Report Update Jan 1, 2025

India - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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India: Sodium Nitrate Market 2025

Sodium Nitrate Market Size in India

The Indian sodium nitrate market soared to $X in 2022, growing by 70% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a noticeable setback. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Sodium Nitrate Exports

Exports from India

In 2022, shipments abroad of sodium nitrate increased by 288% to X tons, rising for the fourth year in a row after two years of decline. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by 1,139%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, sodium nitrate exports soared to $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by 413%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Djibouti (X tons) was the main destination for sodium nitrate exports from India, accounting for a 75% share of total exports. Moreover, sodium nitrate exports to Djibouti exceeded the volume sent to the second major destination, Jordan (X tons), ninefold. The third position in this ranking was taken by Sudan (X tons), with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to Djibouti totaled +74.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+3,432.2% per year) and Sudan (+165.6% per year).

In value terms, Djibouti ($X) remains the key foreign market for sodium nitrate exports from India, comprising 65% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an 8.8% share of total exports. It was followed by Bangladesh, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Djibouti totaled +62.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+12.5% per year) and Bangladesh (+74.7% per year).

Export Prices by Country

The average sodium nitrate export price stood at $X per ton in 2022, with a decrease of -13.1% against the previous year. Over the period under review, the export price saw a perceptible reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 53%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Jordan ($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 Tanzania (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Nitrate Imports

Imports into India

In 2022, the amount of sodium nitrate imported into India soared to X tons, picking up by 62% on the previous year. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 111%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, sodium nitrate imports soared to $X in 2022. In general, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Uzbekistan (X tons) were the main suppliers of sodium nitrate imports to India, together accounting for 68% of total imports. Iran, Belgium, Hong Kong SAR, Germany and South Korea lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +1,172.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sodium nitrate suppliers to India were the United Arab Emirates ($X), China ($X) and Uzbekistan ($X), together accounting for 78% of total imports. Iran, Belgium, Germany, Hong Kong SAR and South Korea lagged somewhat behind, together accounting for a further 19%.

In terms of the main suppliers, Belgium, with a CAGR of +1,247.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sodium nitrate import price stood at $X per ton in 2022, rising by 112% against the previous year. In general, the import price showed a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+77.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium nitrate in the world?

Chile remains the largest sodium nitrate consuming country worldwide, accounting for 50% of total volume. Moreover, sodium nitrate consumption in Chile exceeded the figures recorded by the second-largest consumer, Ukraine, ninefold. Russia ranked third in terms of total consumption with a 3.9% share.

What are the largest producers of sodium nitrate in the world?

Chile remains the largest sodium nitrate producing country worldwide, accounting for 56% of total volume. Moreover, sodium nitrate production in Chile exceeded the figures recorded by the second-largest producer, China, sixfold. Germany ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of sodium nitrate to India?

In value terms, Hong Kong SAR, Russia and Germany were the largest sodium nitrate suppliers to India, together comprising 82% of total imports. These countries were followed by Belgium, Turkey and Iran, which together accounted for a further 18%.

What are the leading importers of sodium nitrate from India?

In value terms, Djibouti emerged as the key foreign market for sodium nitrate exports from India, comprising 45% of total exports. The second position in the ranking was occupied by the United States, with a 16% share of total exports. It was followed by Senegal, with a 10% share.

What is the average export price for sodium nitrate in India?

The average sodium nitrate export price stood at $496 per ton in 2021, falling by -13.1% against the previous year.

What is the average import price for sodium nitrate in India?

The average sodium nitrate import price stood at $400 per ton in 2021, remaining constant against the previous year.

This report provides an in-depth analysis of the sodium nitrate market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 4005 -

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024