India - P-Xylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingP-Xylene Price in India - 2023
Contents:
- P-Xylene Price in India (FOB) - 2023
- P-Xylene Price in India (CIF) - 2023
- P-Xylene Exports in India
- P-Xylene Imports in India
P-Xylene Price in India (FOB) - 2023
The average p-xylene export price stood at $903 per ton in July 2023, with a decrease of -11.3% against the previous month. In general, the export price saw a mild decrease. The most prominent rate of growth was recorded in January 2023 an increase of 20% m-o-m. The export price peaked at $1,095 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From July 2022 to July 2023, the rate of growth in terms of prices for Portugal amounted to +0.6% per month.
P-Xylene Price in India (CIF) - 2023
In July 2023, the average p-xylene import price amounted to $1,034 per ton, reducing by -5.3% against the previous month. In general, the import price recorded a perceptible curtailment. The pace of growth was the most pronounced in March 2023 when the average import price increased by 6.9% month-to-month. Over the period under review, average import prices hit record highs at $1,376 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Singapore ($1,036 per ton), while the price for Japan amounted to $1,028 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Brunei Darussalam (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
P-Xylene Exports in India
In 2022, shipments abroad of p-xylene decreased by -51.7% to 1.2M tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 4.8%. As a result, the exports reached the peak of 2.9M tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, p-xylene exports reduced markedly to $1.2B in 2022. Overall, exports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.
| Export of P-Xylene in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 380 | 278 | 290 | 390 | 0.9% |
| China | 1,599 | 918 | 858 | 268 | -44.9% |
| Indonesia | 291 | 272 | 245 | 185 | -14.0% |
| Portugal | N/A | 58.7 | 69.1 | 102 | 31.8% |
| United States | 19.3 | 120 | 317 | 71.3 | 54.6% |
| Netherlands | N/A | N/A | 26.2 | 53.4 | 103.8% |
| Spain | N/A | 21.3 | 13.2 | 50.7 | 54.3% |
| Pakistan | 159 | N/A | N/A | N/A | 0% |
| Others | 108 | 88.1 | 259 | 81.7 | -8.9% |
| Total | 2,557 | 1,756 | 2,078 | 1,202 | -22.2% |
Top Export Markets for P-Xylene from India in 2022:
- Malaysia (371.0K tons)
- China (261.5K tons)
- Indonesia (196.3K tons)
- Portugal (101.8K tons)
- United States (78.9K tons)
- Spain (50.4K tons)
- Netherlands (48.4K tons)
P-Xylene Imports in India
For the third year in a row, India recorded decline in supplies from abroad of p-xylene, which decreased by -3.8% to 588K tons in 2022. Overall, imports showed a deep contraction. The smallest decline of -3.5% was in 2021.
In value terms, p-xylene imports skyrocketed to $659M in 2022. In general, imports continue to indicate a drastic downturn.
| Import of P-Xylene in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 23.9 | 4.4 | 122 | 186 | 98.2% |
| Japan | 275 | 144 | 177 | 186 | -12.2% |
| Singapore | 291 | 175 | 111 | 129 | -23.8% |
| Oman | 58.8 | 36.2 | 97.5 | 52.4 | -3.8% |
| Kuwait | 102 | 27.8 | 10.0 | 37.7 | -28.2% |
| Brunei Darussalam | N/A | N/A | N/A | 28.4 | 0% |
| China | N/A | N/A | N/A | 28.4 | 0% |
| Others | 43.6 | 30.8 | N/A | 11.8 | -35.3% |
| Total | 794 | 418 | 517 | 659 | -6.0% |
Top Suppliers of P-Xylene to India in 2022:
- Saudi Arabia (173.0K tons)
- Japan (168.3K tons)
- Singapore (115.0K tons)
- Oman (49.2K tons)
- Kuwait (29.6K tons)
- Brunei Darussalam (24.1K tons)
- China (19.4K tons)
This report provides an in-depth analysis of the p-xylene 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 20141245 - p-Xylene
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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