India - Lauric Acid And Others, Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lauric Acid and Other Acids, Their Salts and Esters in India - 2023
Contents:
- Price for Lauric Acid and Other Acids, Their Salts and Esters in India (CIF) - 2023
- Price for Lauric Acid and Other Acids, Their Salts and Esters in India (FOB) - 2022
- Imports of Lauric Acid and Other Acids, Their Salts and Esters in India
- Exports of Lauric Acid and Other Acids, Their Salts and Esters in India
Price for Lauric Acid and Other Acids, Their Salts and Esters in India (CIF) - 2023
In October 2023, the average import price for lauric acid and other acids, their salts and esters amounted to $1,820 per ton, reducing by -25.3% against the previous month. In general, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 16% against the previous month. The import price peaked at $2,740 per ton in August 2023; however, from September 2023 to October 2023, import prices remained at a 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 the Netherlands ($4,063 per ton), while the price for Indonesia ($940 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 Singapore (+4.5%), while the prices for the other major suppliers experienced a decline.
Price for Lauric Acid and Other Acids, Their Salts and Esters in India (FOB) - 2022
The average export price for lauric acid and other acids, their salts and esters stood at $9,262 per ton in 2022, falling by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 24%. Over the period under review, the average export prices hit record highs at $9,908 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($57,576 per ton), while the average price for exports to Bangladesh ($2,564 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lauric Acid and Other Acids, Their Salts and Esters in India
In 2022, the amount of lauric acid and other acids, their salts and esters imported into India expanded modestly to 113K tons, increasing by 3% against the year before. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 13%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of lauric acid and other acids, their salts and esters surged to $358M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +63.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Lauric Acid and Other Acids, Their Salts and Esters in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 89.6 | 112 | 109 | 143 | 16.9% |
| Indonesia | 30.2 | 34.2 | 48.2 | 71.6 | 33.3% |
| Malaysia | 25.2 | 24.9 | 46.5 | 53.2 | 28.3% |
| United States | 19.9 | 16.9 | 24.3 | 26.2 | 9.6% |
| Netherlands | 12.5 | 8.5 | 11.3 | 12.9 | 1.1% |
| South Korea | 6.4 | 1.3 | 3.0 | 9.6 | 14.5% |
| Japan | 4.4 | 3.2 | 8.5 | 7.8 | 21.0% |
| Sweden | 3.0 | 2.9 | 8.2 | 5.9 | 25.3% |
| Others | 28.8 | 23.5 | 35.4 | 28.5 | -0.3% |
| Total | 220 | 227 | 294 | 358 | 17.6% |
Top Suppliers of Lauric Acid and Other Acids, Their Salts and Esters to India in 2022:
- Indonesia (41.2K tons)
- China (29.9K tons)
- Malaysia (25.2K tons)
- Japan (2.5K tons)
- South Korea (2.2K tons)
- Netherlands (2.1K tons)
- United States (2.1K tons)
- Sweden (2.1K tons)
Exports of Lauric Acid and Other Acids, Their Salts and Esters in India
In 2022, approx. 21K tons of lauric acid and other acids, their salts and esters were exported from India; growing by 7.4% on 2021 figures. The total export volume increased at an average annual rate of +4.6% 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 2021 with an increase of 28%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of lauric acid and other acids, their salts and esters rose modestly to $195M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Lauric Acid and Other Acids, Their Salts and Esters in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 39.5 | 25.0 | 35.0 | 35.4 | -3.6% |
| Singapore | 15.5 | 25.4 | 37.6 | 19.2 | 7.4% |
| Germany | 12.8 | 5.1 | 9.3 | 17.3 | 10.6% |
| Japan | 13.9 | 12.1 | 9.5 | 17.1 | 7.2% |
| Netherlands | 6.1 | 10.6 | 14.2 | 16.2 | 38.5% |
| China | 10.7 | 6.9 | 11.7 | 14.7 | 11.2% |
| Spain | 3.0 | 5.4 | 4.8 | 6.7 | 30.7% |
| Turkey | 3.6 | 2.7 | 3.6 | 6.2 | 19.9% |
| Mexico | 3.6 | 3.5 | 3.9 | 5.7 | 16.6% |
| Egypt | 2.2 | 2.9 | 4.3 | 5.7 | 37.3% |
| United Arab Emirates | 0.4 | 12.7 | 9.1 | 4.9 | 130.5% |
| Bangladesh | 3.3 | 2.3 | 3.8 | 4.1 | 7.5% |
| Iran | 5.7 | 2.6 | 0.4 | 0.9 | -46.0% |
| Others | 37.8 | 34.9 | 41.8 | 41.2 | 2.9% |
| Total | 158 | 152 | 189 | 195 | 7.3% |
Top Export Markets for Lauric Acid and Other Acids, Their Salts and Esters from India in 2022:
- United States (4.1K tons)
- Netherlands (2.7K tons)
- Germany (2.2K tons)
- China (2.0K tons)
- Bangladesh (1.6K tons)
- Japan (1.4K tons)
- Egypt (1.0K tons)
- Mexico (0.8K tons)
- Turkey (0.6K tons)
- Spain (0.5K tons)
- United Arab Emirates (0.4K tons)
- Singapore (0.3K tons)
- Iran (0.2K tons)
This report provides an in-depth analysis of the market for lauric acid and other acids, their salts and esters 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 20143280 - Lauric acid and others, salts and esters
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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