Report Update Nov 1, 2024

Southern Asia - Resinoids - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Resinoids Market 2024

Resinoids Market Size in Southern Asia

The South Asian resinoids market reduced to $X in 2022, almost unchanged from the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Resinoids Production in Southern Asia

In value terms, resinoids production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 43%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Resinoids Exports

Exports in Southern Asia

After two years of growth, overseas shipments of resinoids decreased by -13% to X tons in 2022. In general, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2018 when exports increased by 27% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, resinoids exports totaled $X in 2022. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 7.2% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from India (X tons), together amounting to 99% of total export.

India was also the fastest-growing in terms of the resinoids exports, with a CAGR of -5.7% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to -8.4%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, rising by 15% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The pace of growth was the most pronounced in 2014 when the export price increased by 61% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -2.9% per year.

Resinoids Imports

Imports in Southern Asia

After four years of decline, purchases abroad of resinoids increased by 40% to X tons in 2022. Over the period under review, imports, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 79% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, resinoids imports surged to $X in 2022. In general, imports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2013 when imports increased by 30%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

India was the key importing country with an import of around X tons, which finished at 56% of total imports. Pakistan (X tons) took a 31% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (8.4%). Nepal (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Pakistan (with a CAGR of +46.0%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, India ($X) constitutes the largest market for imported resinoids in Southern Asia, comprising 83% of total imports. The second position in the ranking was held by Pakistan ($X), with a 12% share of total imports. It was followed by Bangladesh, with a 4% share.

In India, resinoids imports decreased by an average annual rate of -4.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+51.0% per year) and Bangladesh (+0.3% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, waning by -12.5% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by 90% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+11.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for resinoids in Southern Asia?

India constituted the country with the largest volume of resinoids consumption, comprising approx. 95% of total volume. Moreover, resinoids consumption in India exceeded the figures recorded by the second-largest consumer, Sri Lanka, more than tenfold.

What are the largest producers of resinoids in Southern Asia?

India remains the largest resinoids producing country in Southern Asia, accounting for 96% of total volume. Moreover, resinoids production in India exceeded the figures recorded by the second-largest producer, Sri Lanka, more than tenfold.

What are the leading exporters of resinoids in Southern Asia?

In value terms, India remains the largest resinoids supplier in Southern Asia.

What are the leading importers of resinoids in Southern Asia?

In value terms, India constitutes the largest market for imported resinoids in Southern Asia, comprising 89% of total imports. The second position in the ranking was occupied by Pakistan, with a 4.9% share of total imports. It was followed by Bangladesh, with a 3.3% share.

What is the average export price for resinoids in Southern Asia?

In 2021, the export price in Southern Asia amounted to $10,027 per ton, falling by -31.6% against the previous year.

What is the average import price for resinoids in Southern Asia?

In 2021, the import price in Southern Asia amounted to $28,854 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the resinoids market in Southern Asia. 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:

Prodcom 20531030 - Resinoids

Country coverage:

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
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
Find deeper insights into current market developments
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023