India - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Isoprene Rubber (IR) in Primary Form in India - 2023
Contents:
- Price for Isoprene Rubber (IR) in Primary Form in India (CIF) - 2023
- Price for Isoprene Rubber (IR) in Primary Form in India (FOB) - 2023
- Imports of Isoprene Rubber (IR) in Primary Form in India
- Exports of Isoprene Rubber (IR) in Primary Form in India
Price for Isoprene Rubber (IR) in Primary Form in India (CIF) - 2023
The average import price for isoprene rubber (IR) in primary forms stood at $2,109 per ton in October 2023, rising by 30% against the previous month. In general, the import price, however, showed a perceptible contraction. The import price peaked at $3,137 per ton in October 2022; however, from November 2022 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 Japan ($3,738 per ton), while the price for Taiwan (Chinese) ($1,284 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 Japan (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Isoprene Rubber (IR) in Primary Form in India (FOB) - 2023
The average export price for isoprene rubber (IR) in primary forms stood at $1,207 per ton in October 2023, reducing by -6% against the previous month. In general, the export price continues to indicate a mild curtailment. The pace of growth was the most pronounced in July 2023 when the average export price increased by 9.7% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,611 per ton in March 2023; however, from April 2023 to October 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In October 2023, the highest price was recorded for prices to Portugal ($1,497 per ton) and Estonia ($1,404 per ton), while the average price for exports to Vietnam ($1,121 per ton) and Turkey ($1,306 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 Portugal (+0.4%), while the prices for the other major destinations experienced a decline.
Imports of Isoprene Rubber (IR) in Primary Form in India
In 2022, after three years of growth, there was significant decline in supplies from abroad of isoprene rubber (IR) in primary forms, when their volume decreased by -37.1% to 11K tons. Overall, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 87%. As a result, imports reached the peak of 17K tons, and then fell dramatically in the following year.
In value terms, imports of isoprene rubber (IR) in primary forms dropped sharply to $28M in 2022. In general, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 102%. As a result, imports reached the peak of $37M, and then dropped rapidly in the following year.
| Import of Isoprene Rubber (IR) in Primary Form in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 7.3 | 8.7 | 18.9 | 7.3 | 0.0% |
| Japan | 4.8 | 4.3 | 10.6 | 7.2 | 14.5% |
| China | 0.2 | N/A | 2.7 | 6.3 | 215.8% |
| United Arab Emirates | N/A | N/A | N/A | 3.2 | 0% |
| Italy | 1.2 | 0.6 | 0.9 | 1.6 | 10.1% |
| France | 1.6 | 1.4 | 1.8 | 1.1 | -11.7% |
| Malaysia | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| United States | 1.0 | 1.8 | 0.7 | 0.2 | -41.5% |
| Others | 1.2 | 1.3 | 1.0 | 1.0 | -5.9% |
| Total | 17.4 | 18.3 | 37.0 | 28.4 | 17.7% |
Top Suppliers of Isoprene Rubber (IR) in Primary Form to India in 2022:
- Russia (3.4K tons)
- China (2.3K tons)
- Japan (2.1K tons)
- United Arab Emirates (1.8K tons)
- France (0.4K tons)
- Italy (0.3K tons)
- Malaysia (0.2K tons)
Exports of Isoprene Rubber (IR) in Primary Form in India
For the fourth year in a row, India recorded growth in shipments abroad of isoprene rubber (IR) in primary forms, which increased by 71% to 3K tons in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of isoprene rubber (IR) in primary forms soared to $4.9M in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Isoprene Rubber (IR) in Primary Form in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.3 | 17.2 | 386 | 1,519 | 1617.2% |
| Turkey | 64.6 | 137 | 449 | 1,497 | 185.1% |
| Italy | N/A | N/A | 465 | 442 | -4.9% |
| Russia | 1.0 | 179 | 349 | 371 | 618.6% |
| United States | 47.3 | 117 | 219 | 309 | 86.9% |
| Estonia | 29.6 | 375 | 188 | 223 | 96.0% |
| Croatia | N/A | N/A | N/A | 143 | 0% |
| Thailand | 232 | 361 | N/A | 89.2 | -27.3% |
| Serbia | N/A | N/A | 195 | 31.8 | -83.7% |
| Iran | 771 | 69.9 | N/A | N/A | -90.9% |
| Others | 68.2 | 130 | 294 | 252 | 54.6% |
| Total | 1,215 | 1,385 | 2,546 | 4,877 | 58.9% |
Top Export Markets for Isoprene Rubber (IR) in Primary Form from India in 2022:
- Turkey (995.9 tons)
- United Arab Emirates (986.4 tons)
- Italy (298.7 tons)
- Russia (228.0 tons)
- Estonia (138.0 tons)
- Croatia (92.0 tons)
- United States (75.7 tons)
- Thailand (55.0 tons)
- Serbia (23.0 tons)
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary 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:
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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