India: Market for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals 2024

Market Size for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in India

In 2021, the Indian chloride oxides of metal market increased by 13% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in India

In value terms, chloride oxides of metal production expanded sharply to $X in 2021 estimated in export price. Overall, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -10.5% against 2018 indices. The growth pace was the most rapid in 2017 with an increase of 17%. Chloride oxides of metal production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Exports from India

In 2021, overseas shipments of chloride oxides and chloride hydroxides of copper and other metals decreased by -8.6% to X tons, falling for the second consecutive year after eight years of growth. Over the period under review, exports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 69%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, chloride oxides of metal exports expanded rapidly to $X in 2021. In general, exports, however, posted buoyant growth. The growth pace was the most rapid in 2013 when exports increased by 66% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), South Africa (X tons) and the Philippines (X tons) were the main destinations of chloride oxides of metal exports from India, with a combined 36% share of total exports. These countries were followed by Thailand, Brazil, the UK, Indonesia, Russia, Australia, the United Arab Emirates, Malaysia and Germany, which together accounted for a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +121.2%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for chloride oxides and chloride hydroxides of copper and other metals exports from India, comprising 26% of total exports. The second position in the ranking was taken by Brazil ($X), with an 11% share of total exports. It was followed by Russia, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+31.1% per year) and Russia (+9.4% per year).

Export Prices by Country

The average chloride oxides of metal export price stood at $X per ton in 2021, surging by 17% against the previous year. Over the period under review, the export price, however, showed a abrupt slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Imports into India

Chloride oxides of metal imports into India surged to X tons in 2021, increasing by 62% compared with 2020. In general, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 69%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, chloride oxides of metal imports soared to $X in 2021. Over the period under review, imports posted a strong increase. The growth pace was the most rapid in 2017 with an increase of 135% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) was the main chloride oxides of metal supplier to India, with a 90% share of total imports. Moreover, chloride oxides of metal imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+136.6% per year) and the United States (+11.6% per year).

In value terms, China ($X) constituted the largest supplier of chloride oxides and chloride hydroxides of copper and other metals to India, comprising 77% of total imports. The second position in the ranking was taken by Japan ($X), with a 12% share of total imports. It was followed by the United States, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+203.8% per year) and the United States (+12.3% per year).

Import Prices by Country

In 2021, the average chloride oxides of metal import price amounted to $X per ton, standing approx. at the previous year. In general, the import price, however, showed a mild reduction. The growth pace was the most rapid in 2017 when the average import price increased by 45%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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