ASEAN: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in ASEAN

For the third consecutive year, the ASEAN prepared rubber accelerators market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated a buoyant 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, consumption increased by X% against 2018 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Prepared Rubber Accelerators Production in ASEAN

In value terms, prepared rubber accelerators production contracted to $X in 2022 estimated in export price. The total production indicated temperate 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, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Prepared Rubber Accelerators Exports

Exports in ASEAN

After two years of growth, shipments abroad of prepared rubber accelerators decreased by X% to X tons in 2022. Total exports indicated a prominent 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, prepared rubber accelerators exports expanded to $X in 2022. Total exports 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, exports 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. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Malaysia dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Thailand (X tons), creating a X% share of total exports. Singapore (X tons) and Vietnam (X tons) held a little share of total exports.

Exports from Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. Malaysia (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand and Singapore saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

In Malaysia, prepared rubber accelerators 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: Thailand (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, growing 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 ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Prepared Rubber Accelerators Imports

Imports in ASEAN

After two years of growth, purchases abroad of prepared rubber accelerators decreased by X% to X tons in 2022. Total imports indicated a remarkable increase 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 2019 indices. The growth pace was the most rapid in 2020 with an increase of X%. The volume of import peaked at X tons in 2021, and then fell in the following year.

In value terms, prepared rubber accelerators imports expanded rapidly to $X in 2022. Over the period under review, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Thailand (X tons) and Indonesia (X tons) represented roughly X% of total imports in 2022. Vietnam (X tons) took the next position in the ranking, distantly followed by Malaysia (X tons). All these countries together took near X% share of total imports. 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 leading importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared rubber accelerators importing markets in ASEAN were Thailand ($X), Indonesia ($X) and Vietnam ($X), with a combined X% share of total imports. Malaysia 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

The import price in ASEAN stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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 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 the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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