India - Palmitic Acid, Stearic Acid, Their Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Palmitic Acid, Stearic Acid, Their Salts and Esters in India - 2023
Contents:
- Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in India (FOB) - 2023
- Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in India (CIF) - 2023
- Exports of Palmitic Acid, Stearic Acid, Their Salts and Esters in India
- Imports of Palmitic Acid, Stearic Acid, Their Salts and Esters in India
Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in India (FOB) - 2023
In October 2023, the average export price for palmitic acid, stearic acid, their salts and esters amounted to $2,336 per ton, rising by 12% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $2,563 per ton in October 2022; however, from November 2022 to October 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 Arab Emirates ($4,142 per ton), while the average price for exports to Sri Lanka ($1,410 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in India (CIF) - 2023
In October 2023, the average import price for palmitic acid, stearic acid, their salts and esters amounted to $1,794 per ton, declining by -24.1% against the previous month. Over the period under review, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in July 2023 an increase of 32% m-o-m. Over the period under review, average import prices reached the peak figure at $2,417 per ton in February 2023; however, from March 2023 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 the Netherlands ($3,403 per ton), while the price for Indonesia ($930 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 China (-2.1%), while the prices for the other major suppliers experienced a decline.
Exports of Palmitic Acid, Stearic Acid, Their Salts and Esters in India
Exports of palmitic acid, stearic acid, their salts and esters from India declined dramatically to 65K tons in 2022, waning by -15.1% compared with 2021 figures. In general, exports recorded a deep setback. The smallest decline of -2.9% was in 2021.
In value terms, exports of palmitic acid, stearic acid, their salts and esters rose notably to $160M in 2022. Overall, exports showed a relatively flat trend pattern.
| Export of Palmitic Acid, Stearic Acid, Their Salts and Esters in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.6 | 16.5 | 19.9 | 28.8 | 17.8% |
| Netherlands | 23.7 | 17.6 | 17.6 | 12.1 | -20.1% |
| Russia | 9.8 | 8.7 | 12.0 | 11.0 | 3.9% |
| United Arab Emirates | 4.6 | 4.1 | 6.6 | 9.0 | 25.1% |
| Sri Lanka | 0.3 | 0.4 | 3.5 | 6.7 | 181.6% |
| South Africa | 2.7 | 3.1 | 4.7 | 6.1 | 31.2% |
| Belgium | 5.8 | 5.3 | 6.8 | 5.5 | -1.8% |
| Turkey | 2.8 | 2.4 | 4.2 | 5.0 | 21.3% |
| Canada | 2.4 | 1.7 | 2.3 | 4.9 | 26.9% |
| Japan | 4.6 | 3.3 | 3.8 | 4.5 | -0.7% |
| Saudi Arabia | 1.8 | 2.4 | 3.1 | 4.2 | 32.6% |
| Germany | 4.5 | 3.5 | 5.3 | 4.0 | -3.9% |
| Spain | 2.2 | 2.7 | 3.2 | 3.9 | 21.0% |
| Others | 79.7 | 63.4 | 50.7 | 54.1 | -12.1% |
| Total | 163 | 135 | 144 | 160 | -0.6% |
Top Export Markets for Palmitic Acid, Stearic Acid, Their Salts and Esters from India in 2022:
- United States (9.7K tons)
- Netherlands (5.2K tons)
- Russia (4.2K tons)
- United Arab Emirates (3.9K tons)
- Sri Lanka (3.8K tons)
- Belgium (2.5K tons)
- South Africa (2.2K tons)
- Canada (1.8K tons)
- Saudi Arabia (1.8K tons)
- Japan (1.8K tons)
- Turkey (1.7K tons)
- Germany (1.6K tons)
- Spain (1.5K tons)
Imports of Palmitic Acid, Stearic Acid, Their Salts and Esters in India
In 2022, the amount of palmitic acid, stearic acid, their salts and esters imported into India skyrocketed to 28K tons, increasing by 54% on 2021. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of palmitic acid, stearic acid, their salts and esters skyrocketed to $67M in 2022. Overall, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Palmitic Acid, Stearic Acid, Their Salts and Esters in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 4.4 | 4.1 | 21.3 | 62.1% |
| Malaysia | 7.0 | 6.1 | 10.3 | 19.7 | 41.2% |
| Netherlands | 7.0 | 7.7 | 9.6 | 8.5 | 6.7% |
| United States | 8.4 | 4.5 | 3.7 | 6.8 | -6.8% |
| Singapore | 2.7 | 2.4 | 3.1 | 2.6 | -1.3% |
| Indonesia | 2.0 | 1.2 | 1.3 | 2.3 | 4.8% |
| Italy | 1.5 | 1.0 | 0.9 | 0.8 | -18.9% |
| Bangladesh | 0.6 | 0.1 | 0.6 | 0.5 | -5.9% |
| Others | 4.6 | 4.1 | 9.8 | 4.0 | -4.6% |
| Total | 38.7 | 31.5 | 43.4 | 66.6 | 19.8% |
Top Suppliers of Palmitic Acid, Stearic Acid, Their Salts and Esters to India in 2022:
- China (11.3K tons)
- Malaysia (9.6K tons)
- Netherlands (2.5K tons)
- Indonesia (1.3K tons)
- Singapore (0.9K tons)
- Bangladesh (0.7K tons)
- United States (0.7K tons)
- Italy (0.3K tons)
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, 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 20143235 - Palmitic acid, stearic acid, their 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
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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
444
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