India: Methyl Isobutyl Ketone Market 2025

Methyl Isobutyl Ketone Market Size in India

After two years of growth, the Indian methyl isobutyl ketone market decreased by -15.5% to $X in 2022. In general, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +61.2% against 2019 indices. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.

Methyl Isobutyl Ketone Production in India

In value terms, methyl isobutyl ketone production fell to $X in 2022 estimated in export price. Overall, production saw a abrupt decline. The pace of growth was the most pronounced in 2019 with an increase of 23%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Methyl Isobutyl Ketone Exports

Exports from India

In 2022, the amount of X-methylpentan-2-one (methyl isobutyl ketone) exported from India fell significantly to X tons, which is down by -17.5% against 2021. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 916%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, methyl isobutyl ketone exports declined notably to $X in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 1,217%. The exports peaked at $X in 2021, and then contracted sharply in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for methyl isobutyl ketone exports from India, accounting for a 45% share of total exports. Moreover, methyl isobutyl ketone exports to the United Arab Emirates exceeded the volume sent to the second major destination, Nepal (X tons), fourfold. The third position in this ranking was taken by Bangladesh (X tons), with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +178.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+38.4% per year) and Bangladesh (+51.6% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for X-methylpentan-2-one (methyl isobutyl ketone) exports from India, comprising 40% of total exports. The second position in the ranking was taken by Nepal ($X), with a 9.4% share of total exports. It was followed by Bangladesh, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +162.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+37.1% per year) and Bangladesh (+46.8% per year).

Export Prices by Country

The average methyl isobutyl ketone export price stood at $X per ton in 2022, falling by -20.1% against the previous year. In general, the export price continues to indicate a sharp decline. The most prominent rate of growth was recorded in 2017 an increase of 79%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Tanzania ($X per ton), while the average price for exports to Argentina ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

Methyl Isobutyl Ketone Imports

Imports into India

In 2022, the amount of X-methylpentan-2-one (methyl isobutyl ketone) imported into India dropped sharply to X tons, reducing by -39% compared with 2021. Over the period under review, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 132%. As a result, imports reached the peak of X tons, and then declined sharply in the following year.

In value terms, methyl isobutyl ketone imports dropped notably to $X in 2022. In general, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 199% against the previous year. As a result, imports attained the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of methyl isobutyl ketone to India, with a 78% share of total imports. Moreover, methyl isobutyl ketone imports from South Korea exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. The third position in this ranking was taken by the Netherlands (X tons), with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea amounted to +30.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+4.8% per year) and the Netherlands (-3.5% per year).

In value terms, South Korea ($X) constituted the largest supplier of X-methylpentan-2-one (methyl isobutyl ketone) to India, comprising 79% of total imports. The second position in the ranking was taken by South Africa ($X), with a 17% share of total imports. It was followed by Japan, with a 2% share.

From 2012 to 2022, the average annual growth rate of value from South Korea amounted to +30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+1.7% per year) and Japan (-1.0% per year).

Import Prices by Country

In 2022, the average methyl isobutyl ketone import price amounted to $X per ton, growing by 17% against the previous year. In general, the import price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of 29%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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