India - Methyloxirane (Propylene Oxide) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPropylene Oxide Price in India - 2023
Contents:
- Propylene Oxide Price in India (CIF) - 2023
- Propylene Oxide Price in India (FOB) - 2022
- Propylene Oxide Imports in India
- Propylene Oxide Exports in India
Propylene Oxide Price in India (CIF) - 2023
In July 2023, the average propylene oxide import price amounted to $1,483 per ton, waning by -10.3% against the previous month. Overall, the import price continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 12% against the previous month. As a result, import price attained the peak level of $2,160 per ton. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from South Korea ($1,643 per ton) and China ($1,607 per ton), while the price for Saudi Arabia ($1,398 per ton) and Taiwan (Chinese) ($1,497 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.9%), while the prices for the other major suppliers experienced a decline.
Propylene Oxide Price in India (FOB) - 2022
In 2022, the average propylene oxide export price amounted to $4,973 per ton, increasing by 2.9% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propylene oxide export price decreased by -2.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 39%. As a result, the export price reached the peak level of $5,091 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($8,862 per ton), while the average price for exports to the Netherlands ($579 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 Canada (-4.0%), while the prices for the other major destinations experienced a decline.
Propylene Oxide Imports in India
In 2022, propylene oxide imports into India expanded slightly to 23K tons, increasing by 1.8% compared with the year before. Overall, imports, however, showed a mild downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 48%.
In value terms, propylene oxide imports declined to $42M in 2022. In general, imports showed prominent growth. The growth pace was the most rapid in 2021 with an increase of 113%. As a result, imports attained the peak of $48M, and then reduced in the following year.
| Import of Propylene Oxide in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2.2 | 7.2 | 25.2 | 20.4 | 110.1% |
| Singapore | 22.1 | 6.9 | 10.9 | 11.6 | -19.3% |
| South Korea | 5.1 | 3.4 | 7.3 | 5.9 | 5.0% |
| Taiwan (Chinese) | 1.9 | 2.4 | 1.9 | 1.8 | -1.8% |
| Thailand | 1.8 | 1.6 | 1.3 | 1.4 | -8.0% |
| United States | 0.9 | 0.8 | 0.9 | 0.7 | -8.0% |
| Others | 0.5 | 0.4 | 0.8 | 0.5 | 0.0% |
| Total | 34.5 | 22.6 | 48.3 | 42.3 | 7.0% |
Top Suppliers of Propylene Oxide to India in 2022:
- Saudi Arabia (9.1K tons)
- Singapore (9.0K tons)
- South Korea (2.5K tons)
- Taiwan (Chinese) (1.1K tons)
- Thailand (0.6K tons)
- United States (0.5K tons)
Propylene Oxide Exports in India
In 2022, after two years of decline, there was significant growth in overseas shipments of methyloxirane (propylene oxide), when their volume increased by 9.3% to 843 kg. In general, exports, however, saw a sharp setback.
In value terms, propylene oxide exports expanded significantly to $4.2K in 2022. Overall, exports, however, faced a deep contraction.
| Export of Propylene Oxide in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2.2 | 3.8 | 0.1 | 3.6 | 17.8% |
| Nepal | 0.1 | 0.3 | N/A | 0.6 | 81.7% |
| Belgium | 1.1 | N/A | N/A | N/A | 0% |
| Democratic Republic of the Congo | 4.3 | N/A | N/A | N/A | 0% |
| Myanmar | N/A | 0.3 | N/A | N/A | 0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | N/A | 3.4 | N/A | 0% |
| Others | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Total | 8.0 | 4.7 | 3.7 | 4.2 | -19.3% |
Top Export Markets for Propylene Oxide from India in 2022:
- Canada (404.0 kg)
- Nepal (328.0 kg)
- Netherlands (43.0 kg)
This report provides an in-depth analysis of the propylene oxide market 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 20146375 - Methyloxirane (propylene oxide)
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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