India - Polyethylene Glycols and Polyethers in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene Glycol and Polyether in India - 2022
Contents:
- Price for Polyethylene Glycol and Polyether in India (CIF) - 2022
- Price for Polyethylene Glycol and Polyether in India (FOB) - 2022
- Imports of Polyethylene Glycol and Polyether in India
- Exports of Polyethylene Glycol and Polyether in India
Price for Polyethylene Glycol and Polyether in India (CIF) - 2022
In March 2022, the average polyethylene glycol and polyether import price amounted to $2,705 per ton, dropping by -5.1% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in April 2021 when the average import price increased by 19% month-to-month. The import price peaked at $3,190 per ton in July 2021; however, from August 2021 to March 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Vietnam ($6,725 per ton), while the price for Saudi Arabia ($1,720 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyethylene Glycol and Polyether in India (FOB) - 2022
In March 2022, the average polyethylene glycol and polyether export price amounted to $5,883 per ton, which is down by -12.2% against the previous month. Over the period under review, the export price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in February 2022 when the average export price increased by 104% against the previous month. As a result, the export price attained the peak level of $6,696 per ton, and then declined in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($9,865 per ton), while the average price for exports to Italy ($2,009 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyethylene Glycol and Polyether in India
Polyethylene glycol and polyether imports into India contracted remarkably to 233K tons in 2022, declining by -28.8% on the previous year. In general, imports saw a perceptible downturn. The growth pace was the most rapid in 2021 when imports increased by 43%. As a result, imports reached the peak of 327K tons, and then declined rapidly in the following year.
In value terms, polyethylene glycol and polyether imports declined to $764M in 2022. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 103%. As a result, imports attained the peak of $893M, and then declined in the following year.
Import of Polyethylene Glycol and Polyether in India (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 78.9 | 76.2 | 159 | 135 | 19.6% |
China | 83.4 | 81.4 | 132 | 113 | 10.7% |
Thailand | 24.8 | 33.1 | 120 | 102 | 60.2% |
Saudi Arabia | 58.2 | 40.4 | 100 | 85.3 | 13.6% |
South Korea | 55.6 | 46.9 | 81.9 | 69.8 | 7.9% |
Vietnam | 7.4 | 13.8 | 77.0 | 65.6 | 107.0% |
United States | 54.7 | 62.5 | 63.0 | 53.6 | -0.7% |
Taiwan (Chinese) | 34.5 | 21.2 | 60.4 | 51.4 | 14.2% |
Belgium | 28.2 | 20.9 | 46.1 | 39.3 | 11.7% |
Netherlands | 14.4 | 14.1 | 8.5 | 10.4 | -10.3% |
Others | 45.5 | 29.4 | 44.4 | 38.6 | -5.3% |
Total | 486 | 440 | 893 | 764 | 16.3% |
Top Suppliers of Polyethylene Glycol and Polyether to India in 2022:
- Singapore (41.0K tons)
- China (38.5K tons)
- Thailand (33.1K tons)
- Saudi Arabia (29.5K tons)
- South Korea (24.8K tons)
- Belgium (16.2K tons)
- Taiwan (Chinese) (11.8K tons)
- Vietnam (10.6K tons)
- United States (9.7K tons)
- Netherlands (4.8K tons)
Exports of Polyethylene Glycol and Polyether in India
For the fourth year in a row, India recorded growth in shipments abroad of polyethylene glycols and polyethers in primary forms, which increased by 9.3% to 18K tons in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 67%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, polyethylene glycol and polyether exports rose significantly to $67M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 72%. As a result, the exports reached the peak of $92M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Polyethylene Glycol and Polyether in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 36.7 | 71.0 | 30.7 | 39.8 | 2.7% |
Bangladesh | 1.3 | 2.7 | 9.1 | 8.1 | 84.0% |
Sri Lanka | 1.9 | 1.2 | 2.4 | 2.1 | 3.4% |
United Arab Emirates | 0.5 | 0.5 | 2.3 | 2.1 | 61.3% |
Malaysia | 0.1 | 0.3 | 1.8 | 1.6 | 152.0% |
Italy | 0.6 | 0.6 | 1.6 | 1.4 | 32.6% |
China | 1.7 | 1.2 | 1.2 | 1.2 | -11.0% |
Nepal | 0.7 | 0.7 | 1.2 | 1.1 | 16.3% |
Kuwait | 0.1 | 0.1 | 0.9 | 0.8 | 100.0% |
Thailand | 0.1 | 1.3 | 0.7 | 0.6 | 81.7% |
Saudi Arabia | 0.5 | 0.9 | 0.3 | 0.5 | 0.0% |
Indonesia | 0.3 | 0.4 | 0.6 | 0.5 | 18.6% |
Oman | 0.3 | 0.8 | 0.3 | 0.4 | 10.1% |
Others | 8.6 | 10.2 | 7.3 | 7.0 | -6.6% |
Total | 53.4 | 91.8 | 60.6 | 67.2 | 8.0% |
Top Export Markets for Polyethylene Glycol and Polyether from India in 2022:
- Singapore (5.2K tons)
- Bangladesh (4.3K tons)
- United Arab Emirates (1.1K tons)
- Sri Lanka (1.0K tons)
- Italy (0.9K tons)
- Malaysia (0.8K tons)
- China (0.6K tons)
- Oman (0.5K tons)
- Nepal (0.5K tons)
- Indonesia (0.4K tons)
- Thailand (0.4K tons)
- Saudi Arabia (0.3K tons)
- Kuwait (0.3K tons)
This report provides an in-depth analysis of the market for polyethylene glycol and polyether 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:
- Prodcom 20164015 - Polyethylene glycols and other polyether alcohols, in primary forms
- Prodcom 20164020 - Polyethers, in primary forms (excluding polyacetals, polyether alcohols)
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
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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