India: Chemical Contraceptive Preparations Market 2022

Chemical Contraceptive Preparations Market Size in India

In 2021, the Indian chemical contraceptive preparations market decreased by -58.5% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption showed a dramatic decrease. Chemical contraceptive preparations consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Chemical Contraceptive Preparations Production in India

In value terms, chemical contraceptive preparations production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 9.9% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Chemical Contraceptive Preparations Exports

Exports from India

In 2021, shipments abroad of chemical contraceptive preparations based on hormones or spermicides increased by 13% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 182%. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, chemical contraceptive preparations exports declined slightly to $X in 2021. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 54% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then fell modestly in the following year.

Exports by Country

The United States (X tons) was the main destination for chemical contraceptive preparations exports from India, with a 43% share of total exports. Moreover, chemical contraceptive preparations exports to the United States exceeded the volume sent to the second major destination, Nigeria (X tons), more than tenfold. The third position in this ranking was held by Ethiopia (X tons), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +99.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+30.3% per year) and Ethiopia (+21.4% per year).

In value terms, the United States ($X) remains the key foreign market for chemical contraceptive preparations exports from India, comprising 55% of total exports. The second position in the ranking was held by Ethiopia ($X), with a 4.7% share of total exports. It was followed by Canada, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +67.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (+17.8% per year) and Canada (+64.8% per year).

Export Prices by Country

In 2021, the average chemical contraceptive preparations export price amounted to $X per ton, shrinking by -12.9% against the previous year. Overall, the export price recorded a deep contraction. The growth pace was the most rapid in 2017 when the average export price increased by 14% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+2.1%), while the prices for the other major destinations experienced a decline.

Chemical Contraceptive Preparations Imports

Imports into India

Chemical contraceptive preparations imports into India soared to X tons in 2021, increasing by 240% against 2020. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chemical contraceptive preparations imports surged to $X in 2021. Over the period under review, imports, however, showed a pronounced reduction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of chemical contraceptive preparations to India, with a 57% share of total imports. Moreover, chemical contraceptive preparations imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +34.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.2% per year) and Belgium (-16.9% per year).

In value terms, Germany ($X) constituted the largest supplier of chemical contraceptive preparations to India, comprising 57% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 17% share of total imports. It was followed by Finland, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+18.2% per year) and Finland (0.0% per year).

Import Prices by Country

The average chemical contraceptive preparations import price stood at $X per ton in 2021, which is down by -26.4% against the previous year. Overall, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in 2014 an increase of 67% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Finland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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