Asia-Pacific: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Asia-Pacific

In 2022, the Asia-Pacific trichloroethylene and tetrachloroethylene market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption posted a resilient expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Trichloroethylene And Tetrachloroethylene Production in Asia-Pacific

In value terms, trichloroethylene and tetrachloroethylene production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports in Asia-Pacific

Trichloroethylene and tetrachloroethylene exports skyrocketed to X tons in 2022, jumping by X% against 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 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, trichloroethylene and tetrachloroethylene exports surged to $X in 2022. Overall, exports posted a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, China (X tons) was the main exporter of trichloroethylene and tetrachloroethylene (perchloroethylene), making up X% of total exports. Japan (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by India (X%). Malaysia (X tons) held a minor share of total exports.

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

In value terms, China ($X) remains the largest trichloroethylene and tetrachloroethylene supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In China, trichloroethylene and tetrachloroethylene exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, picking up by X% against the previous year. Export price indicated a perceptible 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, trichloroethylene and tetrachloroethylene export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain 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 Malaysia ($X per ton), while India ($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.

Trichloroethylene And Tetrachloroethylene Imports

Imports in Asia-Pacific

In 2022, purchases abroad of trichloroethylene and tetrachloroethylene (perchloroethylene) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, trichloroethylene and tetrachloroethylene imports soared to $X in 2022. In general, imports continue to indicate a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) represented the largest importer of trichloroethylene and tetrachloroethylene (perchloroethylene), achieving X% of total imports. It was distantly followed by India (X tons), creating a X% share of total imports. South Korea (X tons), Pakistan (X tons), Vietnam (X tons) and Malaysia (X tons) took a minor share of total imports.

China was also the fastest-growing in terms of the trichloroethylene and tetrachloroethylene (perchloroethylene) imports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%), India (X%), Pakistan (X%) and Malaysia (X%) displayed positive paces of growth. By contrast, South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported trichloroethylene and tetrachloroethylene (perchloroethylene) in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, trichloroethylene and tetrachloroethylene imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, recorded a noticeable contraction. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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