India: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in India

The Indian scouring pastes and powders market amounted to $X in 2021, increasing by 4.7% against the previous year. The market value increased at an average annual rate of +5.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Scouring Pastes And Powders in India

In value terms, scouring pastes and powders production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 39% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Scouring Pastes And Powders

Exports from India

In 2021, exports of scouring pastes and powders from India contracted dramatically to X tons, reducing by -16% against the year before. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 94%. The exports peaked at X tons in 2020, and then contracted remarkably in the following year.

In value terms, scouring pastes and powders exports dropped modestly to $X in 2021. Overall, exports, however, recorded a prominent expansion. The growth pace was the most rapid in 2016 when exports increased by 114% against the previous year. The exports peaked at $X in 2020, and then fell slightly in the following year.

Exports by Country

Nepal (X tons) was the main destination for scouring pastes and powders exports from India, with a 59% share of total exports. Moreover, scouring pastes and powders exports to Nepal exceeded the volume sent to the second major destination, Bhutan (X tons), sixfold. The third position in this ranking was taken by Somalia (X tons), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume to Nepal totaled +88.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bhutan (+34.2% per year) and Somalia (+1,040.8% per year).

In value terms, Nepal ($X) remains the key foreign market for scouring pastes and powders exports from India, comprising 61% of total exports. The second position in the ranking was taken by Bhutan ($X), with an 11% share of total exports. It was followed by Somalia, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to Nepal amounted to +81.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bhutan (+46.4% per year) and Somalia (+1,044.7% per year).

Export Prices by Country

In 2021, the average scouring pastes and powders export price amounted to $X per ton, surging by 19% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 105% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Ukraine ($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 the United Arab Emirates (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports into India

In 2021, overseas purchases of scouring pastes and powders increased by 37% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +41.3% against 2019 indices. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, scouring pastes and powders imports soared to $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) was the main scouring pastes and powders supplier to India, with a 91% share of total imports. Moreover, scouring pastes and powders imports from Italy exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-8.0% per year) and Singapore (+108.3% per year).

In value terms, Italy ($X) constituted the largest supplier of scouring pastes and powders to India, comprising 76% of total imports. The second position in the ranking was taken by Singapore ($X), with a 5.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+110.6% per year) and the UK (-20.7% per year).

Import Prices by Country

In 2021, the average scouring pastes and powders import price amounted to $X per ton, surging by 13% against the previous year. Over the period under review, the import price, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2019 an increase of 27%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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