Hydrogen Peroxide Price in India Reaches $343 per Ton in June 2023

Hydrogen Peroxide Price in India Reaches $343 per Ton in June 2023

In June 2023, the price of hydrogen peroxide in India stood at $343 per ton, marking an 8.5% decrease compared to the previous month. The import price experienced a sharp decline during the review period, with the most substantial growth rate occurring in October 2022, showing a 37% increase from the previous month. Although the import price reached its peak at $634 per ton in June 2022, it remained somewhat lower from July 2022 to June 2023. Notably, the prices varied by the country of origin, with Thailand having the highest price at $593 per ton and Bangladesh at $315 per ton. Bangladesh showed the most significant rate of growth in terms of prices, with a decrease of 1.1% from June 2022 to June 2023. Import volume of hydrogen peroxide into India decreased by 8.9%, reaching 3.3K tons in June 2023. However, imports experienced significant expansion over the review period, with the highest growth rate occurring in July 2022, showing a 1,076% increase from the previous month. In terms of value, hydrogen peroxide imports sharply declined to $1.1M in June 2023, but overall, imports demonstrated prominent growth, especially in July 2022 with a 594% increase. Bangladesh was the main supplier of hydrogen peroxide to India, accounting for a 99% share of total imports in June 2023, followed by Thailand with a 0.7% share. The average monthly rate of growth in volume from Bangladesh was 31.7% from June 2022 to June 2023. In terms of value, Bangladesh constituted 90% of total imports, while Thailand held a 1.2% share. The average monthly rate of growth in value from Bangladesh during the aforementioned period amounted to 30.3%.

Source: IndexBox Market Intelligence Platform

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