Price for Lecithins and Other Phosphoaminolipids in India - 2023
Contents:
- Price for Lecithins and Other Phosphoaminolipids in India (FOB) - 2023
- Price for Lecithins and Other Phosphoaminolipids in India (CIF) - 2022
- Exports of Lecithins and Other Phosphoaminolipids in India
- Imports of Lecithins and Other Phosphoaminolipids in India
Price for Lecithins and Other Phosphoaminolipids in India (FOB) - 2023
The average lecithins and other phosphoaminolipids export price stood at $2,881 per ton in October 2023, dropping by -8.9% against the previous month. Overall, the export price saw a noticeable decline. The pace of growth was the most pronounced in January 2023 an increase of 10% month-to-month. Over the period under review, the average export prices reached the maximum at $5,464 per ton in February 2023; however, from March 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Germany ($7,945 per ton), while the average price for exports to Turkey ($1,375 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Lecithins and Other Phosphoaminolipids in India (CIF) - 2022
In 2022, the average lecithins and other phosphoaminolipids import price amounted to $1,068 per ton, therefore, remained relatively stable against the previous year. Overall, the import price saw a abrupt contraction. The growth pace was the most rapid in 2021 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the peak figure at $7,946 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,931 per ton), while the price for Argentina ($675 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lecithins and Other Phosphoaminolipids in India
In 2022, approx. 106K tons of lecithins and other phosphoaminolipidses were exported from India; jumping by 96% against 2021. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, lecithins and other phosphoaminolipids exports soared to $197M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Lecithins and Other Phosphoaminolipids in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 21.0 | 20.0 | 23.9 | 75.3 | 53.1% |
| United States | 3.5 | 4.6 | 5.8 | 13.5 | 56.8% |
| Turkey | 3.1 | 2.8 | 4.3 | 11.3 | 53.9% |
| Italy | 3.3 | 5.1 | 8.0 | 11.0 | 49.4% |
| Spain | 1.6 | 2.5 | 3.1 | 7.9 | 70.3% |
| United Arab Emirates | 1.7 | 0.9 | 2.7 | 6.4 | 55.6% |
| Australia | 0.7 | 1.2 | 1.2 | 4.9 | 91.3% |
| France | 5.1 | 3.3 | 3.0 | 4.6 | -3.4% |
| United Kingdom | 1.4 | 1.3 | 1.8 | 4.5 | 47.6% |
| Saudi Arabia | 0.5 | 0.7 | 1.1 | 4.3 | 104.9% |
| Philippines | 1.0 | 1.1 | 3.5 | 4.3 | 62.6% |
| Peru | 0.7 | 0.5 | 1.2 | 3.2 | 66.0% |
| Indonesia | 1.6 | 1.1 | 1.4 | 2.9 | 21.9% |
| Others | 41.0 | 20.3 | 30.2 | 43.3 | 1.8% |
| Total | 86.1 | 65.5 | 91.4 | 197 | 31.8% |
Top Export Markets for Lecithins and Other Phosphoaminolipids from India in 2022:
- Netherlands (44.4K tons)
- Turkey (8.7K tons)
- United States (5.9K tons)
- United Arab Emirates (4.8K tons)
- Spain (4.6K tons)
- Philippines (3.0K tons)
- Australia (2.6K tons)
- Peru (2.5K tons)
- United Kingdom (2.4K tons)
- Italy (2.3K tons)
- Indonesia (2.1K tons)
- France (2.0K tons)
- Saudi Arabia (1.9K tons)
Imports of Lecithins and Other Phosphoaminolipids in India
In 2022, imports of lecithins and other phosphoaminolipidses into India surged to 83K tons, increasing by 82% compared with the previous year. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 107% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, lecithins and other phosphoaminolipids imports surged to $88M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lecithins and Other Phosphoaminolipids in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 5.0 | 11.6 | 18.8 | 33.3 | 88.1% |
| China | 0.5 | 0.4 | 1.4 | 12.3 | 190.8% |
| Bangladesh | 2.0 | 3.6 | 6.2 | 9.8 | 69.8% |
| Ukraine | 3.1 | 4.4 | 2.5 | 6.5 | 28.0% |
| Russia | 0.1 | 0.6 | 1.3 | 3.5 | 227.1% |
| Brazil | 1.5 | 2.7 | 0.6 | 2.4 | 17.0% |
| Others | 14.4 | 14.7 | 18.3 | 20.4 | 12.3% |
| Total | 26.7 | 38.0 | 49.1 | 88.2 | 48.9% |
Top Suppliers of Lecithins and Other Phosphoaminolipids to India in 2022:
- Argentina (49.4K tons)
- Bangladesh (11.5K tons)
- Ukraine (6.6K tons)
- China (6.4K tons)
- Russia (2.2K tons)
- Brazil (2.1K tons)
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