India - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Diethylene Glycol and Digol in India - 2023
Contents:
- Price for Diethylene Glycol and Digol in India (FOB) - 2023
- Price for Diethylene Glycol and Digol in India (CIF) - 2022
- Exports of Diethylene Glycol and Digol in India
- Imports of Diethylene Glycol and Digol in India
Price for Diethylene Glycol and Digol in India (FOB) - 2023
In July 2023, the average diethylene glycol and digol export price amounted to $741 per ton, waning by -15.4% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 38% m-o-m. As a result, the export price attained the peak level of $1,094 per ton. From June 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Libya ($1,094 per ton), while the average price for exports to South Korea ($606 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Diethylene Glycol and Digol in India (CIF) - 2022
The average diethylene glycol and digol import price stood at $680 per ton in 2022, dropping by -10.3% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 97%. As a result, import price attained the peak level of $2,493 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($986 per ton), while the price for the United States ($553 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.6%), while the prices for the other major suppliers experienced a decline.
Exports of Diethylene Glycol and Digol in India
In 2022, shipments abroad of 2,2-oxydiethanol (diethylene glycol, digol) decreased by -46.8% to 20K tons, falling for the second year in a row after two years of growth. In general, exports showed a sharp decrease. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of 44K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, diethylene glycol and digol exports reduced sharply to $14M in 2022. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year.
| Export of Diethylene Glycol and Digol in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.2 | 4.1 | 8.2 | 6.9 | 9.9% |
| United Arab Emirates | 1.2 | 0.6 | 3.7 | 2.4 | 26.0% |
| Turkey | N/A | N/A | N/A | 1.1 | 0% |
| Libya | 0.6 | 0.4 | 0.2 | 0.8 | 10.1% |
| Belgium | 8.0 | 1.0 | 2.5 | 0.8 | -53.6% |
| Bahrain | 0.3 | N/A | 0.5 | 0.7 | 32.6% |
| Bangladesh | N/A | N/A | 0.1 | 0.3 | 200.0% |
| China | 5.0 | 19.2 | 10.0 | N/A | 41.4% |
| Others | 1.8 | 2.0 | 5.4 | 1.4 | -8.0% |
| Total | 22.1 | 27.5 | 30.8 | 14.4 | -13.3% |
Top Export Markets for Diethylene Glycol and Digol from India in 2022:
- China (undefinedK tons)
- South Korea (11.3K tons)
- United Arab Emirates (2.6K tons)
- Turkey (1.6K tons)
- Belgium (1.1K tons)
- Bahrain (0.8K tons)
- Libya (0.7K tons)
- Bangladesh (0.4K tons)
Imports of Diethylene Glycol and Digol in India
In 2022, approx. 33K tons of 2,2-oxydiethanol (diethylene glycol, digol) were imported into India; with an increase of 256% against the year before. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, diethylene glycol and digol imports skyrocketed to $23M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Diethylene Glycol and Digol in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 1.7 | 3.0 | 5.7 | 13.2 | 98.0% |
| United Arab Emirates | 0.2 | N/A | N/A | 4.3 | 178.1% |
| Saudi Arabia | N/A | N/A | N/A | 4.2 | 0% |
| United States | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Thailand | 3.1 | 0.4 | 0.1 | 0.3 | -54.1% |
| Malaysia | 0.4 | N/A | 0.4 | N/A | 0.0% |
| Others | 0.8 | 0.4 | 0.5 | 0.2 | -37.0% |
| Total | 6.2 | 3.8 | 7.1 | 22.6 | 53.9% |
Top Suppliers of Diethylene Glycol and Digol to India in 2022:
- Kuwait (20.3K tons)
- Saudi Arabia (6.3K tons)
- United Arab Emirates (5.6K tons)
- United States (0.7K tons)
- Thailand (0.3K tons)
This report provides an in-depth analysis of the market for diethylene glycol and digol 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 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)
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
-
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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