India - Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Propyl and Isopropyl Alcohol in India - 2023
Contents:
- Price for Propyl and Isopropyl Alcohol in India (CIF) - 2022
- Price for Propyl and Isopropyl Alcohol in India (FOB) - 2023
- Imports of Propyl and Isopropyl Alcohol in India
- Exports of Propyl and Isopropyl Alcohol in India
Price for Propyl and Isopropyl Alcohol in India (CIF) - 2022
In 2022, the average propyl and isopropyl alcohol import price amounted to $1,078 per ton, with a decrease of -5% against the previous year. Overall, the import price showed a noticeable decline. The pace of growth appeared the most rapid in 2020 an increase of 39%. Over the period under review, average import prices attained the maximum at $1,420 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($1,138 per ton) and Taiwan (Chinese) ($1,095 per ton), while the price for Singapore ($880 per ton) and South Africa ($1,044 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Propyl and Isopropyl Alcohol in India (FOB) - 2023
The average propyl and isopropyl alcohol export price stood at $1,468 per ton in July 2023, with an increase of 3.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 39% m-o-m. As a result, the export price reached the peak level of $1,693 per ton. From November 2022 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($3,711 per ton), while the average price for exports to the United States ($1,127 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Propyl and Isopropyl Alcohol in India
In 2022, supplies from abroad of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) decreased by -8.8% to 137K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 19%. As a result, imports attained the peak of 185K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, propyl and isopropyl alcohol imports declined to $148M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 65% against the previous year. As a result, imports attained the peak of $207M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Propyl and Isopropyl Alcohol in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 72.1 | 63.0 | 45.0 | 79.1 | 3.1% |
| Taiwan (Chinese) | 12.9 | 20.9 | 32.8 | 27.7 | 29.0% |
| South Korea | 16.7 | 47.9 | 39.0 | 17.4 | 1.4% |
| United States | 12.8 | 30.9 | 16.2 | 10.7 | -5.8% |
| South Africa | 2.0 | 3.7 | 5.8 | 7.4 | 54.7% |
| Netherlands | 1.1 | 16.8 | 11.7 | 4.4 | 58.7% |
| Singapore | 4.8 | 12.7 | 13.1 | N/A | 65.2% |
| Others | 3.1 | 11.3 | 7.0 | 1.3 | -25.1% |
| Total | 126 | 207 | 171 | 148 | 5.5% |
Top Suppliers of Propyl and Isopropyl Alcohol to India in 2022:
- China (74.6K tons)
- Taiwan (Chinese) (25.3K tons)
- South Korea (16.4K tons)
- United States (9.4K tons)
- South Africa (7.1K tons)
- Netherlands (4.2K tons)
- Singapore (0.1K tons)
Exports of Propyl and Isopropyl Alcohol in India
In 2022, the amount of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) exported from India skyrocketed to 11K tons, increasing by 17% compared with the year before. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, propyl and isopropyl alcohol exports expanded markedly to $15M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 54% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Propyl and Isopropyl Alcohol in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 344 | 956 | 31.7 | 7,138 | 174.8% |
| Sri Lanka | 584 | 515 | 2,660 | 1,257 | 29.1% |
| Bangladesh | 179 | 333 | 169 | 771 | 62.7% |
| Jordan | 604 | 368 | 1,164 | 732 | 6.6% |
| Nepal | 438 | 916 | 1,092 | 653 | 14.2% |
| Iran | 2,191 | 1,677 | 99.4 | 599 | -35.1% |
| Kenya | 205 | 494 | 1,312 | 545 | 38.5% |
| Nigeria | 423 | 36.6 | 101 | 314 | -9.5% |
| Qatar | 296 | 251 | 285 | 308 | 1.3% |
| Egypt | 358 | 936 | 691 | 306 | -5.1% |
| Saudi Arabia | 199 | 281 | 291 | 258 | 9.0% |
| United States | 755 | 1,633 | 3,414 | 249 | -30.9% |
| Others | 2,340 | 5,294 | 2,546 | 1,756 | -9.1% |
| Total | 8,917 | 13,691 | 13,857 | 14,885 | 18.6% |
Top Export Markets for Propyl and Isopropyl Alcohol from India in 2022:
- United Arab Emirates (6350.8 tons)
- Sri Lanka (928.1 tons)
- Jordan (502.7 tons)
- Bangladesh (389.8 tons)
- Iran (369.9 tons)
- Kenya (359.0 tons)
- Nepal (355.1 tons)
- Nigeria (217.3 tons)
- Qatar (203.7 tons)
- Saudi Arabia (178.3 tons)
- Egypt (175.3 tons)
- United States (134.4 tons)
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol 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 20142220 - Propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol)
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
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