Asia-Pacific: Industrial Fatty Alcohols Market 2024

Industrial Fatty Alcohols Market Size in Asia-Pacific

The Asia-Pacific industrial fatty alcohols market rose modestly to $X in 2022, surging by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the market value increased by X%. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Industrial Fatty Alcohols Production in Asia-Pacific

In value terms, industrial fatty alcohols production fell to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Industrial Fatty Alcohols Exports

Exports in Asia-Pacific

In 2022, industrial fatty alcohols exports in Asia-Pacific stood at X tons, picking up by X% compared with 2021. Total exports indicated a buoyant 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 2015 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, industrial fatty alcohols exports skyrocketed to $X in 2022. Overall, exports showed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Indonesia represented the main exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by Malaysia (X tons), constituting a X% share of total exports. India (X tons), Thailand (X tons) and Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Indonesia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest industrial fatty alcohols supplying countries in Asia-Pacific were Indonesia ($X), Malaysia ($X) and India ($X), together accounting for X% of total exports.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, jumping by X% against the previous year. Export price indicated a mild 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, industrial fatty alcohols export price increased by X% against 2019 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

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

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

Industrial Fatty Alcohols Imports

Imports in Asia-Pacific

In 2022, approx. X tons of industrial fatty alcohols were imported in Asia-Pacific; increasing by X% against 2021. Total imports 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, industrial fatty alcohols imports skyrocketed to $X in 2022. Over the period under review, imports showed a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) represented the key importer of industrial fatty alcohols, mixing up X% of total imports. Singapore (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%), India (X%), Japan (X%) and South Korea (X%). Thailand (X tons) took a minor share of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%), India (X%), Singapore (X%), South Korea (X%), Japan (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Malaysia (X p.p.) significantly strengthened its position in terms of the total imports, while Japan and Thailand saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported industrial fatty alcohols in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (X% per year) and India (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated modest growth 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, industrial fatty alcohols import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in India ($X per ton) and Thailand ($X per ton), while Malaysia ($X per ton) and China ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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