Acetylene Price in India

 

India: 3838 USD/MT

 

In the final quarter of 2023, acetylene prices in India dropped to 3838 USD/MT by December. This decline was driven by reduced demand from the polyvinyl chloride (PVC) industry, along with product stockpiling in the domestic market.

The latest report by IMARC Group, titled "Acetylene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of acetylene prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Acetylene Prices December 2023:

  • India: 3838 USD/MT (Dissolved Acetylene Gas)

 

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The study delves into the factors affecting acetylene price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report:  https://www.imarcgroup.com/acetylene-pricing-report/requestsample

Acetylene Price Trend- Q4 2023

The market for acetylene, an essential ingredient in many industrial processes like welding, plastics, and chemicals, is influenced by a complex interplay of factors such as feedstock availability, downstream industry demand, and general economic conditions. A notable regional trend in the quarter ending December 2023 brought to light the susceptibility of the worldwide acetylene market to shifts in supply chain dynamics and industrial demand.

Acetylene Market Analysis

The global acetylene market size reached US$ 11.2 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 18.4 Billion, at a projected CAGR of 5.70% during 2023-2032.  Acetylene prices fell in North America as a result of a sharp drop in demand from the construction industry, which was made worse by inflationary pressures and a wider economic downturn. This was true even though the price of the main feedstock, calcium carbide, which stabilized later in the quarter, was very high. The abundance of supplies encouraged others to make cautious purchases, which further pushed prices lower. On the other hand, the market's receptiveness to seasonal trends and economic projections was demonstrated by the modest price recovery that occurred toward the end of the quarter due to expectations of a demand rebound in early 2024.

In the last quarter of 2023, acetylene prices were notably influenced by several key factors across different regions, painting a complex picture of the market's dynamics. In North America, the significant downturn in demand from the construction industry played a pivotal role. This sector, traditionally a robust consumer of acetylene, encountered a slowdown due to inflationary challenges and seasonal adjustments, leading to decreased acetylene consumption. The softened demand scenario was slightly mitigated by the stabilization of calcium carbide prices, which had been a concern for producers in terms of cost pressures. This stabilization, alongside adequate acetylene inventories and a generalized economic deceleration, fostered an environment of cautious procurement practices among buyers. The nuanced regional price differences, with the Northeast and Midwest experiencing marginally higher prices than the South and West, further illustrated the localized impacts of these factors. The market's outlook remained cautiously optimistic, with expectations hinging on the rebound in demand, stabilization of feedstock costs, and overall economic health.

Demand in the downstream polyvinyl chloride (PVC) sectors declined in APAC, and the price of calcium carbide, a crucial feedstock, was expected to rise. The pressure on acetylene prices was increased by this scenario, which was made worse by fluctuations in freight rates and volatility in global trade. Particularly in India, prices dropped sharply as a result of a build-up of acetylene inventories and a decline in PVC industry inquiries, creating an oversupply situation. Conversely, Europe's market faced rising feedstock costs and disruptions to the global supply chain in addition to consistent industrial demand and varying construction-related usage. Energy prices and economic confidence were negatively impacted by geopolitical concerns, particularly the situation in Ukraine, which further complicated the European market environment. These regional differences highlight the variety of factors that affect acetylene prices, from changes in demand and feedstock availability to more general economic and geopolitical developments.

Browse Full Report: https://www.imarcgroup.com/acetylene-pricing-report

Key Points Covered in the Acetylene Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

  • Acetylene Prices
  • Acetylene Price Demand
  • Acetylene Demand & Supply
  • Acetylene Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Acetylene Price Analysis
  • Acetylene Industry Drivers, Restraints, and Opportunities
  • Acetylene News and Recent developments
  • Global Event Analysis
  • List of Key Players

 

Regional Price Analysis:

  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

 

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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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