India - Paraformaldehyde - Market Analysis, Forecast, Size, Trends And Insights
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View PricingParaformaldehyde Price in India - 2023
Contents:
- Paraformaldehyde Price in India (CIF) - 2023
- Paraformaldehyde Price in India (FOB) - 2023
- Paraformaldehyde Imports in India
- Paraformaldehyde Exports in India
Paraformaldehyde Price in India (CIF) - 2023
In July 2023, the average paraformaldehyde import price amounted to $831 per ton, waning by -2.6% against the previous month. Over the period under review, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 2% against the previous month. As a result, import price reached the peak level of $1,075 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Indonesia ($876 per ton) and Spain ($862 per ton), while the price for the United Arab Emirates ($680 per ton) and Germany ($769 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.
Paraformaldehyde Price in India (FOB) - 2023
In July 2023, the average paraformaldehyde export price amounted to $786 per ton, approximately equating the previous month. In general, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in November 2022 an increase of 5.2% month-to-month. The export price peaked at $1,022 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Indonesia ($1,522 per ton), while the average price for exports to South Korea ($716 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-0.4%), while the prices for the other major destinations experienced a decline.
Paraformaldehyde Imports in India
In 2022, paraformaldehyde imports into India shrank to 18K tons, which is down by -14.6% compared with 2021. Overall, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 42%.
In value terms, paraformaldehyde imports expanded notably to $19M in 2022. Over the period under review, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 106%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Paraformaldehyde in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.7 | 3.9 | 10.1 | 10.9 | 17.6% |
| Taiwan (Chinese) | 3.0 | 1.2 | 1.6 | 2.0 | -12.6% |
| Belgium | 0.3 | 0.6 | 1.5 | 1.6 | 74.7% |
| Indonesia | 1.7 | 0.8 | 1.3 | 1.4 | -6.3% |
| Germany | 0.9 | 0.7 | 1.3 | 1.4 | 15.9% |
| Netherlands | 1.5 | 0.7 | 0.7 | 1.0 | -12.6% |
| Others | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Total | 14.3 | 8.2 | 16.9 | 18.7 | 9.4% |
Top Suppliers of Paraformaldehyde to India in 2022:
- Spain (9.7K tons)
- Taiwan (Chinese) (2.4K tons)
- Indonesia (1.4K tons)
- Belgium (1.4K tons)
- Germany (1.3K tons)
- Netherlands (1.1K tons)
Paraformaldehyde Exports in India
In 2022, after three years of growth, there was significant decline in shipments abroad of paraformaldehyde, when their volume decreased by -20.9% to 5.7K tons. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 133% against the previous year. As a result, the exports reached the peak of 7.2K tons, and then fell sharply in the following year.
In value terms, paraformaldehyde exports shrank notably to $5.6M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 262% against the previous year. As a result, the exports reached the peak of $6.7M, and then reduced remarkably in the following year.
| Export of Paraformaldehyde in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 163 | 1,043 | 3,982 | 3,580 | 180.0% |
| Kenya | N/A | 69.7 | 1,426 | 1,282 | 328.9% |
| United States | 0.5 | 65.3 | 145 | 131 | 539.9% |
| Myanmar | 166 | 99.0 | 121 | 111 | -12.6% |
| Tanzania | 37.7 | 40.2 | 85.1 | 76.5 | 26.6% |
| Sri Lanka | 168 | 54.6 | N/A | 64.1 | -27.5% |
| Nigeria | N/A | 124 | 135 | N/A | 8.9% |
| Uganda | N/A | 45.9 | 323 | N/A | 603.7% |
| China | 307 | N/A | N/A | N/A | 0% |
| Others | 255 | 306 | 464 | 371 | 13.3% |
| Total | 1,097 | 1,848 | 6,682 | 5,615 | 72.3% |
Top Export Markets for Paraformaldehyde from India in 2022:
- Bangladesh (3691.2 tons)
- Kenya (1314.7 tons)
- Myanmar (251.5 tons)
- United States (150.2 tons)
- Sri Lanka (100.0 tons)
- Tanzania (83.4 tons)
This report provides an in-depth analysis of the paraformaldehyde 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 20146160 - Paraformaldehyde
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
-
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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