India Cyclic Hydrocarbons HS2902 Import Data 2025 July Overview

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

India's Cyclic Hydrocarbons (HS Code 2902) imports in July 2025 were dominated by bulk, commodity-grade shipments from Kuwait, which supplied 25.79% of the value at a lower unit price of 2.32 USD/kg, reflecting its role as a key raw material hub. The market shows a clear split between low-cost bulk suppliers like Kuwait and high-value refined product exporters such as Saudi Arabia and South Korea. Importers should balance long-term contracts with bulk suppliers for stability while diversifying sources to mitigate geopolitical risks in the Middle East. This analysis is based on cleanly processed Customs data from the yTrade database for July 2025.

India Cyclic Hydrocarbons (HS 2902) 2025 July Import Background

What is HS Code 2902?

HS Code 2902 covers cyclic hydrocarbons, including cyclanes, cyclenes, and cycloterpenes such as cyclohexane, benzene, toluene, and xylene. These chemicals are critical feedstocks for industries like pharmaceuticals, plastics, and petrochemicals, driving steady global demand due to their versatility in manufacturing processes. India’s reliance on imports under this code reflects its growing industrial base and need for these foundational chemicals.

Current Context and Strategic Position

India’s July 2025 imports of cyclic hydrocarbons (HS Code 2902) face a 2.5% basic customs duty, 18% IGST, and a 10% social welfare surcharge on the duty [Seair]. These rates remain unchanged, ensuring stable trade conditions. India’s strategic position as a major importer highlights its dependence on these chemicals for domestic production, necessitating close monitoring of supply chains and tariff policies to mitigate cost pressures. Vigilance is key for stakeholders navigating the India cyclic hydrocarbons HS Code 2902 import 2025 July landscape.

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

Key Observations

In July 2025, India's import of Cyclic Hydrocarbons under HS Code 2902 totaled 544.71 million USD in value and 196.56 million kg in volume, reflecting a continued downward trend from earlier in the year.

Price and Volume Dynamics

The import value and volume declined by approximately 3.2% each from June 2025, extending a sequential drop since April's peak. This pattern aligns with typical mid-year seasonal slowdowns in the petrochemical sector, where reduced industrial activity and inventory drawdowns often lead to lower import volumes. The gradual decrease suggests a market-driven adjustment rather than abrupt shifts, with Q2 averages (value around 626.54 million USD, volume around 225.31 million kg) highlighting the softening momentum into July.

External Context and Outlook

The stable import policy, with a consistent 2.5% basic customs duty, 18% IGST, and 10% social welfare surcharge as reported by Seair, has not introduced volatility, indicating that the decline is likely due to demand-side factors like global price fluctuations or domestic economic cycles. With no policy changes anticipated, India Cyclic Hydrocarbons HS Code 2902 Import 2025 July trends may stabilize or recover later in the year if industrial demand rebounds, supported by steady tariff conditions (Seair).

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

Product Specialization and Concentration

According to yTrade data, the India Cyclic Hydrocarbons HS Code 2902 Import for 2025 July is heavily concentrated in Styrene, which holds a 45% value share at a unit price of 3.24 USD per kilogram. An extreme price anomaly exists in sub-code 29029030, with a unit price of 300.29 USD per kilogram, and this is isolated from the main analysis due to its outlier nature.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two main groups: high-value specialties like Styrene and o-Xylene with unit prices above 3 USD per kg, and bulk intermediates such as Toluene, p-Xylene, and Cumene with prices around 1.77 to 3.22 USD per kg. This structure indicates a trade in both differentiated manufactured goods and fungible bulk commodities, with the latter driven by volume and the former by specific chemical properties.

Strategic Implication and Pricing Power

For India's Cyclic Hydrocarbons import market in July 2025, suppliers of high-value specialties like Styrene likely hold stronger pricing power due to their specialized demand, while bulk product importers face more competition on cost. The low basic customs duty of 2.5% on these imports, as noted in [Seair], encourages competitive sourcing but emphasizes the need for strategic focus on premium grades to maintain margins.

Check Detailed HS 2902 Breakdown

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

Geographic Concentration and Dominant Role

In July 2025, India's import of Cyclic Hydrocarbons under HS Code 2902 was heavily concentrated, with Kuwait as the dominant supplier by value at 25.79% share. Kuwait's value ratio of 25.79 is lower than its weight ratio of 30.86, indicating a lower unit price of approximately 2.32 USD per kg, which points to bulk, commodity-grade imports typical for raw hydrocarbons.

Partner Countries Clusters and Underlying Causes

The supplier countries form two clear clusters based on unit price disparities. First, bulk suppliers like Kuwait, Singapore, and Oman show value ratios below weight ratios, suggesting lower-cost, large-volume shipments of basic cyclic hydrocarbons, often linked to their roles as oil-producing nations with abundant raw materials. Second, high-value suppliers such as Saudi Arabia, South Korea, and the United States have value ratios exceeding weight ratios, implying higher unit prices for possibly refined or specialty products, driven by advanced processing capabilities or strategic trade partnerships.

Forward Strategy and Supply Chain Implications

For importers, diversifying sources away from high-concentration regions like the Middle East can reduce geopolitical supply risks, while leveraging low import duties around 2.5% as noted by [Seair] helps maintain cost efficiency. Given the commodity nature of Cyclic Hydrocarbons, prioritizing long-term contracts with reliable bulk suppliers ensures stable supply chains, but balancing with high-quality sources is key for specific industrial needs.

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

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

Strategic Supply Chain Overview

The India Cyclic Hydrocarbons Import market for July 2025 under HS Code 2902 operates as a dual-structure trade. Price is primarily driven by product grade. High-value specialties like Styrene command premiums above 3 USD/kg. Bulk commodities like Toluene trade near 1.77 USD/kg. Geopolitical factors and oil producer roles also influence cost.

This creates clear supply chain implications. India depends heavily on bulk shipments from the Middle East. This creates concentration risk. The market is also dominated by a small group of high-volume buyers. Suppliers must balance bulk contracts with niche specialty sales. Low import duties support volume but increase competition.

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

• Target the top buyer cluster first. Use shipment value and frequency data to identify the core importers driving 75% of value. Secure long-term contracts with them to capture volume and ensure stable demand.
• Diversify sourcing away from high-risk regions. Analyze supplier country data to reduce over-reliance on Middle Eastern partners. Develop alternative supply chains from South Korea or the US for specialty grades to mitigate geopolitical disruptions.
• Optimize product mix using HS code analytics. Track sub-code unit prices like 29029030 anomalies and high-value Styrene. Shift sales focus toward specialties with higher margins to improve profitability beyond bulk trading.
• Align inventory with buyer purchase cycles. Monitor order frequency patterns to anticipate demand from small-volume buyers. Adjust stock levels to avoid overstocking commodity items while meeting spot market needs.

Take Action Now —— Explore India Cyclic Hydrocarbons Import Data

Frequently Asked Questions

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

The decline in import value and volume by 3.2% from June 2025 reflects a seasonal slowdown in petrochemical demand, with softening industrial activity and inventory adjustments. Stable tariff policies suggest the trend is demand-driven rather than policy-induced.

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

Kuwait dominates with a 25.79% value share, followed by Saudi Arabia, South Korea, and the U.S., which form high-value clusters. Singapore and Oman are key bulk suppliers with lower unit prices.

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

Price disparities stem from product specialization: bulk suppliers like Kuwait ship commodity-grade hydrocarbons (~2.32 USD/kg), while high-value partners like South Korea export refined/specialty products (e.g., Styrene at 3.24 USD/kg).

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

Importers must prioritize relationships with dominant high-volume buyers (75% of trade value) while diversifying sources to mitigate Middle East supply risks. Balancing bulk purchases with premium-grade specialties like Styrene optimizes cost and quality.

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

Suppliers of high-value specialties (e.g., Styrene) hold pricing power due to niche demand, while bulk exporters face cost competition. The concentrated buyer base rewards reliability but increases exposure to demand shifts from major Indian importers.

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

The imports serve dual roles: bulk commodities (e.g., Toluene) for industrial feedstock and high-value specialties (e.g., o-Xylene) for differentiated manufacturing, reflecting India’s demand for both volume and specialized chemical properties.