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.
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Acetylene Price Trend- Q4 2023
The acetylene market is primarily driven by its extensive application across various industries such as welding and metal fabrication, chemical manufacturing, and the production of plastics and synthetic rubber. Acetylene is a key feedstock in the synthesis of several organic chemicals, including acetic acid and acetaldehyde, which are essential in numerous industrial processes. The growing demand for acetylene in the automotive and construction sectors, where it is used for oxy-acetylene welding and cutting, is also propelling market growth. Additionally, the increased focus on infrastructure development and industrialization in emerging economies is significantly boosting the demand for acetylene. Technological advancements in acetylene production methods, such as the development of more efficient and environmentally friendly processes, are further enhancing market prospects. Moreover, the use of acetylene in the production of specialty chemicals and pharmaceuticals is expanding its market scope.
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. During Q1 2024, the pricing dynamics of US Acetylene derived from Calcium Carbide showcased a mixed trend in the North American region. Prices experienced an initial uptick in January and February, buoyed by heightened demand from downstream industries like PVC and steel, particularly in construction. The construction surge, bolstered by governmental investments and regulatory streamlining, drove the need for Calcium Carbide. Supply constraints and escalating coke prices, a key feedstock, compounded production expenses, further elevating prices. Besides, in Q1 2024, the pricing environment for acetylene in the Asia Pacific region was characterized by various factors that influenced market prices. One significant factor was the decrease in crude oil prices, which led to a reduction in production costs. However, the prices of feedstock calcium carbide increased during this period, offsetting some of the cost savings. Additionally, weak demand from downstream industries, particularly in the automobile sector, contributed to the overall decline in acetylene prices. Moreover, in Q1 2024, Europe's acetylene market, derived from Calcium Carbide, depicted a mixed sentiment, characterized by both positive and negative trends. Germany, in particular, witnessed significant price fluctuations during this period. The surge in demand from the steel and pharmaceutical sectors propelled price increments in January and February. Increased steel sales in Germany intensified competition for crucial raw materials like Calcium Carbide.
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 Trend
- 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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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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