Acyclic Hydrocarbon Market - The Value Of Global Acyclic Hydrocarbons Trade Plummeted
Basic Chemicals October 21, 2016
Photo: © leungchopan / Bigstockphoto
The global trade in acyclic hydrocarbons amounted to 18,818 million USD in 2015. That value fluctuated wildly over the period under review, falling by 32% in the last year, after standing stable from 2012-2014.
The Republic of Korea continued its dominance in global acyclic hydrocarbon supplies. In 2015, exports from the Republic of Korea totaled 2,049 million USD, which accounted for an 11% share of global exports. Japan, the Netherlands, USA, and the UK were the other key global suppliers of acyclic hydrocarbons in 2015, with a combined share of 34.1%.
Japan (+10.1% per year) and the Republic of Korea (+3.2% per year) were the fastest growing exporters on the global acyclic hydrocarbon market from 2007 to 2015. Japan significantly strengthened its position in the global export structure, growing its share from 5% in 2007 to 11% in 2015.
On the other hand, China (21%, based on value terms), Belgium (15%), Germany (8%), USA (7%), and the Netherlands (7%) were the leading destinations of acyclic hydrocarbon imports in 2015. Imports to China grew at a rapid pace of +12.9% per year from 2007 to 2015. By contrast, Germany significantly contracted imports of acyclic hydrocarbons over the same period. China's share in global imports increased significantly (+13 percentage points), while the share of Germany illustrated negative dynamics (-5 percentage points).
Do you want to know more about the global acyclic hydrocarbon market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- acyclic hydrocarbon market share
- acyclic hydrocarbon prices
- acyclic hydrocarbon industry
- acyclic hydrocarbon sales
- acyclic hydrocarbon market forecast
- acyclic hydrocarbon price forecast
- key acyclic hydrocarbon producers
Source: World: Acyclic Hydrocarbons - Market Report. Analysis And Forecast To 2020
