ASEAN: Peroxosulphates Market 2024

Peroxosulphates Market Size in ASEAN

The ASEAN peroxosulphates market reached $X in 2022, approximately equating the previous year. Overall, consumption, however, enjoyed a buoyant expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Peroxosulphates Production in ASEAN

In value terms, peroxosulphates production surged to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X,007%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Peroxosulphates Exports

Exports in ASEAN

In 2022, the amount of peroxosulphates (persulphates) exported in ASEAN amounted to X tons, therefore, remained relatively stable against 2021. Overall, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, peroxosulphates exports surged to $X in 2022. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Singapore represented the main exporter of peroxosulphates (persulphates) in ASEAN, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. Vietnam (X tons) took the second position in the ranking, distantly followed by Malaysia (X tons) and Thailand (X tons). All these countries together held near X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to peroxosulphates exports from Singapore stood at X%. At the same time, Thailand (X%), Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. While the share of Vietnam (X p.p.), Thailand (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (X p.p.) displayed negative dynamics.

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

In Singapore, peroxosulphates 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: Vietnam (X% per year) and Malaysia (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 period from 2012 to 2022, 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.

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 ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

Peroxosulphates Imports

Imports in ASEAN

After two years of growth, purchases abroad of peroxosulphates (persulphates) decreased by X% to X tons in 2022. Total imports indicated tangible growth 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. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X tons in 2021, and then contracted dramatically in the following year.

In value terms, peroxosulphates imports declined to $X in 2022. Total imports indicated a buoyant expansion 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 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Thailand (X tons), Indonesia (X tons) and Vietnam (X tons) represented the largest importer of peroxosulphates (persulphates) in ASEAN, mixing up X% of total import. Malaysia (X tons) took the next position in the ranking, followed by Singapore (X tons). All these countries together held approx. X% share of total imports. The Philippines (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key 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, Thailand ($X), Vietnam ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, Vietnam, with a CAGR of X%, recorded the highest growth rate of 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, rising 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 reached the peak level and is likely to continue growth in the immediate term.

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