Asia: Market for Glycosides And Vegetable Alkaloids 2022

Market Size for Glycosides And Vegetable Alkaloids in Asia

After two years of growth, the Asian glycosides and vegetable alkaloids market decreased by -X% to $X in 2021. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Glycosides And Vegetable Alkaloids in Asia

In value terms, glycosides and vegetable alkaloids production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020, and then declined modestly in the following year.

Production By Country in Asia

China (X tons) constituted the country with the largest volume of glycosides and vegetable alkaloids production, comprising approx. X% of total volume. Moreover, glycosides and vegetable alkaloids production in China exceeded the figures recorded by the second-largest producer, India (X tons), fivefold. The third position in this ranking was held by Uzbekistan (X tons), with a X% share.

In China, glycosides and vegetable alkaloids production expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: India (+X% per year) and Uzbekistan (+X% per year).

Exports of Glycosides And Vegetable Alkaloids

Exports in Asia

For the eighth year in a row, Asia recorded growth in shipments abroad of glycosides and vegetable alkaloids, which increased by X% to X tons in 2021. In general, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, glycosides and vegetable alkaloids exports reached $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons) represented the major exporter of glycosides and vegetable alkaloids, committing X% of total exports. It was distantly followed by India (X tons), mixing up a X% share of total exports. Malaysia (X tons) and Vietnam (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to glycosides and vegetable alkaloids exports from China stood at +X%. At the same time, Vietnam (+X%), Malaysia (+X%) and India (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. China (+X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia and India saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest glycosides and vegetable alkaloids supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with an X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2021, the average annual growth rate of value in China stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the other leaders experienced a decline in the export price figures.

Imports of Glycosides And Vegetable Alkaloids

Imports in Asia

Glycosides and vegetable alkaloids imports rose significantly to X tons in 2021, with an increase of X% compared with 2020 figures. Total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2018 when imports increased by X%. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, glycosides and vegetable alkaloids imports contracted slightly to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China was the main importing country with an import of about X tons, which recorded X% of total imports. India (X tons) ranks second in terms of the total imports with an X% share, followed by Malaysia (X%), Singapore (X%), Japan (X%), South Korea (X%) and Indonesia (X%). Pakistan (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glycosides and vegetable alkaloids importing markets in Asia were China ($X), Japan ($X) and India ($X), together comprising X% of total imports. These countries were followed by Malaysia, South Korea, Indonesia, Singapore and Pakistan, which together accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of 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 2021, the import price in Asia amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform