ASEAN: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in ASEAN

The ASEAN amine-function compounds market reduced slightly to $X in 2022, approximately equating the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Amine-Function Compounds Production in ASEAN

In value terms, amine-function compounds production shrank slightly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Amine-Function Compounds Exports

Exports in ASEAN

In 2022, overseas shipments of amine-function compounds increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, amine-function compounds exports rose modestly to $X in 2022. Overall, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The Philippines represented the key exporter of amine-function compounds in ASEAN, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Singapore (X tons) and Thailand (X tons), together generating a X% share of total exports. Malaysia (X tons) held a relatively small share of total exports.

The Philippines was also the fastest-growing in terms of the amine-function compounds exports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%) and Malaysia (X%) displayed positive paces of growth. By contrast, Singapore (X%) illustrated a downward trend over the same period. The Philippines (X p.p.), Thailand (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the Philippines ($X), Singapore ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, waning by X% against the previous year. Export price indicated a slight expansion from 2012 to 2022: its price 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, amine-function compounds export price decreased by X% against 2019 indices. The growth pace was the most rapid in 2015 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 a decline in the export price figures.

Amine-Function Compounds Imports

Imports in ASEAN

Amine-function compounds imports fell to X tons in 2022, reducing by X% on the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, amine-function compounds imports surged to $X in 2022. Total imports indicated a pronounced increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Singapore (X tons), Thailand (X tons) and Indonesia (X tons) represented roughly X% of total imports in 2022. Malaysia (X tons) took the next position in the ranking, followed by the Philippines (X tons) and Vietnam (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest amine-function compounds importing markets in ASEAN were Thailand ($X), Singapore ($X) and Indonesia ($X), with a combined X% share of total imports. Vietnam, Malaysia and the Philippines lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Vietnam, with a CAGR of X%, recorded 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

The import price in ASEAN stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :