India - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Monocarboxylic Fatty Acids in India - 2023
Contents:
- Price for Industrial Monocarboxylic Fatty Acids in India (CIF) - 2023
- Price for Industrial Monocarboxylic Fatty Acids in India (FOB) - 2023
- Imports of Industrial Monocarboxylic Fatty Acids in India
- Exports of Industrial Monocarboxylic Fatty Acids in India
Price for Industrial Monocarboxylic Fatty Acids in India (CIF) - 2023
The average industrial monocarboxylic fatty acids import price stood at $893 per ton in September 2023, remaining relatively unchanged against the previous month. In general, the import price saw a slight reduction. The pace of growth appeared the most rapid in May 2023 an increase of 25% m-o-m. The import price peaked at $1,063 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were Singapore ($964 per ton) and Malaysia ($901 per ton), while the price for Bangladesh ($697 per ton) and Thailand ($765 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Singapore (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Industrial Monocarboxylic Fatty Acids in India (FOB) - 2023
The average industrial monocarboxylic fatty acids export price stood at $1,564 per ton in September 2023, stabilizing at the previous month. Overall, the export price showed a slight decline. The most prominent rate of growth was recorded in June 2023 an increase of 10% against the previous month. The export price peaked at $1,906 per ton in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,460 per ton), while the average price for exports to Saudi Arabia ($945 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Industrial Monocarboxylic Fatty Acids in India
Industrial monocarboxylic fatty acids imports into India reduced to 518K tons in 2022, shrinking by -13.4% against the previous year's figure. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 14%.
In value terms, industrial monocarboxylic fatty acids imports rose rapidly to $660M in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Industrial Monocarboxylic Fatty Acids in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 206 | 211 | 395 | 436 | 28.4% |
| Malaysia | 100 | 106 | 151 | 153 | 15.2% |
| Bangladesh | 7.6 | 7.6 | 14.4 | 17.4 | 31.8% |
| United Arab Emirates | 0.8 | 0.8 | 2.8 | 8.5 | 119.8% |
| Others | 23.6 | 26.7 | 44.9 | 45.4 | 24.4% |
| Total | 339 | 352 | 609 | 660 | 24.9% |
Top Suppliers of Industrial Monocarboxylic Fatty Acids to India in 2022:
- Indonesia (347.0K tons)
- Malaysia (107.2K tons)
- Bangladesh (17.2K tons)
- United Arab Emirates (8.7K tons)
Exports of Industrial Monocarboxylic Fatty Acids in India
In 2022, the amount of industrial monocarboxylic fatty acids exported from India surged to 171K tons, rising by 30% against the previous year. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.4% 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 +90.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, industrial monocarboxylic fatty acids exports skyrocketed to $325M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Industrial Monocarboxylic Fatty Acids in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 36.0 | 35.4 | 59.1 | 75.9 | 28.2% |
| Malaysia | 1.2 | 0.6 | 6.0 | 38.0 | 216.4% |
| Germany | 5.3 | 5.8 | 16.0 | 34.9 | 87.4% |
| Netherlands | 8.0 | 8.4 | 17.1 | 27.9 | 51.6% |
| Japan | 18.2 | 14.1 | 22.1 | 24.6 | 10.6% |
| China | 6.9 | 5.7 | 5.8 | 16.8 | 34.5% |
| Belgium | 6.7 | 4.8 | 9.0 | 13.5 | 26.3% |
| United Arab Emirates | 1.5 | 1.1 | 2.8 | 8.9 | 81.0% |
| Italy | 2.9 | 1.7 | 7.2 | 8.4 | 42.5% |
| South Korea | 5.2 | 3.2 | 5.8 | 8.4 | 17.3% |
| United Kingdom | 3.7 | 2.7 | 5.0 | 7.3 | 25.4% |
| Canada | 1.8 | 1.8 | 6.2 | 6.5 | 53.4% |
| Sri Lanka | 14.8 | 8.0 | 10.5 | 6.0 | -26.0% |
| Others | 22.7 | 20.7 | 35.8 | 48.1 | 28.4% |
| Total | 135 | 114 | 208 | 325 | 34.0% |
Top Export Markets for Industrial Monocarboxylic Fatty Acids from India in 2022:
- United States (41.6K tons)
- Malaysia (29.0K tons)
- Germany (16.0K tons)
- Netherlands (12.6K tons)
- Japan (9.2K tons)
- China (7.9K tons)
- Belgium (6.6K tons)
- Italy (5.7K tons)
- United Arab Emirates (5.0K tons)
- Canada (3.8K tons)
- Sri Lanka (3.7K tons)
- South Korea (3.5K tons)
- United Kingdom (3.2K tons)
This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids 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 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
- Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)
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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This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in India.
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The price of Industrial Fatty Alcohols in June 2023 reached $1,615 per ton (CIF, India), marking a 1.8% increase compared to the previous month.
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In September 2022, the tall oil fatty acids price amounted to $2,450 per ton (CIF, India), growing by 17% against the previous month.
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The price of Industrial Fatty Alcohols in June 2023 reached $1,615 per ton (CIF, India), marking a 1.8% increase compared to the previous month.
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In September 2022, the tall oil fatty acids price amounted to $2,450 per ton (CIF, India), growing by 17% against the previous month.
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Explore the top import markets for industrial monocarboxylic fatty acids with valuable insights and statistics from the IndexBox market intelligence platform.
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