India - Phenols And Other Oils And Oil Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phenols and Other Oils and Oil Products in India - 2023
Contents:
- Price for Phenols and Other Oils and Oil Products in India (CIF) - 2023
- Price for Phenols and Other Oils and Oil Products in India (FOB) - 2022
- Imports of Phenols and Other Oils and Oil Products in India
- Exports of Phenols and Other Oils and Oil Products in India
Price for Phenols and Other Oils and Oil Products in India (CIF) - 2023
The average import price for phenols and other oils and oil products stood at $553 per ton in October 2023, almost unchanged from the previous month. Overall, the import price, however, continues to indicate a slight reduction. The pace of growth appeared the most rapid in June 2023 an increase of 23% month-to-month. Over the period under review, average import prices reached the maximum at $665 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($546 per ton), while the price for the United Arab Emirates ($533 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 Oman (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Phenols and Other Oils and Oil Products in India (FOB) - 2022
The average export price for phenols and other oils and oil products stood at $597 per ton in 2022, increasing by 28% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 35% against the previous year. As a result, the export price reached the peak level of $737 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($601 per ton), while the average price for exports to the United Arab Emirates ($590 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 (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Phenols and Other Oils and Oil Products in India
In 2022, the amount of phenols and other oils and oil products imported into India skyrocketed to 1.7M tons, with an increase of 58% against the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 239% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of phenols and other oils and oil products skyrocketed to $1.1B in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 320%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Phenols and Other Oils and Oil Products in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.7 | 104 | 527 | 887 | 234.5% |
| Singapore | 3.9 | 9.3 | 38.4 | 47.4 | 129.9% |
| United Arab Emirates | N/A | N/A | 0.7 | 36.2 | 5071.4% |
| Qatar | N/A | N/A | N/A | 27.9 | 0% |
| Malaysia | 1.6 | 2.4 | 2.2 | 21.0 | 135.9% |
| Kuwait | 12.3 | 10.4 | 13.7 | 20.9 | 19.3% |
| Oman | 0.2 | 0.2 | 0.8 | 4.6 | 184.4% |
| Others | 25.1 | 22.1 | 42.0 | 46.2 | 22.6% |
| Total | 66.8 | 149 | 625 | 1,092 | 153.8% |
Top Suppliers of Phenols and Other Oils and Oil Products to India in 2022:
- United States (1367.2K tons)
- United Arab Emirates (72.7K tons)
- Singapore (71.8K tons)
- Qatar (57.3K tons)
- Oman (45.6K tons)
- Malaysia (35.0K tons)
- Kuwait (24.7K tons)
Exports of Phenols and Other Oils and Oil Products in India
In 2022, shipments abroad of phenols and other oils and oil products was finally on the rise to reach 618K tons after two years of decline. Overall, exports, however, saw a precipitous decrease.
In value terms, exports of phenols and other oils and oil products skyrocketed to $369M in 2022. In general, exports, however, showed a deep setback.
| Export of Phenols and Other Oils and Oil Products in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 255 | 223 | 48.3 | 135 | -19.1% |
| United Arab Emirates | N/A | 0.3 | N/A | 124 | 1933.1% |
| Malaysia | 321 | 41.2 | 198 | 101 | -32.0% |
| Others | 2.9 | 7.8 | 7.6 | 10.0 | 51.1% |
| Total | 579 | 272 | 254 | 369 | -13.9% |
Top Export Markets for Phenols and Other Oils and Oil Products from India in 2022:
- Singapore (227.4K tons)
- United Arab Emirates (209.9K tons)
- Malaysia (167.6K tons)
This report provides an in-depth analysis of the market for phenols and other oils and oil products 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 20147360 - Phenols
- Prodcom 20147390 - Other oils and oil products, n.e.c.
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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