India: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in India

The Indian phosphinates and phosphonates market totaled $X in 2022, remaining stable against the previous year. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Phosphinates And Phosphonates Production in India

In value terms, phosphinates and phosphonates production stood at $X in 2022 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

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Phosphinates And Phosphonates Exports

Exports from India

In 2022, overseas shipments of phosphinates (hypophosphites) and phosphonates (phosphites) increased by X% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports, however, saw a perceptible setback. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, phosphinates and phosphonates exports surged to $X in 2022. In general, total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), the United States (X tons) and Italy (X tons) were the main destinations of phosphinates and phosphonates exports from India, with a combined X% share of total exports. South Korea, Turkey, Australia, Germany, Bangladesh, Belgium, Indonesia, Malaysia, Argentina and Saudi Arabia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Italy ($X) and Indonesia ($X) constituted the largest markets for phosphinates and phosphonates exported from India worldwide, together accounting for X% of total exports.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average phosphinates and phosphonates export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price saw a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to the United Arab Emirates ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphinates And Phosphonates Imports

Imports into India

In 2022, the amount of phosphinates (hypophosphites) and phosphonates (phosphites) imported into India rose to X tons, surging by X% compared with 2021 figures. In general, imports showed resilient growth. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, phosphinates and phosphonates imports soared to $X in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main phosphinates and phosphonates supplier to India, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of phosphinates (hypophosphites) and phosphonates (phosphites) to India.

From 2012 to 2022, the average annual growth rate of value from China stood at X%.

Import Prices by Country

In 2022, the average phosphinates and phosphonates import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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