India: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in India

The Indian market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function contracted slightly to $X in 2022, waning by -3.5% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Production of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in India

In value terms, butanal butanal and acyclic aldehydes production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 21%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from India

In 2022, the amount of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function exported from India reduced sharply to X tons, declining by -20.3% against the previous year. In general, exports showed a mild setback. The most prominent rate of growth was recorded in 2018 when exports increased by 43%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes exports expanded notably to $X in 2022. Over the period under review, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2018 when exports increased by 32%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

The Netherlands (X tons), the United States (X tons) and Germany (X tons) were the main destinations of butanal butanal and acyclic aldehydes exports from India, with a combined 44% share of total exports. France, Brazil, Singapore, China, Spain, Mexico, Oman, Indonesia, Switzerland and the UK lagged somewhat behind, together comprising a further 48%.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +182.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and Singapore ($X) constituted the largest markets for butanal butanal and acyclic aldehydes exported from India worldwide, together accounting for 52% of total exports. Brazil, Mexico, Spain, China, Germany, France, Indonesia, Switzerland, the UK and Oman lagged somewhat behind, together comprising a further 42%.

Oman, with a CAGR of +142.7%, recorded 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 export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, surging by 33% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +10.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butanal butanal and acyclic aldehydes export price increased by +66.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Oman ($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 the UK (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into India

After ten years of growth, overseas purchases of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function decreased by -34.8% to X tons in 2022. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 43% against the previous year. Imports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, butanal butanal and acyclic aldehydes imports shrank to $X in 2022. Overall, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2016 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

China (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of butanal butanal and acyclic aldehydes imports to India, together comprising 66% of total imports. Malaysia, Sweden, Japan, the United States and Singapore lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +88.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Malaysia ($X) and Germany ($X) appeared to be the largest butanal butanal and acyclic aldehydes suppliers to India, together accounting for 56% of total imports.

Malaysia, with a CAGR of +94.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, surging by 39% against the previous year. In general, the import price, however, saw a mild reduction. The import price peaked at $X per ton in 2014; however, from 2015 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 Malaysia ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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