ASEAN: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in ASEAN

The ASEAN acid and mordant dye market reduced slightly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated perceptible growth from 2012 to 2022: 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 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Acid And Mordant Dyes And Preparations Based Thereon in ASEAN

In value terms, acid and mordant dye production reduced to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports in ASEAN

In 2022, the amount of acid and mordant dyes and preparations based thereon exported in ASEAN shrank rapidly to X tons, falling by X% on the year before. In general, exports recorded a noticeable slump. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, acid and mordant dye exports reduced to $X in 2022. Over the period under review, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand was the largest exporter of acid and mordant dyes and preparations based thereon in ASEAN, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. Singapore (X tons) ranks second in terms of the total exports with a X% share, followed by Malaysia (X%) and Indonesia (X%).

Thailand experienced a relatively flat trend pattern with regard to volume of exports of acid and mordant dyes and preparations based thereon. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) and Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Singapore saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Thailand ($X), Singapore ($X) and Indonesia ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. These countries were followed by Malaysia, which accounted for a further X%.

Malaysia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports in ASEAN

In 2022, approx. X tons of acid and mordant dyes and preparations based thereon were imported in ASEAN; with a decrease of X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then shrank remarkably in the following year.

In value terms, acid and mordant dye imports fell to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

The purchases of the four major importers of acid and mordant dyes and preparations based thereon, namely Singapore, Vietnam, Thailand and Indonesia, represented more than two-thirds of total import. It was distantly followed by Malaysia (X tons), achieving an X% share of total imports. The Philippines (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Singapore ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Indonesia, Malaysia and the Philippines lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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