Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India - 2023

Contents:

  1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India (CIF) - 2022
  2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India (FOB) - 2023
  3. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India
  4. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India (CIF) - 2022

In 2022, the average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $2,665 per ton, with an increase of 17% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 29%. Over the period under review, average import prices attained the maximum at $2,794 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,986 per ton), while the price for South Korea ($1,330 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India (FOB) - 2023

In October 2023, the average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $1,637 per ton, declining by -16.2% against the previous month. Overall, the export price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 40% against the previous month. The export price peaked at $2,626 per ton in January 2023; however, from February 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Japan ($5,927 per ton), while the average price for exports to China ($730 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India

In 2022, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds into India totaled 67K tons, increasing by 12% compared with 2021. In general, imports, however, showed a slight descent.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds skyrocketed to $177M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China74.688.810014725.4%
South Korea13.85.59.37.9-17.0%
Belgium5.75.29.36.54.5%
United States10.25.66.25.6-18.1%
Netherlands0.81.40.24.375.2%
Germany5.15.65.93.0-16.2%
Others2.82.64.03.46.7%
Total11311513517716.1%

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to India in 2022:

  1. China (49.2K tons)
  2. South Korea (5.9K tons)
  3. Belgium (3.2K tons)
  4. United States (2.6K tons)
  5. Netherlands (2.2K tons)
  6. Germany (2.1K tons)

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India

In 2022, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds from India reduced to 45K tons, which is down by -9.2% compared with 2021 figures. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 17%.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds expanded remarkably to $120M in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year.

Export of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan8.711.013.715.019.9%
Germany12.510.514.214.34.6%
Belgium7.85.18.814.021.5%
United States7.97.110.412.516.5%
Spain9.47.410.711.46.6%
Turkey9.26.49.67.4-7.0%
China21.38.48.87.3-30.0%
Netherlands3.23.53.15.922.6%
Italy3.81.83.45.613.8%
Brazil1.41.42.23.940.7%
United Arab Emirates0.30.30.52.397.2%
Indonesia3.52.82.92.3-13.1%
Thailand4.33.65.82.2-20.0%
Others53.218.717.316.5-32.3%
Total14688.2112120-6.3%

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from India in 2022:

  1. Germany (6.5K tons)
  2. China (4.8K tons)
  3. Belgium (4.7K tons)
  4. Turkey (3.8K tons)
  5. Spain (3.6K tons)
  6. United States (3.3K tons)
  7. Italy (2.4K tons)
  8. Brazil (2.3K tons)
  9. Japan (2.2K tons)
  10. Netherlands (2.1K tons)
  11. Indonesia (1.3K tons)
  12. United Arab Emirates (1.1K tons)
  13. Thailand (1.1K tons)

Source: IndexBox Market Intelligence Platform

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