ASEAN: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in ASEAN

In 2022, after two years of growth, there was significant decline in the ASEAN organo-inorganic compounds market, when its value decreased by X% to $X. The market value 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 throughout the analyzed period. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Organo-Inorganic Compounds Production in ASEAN

In value terms, organo-inorganic compounds production totaled $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Organo-Inorganic Compounds Exports

Exports in ASEAN

In 2022, overseas shipments of organo-inorganic compounds (excluding organo-sulphur compounds) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, organo-inorganic compounds exports stood at $X in 2022. Over the period under review, exports, however, saw prominent growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Thailand prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. Singapore (X tons) held the second position in the ranking, followed by Malaysia (X tons). All these countries together took approx. X% share of total exports. Indonesia (X tons) held a minor share of total exports.

Thailand was also the fastest-growing in terms of the organo-inorganic compounds (excluding organo-sulphur compounds) exports, with a CAGR of X% from 2012 to 2022. At the same time, Indonesia (X%), Malaysia (X%) and Singapore (X%) displayed positive paces of growth. Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia and Singapore saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest organo-inorganic compounds supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In Thailand, organo-inorganic compounds exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price attained 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 ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Organo-Inorganic Compounds Imports

Imports in ASEAN

In 2022, purchases abroad of organo-inorganic compounds (excluding organo-sulphur compounds) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. 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 throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell slightly in the following year.

In value terms, organo-inorganic compounds imports amounted to $X in 2022. Overall, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Malaysia (X tons) and Indonesia (X tons) represented the key importers of organo-inorganic compounds (excluding organo-sulphur compounds) in ASEAN, together making up X% of total imports. Thailand (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%) and Singapore (X%). The Philippines (X tons) followed a long way behind the leaders.

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

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

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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, increasing by X% against the previous year. Import price indicated notable 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, organo-inorganic compounds import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, 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 Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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