Southern Asia: Alcohols Market 2021

Alcohols Market Size in Southern Asia

In 2020, the South Asian alcohols market increased by X% to $X, rising for the third consecutive year after four years of decline. Over the period under review, consumption continues to indicate buoyant growth. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level in 2020 and is likely to see gradual growth in years to come.

Alcohols Production in Southern Asia

In value terms, alcohols production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, production saw a prominent increase. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2020 and is likely to see steady growth in years to come.

Production By Country in Southern Asia

The country with the largest volume of alcohols production was India (X tons), comprising approx. X% of total volume. Moreover, alcohols production in India exceeded the figures recorded by the second-largest producer, Afghanistan (X tons), sevenfold.

In India, alcohols production expanded at an average annual rate of +X% over the period from 2007-2020.

Alcohols Exports

Exports in Southern Asia

In 2020, overseas shipments of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives increased by X% to X tons, rising for the third year in a row after five years of decline. Over the period under review, exports showed a remarkable increase. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. The volume of export peaked in 2020 and is expected to retain growth in years to come.

In value terms, alcohols exports fell to $X in 2020. Overall, exports posted a prominent increase. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2019, and then reduced slightly in the following year.

Exports by Country

India (X tons) represented roughly X% of total exports of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in 2020.

India was also the fastest-growing in terms of the alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives exports, with a CAGR of +X% from 2007 to 2020. From 2007 to 2020, the share of India increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest alcohols supplier in Southern Asia.

In India, alcohols exports increased at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

The alcohols export price in Southern Asia stood at $X per ton in 2020, reducing by -X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2007 to 2020, the rate of growth in terms of prices for India amounted to -X% per year.

Alcohols Imports

Imports in Southern Asia

After two years of growth, purchases abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by -X% to X tons in 2020. Overall, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, alcohols imports declined to $X in 2020. In general, imports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

India prevails in alcohols imports structure, reaching X tons, which was near X% of total imports in 2020. It was distantly followed by Pakistan (X tons), constituting a X% share of total imports.

India was also the fastest-growing in terms of the alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives imports, with a CAGR of +X% from 2007 to 2020. Pakistan (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of India increased by +X% percentage points, while Pakistan (-X p.p.) saw their share reduced.

In value terms, India ($X) constitutes the largest market for imported alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total imports.

In India, alcohols imports expanded at an average annual rate of +X% over the period from 2007-2020.

Import Prices by Country

The alcohols import price in Southern Asia stood at $X per ton in 2020, remaining constant against the previous year. Over the period under review, the import price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2011 when the import price increased by X% y-o-y. The level of import peaked at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Pakistan ($X per ton), while India stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Pakistan.

Source: IndexBox Platform

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