India - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSalicylic Acid Price in India - 2023
Contents:
- Salicylic Acid Price in India (CIF) - 2023
- Salicylic Acid Price in India (FOB) - 2023
- Salicylic Acid Imports in India
- Salicylic Acid Exports in India
Salicylic Acid Price in India (CIF) - 2023
The average salicylic acid import price stood at $1,529 per ton in July 2023, falling by -2.4% against the previous month. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in October 2022 an increase of 35% m-o-m. As a result, import price reached the peak level of $3,714 per ton. From November 2022 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($3,697 per ton), while the price for Saudi Arabia ($1,143 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Salicylic Acid Price in India (FOB) - 2023
The average salicylic acid export price stood at $11,834 per ton in July 2023, rising by 18% against the previous month. Over the period under review, the export price, however, recorded a noticeable setback. The growth pace was the most rapid in January 2023 an increase of 72% month-to-month. Over the period under review, the average export prices hit record highs at $25,867 per ton in September 2022; however, from October 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Sri Lanka ($36,531 per ton), while the average price for exports to Egypt ($3,291 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 (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Salicylic Acid Imports in India
In 2022, after three years of growth, there was significant decline in supplies from abroad of salicylic acid and its salts, when their volume decreased by -12.3% to 19K tons. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 22%.
In value terms, salicylic acid imports rose notably to $54M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, imports reached the peak of $67M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Salicylic Acid in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 28.4 | 23.6 | 36.2 | 12.9% | |
| Italy | 2.4 | 2.9 | 6.5 | 64.6% | |
| France | 1.6 | 1.1 | 2.3 | 19.9% | |
| Netherlands | 0.4 | 0.1 | 0.3 | -13.4% | |
| Belgium | 0.2 | N/A | 0.3 | 22.5% | |
| Others | 16.1 | 39.0 | 1.5 | -69.5% | |
| Total | 49.3 | 66.8 | 47.1 | -2.3% | |
Top Suppliers of Salicylic Acid to India in 2022:
- China (18.9K tons)
- Italy (2.2K tons)
- France (0.6K tons)
- Belgium (0.4K tons)
- Netherlands (0.3K tons)
Salicylic Acid Exports in India
In 2022, overseas shipments of salicylic acid and its salts decreased by less than 0.1% to 1.8K tons, falling for the second year in a row after two years of growth. In general, exports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 5.2% against the previous year. As a result, the exports attained the peak of 2.1K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, salicylic acid exports skyrocketed to $28M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Salicylic Acid in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 5.7 | 6.1 | 6.6 | 7.6% | |
| Italy | 5.7 | 5.8 | 6.2 | 4.3% | |
| United States | 2.1 | 2.6 | 0.9 | -34.5% | |
| Netherlands | 1.1 | 0.9 | 0.8 | -14.7% | |
| Turkey | 0.2 | 1.1 | 0.5 | 58.1% | |
| Egypt | 0.3 | 0.1 | 0.5 | 29.1% | |
| Mexico | 0.1 | 0.5 | 0.4 | 100.0% | |
| United Arab Emirates | 0.3 | 0.2 | 0.3 | 0.0% | |
| Brazil | 0.4 | 0.2 | 0.2 | -29.3% | |
| Bangladesh | 0.2 | 0.1 | 0.2 | 0.0% | |
| Thailand | 0.2 | 0.2 | 0.2 | 0.0% | |
| Belgium | N/A | N/A | 0.1 | 0% | |
| Others | 4.3 | 3.4 | 2.5 | -23.8% | |
| Total | 20.6 | 21.2 | 19.4 | -3.0% | |
Top Export Markets for Salicylic Acid from India in 2022:
- Italy (479.2 tons)
- Germany (218.5 tons)
- United States (180.0 tons)
- Netherlands (161.8 tons)
- Turkey (128.2 tons)
- Egypt (115.1 tons)
- Mexico (96.6 tons)
- Bangladesh (56.9 tons)
- United Arab Emirates (51.1 tons)
- Thailand (38.6 tons)
- Brazil (35.3 tons)
- Belgium (30.4 tons)
This report provides an in-depth analysis of the salicylic acid 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 21101030 - Salicylic acid and its salts
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
375
This report provides an in-depth analysis of the salicylic acid market in India.
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This report provides an in-depth analysis of the carboxylic acid market in India.
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This report provides an in-depth analysis of the o-acetylsalicylic acid market in India.
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This report provides an in-depth analysis of the citric acid market in India.
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This report provides an in-depth analysis of the global salicylic acid market.
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This report provides an in-depth analysis of the global carboxylic acid market.
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This report provides an in-depth analysis of the global o-acetylsalicylic acid market.
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This report provides an in-depth analysis of the global citric acid market.
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This report provides an in-depth analysis of the salicylic acid market in India.
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This report provides an in-depth analysis of the carboxylic acid market in India.
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In March 2023, the price of Salicylic Acid was recorded at $1,766 per ton (CIF, India). This figure was -2.2% lower than the previous month.
211
Exports of Carboxylic Acid reached a staggering $42 million in July 2023.
345
In June 2023, the price of Citric Acid was $1,108 per ton (CIF, India), showing a decrease of -7.9% compared to the previous month.
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In value terms, carboxylic acids with additional oxygen function imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
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In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
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In value terms, carboxyimide-function compounds imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern ind...
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In value terms, carboxylic acids with additional oxygen function exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; ...
740
In value terms, carboxyamide-function compounds and amide-function compounds exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; t...
880
In value terms, carboxyimide-function compounds exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
322
In March 2023, the price of Salicylic Acid was recorded at $1,766 per ton (CIF, India). This figure was -2.2% lower than the previous month.
