Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in India - 2023

Contents:

1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in India (FOB) - 2022
2. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in India (CIF) - 2023
3. Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in India
4. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in India

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in India (FOB) - 2022

The average export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $69,750 per ton in 2022, waning by -6.6% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -12.8% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 31% against the previous year. The export price peaked at $79,980 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 United States ($304,812 per ton), while the average price for exports to Afghanistan ($21,674 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 Pakistan (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in India (CIF) - 2023

The average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves stood at $56,789 per ton in October 2023, reducing by -68.2% against the previous month. In general, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in August 2023 when the average import price increased by 402% m-o-m. As a result, import price attained the peak level of $736K per ton. From September 2023 to October 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Indonesia ($187K per ton), while the price for China ($37,874 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in India

In 2022, shipments abroad of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves decreased by -23.1% to 234 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2020 with an increase of 75%. As a result, the exports attained the peak of 453 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves shrank markedly to $16M in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year. As a result, the exports attained the peak of $36M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof from India in 2022:

1. Hungary (70.0 tons)
2. Nigeria (27.4 tons)
3. China (24.1 tons)
4. Finland (19.0 tons)
5. Afghanistan (13.0 tons)
6. Cameroon (8.5 tons)
7. United States (7.9 tons)
8. Pakistan (7.2 tons)
9. Thailand (6.7 tons)
10. United Kingdom (6.0 tons)
11. Mexico (4.5 tons)
12. Indonesia (4.0 tons)

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in India

In 2022, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves into India declined sharply to 23 tons, waning by -55.4% against the previous year. Over the period under review, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 213% against the previous year. As a result, imports reached the peak of 51 tons, and then dropped dramatically in the following year.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves shrank dramatically to $2.7M in 2022. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 136%. As a result, imports attained the peak of $5.4M, and then shrank markedly in the following year.

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to India in 2022:

1. China (10.5 tons)
2. Germany (4.3 tons)
3. Indonesia (4.2 tons)
4. United States (2.1 tons)
5. Italy (1.0 tons)
6. Finland (0.2 tons)

Source: IndexBox Market Intelligence Platform