India: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in India

The Indian mixed alkylbenzenes, mixed alkylnaphthalenes market skyrocketed to $X in 2021, increasing by 41% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in India

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production declined remarkably to $X in 2021 estimated in export price. Overall, production saw a significant decline. The pace of growth was the most pronounced in 2018 with an increase of 278%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from India

In 2021, overseas shipments of mixed alkylbenzenes, mixed alkylnaphthalenes increased by 89% to X tons, rising for the third consecutive year after four years of decline. Overall, exports, however, continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 199%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports soared to $X in 2021. Over the period under review, exports, however, recorded a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 216% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons), Djibouti (X tons) and the United Arab Emirates (X tons) were the main destinations of mixed alkylbenzenes, mixed alkylnaphthalenes exports from India, together accounting for 58% of total exports. China, Nepal, South Sudan, Sri Lanka, Thailand, Vietnam and Tanzania lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +41.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Djibouti ($X), Bangladesh ($X) and South Sudan ($X) were the largest markets for mixed alkylbenzenes, mixed alkylnaphthalenes exported from India worldwide, together comprising 56% of total exports. The United Arab Emirates, China, Nepal, Sri Lanka, Vietnam, Thailand and Tanzania lagged somewhat behind, together accounting for a further 37%.

China, with a CAGR of +37.2%, recorded 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 mixed alkylbenzenes, mixed alkylnaphthalenes export price stood at $X per ton in 2021, with an increase of 14% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 53%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average 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 South Sudan ($X per ton), while the average price for exports to the United Arab Emirates ($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 Pakistan (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into India

In 2021, approx. X tons of mixed alkylbenzenes, mixed alkylnaphthalenes were imported into India; with an increase of 21% compared with 2020 figures. In general, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2015 when imports increased by 57% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports soared to $X in 2021. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +9.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to India, with a 59% share of total imports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Qatar (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia totaled +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Qatar (+0.2% per year) and Spain (+67.3% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to India, comprising 57% of total imports. The second position in the ranking was held by Qatar ($X), with a 14% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Saudi Arabia amounted to +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Qatar (-2.6% per year) and Spain (+87.7% per year).

Import Prices by Country

The average mixed alkylbenzenes, mixed alkylnaphthalenes import price stood at $X per ton in 2021, rising by 34% against the previous year. Over the period under review, the import price, however, recorded a pronounced slump. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and Spain ($X per ton), while the price for Iran ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+12.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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