India Cyclic Hydrocarbons HS2902 Import Data 2025 January Overview

India Cyclic Hydrocarbons (HS 2902) 2025 January Import: Key Takeaways

India's Cyclic Hydrocarbons imports under HS Code 2902 in January 2025 reveal a market split between high-value Middle Eastern suppliers like Kuwait (23.95% value share) and cost-driven East Asian bulk shipments, demanding a dual sourcing strategy. The data shows stark geographic concentration, with oil-rich nations dominating premium grades while manufacturing hubs supply volume. This analysis covers January 2025 and is based on cleanly processed Customs data from the yTrade database.

India Cyclic Hydrocarbons (HS 2902) 2025 January Import Background

What is HS Code 2902?

HS Code 2902 classifies cyclic hydrocarbons, including cyclanes, cyclenes, and cycloterpenes, which are essential chemical intermediates. These compounds are widely used in pharmaceuticals, agrochemicals, and polymer production, driving consistent global demand due to their industrial versatility. India’s reliance on imports under this code reflects its growing chemical manufacturing sector and feedstock requirements.

Current Context and Strategic Position

India’s import duties for cyclic hydrocarbons (HS Code 2902) remain at 2.5% basic customs duty, with an 18% IGST and 10% social welfare surcharge [Cybex]. This tariff structure, unchanged since 2019, underscores the strategic importance of these chemicals for domestic industries. As India’s Cyclic Hydrocarbons HS Code 2902 Import activity in January 2025 unfolds, monitoring supply chains and policy shifts is critical to mitigate cost pressures and ensure feedstock stability.

India Cyclic Hydrocarbons (HS 2902) 2025 January Import: Trend Summary

Key Observations

India's import of Cyclic Hydrocarbons under HS Code 2902 in January 2025 reached a value of 682.63 million USD, indicating a strong start to the year for this chemical sector.

Price and Volume Dynamics

The import value for January 2025 reflects steady demand, typical for cyclic hydrocarbons used in industrial applications like manufacturing and chemicals, where early-year stock replenishment often drives consistent flows. Without specific volume data, the focus remains on value stability, suggesting aligned industrial production cycles rather than sharp fluctuations.

External Context and Outlook

Stable customs duties, such as the 2.5% basic rate for HS Code 2902 as noted by [Seair], support predictable import costs, reinforcing the steady trend observed. This policy environment, combined with ongoing industrial demand, points to continued resilience in India's Cyclic Hydrocarbons HS Code 2902 Import through 2025.

India Cyclic Hydrocarbons (HS 2902) 2025 January Import: HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, India's Cyclic Hydrocarbons HS Code 2902 Import in January 2025 is heavily concentrated on Styrene (29025000), which accounts for 44 percent of the total import value but only 13 percent of the quantity, indicating a high unit price and specialization in this product. This disparity shows that Styrene is a premium, high-grade chemical within the import mix.

Value-Chain Structure and Grade Analysis

The import structure for India Cyclic Hydrocarbons HS Code 2902 in January 2025 divides into two main groups: high-value specific chemicals like p-xylene and o-xylene, which have elevated unit prices due to their purity and application in petrochemicals, and lower-value general or mixed hydrocarbons such as other cyclic hydrocarbons under "n.e.c." codes, which are traded in larger volumes but at lower prices. This variation suggests a market for differentiated manufactured goods rather than fungible bulk commodities, with clear grade-based pricing.

Strategic Implication and Pricing Power

Suppliers of high-value cyclic hydrocarbons like Styrene and p-xylene hold significant pricing power, while Indian importers may need to focus on securing reliable sources for these specialized products to manage costs. The low basic customs duty of 2.5 percent, as reported by [Seair], supports competitive import strategies for these items in the 2025 market.

Check Detailed HS 2902 Breakdown

India Cyclic Hydrocarbons (HS 2902) 2025 January Import: Market Concentration

Geographic Concentration and Dominant Role

In January 2025, India's import of Cyclic Hydrocarbons under HS Code 2902 was heavily concentrated, with Kuwait leading as the dominant supplier by value, accounting for 23.95% of total import value despite a low 0.94% share in quantity. This disparity between high value ratio and low quantity ratio suggests Kuwait provides higher-grade or more processed cyclic hydrocarbons, typical for commodity chemicals where unit price differences reflect product quality. South Korea and China Mainland show opposite patterns, with high quantity shares but lower value ratios, indicating bulk, lower-cost imports.

Partner Countries Clusters and Underlying Causes

The top suppliers form two main clusters: first, Middle Eastern nations like Kuwait, Saudi Arabia, and Oman, which leverage their oil-rich economies to export high-value cyclic hydrocarbons efficiently. Second, East Asian countries including South Korea, Singapore, and China Mainland, which serve as manufacturing hubs offering large volumes at competitive prices, likely due to advanced chemical industries and trade logistics. The United States and Taiwan represent a smaller cluster with balanced trade, possibly due to specialized products or existing trade ties.

Forward Strategy and Supply Chain Implications

For Indian importers, this geographic spread advises a dual strategy: source high-quality cyclic hydrocarbons from Middle Eastern partners for premium applications, and tap into East Asian clusters for cost-effective bulk supplies to minimize risks. Diversifying across these clusters can buffer against price volatility and supply disruptions, essential for stable chemical sourcing in 2025. [Seair] notes customs duties around 2.5%, reinforcing cost considerations in supplier selection.

Table: India Cyclic Hydrocarbons (HS 2902) Top Partner Countries (Source: yTrade)

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India Cyclic Hydrocarbons (HS 2902) 2025 January Import: Action Plan for Cyclic Hydrocarbons Market Expansion

Strategic Supply Chain Overview

India Cyclic Hydrocarbons Import 2025 January under HS Code 2902 is a market defined by grade-based pricing and concentrated trade flows. Price is driven by product purity and application, not bulk commodity indexes. High-value items like Styrene and p-xylene command premium prices due to specialized petrochemical uses. Lower-grade mixed hydrocarbons trade in volume at lower costs.

Supply chain implications are clear. India depends on two key supplier clusters: high-quality producers in the Middle East and high-volume exporters in East Asia. Major domestic buyers are few but dominant, purchasing frequently in large volumes. This creates reliance on stable relationships with both key suppliers and key clients. Supply security and cost control require managing this dual dependency.

Action Plan: Data-Driven Steps for Cyclic Hydrocarbons Market Execution

• Compare unit prices by supplier country using trade data. This identifies the best-value sources for each product grade and reduces procurement costs.
• Analyze buyer purchase frequency and volume patterns. This helps predict demand cycles and align inventory to avoid overstock or shortages.
• Diversify sourcing across both Middle Eastern and East Asian clusters. This mitigates risk from geopolitical disruption or price spikes in a single region.
• Negotiate directly with high-volume frequent buyers using import data insights. This secures long-term contracts and ensures stable offtake for your products.

Disclaimer: The analysis is based on yTrade data estimates and general trade patterns. It does not constitute financial or legal advice. Market conditions can change rapidly. Always verify with real-time data and professional counsel before making decisions.

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Frequently Asked Questions

Q1. What is driving the recent changes in India Cyclic Hydrocarbons Import 2025 January?

India's Cyclic Hydrocarbons imports in January 2025 show steady demand, driven by industrial stock replenishment and stable customs duties (2.5%), with high-value products like Styrene dominating the import mix.

Q2. Who are the main partner countries in this India Cyclic Hydrocarbons Import 2025 January?

Kuwait leads with 23.95% of import value, followed by South Korea and China Mainland, which supply bulk volumes at lower costs. Middle Eastern and East Asian clusters dominate the supply network.

Q3. Why does the unit price differ across India Cyclic Hydrocarbons Import 2025 January partner countries?

The price gap stems from product specialization—Kuwait supplies high-grade chemicals like Styrene (44% of value), while East Asian partners focus on bulk, lower-cost cyclic hydrocarbons.

Q4. What should importers in India focus on when buying Cyclic Hydrocarbons?

Importers should prioritize securing high-value products from Middle Eastern suppliers (e.g., Kuwait) while diversifying with cost-effective bulk options from East Asia to mitigate supply risks.

Q5. What does this India Cyclic Hydrocarbons import pattern mean for overseas suppliers?

Suppliers of premium products (e.g., Kuwait) hold pricing power, while bulk exporters (e.g., China) benefit from consistent demand. Both must align with India’s dual strategy of quality and cost efficiency.

Q6. How is Cyclic Hydrocarbons typically used in this trade flow?

These chemicals are primarily used in petrochemical manufacturing and industrial applications, where high-grade variants serve specialized processes and bulk supplies support routine production.