Asia-Pacific: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in Asia-Pacific

The Asia-Pacific market for inorganic oxygen compounds of non-metals rose remarkably to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, recorded a noticeable setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Inorganic Oxygen Compounds Of Non-Metals in Asia-Pacific

In value terms, inorganic oxygen compounds of non-metals production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports in Asia-Pacific

In 2022, inorganic oxygen compounds of non-metals exports in Asia-Pacific skyrocketed to X tons, increasing by X% compared with the previous year. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, inorganic oxygen compounds of non-metals exports rose notably to $X in 2022. Overall, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

China prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by South Korea (X tons), generating a X% share of total exports. India (X tons), Taiwan (Chinese) (X tons), Thailand (X tons) and Malaysia (X tons) took a relatively small share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, South Korea (X%), Taiwan (Chinese) (X%), India (X%) and Thailand (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. China (X p.p.), South Korea (X p.p.), Taiwan (Chinese) (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest inorganic oxygen compounds of non-metals supplying countries in Asia-Pacific were China ($X), South Korea ($X) and Taiwan (Chinese) ($X), with a combined X% share of total exports.

In terms of the main exporting countries, South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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, falling by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.

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

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

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports in Asia-Pacific

In 2022, supplies from abroad of inorganic oxygen compounds of non-metals increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports posted a modest expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, inorganic oxygen compounds of non-metals imports surged to $X in 2022. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Malaysia (X tons), distantly followed by India (X tons), Taiwan (Chinese) (X tons), China (X tons), Australia (X tons) and Thailand (X tons) were the largest importers of inorganic oxygen compounds of non-metals, together making up X% of total imports. New Zealand (X tons), Vietnam (X tons), Singapore (X tons), Indonesia (X tons) and Japan (X tons) took a little share of total imports.

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

In value terms, China ($X), Taiwan (Chinese) ($X) and Australia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Australia, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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, reducing by X% against the previous year. Import price indicated buoyant 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. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then reduced in the following year.

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

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

Source: IndexBox Platform

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