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DGFT - Highlights / Catch Notes

Home Highlights January 2025 Year 2025 This

Based on the trade data provided, chemical and related products ...


Chemical Industry Trade Data Shows 20-25% Decline Across Products, With Raw Materials Hit Hardest By Market Weakness.

January 23, 2025

Circulars     DGFT

Based on the trade data provided, chemical and related products experienced significant value declines across multiple categories in the reporting period. Key manufactured goods like polymers, organic chemicals, and pharmaceutical ingredients saw reductions between 15-35%. Raw material commodities including minerals and basic chemicals showed steeper declines of 30-50%. Overall trade volumes decreased by approximately 20-25% year-over-year, with industrial chemicals and intermediates being particularly impacted. The data suggests broader weakness in global chemical manufacturing and industrial activity during this timeframe.

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