ASEAN: Market for Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol) 2024

Market Size for Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol) in ASEAN

The ASEAN diols and polyhydric alcohols market shrank rapidly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, recorded a buoyant increase. As a result, consumption attained the peak level of $X, and then declined markedly in the following year.

Production of Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol) in ASEAN

In value terms, diols and polyhydric alcohols production fell to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible shrinkage. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol)

Exports in ASEAN

In 2022, overseas shipments of diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol) decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, diols and polyhydric alcohols exports declined sharply to $X in 2022. Over the period under review, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia was the main exporter of diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol) in ASEAN, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Singapore (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest diols and polyhydric alcohols supplying countries in ASEAN were Thailand ($X), Singapore ($X) and Malaysia ($X), with a combined X% share of total exports.

Among the main exporting countries, Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

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 Thailand ($X per ton), while Malaysia ($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 mixed trends in the export price figures.

Imports of Diols And Polyhydric Alcohols (Excluding Ethylene Glycol And Propylene Glycol, D-Glucitol)

Imports in ASEAN

Diols and polyhydric alcohols imports fell dramatically to X tons in 2022, waning by X% on 2021 figures. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, diols and polyhydric alcohols imports reduced markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank remarkably in the following year.

Imports by Country

Vietnam represented the main importing country with an import of about X tons, which resulted at X% of total imports. Malaysia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%), Indonesia (X%) and Singapore (X%).

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 ($X) constitutes the largest market for imported diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, d-glucitol) in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Thailand (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, jumping by X% against the previous year. Import price indicated tangible growth 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, diols and polyhydric alcohols import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Vietnam ($X per ton) and Singapore ($X per ton), while Indonesia ($X per ton) and Thailand ($X per ton) were 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