Asia-Pacific: Market for Glycosides And Vegetable Alkaloids 2024

Market Size for Glycosides And Vegetable Alkaloids in Asia-Pacific

The Asia-Pacific glycosides and vegetable alkaloids market soared to $X in 2022, surging by X% against the previous year. In general, consumption, however, showed a perceptible slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Glycosides And Vegetable Alkaloids in Asia-Pacific

In value terms, glycosides and vegetable alkaloids production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Exports of Glycosides And Vegetable Alkaloids

Exports in Asia-Pacific

In 2022, shipments abroad of glycosides and vegetable alkaloids increased by X% to X tons, rising for the sixth consecutive year after two years of decline. Total exports indicated a prominent 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, glycosides and vegetable alkaloids exports soared to $X in 2022. Total exports indicated strong 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 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the key exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by India (X tons), mixing up a X% share of total exports. Malaysia (X tons) held a little share of total exports.

China was also the fastest-growing in terms of the glycosides and vegetable alkaloids exports, with a CAGR of X% from 2012 to 2022. At the same time, Malaysia (X%) and India (X%) displayed positive paces of growth. From 2012 to 2022, the share of India decreased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. In the other countries, the average annual rates were as follows: India (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, with an increase of 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 India ($X per ton), while China ($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 mixed trends in the export price figures.

Imports of Glycosides And Vegetable Alkaloids

Imports in Asia-Pacific

In 2022, glycosides and vegetable alkaloids imports in Asia-Pacific expanded notably to X tons, with an increase of X% compared with the previous year's figure. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, glycosides and vegetable alkaloids imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons), distantly followed by India (X tons), Hong Kong SAR (X tons), Singapore (X tons), South Korea (X tons), Malaysia (X tons), Japan (X tons), Pakistan (X tons) and Indonesia (X tons) were the key importers of glycosides and vegetable alkaloids, together generating X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (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-Pacific were Hong Kong SAR ($X), India ($X) and Japan ($X), together comprising X% of total imports.

Hong Kong SAR, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the import price in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, saw a pronounced shrinkage. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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