
Asia - Phenolic Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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Phenolic Resins Market in Asia 2019 | Dow Inc., LyondellBasell Industries N.V., BASF SE, Exxon Mobil
IndexBox has just published a new report, the Asia - Phenolic Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights. Here is a summary of the report's key findings.
The revenue of the phenolic resins market in Asia amounted to $X in 2017, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Phenolic resins consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The level of phenolic resins consumption peaked at $X in 2011; however, from 2012 to 2017, consumption stood at a somewhat lower figure.
Production in Asia
In 2017, the amount of phenolic resins in primary forms produced in Asia amounted to X tonnes, surging by X% against the previous year. The total output volume increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2009, when the the output figure increased by X% year-to-year. The volume of phenolic resins production peaked at X tonnes in 2011; however, from 2012 to 2017, production remained at a lower figure.
Exports in Asia
In 2017, exports of phenolic resins in primary forms in Asia stood at X tonnes, rising by X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010, when the exports increased by X% year-to-year. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.
In value terms, phenolic resins exports stood at $X (IndexBox estimates) in 2017. The total exports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the phenolic resins exports increased by +X% against 2015 indices. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.
Exports by Country
In 2017, China (X tonnes), distantly followed by Taiwan, Chinese (X tonnes), Japan (X tonnes), Singapore (X tonnes), India (X tonnes) and South Korea (X tonnes) represented the largest exporters of phenolic resins in primary forms, together comprising X% of total exports. Saudi Arabia (X tonnes) followed a long way behind the leaders.
From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.
In value terms, Japan ($X), China ($X) and Taiwan, Chinese ($X) appeared to be the countries with the highest levels of exports in 2017, together comprising X% of total exports. South Korea, Singapore, India and Saudi Arabia lagged somewhat behind, together comprising a further X%.
Export Prices by Country
In 2017, the phenolic resins export price in Asia amounted to $X per kg, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +X%.
There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per tonne), while China ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.
Imports in Asia
In 2017, approx. X tonnes of phenolic resins in primary forms were imported in Asia; going up by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, phenolic resins imports attained their peak figure in 2017, and are likely to continue its growth in the immediate term.
In value terms, phenolic resins imports amounted to $X (IndexBox estimates) in 2017. The total import value increased at an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, phenolic resins imports attained their maximum at $X in 2011; however, from 2012 to 2017, imports remained at a lower figure.
Imports by Country
In 2017, China (X tonnes) represented the largest importer for phenolic resins in primary forms, mixed up X% of total imports. Thailand (X tonnes) ranks second in terms of the global imports with a X% share, followed by Turkey (X%), South Korea (X%), India (X%), Qatar (X%), Indonesia (X%) and Japan (X%). Malaysia (X tonnes), Viet Nam (X tonnes), Taiwan, Chinese (X tonnes) and Saudi Arabia (X tonnes) followed a long way behind the leaders.
From 2007 to 2017, average annual rates of growth with regard to phenolic resins imports into China stood at +X%. At the same time, Saudi Arabia (+X%), India (+X%), Viet Nam (+X%), Turkey (+X%), Qatar (+X%), Thailand (+X%), Indonesia (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. South Korea experienced a relatively flat trend pattern. By contrast, Japan (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. While the share of Malaysia (X%) increased significantly in terms of the global imports from 2007-2017, the share of Indonesia (-X%), Saudi Arabia (-X%), Viet Nam (-X%), Thailand (-X%), Qatar (-X%), China (-X%), India (-X%) and Turkey (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) constitutes the largest market for imported phenolic resins in primary forms in Asia, comprising X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Thailand, with a X% share.
Import Prices by Country
The phenolic resins import price in Asia stood at $X per kg in 2017, dropping by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%.
There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Taiwan, Chinese ($X per tonne), while Qatar ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Qatar, while the other leaders experienced more modest paces of growth.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the phenolic resins market in Asia. 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 Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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