India: Ionones And Methylionones Market 2024

Ionones And Methylionones Market Size in India

In 2021, the Indian ionones and methylionones market decreased by -31% to $X, falling for the third year in a row after two years of growth. In general, consumption, however, saw a prominent increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Ionones And Methylionones Exports

Exports from India

In 2021, overseas shipments of ionones and methylionones increased by 8% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, recorded a pronounced reduction. The growth pace was the most rapid in 2016 with an increase of 63% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, ionones and methylionones exports surged to $X in 2021. In general, exports posted a measured increase. The pace of growth appeared the most rapid in 2014 when exports increased by 139% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), the United States (X tons) and Germany (X tons) were the main destinations of ionones and methylionones exports from India, together accounting for 69% of total exports. These countries were followed by the UK, Argentina, South Korea, Mexico, France, Egypt, Spain, Taiwan (Chinese), Brazil and Italy, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +36.9%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Germany ($X) were the largest markets for ionones and methylionones exported from India worldwide, with a combined 67% share of total exports. These countries were followed by Taiwan (Chinese), the UK, Italy, South Korea, Spain, Mexico, Argentina, France, Brazil and Egypt, which together accounted for a further 24%.

Taiwan (Chinese), with a CAGR of +56.2%, saw the highest rates of growth with regard to the value of exports, among 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 ionones and methylionones export price stood at $X per ton in 2021, growing by 10% against the previous year. Over the period under review, the export price recorded prominent growth. The pace of growth was the most pronounced in 2014 an increase of 146%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, 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 Taiwan (Chinese) ($X per ton), while the average price for exports to Argentina ($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 Taiwan (Chinese) (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ionones And Methylionones Imports

Imports into India

In 2021, overseas purchases of ionones and methylionones decreased by -20.3% to X tons, falling for the third year in a row after two years of growth. Overall, total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -37.8% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 42% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, ionones and methylionones imports dropped to $X in 2021. Over the period under review, imports showed a pronounced curtailment. The growth pace was the most rapid in 2017 when imports increased by 87%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of ionones and methylionones imports to India, with a combined 79% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +80.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and China ($X) constituted the largest ionones and methylionones suppliers to India, together comprising 68% of total imports.

Belgium, with a CAGR of +76.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ionones and methylionones import price amounted to $X per ton, with an increase of 16% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of 52% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+3.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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