World - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
Cyclic Hydrocarbon Market - Korea Surpasses Japan as the Top Global Supplier of Cyclic Hydrocarbons
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The global trade in cyclic hydrocarbons fluctuated strongly over the period under review. A significant drop in 2009 was followed by a robust recovery over the next four years, until exports decreased again. Exports ended on a decline in 2015, amounting to 39,342 million USD.
According to IndexBox estimates, the Republic of Korea surpassed Japan as the dominant exporter of cyclic hydrocarbons. In 2015, cyclic hydrocarbon exports from the Republic of Korea totaled 8,321 million USD, which accounted for a 21% share in terms of global exports. Japan, USA, the Netherlands, and Singapore were the other key global suppliers on the cyclic hydrocarbon market in 2015, with a 39% combined share of global exports.
The Republic of Korea (+4.5% per year) and Singapore (+0.4% per year) were the only exporters of cyclic hydrocarbons that showed a positive CAGR from 2007 to 2015. The Republic of Korea significantly strengthened its position in the global cyclic hydrocarbon export structure, growing its share from 14% in 2007 to 21% in 2015.
China (44.5%, based on value terms), USA (7.4%), Belgium (6.7%), India (4.4%), and the Republic of Korea (4.3%) were the leading destinations of cyclic hydrocarbon imports in 2015. Imports to China grew at a quick pace of +5.1% per year from 2007 to 2015. By contrast, Belgium contracted its imports of cyclic hydrocarbons over the same period. China's share in terms of global imports increased significantly (+15 percentage points), while the share of Belgium illustrated negative dynamics (-2 percentage points).
Do you want to know more about the global cyclic hydrocarbon market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- cyclic hydrocarbon market share
- cyclic hydrocarbon prices
- cyclic hydrocarbon industry
- cyclic hydrocarbon sales
- cyclic hydrocarbon market forecast
- cyclic hydrocarbon price forecast
- key cyclic hydrocarbon producers
Source: IndexBox AI 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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