Cyclic Hydrocarbons; M-Xylene Price in India - 2023
Contents:
- Cyclic Hydrocarbons; M-Xylene Price in India (CIF) - 2023
- Cyclic Hydrocarbons; M-Xylene Price in India (FOB) - 2022
- Cyclic Hydrocarbons; M-Xylene Imports in India
- Cyclic Hydrocarbons; M-Xylene Exports in India
Cyclic Hydrocarbons; M-Xylene Price in India (CIF) - 2023
The average cyclic hydrocarbons; m-xylene import price stood at $1,804 per ton in July 2023, dropping by -14.5% against the previous month. In general, the import price recorded a mild downturn. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 27% month-to-month. The import price peaked at $2,920 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2,496 per ton), while the price for Taiwan (Chinese) totaled $1,593 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Cyclic Hydrocarbons; M-Xylene Price in India (FOB) - 2022
The average cyclic hydrocarbons; m-xylene export price stood at $63,083 per ton in 2022, with an increase of 73% against the previous year. In general, the export price recorded a significant increase. The pace of growth was the most pronounced in 2017 an increase of 2,951% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($130,017 per ton), while the average price for exports to Nepal ($1,045 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 Indonesia (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.
Cyclic Hydrocarbons; M-Xylene Imports in India
In 2022, after three years of growth, there was significant decline in purchases abroad of cyclic hydrocarbons; m-xylenes, when their volume decreased by -11.2% to 3.8K tons. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 77%. As a result, imports reached the peak of 4.3K tons, and then contracted in the following year.
In value terms, cyclic hydrocarbons; m-xylene imports soared to $6.9M in 2022. Over the period under review, imports, however, recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cyclic Hydrocarbons; M-Xylene in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.6 | 2.5 | 4.5 | 4.8 | 22.7% |
| United States | N/A | N/A | N/A | 2.1 | 0% |
| Thailand | 0.5 | 0.2 | N/A | N/A | -60.0% |
| Taiwan (Chinese) | 0.1 | 0.4 | N/A | N/A | 300.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.2 | 3.1 | 4.5 | 6.9 | 29.2% |
Top Suppliers of Cyclic Hydrocarbons; M-Xylene to India in 2022:
- Japan (2.5K tons)
- United States (1.3K tons)
Cyclic Hydrocarbons; M-Xylene Exports in India
In 2022, overseas shipments of cyclic hydrocarbons; m-xylenes decreased by -55.8% to 13 tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 219%. As a result, the exports attained the peak of 33 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cyclic hydrocarbons; m-xylene exports declined remarkably to $851K in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 65% against the previous year.
| Export of Cyclic Hydrocarbons; M-Xylene in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 522 | 843 | 835 | 650 | 7.6% |
| Italy | N/A | N/A | 157 | 162 | 3.2% |
| Belgium | 23.4 | 51.6 | 108 | 35.6 | 15.0% |
| Nepal | 0.3 | N/A | 5.5 | 2.5 | 102.7% |
| Bangladesh | N/A | 18.5 | 0.1 | N/A | -99.5% |
| Saudi Arabia | 3.1 | N/A | N/A | N/A | 0% |
| Others | 6.3 | 1.5 | 8.7 | 0.5 | -57.0% |
| Total | 555 | 915 | 1,114 | 851 | 15.3% |
Top Export Markets for Cyclic Hydrocarbons; M-Xylene from India in 2022:
- Denmark (5.0 tons)
- Belgium (4.8 tons)
- Nepal (2.4 tons)
- Italy (1.3 tons)
271
This report provides an in-depth analysis of the m-xylene and xylenes market in India.
1046
This report provides an in-depth analysis of the cyclic hydrocarbons market in India.
758
This report provides an in-depth analysis of the benzene market in India.
590
This report provides an in-depth analysis of the cumene market in India.
418
This report provides an in-depth analysis of the market for cyclanes, cyclenes and cycloterpenes in India.
469
This report provides an in-depth analysis of the cyclohexane market in India.
483
This report provides an in-depth analysis of the ethylbenzene market in India.
381
This report provides an in-depth analysis of the o-xylene market in India.
82
This report provides an in-depth analysis of the cyclic hydrocarbons market in India.
365
This report provides an in-depth analysis of the p-xylene market in India.
418
In March 2023, the cyclic hydrocarbons price stood at $1,042 per ton (FOB, India), jumping by 15% against the previous month.
326
In February 2023, the cyclohexane price stood at $952 per ton (FOB, India), declining by -38.7% against the previous month.
317
Imports of Cyclic Hydrocarbons reached an all-time high in July 2023, with a total value of $6.3M.
579
In February 2023, the styrene price amounted to $1,108 per ton (CIF, India), growing by 5.5% against the previous month.
224
Imports of Toluene reached a peak in 2023 and are projected to continue growing in the near future, with a total value of $617M in 2023.
239
Imports of Toluene showed a somewhat lower growth figure from January 2023 to October 2023, with a value of $65M in October 2023.
551
In September 2022, the toluene price amounted to $1,062 per ton (CIF, India), declining by -13.8% against the previous month.
377
Explore the top countries leading in the import of cyclic hydrocarbons, their import values, and key statistics in 2022.
823
From 2010 to 2020, the average export price for cyclic hydrocarbons dropped nearly twofold, from $1,119 per ton to $615 per ton. That was the lowest level over the past decade.
2942
In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
