India: Market for Organic Derivatives Of Hydrazine Or Of Hydroxylamine 2024

Market Size for Organic Derivatives Of Hydrazine Or Of Hydroxylamine in India

In 2022, the Indian hydrazine and hydroxylamine derivatives market decreased by -2.3% to $X, falling for the third year in a row after three years of growth. In general, consumption, however, posted a prominent expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Organic Derivatives Of Hydrazine Or Of Hydroxylamine in India

In value terms, hydrazine and hydroxylamine derivatives production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a strong expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 32% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Exports from India

For the fifth consecutive year, India recorded growth in overseas shipments of organic derivatives of hydrazine or of hydroxylamine, which increased by 7.1% to X tons in 2022. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 45%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, hydrazine and hydroxylamine derivatives exports expanded notably to $X in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 77%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Switzerland (X tons) was the main destination for hydrazine and hydroxylamine derivatives exports from India, with a 30% share of total exports. Moreover, hydrazine and hydroxylamine derivatives exports to Switzerland exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland totaled +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+413.4% per year) and Austria (+58.1% per year).

In value terms, Switzerland ($X), China ($X) and Thailand ($X) appeared to be the largest markets for hydrazine and hydroxylamine derivatives exported from India worldwide, with a combined 68% share of total exports. Belgium, Austria, Canada, the Netherlands, Germany, Hong Kong SAR, the United States, Italy, the United Arab Emirates and Turkey lagged somewhat behind, together comprising a further 24%.

Hong Kong SAR, with a CAGR of +228.3%, saw 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

In 2022, the average hydrazine and hydroxylamine derivatives export price amounted to $X per ton, increasing by 2.5% against the previous year. Over the period under review, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Imports into India

In 2022, overseas purchases of organic derivatives of hydrazine or of hydroxylamine increased by 23% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 55% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hydrazine and hydroxylamine derivatives imports totaled $X in 2022. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 161%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of hydrazine and hydroxylamine derivatives to India, with a 66% share of total imports. Moreover, hydrazine and hydroxylamine derivatives imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was held by Japan (X tons), with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+82.6% per year) and Japan (+18.5% per year).

In value terms, China ($X) constituted the largest supplier of organic derivatives of hydrazine or of hydroxylamine to India, comprising 60% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by Japan, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.0% per year) and Japan (+14.4% per year).

Import Prices by Country

The average hydrazine and hydroxylamine derivatives import price stood at $X per ton in 2022, dropping by -17.4% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 108%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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