeable shrinkage.
In value terms, imports of caustic soda in the solid form skyrocketed to $12M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, 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.
| Import of Caustic Soda in the Solid Form in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 9.1 | 1.9 | 4.4 | 10.5 | 4.9% |
| South Korea | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| Indonesia | N/A | 0.3 | N/A | N/A | 0% |
| Others | 0.4 | 6.1 | 2.7 | 1.1 | 40.1% |
| Total | 9.6 | 8.5 | 7.4 | 12.0 | 7.7% |
Top Suppliers of Caustic Soda in the Solid Form to India in 2022:
- Bangladesh (15.2K tons)
- South Korea (0.3K tons)
This report provides an in-depth analysis of the market for caustic soda in the solid form 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 20132525 - Sodium hydroxide (caustic soda), solid
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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