Price for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India - 2023

Contents:

  1. Price for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (CIF) - 2022
  2. Price for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (FOB) - 2023
  3. Imports of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India
  4. Exports of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India

Price for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (CIF) - 2022

In 2022, the average import price for ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) amounted to $2,076 per ton, picking up by 16% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) increased by +72.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 48% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,192 per ton), while the price for Malaysia ($1,123 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (FOB) - 2023

The average export price for ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) stood at $2,305 per ton in October 2023, picking up by 3.7% against the previous month. Over the period under review, the export price, however, continues to indicate a noticeable downturn. Over the period under review, the average export prices hit record highs at $3,163 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the United States ($3,457 per ton), while the average price for exports to Tanzania ($1,485 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India

In 2022, the amount of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) imported into India expanded rapidly to 86K tons, increasing by 9.9% against 2021. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 19%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) surged to $180M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia10.09.126.539.558.1%
United States19.413.011.222.24.6%
China13.113.720.120.415.9%
United Arab Emirates10.38.716.115.013.3%
South Korea4.73.47.213.542.1%
Malaysia0.44.512.612.7216.7%
Taiwan (Chinese)8.05.38.512.616.3%
Singapore3.73.97.712.650.4%
France3.83.411.910.640.8%
Thailand4.03.35.99.533.4%
Others10.811.212.810.90.3%
Total88.179.514118026.9%

Top Suppliers of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to India in 2022:

  1. Saudi Arabia (19.7K tons)
  2. Malaysia (11.3K tons)
  3. United States (10.0K tons)
  4. United Arab Emirates (8.6K tons)
  5. Taiwan (Chinese) (6.5K tons)
  6. China (6.5K tons)
  7. Singapore (6.0K tons)
  8. South Korea (6.0K tons)
  9. France (4.6K tons)
  10. Thailand (4.2K tons)

Exports of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India

In 2022, the amount of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) exported from India plummeted to 37K tons, with a decrease of -26.1% on 2021. In general, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.2% 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 increased by +11.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, the exports reached the peak of 50K tons, and then fell sharply in the following year.

In value terms, exports of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding 2,2-oxydiethanol) shrank to $112M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. As a result, the exports attained the peak of $118M, and then declined in the following year.

Export of Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.010.215.215.812.8%
United States5.98.713.814.735.6%
China9.49.420.012.810.8%
Spain1.75.15.97.765.5%
Japan2.63.46.87.039.1%
United Arab Emirates4.14.26.16.516.6%
Israel2.04.35.75.237.5%
South Korea6.93.28.05.0-10.2%
Indonesia2.82.93.33.46.7%
Mexico2.12.04.93.012.6%
Turkey1.21.22.02.731.0%
Thailand1.41.31.81.3-2.4%
Iran4.81.70.60.5-52.9%
Others18.414.824.326.012.2%
Total74.472.411811214.6%

Top Export Markets for Ether-Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from India in 2022:

  1. Germany (5.4K tons)
  2. China (5.2K tons)
  3. United States (4.3K tons)
  4. United Arab Emirates (3.0K tons)
  5. Spain (2.6K tons)
  6. Israel (2.1K tons)
  7. South Korea (1.2K tons)
  8. Turkey (1.0K tons)
  9. Indonesia (0.8K tons)
  10. Japan (0.8K tons)
  11. Mexico (0.7K tons)
  12. Thailand (0.6K tons)
  13. Iran (0.1K tons)

Source: IndexBox Market Intelligence Platform

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