India: Market for Non-Ionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Non-Ionic Surface-Active Agents (Excluding Soap) in India

The Indian market for non-ionic surface-active agents (excluding soap) shrank modestly to $X in 2021, remaining relatively unchanged against the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.1% against 2018 indices. Non-ionic surface-active agents (excl. soap) consumption peaked at $X in 2018; afterwards, it flattened through to 2021.

Production of Non-Ionic Surface-Active Agents (Excluding Soap) in India

In value terms, non-ionic surface-active agents (excl. soap) production shrank to $X in 2021 estimated in export price. In general, the total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.8% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 30%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Non-Ionic Surface-Active Agents (Excluding Soap)

Exports from India

In 2021, the amount of non-ionic surface-active agents (excluding soap) exported from India soared to X tons, rising by 20% compared with the previous year. Over the period under review, exports posted perceptible growth. The pace of growth was the most pronounced in 2013 with an increase of 104%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, non-ionic surface-active agents (excl. soap) exports soared to $X in 2021. Overall, total exports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +77.8% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Turkey (X tons) and the United Arab Emirates (X tons) were the main destinations of non-ionic surface-active agents (excl. soap) exports from India, with a combined 36% share of total exports. Saudi Arabia, Brazil, Thailand, Argentina, Egypt, Italy, Bangladesh, the Netherlands, Israel and Singapore lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of +40.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Turkey ($X) and the United Arab Emirates ($X) were the largest markets for non-ionic surface-active agents (excl. soap) exported from India worldwide, together accounting for 36% of total exports. Saudi Arabia, Brazil, Thailand, Argentina, Egypt, the Netherlands, Bangladesh, Italy, Singapore and Israel lagged somewhat behind, together accounting for a further 35%.

Among the main countries of destination, Argentina, with a CAGR of +39.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for non-ionic surface-active agents (excluding soap) amounted to $X per ton, surging by 22% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 56% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Turkey ($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 Italy (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Ionic Surface-Active Agents (Excluding Soap)

Imports into India

For the tenth consecutive year, India recorded growth in purchases abroad of non-ionic surface-active agents (excluding soap), which increased by 47% to X tons in 2021. In general, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-ionic surface-active agents (excl. soap) imports skyrocketed to $X in 2021. Overall, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest non-ionic surface-active agents (excl. soap) supplier to India, with a 29% share of total imports. Moreover, non-ionic surface-active agents (excl. soap) imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. The third position in this ranking was taken by Thailand (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+30.5% per year) and Thailand (+54.4% per year).

In value terms, the United States ($X), China ($X) and Germany ($X) appeared to be the largest non-ionic surface-active agents (excl. soap) suppliers to India, with a combined 50% share of total imports. These countries were followed by Thailand, Belgium, Malaysia, Singapore and Spain, which together accounted for a further 30%.

Thailand, with a CAGR of +47.6%, recorded 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 import price for non-ionic surface-active agents (excluding soap) amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 11%. The import price peaked at $X per ton in 2018; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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