Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in India - 2023

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in India (FOB) - 2022
  2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in India (CIF) - 2023
  3. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in India
  4. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in India

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in India (FOB) - 2022

In 2022, the average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $5,724 per ton, with an increase of 11% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($10,892 per ton), while the average price for exports to Belgium ($2,240 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 Germany (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in India (CIF) - 2023

In October 2023, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $9,125 per ton, increasing by 10% against the previous month. Overall, the import price, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in March 2023 when the average import price increased by 30% m-o-m. Over the period under review, average import prices hit record highs at $13,589 per ton in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($10,437 per ton), while the price for Indonesia ($4,726 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 Brazil (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in India

In 2022, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses from India expanded modestly to 33K tons, increasing by 2.3% compared with 2021 figures. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when exports increased by 28% against the previous year. As a result, the exports attained the peak of 35K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses rose markedly to $191M in 2022. The total export value increased at an average annual rate of +13.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 35%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11.221.115.617.014.9%
Germany10.917.520.616.915.7%
Turkey9.511.39.412.28.7%
Brazil9.211.311.411.06.1%
Netherlands3.35.410.69.843.7%
Thailand4.76.27.17.617.4%
Mexico3.03.54.56.630.1%
Bangladesh2.76.43.24.922.0%
Spain2.02.62.74.934.8%
Egypt3.61.93.64.68.5%
United Arab Emirates0.30.50.54.5146.6%
Russia3.94.74.64.00.8%
Belgium2.110.92.63.316.3%
Others65.174.371.383.38.6%
Total13217816819113.1%

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from India in 2022:

  1. Brazil (2.7K tons)
  2. Germany (2.4K tons)
  3. Turkey (2.1K tons)
  4. Thailand (1.7K tons)
  5. United States (1.6K tons)
  6. Netherlands (1.5K tons)
  7. Mexico (1.5K tons)
  8. Belgium (1.5K tons)
  9. Bangladesh (1.0K tons)
  10. Egypt (0.9K tons)
  11. United Arab Emirates (0.9K tons)
  12. Russia (0.9K tons)
  13. Spain (0.9K tons)

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in India

In 2022, approx. 10K tons of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses were imported into India; surging by 73% compared with the year before. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses soared to $77M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.825.926.349.718.6%
South Korea0.60.93.17.9136.1%
BrazilN/A0.30.83.2226.6%
Indonesia0.80.40.93.055.4%
United States3.92.64.12.5-13.8%
Japan0.60.61.01.844.2%
Germany1.71.61.31.70.0%
Thailand0.1N/A1.01.5146.6%
Others3.01.84.55.320.9%
Total40.434.243.076.523.7%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to India in 2022:

  1. China (7.0K tons)
  2. South Korea (1.1K tons)
  3. Brazil (0.5K tons)
  4. Indonesia (0.5K tons)
  5. Japan (0.2K tons)
  6. United States (0.2K tons)
  7. Germany (0.2K tons)
  8. Thailand (0.2K tons)

Source: IndexBox Market Intelligence Platform

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