ASEAN: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in ASEAN

The ASEAN benzoyl peroxide and chloride market totaled $X in 2022, increasing by X% against the previous year. The total consumption indicated strong 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 2016 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Benzoyl Peroxide And Benzoyl Chloride in ASEAN

In value terms, benzoyl peroxide and chloride production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume decreased by X%. Over the period under review, production reached the maximum level in 2022 and is likely to see steady growth in the near future.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports in ASEAN

In 2022, the amount of benzoyl peroxide and benzoyl chloride exported in ASEAN expanded slightly to X tons, surging by X% on the year before. Over the period under review, exports posted a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, benzoyl peroxide and chloride exports surged to $X in 2022. In general, exports saw a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

In 2022, Indonesia (X tons) was the largest exporter of benzoyl peroxide and benzoyl chloride, comprising X% of total exports. It was distantly followed by Malaysia (X tons), achieving a X% share of total exports. Singapore (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to benzoyl peroxide and chloride exports from Indonesia stood at X%. 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. Singapore experienced a relatively flat trend pattern. Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore and Indonesia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Indonesia ($X) remains the largest benzoyl peroxide and chloride supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

In Indonesia, benzoyl peroxide and chloride exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia ($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 Benzoyl Peroxide And Benzoyl Chloride

Imports in ASEAN

In 2022, approx. X tons of benzoyl peroxide and benzoyl chloride were imported in ASEAN; picking up by X% against the previous year. Total imports indicated a resilient expansion from 2012 to 2022: its volume 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 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, benzoyl peroxide and chloride imports soared to $X in 2022. Total imports indicated resilient 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, imports increased by X% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Indonesia represented the largest importing country with an import of around X tons, which resulted at X% of total imports. The Philippines (X tons) held the second position in the ranking, followed by Thailand (X tons), Malaysia (X tons) and Vietnam (X tons). All these countries together took near X% share of total imports. Singapore (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to benzoyl peroxide and chloride imports into Indonesia stood at X%. At the same time, Vietnam (X%), the Philippines (X%), Thailand (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. While the share of Indonesia (X p.p.), Vietnam (X p.p.) and the Philippines (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (X p.p.) and Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported benzoyl peroxide and benzoyl chloride in ASEAN, comprising X% of total imports. The second position in the ranking was held by the Philippines ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

In Indonesia, benzoyl peroxide and chloride imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Philippines (X% per year) and Thailand (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Indonesia ($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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