India - Cumene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCumene Price in India - 2023
Contents:
- Cumene Price in India (CIF) - 2022
- Cumene Price in India (FOB) - 2022
- Cumene Imports in India
- Cumene Exports in India
Cumene Price in India (CIF) - 2022
In 2022, the average cumene import price amounted to $1,097 per ton, approximately mirroring the previous year. In general, the import price recorded a pronounced curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the peak figure at $1,550 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,151 per ton), while the price for Singapore ($744 per ton) was amongst the lowest.
From 2012 to 2022, 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.
Cumene Price in India (FOB) - 2022
In 2022, the average cumene export price amounted to $1,419 per ton, almost unchanged from the previous year. Over the period under review, the export price continues to indicate a mild reduction. The pace of growth was the most pronounced in 2017 an increase of 72%. As a result, the export price attained the peak level of $7,938 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($5,823 per ton), while the average price for exports to Nepal ($520 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 Nepal (-0.2%), while the prices for the other major destinations experienced a decline.
Cumene Imports in India
For the fourth year in a row, India recorded growth in supplies from abroad of cumene, which increased by 8.9% to 14K tons in 2022. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,278,899%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, cumene imports rose sharply to $15M in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,129,532%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Cumene in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | 3.5 | 4.8 | 7.7 | 48.3% |
Spain | N/A | 2.4 | 4.7 | 3.5 | 20.8% |
South Korea | N/A | 0.4 | 1.1 | 1.9 | 117.9% |
China | N/A | 1.4 | 2.8 | 1.8 | 13.4% |
Singapore | N/A | 0.2 | 0.3 | 0.2 | 0.0% |
Saudi Arabia | N/A | N/A | 0.4 | N/A | 0% |
Others | N/A | 0.1 | 0.3 | 0.3 | 73.2% |
Total | N/A | 8.0 | 14.2 | 15.3 | 38.3% |
Top Suppliers of Cumene to India in 2022:
- United States (6.7K tons)
- Spain (3.5K tons)
- China (1.7K tons)
- South Korea (1.7K tons)
- Singapore (0.3K tons)
Cumene Exports in India
In 2022, exports of cumene from India reached 22 tons, leveling off at the previous year. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 384% against the previous year. As a result, the exports attained the peak of 26 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cumene exports stood at $32K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 57%. As a result, the exports reached the peak of $32K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Cumene in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 16.9 | 23.7 | 24.2 | 23.5 | 11.6% |
Netherlands | 2.5 | 4.3 | 5.4 | 6.3 | 36.1% |
Singapore | 0.1 | 1.0 | 1.0 | 1.0 | 115.4% |
Taiwan (Chinese) | N/A | 2.0 | N/A | N/A | 0% |
Others | 0.7 | 0.9 | 0.8 | 0.8 | 4.6% |
Total | 20.3 | 31.8 | 31.4 | 31.6 | 15.9% |
Top Export Markets for Cumene from India in 2022:
- Austria (19.0 tons)
- Singapore (1.7 tons)
- Netherlands (1.1 tons)
This report provides an in-depth analysis of the cumene 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 20141270 - Cumene
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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