Price for Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India - 2024

Contents:

  1. Price for Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India (CIF) - 2024
  2. Price for Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India (FOB) - 2022
  3. Imports of Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India
  4. Exports of Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India

Price for Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India (CIF) - 2024

In March 2024, the average import price for concentrates of poppy straw; buprenorphine "INN", codeine, dihydrocodeine "INN", ethylmorphines amounted to $12.1M per ton, approximately reflecting the previous month. Overall, the import price enjoyed significant growth. The pace of growth appeared the most rapid in August 2023 an increase of 303% m-o-m. Over the period under review, average import prices hit record highs in March 2024.

Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was the UK ($12.1M per ton), while the price for the United States stood at $12.1M per ton.

From May 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the UK (+58.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India (FOB) - 2022

The average export price for concentrates of poppy straw; buprenorphine "INN", codeine, dihydrocodeine "INN", ethylmorphines stood at $11,479,921 per ton in 2022, dropping by -5.6% against the previous year. In general, the export price, however, showed a significant expansion. The growth pace was the most rapid in 2017 when the average export price increased by 22,321% against the previous year. Over the period under review, the average export prices attained the maximum at $12,163,326 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($18,659,750 per ton), while the average price for exports to the United States ($6,110,500 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 Taiwan (Chinese) (+93.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India

In 2022, after three years of growth, there was significant decline in purchases abroad of concentrates of poppy straw; buprenorphine "INN", codeine, dihydrocodeine "INN", ethylmorphines, when their volume decreased by -6.5% to 45 tons. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year.

In value terms, imports of concentrates of poppy straw; buprenorphine "INN", codeine, dihydrocodeine "INN", ethylmorphines declined to $21M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 40%.

Import of Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10.514.716.614.912.4%
Australia2.43.22.74.220.5%
Slovakia0.10.10.10.9108.0%
SpainN/A0.31.90.641.4%
Others0.20.10.10.314.5%
Total13.118.321.520.916.8%

Top Suppliers of Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine to India in 2022:

  1. France (29.9 tons)
  2. Australia (12.1 tons)
  3. Slovakia (1.7 tons)
  4. Spain (1.3 tons)

Exports of Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India

In 2022, after two years of decline, there was significant growth in overseas shipments of concentrates of poppy straw; buprenorphine "INN", codeine, dihydrocodeine "INN", ethylmorphines, when their volume increased by 54% to 146 kg. In general, exports, however, continue to indicate a dramatic curtailment.

In value terms, exports of concentrates of poppy straw; buprenorphine "INN", codeine, dihydrocodeine "INN", ethylmorphines skyrocketed to $1.7M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 82% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5094851,0331,30136.7%
ChinaN/AN/AN/A1490%
United States37480.8N/A134-29.0%
Taiwan (Chinese)16.721.558.452.646.6%
Pakistan8.816.327.519.831.0%
SudanN/A9.9N/AN/A0%
Angola1.4N/AN/AN/A0%
Others2.91.5N/AN/A-48.3%
Total9136151,1191,65722.0%

Top Export Markets for Concentrates of Poppy Straw; Buprenorphine "INN", Codeine, Dihydrocodeine "INN", Ethylmorphine from India in 2022:

  1. Belgium (108.0 kg)
  2. United States (22.0 kg)
  3. China (8.0 kg)
  4. Pakistan (3.0 kg)
  5. Taiwan (Chinese) (3.0 kg)

Source: IndexBox Market Intelligence Platform

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