India: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2024

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in India

The Indian market for medicaments of alkaloids or derivatives thereof contracted modestly to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in India

In value terms, production of medicaments of alkaloids or derivatives thereof contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Production of peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

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Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from India

In 2022, the amount of medicaments of alkaloids or derivatives thereof exported from India shrank remarkably to X tons, waning by X% compared with the previous year. Overall, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof contracted significantly to $X in 2022. Over the period under review, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons), Nigeria (X tons) and South Africa (X tons) were the main destinations of exports of medicaments of alkaloids or derivatives thereof from India, together accounting for X% of total exports. Ukraine, Democratic Republic of the Congo, the Czech Republic, Zimbabwe, Ethiopia, the United States, Myanmar, Australia and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the United States ($X), Ukraine ($X) and Zimbabwe ($X) constituted the largest markets for medicaments of alkaloids or derivatives thereof exported from India worldwide, together comprising X% of total exports. Nigeria, Australia, the Czech Republic, Belgium, South Africa, Democratic Republic of the Congo, the UK, Myanmar and Ethiopia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Democratic Republic of the Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, reducing by X% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Ethiopia ($X 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 the United States (X%), while the prices for the other major destinations experienced a decline.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into India

Imports of medicaments of alkaloids or derivatives thereof into India surged to X tons in 2022, rising by X% on the previous year's figure. Overall, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof fell slightly to $X in 2022. In general, imports, however, recorded a dramatic setback. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest medicaments of alkaloids or derivatives thereof supplier to India, with a X% share of total imports. Moreover, imports of medicaments of alkaloids or derivatives thereof from Ukraine exceeded the figures recorded by the second-largest supplier, Austria (X kg), ninefold. The third position in this ranking was taken by Hong Kong SAR (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Ukraine totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Hong Kong SAR (X% per year).

In value terms, Austria ($X), the United States ($X) and Ukraine ($X) were the largest medicaments of alkaloids or derivatives thereof suppliers to India, together comprising X% of total imports.

Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price faced a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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