Price for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates stood at $1,212 per ton in 2022, dropping by -24.8% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 91%. As a result, import price reached the peak level of $10,460 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
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 -6.1% per year.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates stood at $2,917 per ton in 2022, which is down by -6.3% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates decreased by -19.8% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 65% against the previous year. The export price peaked at $3,726 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($4,861 per ton), while the average price for exports to Egypt ($2,041 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 Nepal (+17.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India
In 2022, approx. 18 tons of acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates were imported into India; with an increase of 369% on the previous year's figure. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 659% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates skyrocketed to $21K in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 307%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.1 | 1.3 | 4.5 | 21.3 | 168.5% |
| South Korea | N/A | 0.1 | 1.2 | N/A | 1100.0% |
| Others | 0.6 | 0.1 | 0.4 | N/A | -18.4% |
| Total | 1.7 | 1.5 | 6.0 | 21.3 | 132.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate to India in 2022:
- China (17.6 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India
In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates increased by 193% to 5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic setback.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; dinoseb (ISO) acetates surged to $15K in 2022. Over the period under review, exports, however, saw a sharp decline.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2.4 | 1.9 | 1.4 | 5.2 | 29.4% |
| Nepal | 1.2 | 1.3 | 0.9 | 3.6 | 44.2% |
| Singapore | 37.5 | 20.6 | 1.5 | 2.6 | -58.9% |
| Egypt | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | N/A | N/A | 1.5 | 3.0 | 100.0% |
| Total | 41.2 | 23.9 | 5.3 | 14.6 | -29.2% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Dinoseb (ISO) Acetate from India in 2022:
- Canada (2.1 tons)
- Singapore (1.0 tons)
- Nepal (0.7 tons)
- Egypt (0.1 tons)
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