Price for Poly(Lactic Acid); in Primary Forms in India - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in India (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in India (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in India
- Exports of Poly(Lactic Acid); in Primary Forms in India
Price for Poly(Lactic Acid); in Primary Forms in India (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $4,514 per ton, falling by -3.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 68%. The import price peaked at $8,906 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,889 per ton), while the price for Thailand ($3,716 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+152.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poly(Lactic Acid); in Primary Forms in India (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $3,044 per ton, declining by -12.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,908 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($4,129 per ton), while the average price for exports to Bangladesh amounted to $2,842 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poly(Lactic Acid); in Primary Forms in India
After two years of decline, overseas purchases of poly(lactic acid); in primary formses increased by 215% to 2.2K tons in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms imports skyrocketed to $9.8M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Poly(Lactic Acid); in Primary Forms in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,627 | 2,214 | 2,154 | 6,426 | 58.1% |
| Germany | 273 | 216 | 673 | 2,008 | 94.5% |
| United States | 102 | 176 | 160 | 476 | 67.1% |
| Netherlands | 166 | 164 | 153 | 472 | 41.7% |
| China | 362 | 21.7 | 87.7 | 462 | 8.5% |
| Others | 7.5 | 26.8 | 8.0 | 4.6 | -15.0% |
| Total | 2,538 | 2,818 | 3,235 | 9,849 | 57.1% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to India in 2022:
- Thailand (1729.2 tons)
- Germany (155.8 tons)
- China (109.2 tons)
- United States (108.5 tons)
- Netherlands (78.6 tons)
Exports of Poly(Lactic Acid); in Primary Forms in India
Poly(lactic acid); in primary forms exports from India soared to 898 tons in 2022, growing by 381% against the year before. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 598%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, poly(lactic acid); in primary forms exports soared to $2.7M in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 684% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Poly(Lactic Acid); in Primary Forms in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 132 | 158 | 318 | 2,236 | 156.8% |
| Sri Lanka | 72.4 | 67.1 | 64.8 | 456 | 84.7% |
| China | N/A | 1,411 | 148 | N/A | -89.5% |
| Others | 28.2 | 183 | 122 | 43.5 | 15.5% |
| Total | 232 | 1,819 | 653 | 2,735 | 127.6% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from India in 2022:
- Bangladesh (786.7 tons)
- Sri Lanka (110.4 tons)
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