India: Ethylene Dichloride Market 2024

Ethylene Dichloride Market Size in India

The Indian ethylene dichloride market dropped to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a strong expansion. As a result, consumption reached the peak level of $X, and then declined in the following year.

Ethylene Dichloride Exports

Exports from India

In 2022, overseas shipments of X-dichloroethane (ethylene dichloride) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, ethylene dichloride exports reduced sharply to $X in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Egypt (X tons) was the main destination for ethylene dichloride exports from India, accounting for a X% share of total exports. Moreover, ethylene dichloride exports to Egypt exceeded the volume sent to the second major destination, Saudi Arabia (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Egypt totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

In value terms, Egypt ($X), China ($X) and Saudi Arabia ($X) appeared to be the largest markets for ethylene dichloride exported from India worldwide, with a combined X% share of total exports.

Saudi Arabia, 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

The average ethylene dichloride export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price posted resilient growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

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 China ($X per ton), while the average price for exports to Kuwait ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene Dichloride Imports

Imports into India

In 2022, the amount of X-dichloroethane (ethylene dichloride) imported into India dropped notably to X tons, falling by X% against 2021 figures. Over the period under review, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, ethylene dichloride imports amounted to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Saudi Arabia (X tons), the United States (X tons) and Qatar (X tons) were the main suppliers of ethylene dichloride imports to India, with a combined X% share of total imports. Taiwan (Chinese), South Korea, China, Indonesia and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, Saudi Arabia ($X), the United States ($X) and Qatar ($X) appeared to be the largest ethylene dichloride suppliers to India, with a combined X% share of total imports. Taiwan (Chinese), China, South Korea, Indonesia and Germany lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ethylene dichloride import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price posted a buoyant expansion. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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