Asia-Pacific: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in Asia-Pacific

The Asia-Pacific aromatic hydrocarbon mixtures market rose modestly to $X in 2022, with an increase of X% against the previous year. In general, consumption saw a noticeable setback. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Aromatic Hydrocarbon Mixtures Production in Asia-Pacific

In value terms, aromatic hydrocarbon mixtures production rose markedly to $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 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Aromatic Hydrocarbon Mixtures Exports

Exports in Asia-Pacific

In 2022, the amount of naphthalene and other aromatic hydrocarbon mixtures exported in Asia-Pacific reduced dramatically to X tons, which is down by X% against 2021. In general, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, aromatic hydrocarbon mixtures exports shrank to $X in 2022. Total exports indicated a resilient expansion 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 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

India was the largest exporting country with an export of about X tons, which resulted at X% of total exports. Japan (X tons) held the second position in the ranking, followed by Thailand (X tons), South Korea (X tons) and Papua New Guinea (X tons). All these countries together held approx. X% share of total exports. The following exporters - Taiwan (Chinese) (X tons), Singapore (X tons) and Brunei Darussalam (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to aromatic hydrocarbon mixtures exports from India stood at X%. At the same time, Brunei Darussalam (X%), Japan (X%), Taiwan (Chinese) (X%), Papua New Guinea (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Brunei Darussalam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) and Singapore (X%) illustrated a downward trend over the same period. India (X p.p.), Japan (X p.p.), Brunei Darussalam (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the total exports, while South Korea, Singapore and Thailand saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) emerged as the largest aromatic hydrocarbon mixtures supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In India, aromatic hydrocarbon mixtures exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 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 India ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

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

Aromatic Hydrocarbon Mixtures Imports

Imports in Asia-Pacific

In 2022, the amount of naphthalene and other aromatic hydrocarbon mixtures imported in Asia-Pacific shrank markedly to X tons, with a decrease of X% on 2021. In general, imports saw a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, aromatic hydrocarbon mixtures imports dropped significantly to $X in 2022. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), Singapore (X tons) and South Korea (X tons) represented roughly X% of total imports in 2022. China (X tons) held the next position in the ranking, followed by Vietnam (X tons), Malaysia (X tons) and Indonesia (X tons). All these countries together held near X% share of total imports.

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, the largest aromatic hydrocarbon mixtures importing markets in Asia-Pacific were India ($X), Singapore ($X) and South Korea ($X), with a combined X% share of total imports. Vietnam, China, Malaysia and Indonesia lagged somewhat behind, together comprising a further X%.

Malaysia, 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, surging by X% against the previous year. Over the period under review, the import price, however, saw a slight curtailment. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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