Southern Asia: Aniline Derivatives Market 2024

Aniline Derivatives Market Size in Southern Asia

In 2021, the South Asian aniline derivatives market decreased by -1.7% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, recorded a prominent increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Aniline Derivatives Production in Southern Asia

In value terms, aniline derivatives production rose slightly to $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Aniline Derivatives Exports

Exports in Southern Asia

Aniline derivatives exports reached X tons in 2021, rising by 7.5% on the year before. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +17.6% against 2019 indices. The growth pace was the most rapid in 2017 when exports increased by 33%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, aniline derivatives exports skyrocketed to $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +22.8% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 30%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

The biggest shipments were from India (X tons), together amounting to 99.9% of total export.

India was also the fastest-growing in terms of the aniline derivatives and their salts exports, with a CAGR of +7.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2021, the average annual growth rate of value in India amounted to +6.5%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, rising by 16% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 22% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -0.6% per year.

Aniline Derivatives Imports

Imports in Southern Asia

In 2021, approx. X tons of aniline derivatives and their salts were imported in Southern Asia; dropping by -17.2% against 2020 figures. Over the period under review, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by 38%. The volume of import peaked at X tons in 2020, and then declined significantly in the following year.

In value terms, aniline derivatives imports expanded notably to $X in 2021. In general, imports, however, showed a strong increase. The growth pace was the most rapid in 2017 when imports increased by 53%. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons) and Pakistan (X tons) dominates imports structure, together comprising 91% of total imports. It was distantly followed by Bangladesh (X tons), generating an 8.9% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Pakistan (with a CAGR of +38.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported aniline derivatives and their salts in Southern Asia, comprising 69% of total imports. The second position in the ranking was held by Pakistan ($X), with a 27% share of total imports.

From 2012 to 2021, the average annual growth rate of value in India totaled +4.9%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+34.6% per year) and Bangladesh (+8.0% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, with an increase of 30% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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