India - Amino-Resins, Phenolic Resins And Polyurethanes (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAmino-Resin Price in India - 2023
Contents:
- Amino-Resin Price in India (CIF) - 2023
- Amino-Resin Price in India (FOB) - 2023
- Amino-Resin Imports in India
- Amino-Resin Exports in India
Amino-Resin Price in India (CIF) - 2023
In July 2023, the average amino-resin import price amounted to $2,189 per ton, waning by -5.1% against the previous month. In general, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in December 2022 an increase of 5.9% m-o-m. The import price peaked at $2,857 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,199 per ton), while the price for Saudi Arabia ($1,740 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Amino-Resin Price in India (FOB) - 2023
The average amino-resin export price stood at $1,406 per ton in July 2023, waning by -9.7% against the previous month. Overall, the export price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in March 2023 an increase of 8.9% against the previous month. The export price peaked at $1,897 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,601 per ton), while the average price for exports to Nepal ($285 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 Gabon (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Amino-Resin Imports in India
In 2022, approx. 347K tons of amino-resins, phenolic resins and polyurethanes (in primary forms) were imported into India; increasing by 6% against 2021. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, amino-resin imports surged to $940M in 2022. Over the period under review, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 70%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
Import of Amino-Resin in India (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 143 | 145 | 291 | 329 | 32.0% |
South Korea | 88.5 | 53.0 | 114 | 135 | 15.1% |
Singapore | 77.0 | 52.7 | 90.3 | 76.0 | -0.4% |
Netherlands | 63.4 | 39.7 | 47.4 | 71.4 | 4.0% |
Japan | 31.0 | 29.4 | 51.9 | 64.7 | 27.8% |
Saudi Arabia | 17.5 | 14.8 | 27.7 | 60.0 | 50.8% |
Germany | 34.1 | 21.9 | 31.4 | 48.3 | 12.3% |
Belgium | 17.7 | 27.4 | 34.3 | 31.7 | 21.4% |
Italy | 26.1 | 23.4 | 27.5 | 26.3 | 0.3% |
Taiwan (Chinese) | 14.1 | 11.7 | 18.8 | 18.7 | 9.9% |
Thailand | 11.9 | 6.2 | 11.6 | 13.6 | 4.6% |
Others | 55.6 | 52.1 | 67.3 | 65.5 | 5.6% |
Total | 580 | 478 | 813 | 940 | 17.5% |
Top Suppliers of Amino-Resin to India in 2022:
- China (132.9K tons)
- South Korea (55.8K tons)
- Singapore (26.6K tons)
- Netherlands (24.5K tons)
- Japan (24.4K tons)
- Saudi Arabia (24.2K tons)
- Germany (13.3K tons)
- Belgium (9.5K tons)
- Italy (8.1K tons)
- Thailand (5.6K tons)
- Taiwan (Chinese) (4.7K tons)
Amino-Resin Exports in India
For the fourth consecutive year, India recorded growth in overseas shipments of amino-resins, phenolic resins and polyurethanes (in primary forms), which increased by 16% to 127K tons in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 +57.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, amino-resin exports skyrocketed to $218M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +65.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
Export of Amino-Resin in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 5.7 | 5.4 | 6.7 | 19.9 | 51.7% |
Bangladesh | 8.7 | 8.3 | 14.6 | 19.1 | 30.0% |
Indonesia | 10.4 | 9.5 | 13.9 | 15.5 | 14.2% |
Nepal | 6.6 | 6.2 | 13.1 | 14.7 | 30.6% |
United States | 12.6 | 5.6 | 11.2 | 12.2 | -1.1% |
China | 13.7 | 19.3 | 10.8 | 11.5 | -5.7% |
Germany | 8.4 | 6.9 | 8.9 | 10.3 | 7.0% |
Russia | 1.4 | 0.8 | 1.5 | 8.9 | 85.2% |
Turkey | 1.5 | 2.9 | 7.6 | 8.5 | 78.3% |
South Africa | 2.0 | 1.9 | 3.5 | 6.7 | 49.6% |
Netherlands | 11.3 | 4.8 | 3.7 | 6.3 | -17.7% |
Malaysia | 4.8 | 4.9 | 5.8 | 5.9 | 7.1% |
Saudi Arabia | 1.9 | 2.0 | 2.9 | 5.8 | 45.1% |
Others | 61.1 | 52.8 | 71.8 | 72.3 | 5.8% |
Total | 150 | 131 | 176 | 218 | 13.3% |
Top Export Markets for Amino-Resin from India in 2022:
- Nepal (42.7K tons)
- Bangladesh (12.9K tons)
- United Arab Emirates (8.9K tons)
- China (6.6K tons)
- Indonesia (5.9K tons)
- Germany (3.9K tons)
- South Africa (3.6K tons)
- Turkey (3.5K tons)
- United States (2.8K tons)
- Russia (2.6K tons)
- Malaysia (2.4K tons)
- Saudi Arabia (2.0K tons)
- Netherlands (1.7K tons)
This report provides an in-depth analysis of the amino-resin 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 20165550 - Urea resins and thiourea resins, in primary forms
- Prodcom 20165570 - Melamine resins, in primary forms
- Prodcom 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)
- Prodcom 20165650 - Phenolic resins, in primary forms
- Prodcom 20165670 - Polyurethanes, in primary forms
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
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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
This report provides an in-depth analysis of the amino-resin market in India.
This report provides an in-depth analysis of the phenolic resins market in India.
This report provides an in-depth analysis of the melamine resins market in India.
This report provides an in-depth analysis of the polyurethanes market in India.
This report provides an in-depth analysis of the market for urea and thiourea resins in India.
This report provides an in-depth analysis of the amino resin market in India.
This report provides an in-depth analysis of the global amino-resin market.
This report provides an in-depth analysis of the global phenolic resins market.
This report provides an in-depth analysis of the global melamine resins market.
This report provides an in-depth analysis of the global polyurethanes market.
In February 2023, the phenolic resins price stood at $3,077 per ton (CIF, India), reducing by -5.5% against the previous month.
Polyurethanes saw a significant growth rate of 33% in March 2023, but imports decreased to $29M in November 2023.
The growth of Polyurethanes imports was at its fastest in March 2023 with a month-on-month increase of 33%. In terms of value, imports of Polyurethanes rose significantly to $31M in July 2023.
The global amino resin market revenue amounted to $68.1B in 2018, rising by 6.6% against the previous year. This...
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
The global trade in amino-resins, phenolic resins and polyurethanes (in primary forms) amounted to X million USD in 2015, fluctuating perceptibly over the period under review. A notable drop in 2009 was followed by recovery over the next five year
Germany dominates in the global trade of amino-resins, phenolic resins and polyurethanes. In 2014, Germany exported X million tons of amino-resins, phenolic resins and polyurethanes totaling X billion USD, X% over the previous year. Its primar
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Explore the top import markets for polyurethanes in 2023. Discover key countries driving the global demand for polyurethane products.