India: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in India

The Indian cyclanic, cyclenic hydrocarbons derivatives market skyrocketed to $X in 2022, with an increase of 19% against the previous year. Overall, consumption continues to indicate resilient growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in India

In value terms, cyclanic, cyclenic hydrocarbons derivatives production rose slightly to $X in 2022 estimated in export price. In general, production enjoyed a strong increase. The growth pace was the most rapid in 2019 when the production volume increased by 46% against the previous year. Cyclanic, cyclenic hydrocarbons derivatives production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from India

For the fourth consecutive year, India recorded growth in shipments abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons, which increased by 63% to X tons in 2022. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 575% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports skyrocketed to $X in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 309%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United States (X tons), China (X tons) and Kuwait (X tons) were the main destinations of cyclanic, cyclenic hydrocarbons derivatives exports from India, together accounting for 93% of total exports. These countries were followed by Japan, which accounted for a further 3.6%.

From 2013 to 2022, the biggest increases were recorded for Japan (with a CAGR of +167.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cyclanic, cyclenic hydrocarbons derivatives exported from India were China ($X), the United States ($X) and Japan ($X), with a combined 85% share of total exports.

Japan, with a CAGR of +137.1%, recorded the highest growth rate of 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 cyclanic, cyclenic hydrocarbons derivatives export price stood at $X per ton in 2022, waning by -24.8% against the previous year. Over the period under review, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 341%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+29.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into India

In 2022, overseas purchases of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons increased by 149% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 684%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports skyrocketed to $X in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 460% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main supplier of cyclanic, cyclenic hydrocarbons derivatives to India, accounting for a approx. 98% share of total imports.

From 2013 to 2022, the average annual growth rate of volume from China totaled +40.7%.

In value terms, China ($X) constituted the largest supplier of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons to India.

From 2013 to 2022, the average annual growth rate of value from China amounted to +55.4%.

Import Prices by Country

In 2022, the average cyclanic, cyclenic hydrocarbons derivatives import price amounted to $X per ton, picking up by 13% against the previous year. In general, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 121% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2013 to 2022, the rate of growth in terms of prices for France amounted to +13.4% per year.

Source: IndexBox Platform

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