Asia: Orthophthalic Acid Esters Market 2020

Orthophthalic Acid Esters Market Size in Asia

The revenue of the orthophthalic acid esters market in Asia amounted to $X in 2017, remaining relatively unchanged against the previous year. The orthophthalic acid esters consumption continues to indicate a deep deduction. The pace of growth appeared the most rapid in 2010, when market value increased by X% year-to-year. Over the period under review, the orthophthalic acid esters market attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Orthophthalic Acid Esters Production in Asia

In 2017, the amount of esters of orthophthalic acid produced in Asia totaled X tons, therefore, remained relatively stable against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2015, when it surged by X% year-to-year. The volume of orthophthalic acid esters production peaked in 2017, and is likely to continue its growth in the immediate term.

Orthophthalic Acid Esters Exports in Asia

In 2017, the amount of esters of orthophthalic acid exported in Asia totaled X tons, picking up by X% against the previous year. The orthophthalic acid esters exports continue to indicate a mild setback. The pace of growth was the most pronounced in 2016, when exports increased by X% year-to-year. Over the period under review, the orthophthalic acid esters exports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, orthophthalic acid esters exports totaled $X in 2017. The orthophthalic acid esters exports continue to indicate a deep reduction. Over the period under review, the orthophthalic acid esters exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Orthophthalic Acid Esters Exports by Country in Asia

South Korea was the major exporter of esters of orthophthalic acid in Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2017. Taiwan, Chinese (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by China (X%) and Malaysia (X%). The following exporters - India (X tons), Japan (X tons) and China, Hong Kong SAR (X tons) each amounted to a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to orthophthalic acid esters exports from South Korea stood at +X%. At the same time, India (+X%) and China (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%), Taiwan, Chinese (-X%), Malaysia (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Taiwan, Chinese, Malaysia and China, Hong Kong SAR increased by X%, X% and X% percentage points, while India (-X%), South Korea (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) remains the largest orthophthalic acid esters supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by China, with a X% share.

In South Korea, orthophthalic acid esters exports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Taiwan, Chinese (-X% per year) and China (+X% per year).

Orthophthalic Acid Esters Export Prices by Country in Asia

The orthophthalic acid esters export price in Asia stood at $X per ton in 2017, coming up by X% against the previous year. The orthophthalic acid esters export price continues to indicate a temperate deduction. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other leaders experienced a decline in the export price figures.

Orthophthalic Acid Esters Imports in Asia

In 2017, approx. X tons of esters of orthophthalic acid were imported in Asia; shrinking by -X% against the previous year. The orthophthalic acid esters imports continue to indicate a drastic setback. The growth pace was the most rapid in 2009, when it surged by X% against the previous year. Over the period under review, the orthophthalic acid esters imports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, orthophthalic acid esters imports totaled $X in 2017. The orthophthalic acid esters imports continue to indicate an abrupt slump. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Orthophthalic Acid Esters Imports by Country in Asia

China was the key importer of esters of orthophthalic acid in Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2017. South Korea (X tons) held the second position in the ranking, followed by Japan (X tons), Turkey (X tons) and Vietnam (X tons). All these countries together took approx. X% share of total imports. Singapore (X tons), Indonesia (X tons), India (X tons), Jordan (X tons), China, Hong Kong SAR (X tons), Malaysia (X tons) and Saudi Arabia (X tons) held the slight share of total imports.

From 2007 to 2017, average annual rates of growth with regard to orthophthalic acid esters imports into China stood at -X%. At the same time, Jordan (+X%), Indonesia (+X%), Malaysia (+X%), Japan (+X%), Singapore (+X%) and Vietnam (+X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. South Korea experienced a relatively flat trend pattern. By contrast, Turkey (-X%), Saudi Arabia (-X%), India (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, China, Hong Kong SAR, India, Turkey and Saudi Arabia increased by X%, X%, X%, X% and X% percentage points, while Malaysia (-X%), Japan (-X%), Indonesia (-X%) and Jordan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported esters of orthophthalic acid in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at -X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Japan (+X% per year).

Orthophthalic Acid Esters Import Prices by Country in Asia

The orthophthalic acid esters import price in Asia stood at $X per ton in 2017, rising by X% against the previous year. The orthophthalic acid esters import price continues to indicate a measured descent. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Vietnam ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform