Price for Poly(Lactic Acid); in Primary Forms in India - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in India (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in India (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in India
- Exports of Poly(Lactic Acid); in Primary Forms in India
Price for Poly(Lactic Acid); in Primary Forms in India (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $4,514 per ton, falling by -3.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 68%. The import price peaked at $8,906 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,889 per ton), while the price for Thailand ($3,716 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+152.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poly(Lactic Acid); in Primary Forms in India (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $3,044 per ton, declining by -12.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,908 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($4,129 per ton), while the average price for exports to Bangladesh amounted to $2,842 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poly(Lactic Acid); in Primary Forms in India
After two years of decline, overseas purchases of poly(lactic acid); in primary formses increased by 215% to 2.2K tons in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms imports skyrocketed to $9.8M in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Poly(Lactic Acid); in Primary Forms in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 1,627 | 2,214 | 2,154 | 6,426 | 58.1% |
Germany | 273 | 216 | 673 | 2,008 | 94.5% |
United States | 102 | 176 | 160 | 476 | 67.1% |
Netherlands | 166 | 164 | 153 | 472 | 41.7% |
China | 362 | 21.7 | 87.7 | 462 | 8.5% |
Others | 7.5 | 26.8 | 8.0 | 4.6 | -15.0% |
Total | 2,538 | 2,818 | 3,235 | 9,849 | 57.1% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to India in 2022:
- Thailand (1729.2 tons)
- Germany (155.8 tons)
- China (109.2 tons)
- United States (108.5 tons)
- Netherlands (78.6 tons)
Exports of Poly(Lactic Acid); in Primary Forms in India
Poly(lactic acid); in primary forms exports from India soared to 898 tons in 2022, growing by 381% against the year before. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 598%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, poly(lactic acid); in primary forms exports soared to $2.7M in 2022. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 684% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Poly(Lactic Acid); in Primary Forms in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | 132 | 158 | 318 | 2,236 | 156.8% |
Sri Lanka | 72.4 | 67.1 | 64.8 | 456 | 84.7% |
China | N/A | 1,411 | 148 | N/A | -89.5% |
Others | 28.2 | 183 | 122 | 43.5 | 15.5% |
Total | 232 | 1,819 | 653 | 2,735 | 127.6% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from India in 2022:
- Bangladesh (786.7 tons)
- Sri Lanka (110.4 tons)
This report provides an in-depth analysis of the market for polyesters in primary forms in India.
This report provides an in-depth analysis of the polycarbonate market in India.
This report provides an in-depth analysis of the market for polyethylene terephthalate and other polyethylene terephthalate in primary forms in India.
This report provides an in-depth analysis of the alkyd resins market in India.
This report provides an in-depth analysis of the epoxide resin market in India.
This report provides an in-depth analysis of the polyacetals market in India.
This report provides an in-depth analysis of the market for polyethylene glycol and polyether in India.
This report provides an in-depth analysis of the market for unsaturated polyesters in primary forms in India.
This report provides an in-depth analysis of the global market for polyesters in primary forms.
This report provides an in-depth analysis of the global polycarbonate market.
In February 2023, the growth pace of Epoxide Resin imports was the most rapid, as they increased by 20% month-to-month. In terms of value, Epoxide Resin imports experienced a notable contraction to $15M in July 2023.
In September 2022, the polyacetals price stood at $2,610 per ton (CIF, India), with an increase of 3.3% against the previous month.
Explore the top import markets for polyesters in primary forms and their key statistics. Find out which countries lead the global import market for polyesters and understand the factors driving their demand.
Discover the latest trends in the global polycarbonates market as demand for primary forms continues to rise. Market performance is projected to accelerate with an expected CAGR of +3.2% from 2023 to 2030, reaching 7.9M tons by the end of the period.
Discover the top import markets for polycarbonate, including China, Mexico, Germany, India, and Hong Kong SAR. Explore their import values and understand the dynamics of the global polycarbonate market.
In 2016, the amount of polycarbonate imported worldwide stood at X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over ...
In 2016, the amount of polycarbonate imported worldwide stood at X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over ...
Explore the top import markets for epoxide resin around the world, including key statistics and insights. Learn about the leading countries driving the growth of the global epoxide resin market.
In value terms, epoxides, epoxyalcohols, epoxyphenols and epoxyethers imports stood at $X in 2016. In general, epoxides, epoxyalcohols, epoxyphenols and epoxyethers imports continue to indicate a p...
In value terms, epoxides, epoxyalcohols, epoxyphenols and epoxyethers exports amounted to $X in 2016. Overall, epoxides, epoxyalcohols, epoxyphenols and epoxyethers exports continue to indicate a m...