India - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

India - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights

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Jan 26, 2023

India's Tall Oil Fatty Acids Price Skyrocket 17%, Averaging $2,450 per Ton

India Tall Oil Fatty Acids Import Price in September 2022

In September 2022, the tall oil fatty acids price amounted to $2,450 per ton (CIF, India), growing by 17% against the previous month. In general, import price indicated a resilient expansion from January 2022 to September 2022: its price increased at an average monthly rate of +8.1% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, tall oil fatty acids import price increased by +18.7% against April 2022 indices. The growth pace was the most rapid in April 2022 an increase of 51% m-o-m. Over the period under review, average import prices reached the maximum in September 2022.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Germany ($3,473 per ton), while the price for the UK ($1,826 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

India Tall Oil Fatty Acids Imports

In September 2022, after two months of decline, there was significant growth in purchases abroad of industrial tall oil fatty acids, when their volume increased by 108% to 149 tons. In general, imports, however, faced a dramatic descent. Imports peaked at 1.1K tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.

In value terms, tall oil fatty acids imports skyrocketed to $365K (IndexBox estimates) in September 2022. Overall, imports, however, saw a deep reduction. Over the period under review, imports hit record highs at 1.5K tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.

India Tall Oil Fatty Acids Imports by Country

In September 2022, the United States (115 tons) constituted the largest supplier of tall oil fatty acids to India, with a 77% share of total imports. Moreover, tall oil fatty acids imports from the United States exceeded the figures recorded by the second-largest supplier, Sweden (20 tons), sixfold. the UK (9.9 tons) ranked third in terms of total imports with a 6.7% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume from the United States amounted to -23.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Sweden (-0.6% per month) and the UK (-9.1% per month).

In value terms, the United States ($285K) constituted the largest supplier of tall oil fatty acids to India, comprising 78% of total imports. The second position in the ranking was held by Sweden ($48K), with a 13% share of total imports. It was followed by the UK, with a 5% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value from the United States stood at -16.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Sweden (-0.0% per month) and the UK (-11.0% per month).

Factors Affecting Tall Oil Fatty Acid Prices

Tall oil fatty acids are an important raw material for many industries, and their prices can have a significant impact on the cost of production for many companies.

Tall oil fatty acid prices in India have been on the rise in recent years due to a number of factors. One of the main drivers of this price increase has been the rising cost of crude oil, which is used to produce tall oil fatty acids. Another factor that has contributed to the price increase is the growing demand for tall oil fatty acids in India. This demand is driven by a number of factors, including the growing population and the increasing use of tall oil fatty acids in a variety of industries.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for tall oil fatty acids in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20143150 - Industrial tall oil fatty acids

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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