Asia: Acyclic Hydrocarbons Derivatives Market 2024

Acyclic Hydrocarbons Derivatives Market Size in Asia

In 2022, the Asian acyclic hydrocarbons derivatives market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Acyclic Hydrocarbons Derivatives Production in Asia

In value terms, acyclic hydrocarbons derivatives production fell slightly to $X in 2022 estimated in export price. Over the period under review, production saw a slight curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Acyclic Hydrocarbons Derivatives Exports

Exports in Asia

In 2022, approx. X tons of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons were exported in Asia; which is down by X% against 2021. Total exports indicated a tangible 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. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then shrank notably in the following year.

In value terms, acyclic hydrocarbons derivatives exports fell rapidly to $X in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.

Exports by Country

China dominates exports structure, reaching X tons, which was near X% of total exports in 2022. Israel (X tons) took a relatively small share of total exports.

China was also the fastest-growing in terms of the fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons exports, with a CAGR of X% from 2012 to 2022. Israel (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Israel (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest acyclic hydrocarbons derivatives supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a X% share of total exports.

In China, acyclic hydrocarbons derivatives exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%).

Acyclic Hydrocarbons Derivatives Imports

Imports in Asia

After ten years of growth, supplies from abroad of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons decreased by X% to X tons in 2022. Total imports indicated slight 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 most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank rapidly in the following year.

In value terms, acyclic hydrocarbons derivatives imports declined to $X in 2022. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded 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 reduced in the following year.

Imports by Country

The countries with the highest levels of acyclic hydrocarbons derivatives imports in 2022 were Japan (X tons), South Korea (X tons) and the United Arab Emirates (X tons), together amounting to X% of total import. It was distantly followed by Taiwan (Chinese) (X tons), Turkey (X tons), Malaysia (X tons) and Saudi Arabia (X tons), together creating a X% share of total imports. Singapore (X tons), China (X tons), Iran (X tons), the Philippines (X tons) and Iraq (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Japan ($X) and China ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Taiwan (Chinese), Singapore, the United Arab Emirates, Turkey, Saudi Arabia, Malaysia, Iran, Iraq and the Philippines lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the Philippines, 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 Asia amounted to $X per ton, increasing by X% against the previous year. Import price indicated a tangible increase 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, acyclic hydrocarbons derivatives import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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