India - Bentonite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBentonite Price in India - 2023
Contents:
- Bentonite Price in India (FOB) - 2023
- Bentonite Price in India (CIF) - 2022
- Bentonite Exports in India
- Bentonite Imports in India
Bentonite Price in India (FOB) - 2023
In July 2023, the average bentonite export price amounted to $88.0 per ton, jumping by 101% against the previous month. In general, export price indicated moderate growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, bentonite export price increased by +100.7% against June 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($165 per ton), while the average price for exports to Poland ($18.0 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 South Africa (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bentonite Price in India (CIF) - 2022
In 2022, the average bentonite import price amounted to $212 per ton, growing by 12% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 23% against the previous year. The import price peaked at $449 per ton in 2013; however, from 2014 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 ($418 per ton), while the price for Iran ($68 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Bentonite Exports in India
In 2022, shipments abroad of bentonite decreased by -1.4% to 1.5M tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 1.5% against the previous year. As a result, the exports attained the peak of 1.7M tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, bentonite exports expanded significantly to $84M in 2022. In general, exports, however, saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Bentonite in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 12.8 | 11.5 | 10.7 | 13.4 | 1.5% |
Malaysia | 14.5 | 11.3 | 8.8 | 11.8 | -6.6% |
China | 6.6 | 7.4 | 7.2 | 11.1 | 18.9% |
Saudi Arabia | 2.5 | 3.1 | 2.9 | 4.9 | 25.1% |
South Korea | 4.0 | 4.7 | 4.5 | 4.9 | 7.0% |
Thailand | 3.1 | 3.8 | 2.6 | 3.5 | 4.1% |
Vietnam | 1.9 | 3.1 | 1.7 | 3.3 | 20.2% |
South Africa | 0.1 | 0.1 | 2.5 | 3.2 | 217.5% |
United Arab Emirates | 2.2 | 2.4 | 1.2 | 3.1 | 12.1% |
Bahrain | 1.0 | 1.4 | 3.3 | 3.0 | 44.2% |
Australia | 1.2 | 0.7 | 1.6 | 2.8 | 32.6% |
Singapore | 0.8 | 1.4 | 2.3 | 2.3 | 42.2% |
Ukraine | 7.8 | 9.3 | 8.0 | 1.9 | -37.5% |
Others | 24.0 | 23.5 | 16.9 | 14.8 | -14.9% |
Total | 82.6 | 83.8 | 74.3 | 84.1 | 0.6% |
Top Export Markets for Bentonite from India in 2022:
- Indonesia (334.0K tons)
- Malaysia (185.3K tons)
- China (143.7K tons)
- South Korea (95.9K tons)
- Saudi Arabia (88.6K tons)
- Australia (77.5K tons)
- Bahrain (75.7K tons)
- Ukraine (67.2K tons)
- Thailand (52.2K tons)
- Vietnam (47.0K tons)
- South Africa (43.6K tons)
- United Arab Emirates (34.2K tons)
- Singapore (27.5K tons)
Bentonite Imports in India
In 2022, after three years of growth, there was decline in overseas purchases of bentonite, when their volume decreased by -0.9% to 127K tons. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 189% against the previous year. As a result, imports attained the peak of 128K tons, leveling off in the following year.
In value terms, bentonite imports expanded sharply to $27M in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 91%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Bentonite in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 4.6 | 5.5 | 11.2 | 9.7 | 28.2% |
United States | 2.5 | 2.9 | 4.7 | 6.9 | 40.3% |
China | 0.7 | 1.2 | 2.6 | 4.5 | 85.9% |
Iran | 0.1 | 0.2 | 0.1 | 0.6 | 81.7% |
Greece | 1.4 | 0.2 | 0.6 | 0.4 | -34.1% |
Others | 3.3 | 2.9 | 5.1 | 5.0 | 14.9% |
Total | 12.6 | 12.8 | 24.4 | 27.0 | 28.9% |
Top Suppliers of Bentonite to India in 2022:
- Turkey (77.3K tons)
- United States (16.5K tons)
- China (15.8K tons)
- Iran (8.3K tons)
- Greece (2.5K tons)
This report provides an in-depth analysis of the bentonite 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 08122210 - Bentonite
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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