India - Resinoids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingResinoids Price in India - 2023
Contents:
- Resinoids Price in India (FOB) - 2022
- Resinoids Price in India (CIF) - 2023
- Resinoids Exports in India
- Resinoids Imports in India
Resinoids Price in India (FOB) - 2022
In 2022, the average resinoids export price amounted to $10,507 per ton, rising by 30% against the previous year. In general, the export price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2014 an increase of 65% against the previous year. As a result, the export price attained the peak level of $23,219 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($49,673 per ton), while the average price for exports to Egypt ($2,088 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 Libya (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Resinoids Price in India (CIF) - 2023
In July 2023, the average resinoids import price amounted to $46,006 per ton, which is down by -12.1% against the previous month. Over the period under review, the import price, however, continues to indicate a mild expansion. The pace of growth was the most pronounced in December 2022 an increase of 210% against the previous month. Over the period under review, average import prices attained the peak figure at $96,325 per ton in March 2023; however, from April 2023 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was France ($47,323 per ton), while the price for the United States stood at $41,280 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+1.9%), while the prices for the other major suppliers experienced a decline.
Resinoids Exports in India
After three years of growth, shipments abroad of resinoids decreased by -8.6% to 339 tons in 2022. The total export volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 21%. As a result, the exports reached the peak of 371 tons, and then shrank in the following year.
In value terms, resinoids exports soared to $3.6M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Resinoids in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,189 | 411 | 313 | 701 | -16.1% |
| Angola | 246 | 228 | 159 | 420 | 19.5% |
| United Kingdom | 187 | 473 | 189 | 339 | 21.9% |
| Tanzania | 360 | 280 | 364 | 302 | -5.7% |
| Ghana | 257 | 218 | 265 | 285 | 3.5% |
| United Arab Emirates | 65.1 | 37.0 | 63.0 | 249 | 56.4% |
| Saudi Arabia | N/A | N/A | 103 | 213 | 106.8% |
| Senegal | N/A | 71.8 | 61.8 | 115 | 26.6% |
| Iraq | 147 | 375 | 144 | 73.1 | -20.8% |
| Netherlands | 14.5 | 18.6 | 99.9 | 66.8 | 66.4% |
| Libya | N/A | 22.4 | 62.9 | 53.1 | 54.0% |
| Egypt | 41.0 | 33.1 | 108 | 37.0 | -3.4% |
| Congo | 1.6 | N/A | N/A | 30.7 | 167.7% |
| Others | 901 | 1,029 | 1,061 | 676 | -9.1% |
| Total | 3,409 | 3,198 | 2,993 | 3,561 | 1.5% |
Top Export Markets for Resinoids from India in 2022:
- Tanzania (83.1 tons)
- Angola (30.5 tons)
- United Kingdom (29.0 tons)
- Ghana (23.7 tons)
- Senegal (20.6 tons)
- Egypt (17.7 tons)
- France (14.1 tons)
- Saudi Arabia (13.9 tons)
- Netherlands (11.9 tons)
- United Arab Emirates (10.1 tons)
- Libya (9.7 tons)
- Iraq (9.4 tons)
- Congo (9.2 tons)
Resinoids Imports in India
In 2022, resinoids imports into India surged to 64 tons, growing by 16% on 2021. Over the period under review, imports, however, saw a perceptible decline.
In value terms, resinoids imports expanded markedly to $2.4M in 2022. Overall, imports, however, continue to indicate a slight reduction.
| Import of Resinoids in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,254 | 1,059 | 1,209 | 1,126 | -3.5% |
| United States | 254 | 423 | 110 | 355 | 11.8% |
| United Kingdom | 341 | 233 | 379 | 283 | -6.0% |
| United Arab Emirates | 252 | 213 | 22.4 | 194 | -8.3% |
| Singapore | 74.5 | 27.3 | 103 | 127 | 19.5% |
| Germany | 127 | 73.5 | 115 | 97.2 | -8.5% |
| Indonesia | 43.1 | 32.5 | 20.8 | 59.6 | 11.4% |
| Others | 132 | 179 | 137 | 153 | 5.0% |
| Total | 2,479 | 2,239 | 2,096 | 2,396 | -1.1% |
Top Suppliers of Resinoids to India in 2022:
- France (24.6 tons)
- United Kingdom (11.6 tons)
- Indonesia (7.4 tons)
- United States (6.4 tons)
- Singapore (5.5 tons)
- United Arab Emirates (3.4 tons)
- Germany (2.3 tons)
This report provides an in-depth analysis of the resinoids 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:
- Prodcom 20531030 - Resinoids
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.
-
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
-
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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