
World - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
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Average Cyclic Hydrocarbon Export Price Reach Lowest Level in Decade
IndexBox has just published a new report: 'World - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
Global Cyclic Hydrocarbon Exports
In 2020, shipments abroad of cyclic hydrocarbons decreased by -4.7% y/y to 45M tonnes. In value terms, supplies amounted to $27.8B (IndexBox estimates).
South Korea (9.7M tonnes), distantly followed by India (4.7M tonnes), the U.S. (4.4M tonnes), Japan (3.9M tonnes), the Netherlands (3.1M tonnes), Saudi Arabia (2.7M tonnes), and Singapore (2.4M tonnes) were the largest exporters of cyclic hydrocarbons, together generating 68% of total exports. Taiwan (Chinese) (1.9M tonnes), Germany (1.6M tonnes), Thailand (1.6M tonnes), Brunei Darussalam (1.4M tonnes), Belgium (1.2M tonnes) and Malaysia (0.8M tonnes) followed a long way behind the leaders.
In value terms, the largest cyclic hydrocarbons supplying countries worldwide were South Korea ($5.4B), the U.S. ($2.8B) and India ($2.8B), with a combined 40% share of global exports. These countries were followed by Japan, the Netherlands, Saudi Arabia, Singapore, Germany, Taiwan (Chinese), Thailand, Brunei Darussalam, Belgium and Malaysia, which together accounted for a further 48%.
Among the main exporting countries, Brunei Darussalam saw the highest growth rate. Its value of exports rose threefold in 2020, while shipments for the other global leaders experienced mixed trends in the exports figures.
The average cyclic hydrocarbons export price decreased from $1,119 per tonne in 2010 to $615 per tonne in 2020. Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Germany ($787 per tonne) and Belgium ($681 per tonne), while Malaysia ($534 per tonne) and South Korea ($557 per tonne) were amongst the lowest. From 2010 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other global leaders experienced a decline in the export price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the global cyclic hydrocarbons market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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