Marketing research of the fuel oil market in India
The relevance of research
Fuel oil is a useful waste that appears after processing processes with petroleum products, as it is used and used in many enterprises and fuel industries
Purpose of the study
Analysis of the state of the fuel oil market in India, assessment of the market size, analysis of competitors, as well as identification of factors affecting the market of fuel oil
Content
Part 1. Overview of the Indian fuel oil market
1.1. Main characteristics of the market
1.2. Dynamics of fuel oil market volume 2016-2020 Potential market capacity
1.3. Assessment of factors affecting the market
1.4. The stage of the life cycle of the fuel oil market
1.5. Competition from substitute products
Part 2. Competitive analysis in the fuel oil market
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of fuel oil production
3.1. Volume and dynamics of domestic fuel oil production
3.2. Export share in fuel oil production
3.3. Segmentation of fuel oil production by regions
3.3.1. Production by Union Territories
3.3.2. Production by states of India
Part 4. Analysis of foreign trade deliveries of fuel oil
4.1. Volume and dynamics of fuel oil imports
4.2. Import structure
4.3. The volume and dynamics of fuel oil exports
4.4. Export structure
Part 5. Analysis of fuel oil consumption
5.1. Fuel oil consumption dynamics
5.2. Analysis of the results of tenders for the purchase
Part 6. Price Analysis
6.1. Average producer prices by union territories
6.2. Average consumer prices by states in India
Part 7. Assessment of factors of investment attractiveness of the market
Part 8. Forecast for the development of the fuel oil market until 2025
Part 9. Recommendations and conclusions
Research excerpt
Part 1. Overview of the Indian fuel oil market
1.1. Main characteristics of the market
Fuel oil is a mixture of hydrocarbons (with a molecular weight of 400 to 1000 aem), petroleum resins (with a molecular weight of 500 - 3000 aem and more), asphaltenes, …
""Fuel oil"" is obtained at oil refineries, or in the process ...
""Fuel oil for open-hearth furnaces"" is a fuel for open-hearth furnaces, it gives a brightly glowing ...
...
Fuel oil is actually a waste that appears after the extraction of all the most useful from oil (gasoline, kerosene, gas-oil components). But, nevertheless, this dark brown substance is ...
There are also different varieties, the most common M 40 and M 100, each of them has its own ...
Popular brands of fuel oil: ...
When choosing this type of fuel, you need to pay attention to ...
The functional purpose and use of fuel oil of various grades, including for the purpose of consumption, by preliminary determination can ...
...
Indian oil refineries sell about …% of produced fuel oil on the domestic market, shipping …
As can be seen in Diagram 1, the Indian fuel oil market is represented by the products of … manufacturers …%. The main production is located in ... in ... the federal district. However, in connection with ..., a strategy has been developed to increase ...
Diagram 1 shows that the share of imports is …: the maximum figure is …% in 2020 …
1.2. Dynamics of fuel oil market volume 2016-2020 Potential market capacity
Let's look at dynamics...
The volume … in physical terms during the period under study … and in general has … a development trend, with the exception of …% with further growth in … by …% by 2018 (actually …) and growth in 2020. on the …%. The maximum value of the market volume was reached in … and amounts to … thousand tons, the minimum value is ... The main drivers of fuel oil market growth in 2019-2020. steel increase ... The decrease in market volume in ... y. is also associated with a change in the value of ...
The dynamics of the volume of the fuel oil market in recent years is quite …, but if we take into account such factors as the program … and other market factors, the market potential can be estimated … – about … thousand tons.
Diagram 3. Revenue (net) from the sale of fuel oil in the union territories for 2016-2020, %
... the largest share during the study period remains with the ... federal district ...%, since in this federal district there are ... In the study period, the share of revenue from sales in ... federal districts tends to ..., since the production of fuel oil ... In ... the federal district the share of revenue increases from …% in 2016 to …% in 2019-2020. This is due to the development of new ...
1.3. Assessment of factors affecting the market
...
Economic forces:
Dollar Exchange Rate and Inflation Rate – Changes in the exchange rate of the US dollar against the rupee and the inflation rate in India have…
Oil price – changes in world oil prices also affect the performance of market operators.
...
Political factors:
...
Technological factors:
...
Social factors:
...
Table 2. STEP analysis of factors influencing the fuel oil market
Based on the results of the analysis of the factors affecting the Indian fuel oil market, there is a prevailing ... influence of the main number of factors on the market, and, accordingly, on demand.
Significant limiting factors include…
The following economic and political factors have a stimulating effect on the analyzed market: ...
1.4. The stage of the life cycle of the fuel oil market
...
1.5. Competition from substitute products
According to experts and representatives of fuel oil consuming enterprises, …
Enterprises located in the regions of the Far North and areas equivalent to them are the main ...
...
For shipowners, an alternative to high sulfur fuel oil can be ... Another option is to install ...
Part 2. Competitive analysis in the fuel oil market
2.1. Major players in the market
As of 01.01.2021/ / . oil and gas condensate (petroleum raw materials) were produced in India by ... organizations that have licenses for the right to use subsoil. Including:
...
In the field of oil refining at the moment there are:
...
… small processing enterprise…
... fuel oil in the territory of India are: groups of persons ..., PJSC ""..."", PJSC ""..."", ...
2.2. Market shares of the largest competitors
Diagram 4. Shares of the largest competitors in the fuel oil market in 2020
…% is PJSC “…”, with a share of …% in the second position of PJSC “…”. The third position with a share of …% belongs to PJSC “…”.
2.3. Profiles of major players
...
Part 3. Analysis of fuel oil production
3.1. Volume and dynamics of domestic fuel oil production
Diagram 5. Dynamics of fuel oil production in India for 2016-2020
According to …, the volume of fuel oil production in India in 2020 amounted to … thousand tons with … growth rate compared to 2019 in …%.
The dynamics of fuel oil production at Indian oil refining facilities maintains a steady trend of recent years towards … At the end of 2019, the volume is … thousand tons, which is lower than the same indicator last year by … thousand tons. (…%). At the same time, the most significant reduction in the production of fuel oil …
For the period 2016-2020 volumes of fuel oil production in India …%, …
Further, a detailed examination of the indicators for imports and exports shows that the volume of exports in production of … is about …%, but tends to …
The TOP 5 Indian fuel oil producers include groups of individuals …
Diagram 6 shows the dynamics of the total revenue of the largest manufacturers for all types of activities of these enterprises. For all enterprises from the TOP-5, the production of fuel oil is an additional type of activity, since fuel oil is ... The maximum level of revenue falls on 2019 and amounts to ... billion Rs. with an increase by …% by 2019. In 2020, the revenue of TOP-5 enterprises …
In general, the profit dynamics of TOP-5 fuel oil producers can be estimated as …
3.2. Export share in fuel oil production
Diagram 7. The share of exports in production for 2016-2020
The share of exports in the production of fuel oil in India in 2016-2019 enough …%. In 2020, the share of exports reaches …%. … the share of exports with an annual decline in fuel oil production suggests that producers are the first to close …
3.3. Segmentation of fuel oil production by regions
Consider the segmentation of fuel oil production by region in India.
3.3.1. Production by Union Territories
This table includes data on the Indian production of fuel oil. … reflects the general dynamics of production in India as a whole.
In terms of production of this type of product, the leader is ... the federal district, since in this federal district there are ... In the study period, production volumes in all federal districts, with the exception of ..., tend to ...
3.3.2. Production by states of India
The production facilities of the main fuel oil producers are located in many states of India:
...
Part 4. Analysis of foreign trade deliveries of fuel oil
4.1. Volume and dynamics of fuel oil imports
...
4.2. Import structure
Table 6. Structure of fuel oil imports by importing countries in 2020
In the structure of fuel oil imports by country, the leader is … with a share of …% of the total volume of imports into the country, followed by …
As mentioned earlier, the share of imports in the Indian fuel oil market is …%.
4.3. The volume and dynamics of fuel oil exports
During 2016-2020 the volume of fuel oil export from India shows … a trend with an average annual negative …%. The decrease in export volumes, both in kind and in monetary terms, is associated with a decrease in …
The maximum value of the volume of exports in physical terms falls on 2016 and amounted to … thousand tons in physical terms, while the volume of exports in monetary terms in 2016 is close to … million dollars in monetary terms. The minimum value of fuel oil exports, both in physical and monetary terms, falls on 2020. In general, exports in 2020 in physical terms decreased compared to the same indicator in 2016 by …%. GidMarket analysts believe that in the coming years, fuel oil exports ...
...
The difference between exports and imports - the trade balance - is the annual rate of consolidation of a country's foreign trade transactions.
...
Diagram 12. Balance of exports and imports
The volumes of imports of fuel oil to India are …, the share of exports in production is more than …%, respectively, the trade balance is ...
Export volumes decline with a decrease in ..., import volumes remain ... This suggests that production satisfies ...
4.4. Export structure
Exports of Indian-made fuel oil are carried out both to … countries and to … countries. In 2020, export deliveries were made to … countries.
The maximum volume of fuel oil in 2020 was purchased by India from …, the share in the total export amounted to …%. In second place is … with a share of …%, third place is occupied by …
Part 5. Analysis of fuel oil consumption
5.1. Fuel oil consumption dynamics
The dynamics of fuel oil consumption in the domestic market of India in the study period was calculated taking into account current prices, as well as their changes over the years. This calculation takes into account…
The dynamics of fuel oil consumption as a whole is ... and shows an average annual increase of ...%, with the exception of ..., when the increase to ... was ...%, the reasons for the decrease in consumption are associated with a decrease in volumes ... The maximum value of consumption is in 2020 - … thousand Rs., the maximum increase occurred in … relative to the previous year and amounted to …%.
Stable … dynamics is closely related to the positive dynamics of … For the fuel oil market, the main consumers are: …
5.2. Analysis of the results of tenders for the purchase
Table 7. Data on the 20 largest tenders for the purchase of fuel oil announced in 2020
In 2020, … tenders were held under Federal Law-44 for the purchase of fuel oil for a total amount of … billion Rs.
The maximum amount of the contract is … million Rs., the customer is …, the purpose of the contract is the supply of fuel oil during the first half of 2021 for the production of …
The main organizers of such tenders are organizations …
Suppliers under these contracts, as a rule, are manufacturers ...
Part 6. Price Analysis
6.1. Average producer prices by union territories
According to Rosstat, the producer price index in the production of petroleum products, including fuel oil, in 2020 amounted to …% of prices in 2019. Prices for 2020 were calculated based on …
The average price of fuel oil in all union territories in 2020 was ... rupees per ton, the maximum price - ... rupees - in the Far Eastern Federal District, where fuel oil is the most ... The minimum level is ... rupees per ton - in ... the federal district, where ...
6.2. Average consumer prices by states in India
The average retail price of a ton of fuel oil differs slightly from the producer's price, since fuel oil is most often purchased directly from refineries and amounts to ... rupees per ton. The minimum cost of a ton for all the presented regions is ... rupees per ton and is observed in ... regions, the highest price - ... rupees per ton - in ... regions. Slightly lower, but close to the maximum price in …
Part 7. Assessment of factors of investment attractiveness of the market
… factors of the investment climate of the fuel oil market dominate in assessing the investment climate. A comprehensive assessment of factors of investment unattractiveness is ... points - ... investment climate.
negative factors. …
The most significant positive factors. …
Part 8. Forecast for the development of the fuel oil market until 2025
We will analyze the market based on methods based on identifying trends over time, adjusted for expert opinion in the industry.
...
Part 9. Recommendations and conclusions
...
Diagrams
Diagram 1. The ratio of imported and domestic products in the fuel oil market, %
Diagram 2. Dynamics of fuel oil market volume, 2016-2020
Diagram 3. Revenue (net) from the sale of fuel oil in the union territories for 2016-2020, %
Figure 1. Life cycle stage of the fuel oil market in India
Diagram 4. Shares of the largest competitors in the fuel oil market in 2020
Diagram 5. Dynamics of fuel oil production in India for 2016-2020
Diagram 6. Dynamics of the total revenue of the largest producers (TOP-5) of fuel oil in India, 2016-2020
Diagram 7. The share of exports in production for 2016-2020
Diagram 8. Volume and dynamics of imports of fuel oil in physical terms
Diagram 9. Volume and dynamics of fuel oil imports in monetary terms
Diagram 10. Dynamics of fuel oil exports in physical terms
Diagram 11. Dynamics of fuel oil exports in monetary terms
Diagram 12. Balance of exports and imports
Chart 13. Structure of exports by country in 2020
Diagram 14. Dynamics of fuel oil consumption in monetary terms, 2016-2020
Diagram 15. Forecast of market size in 2021-2025
Tables
Table 1. Change in oil prices in 2019-2020
Table 2. STEP analysis of factors influencing the fuel oil market
Table 3. Main companies participating in the fuel oil market in 2020
Table 4. Profiles of companies participating in the fuel oil market in 2020
Table 5. Dynamics of fuel oil production in India by union territories
Table 6. Structure of fuel oil imports by importing countries in 2020
Table 7. Data on the 20 largest tenders for the purchase of fuel oil announced in 2020
Table 8. Average producer prices in the fuel oil market by Union Territories
Table 9. Average consumer prices in the fuel oil market by state of India
Table 10. Assessment of factors of investment attractiveness of the fuel oil market
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