India: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in India

The Indian scouring pastes and powders market contracted slightly to $X in 2023, shrinking by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Scouring pastes and powders consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Production of Scouring Pastes And Powders in India

In value terms, scouring pastes and powders production contracted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Scouring pastes and powders production peaked at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Exports of Scouring Pastes And Powders

Exports from India

For the fourth consecutive year, India recorded growth in shipments abroad of scouring pastes and powders, which increased by X% to X tons in 2023. Over the period under review, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, scouring pastes and powders exports surged to $X in 2023. In general, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to continue growth in years to come.

Exports by Country

Nepal (X tons) was the main destination for scouring pastes and powders exports from India, accounting for a X% share of total exports. Moreover, scouring pastes and powders exports to Nepal exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. The third position in this ranking was taken by Bangladesh (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Nepal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Bangladesh (X% per year).

In value terms, Nepal ($X) remains the key foreign market for scouring pastes and powders exports from India, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Bhutan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Nepal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Bhutan (X% per year).

Export Prices by Country

In 2023, the average scouring pastes and powders export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price recorded a perceptible setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Scouring Pastes And Powders

Imports into India

After three years of growth, supplies from abroad of scouring pastes and powders decreased by X% to X tons in 2023. Over the period under review, imports, however, saw a strong expansion. The growth pace was the most rapid in 2022 with an increase of X%. As a result, imports reached the peak of X tons, and then fell markedly in the following year.

In value terms, scouring pastes and powders imports contracted significantly to $X in 2023. In general, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2023, Italy (X tons) was the main scouring pastes and powders supplier to India, with a X% share of total imports. It was followed by Singapore (X tons), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of volume from Italy totaled X%.

In value terms, Italy ($X) constituted the largest supplier of scouring pastes and powders to India, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from Italy stood at X%.

Import Prices by Country

The average scouring pastes and powders import price stood at $X per ton in 2023, growing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Italy stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform