Southern Asia: Alcohols Market 2024

Alcohols Market Size in Southern Asia

In 2020, the South Asian alcohols market increased by X% to $X, rising for the third year in a row after four years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2020 and is likely to see steady growth in the near future.

Alcohols Production in Southern Asia

In value terms, alcohols production soared to $X in 2020 estimated in export price. In general, production saw buoyant growth. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. The level of production peaked in 2020 and is expected to retain growth in the immediate term.

Alcohols Exports

Exports in Southern Asia

In 2020, shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives increased by X% to X tons, rising for the third consecutive year after five years of decline. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum in 2020 and are likely to see gradual growth in the immediate term.

In value terms, alcohols exports fell slightly to $X in 2020. Total exports indicated a modest expansion from 2012 to 2020: its value increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2019, and then dropped in the following year.

Exports by Country

India (X tons) represented roughly X% of total exports in 2020.

India experienced a relatively flat trend pattern with regard to volume of exports of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest alcohols supplier in Southern Asia.

From 2012 to 2020, the average annual growth rate of value in India stood at X%.

Export Prices by Country

In 2020, the export price in Southern Asia amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2020, the rate of growth in terms of prices for India amounted to X% per year.

Alcohols Imports

Imports in Southern Asia

After two years of growth, purchases abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by X% to X tons in 2020. The total import volume increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, alcohols imports contracted to $X in 2020. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain momentum.

Imports by Country

India prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2020. It was distantly followed by Pakistan (X tons), creating a X% share of total imports.

India was also the fastest-growing in terms of the alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives imports, with a CAGR of X% from 2012 to 2020. Pakistan experienced a relatively flat trend pattern. While the share of India (X p.p.) increased significantly in terms of the total imports from 2012-2020, the share of Pakistan (X p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with a X% share of total imports.

In India, alcohols imports shrank by an average annual rate of X% over the period from 2012-2020.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2020, remaining constant against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was Pakistan ($X per ton), while India amounted to $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Source: IndexBox Platform

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