Asia: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in Asia

In 2022, the Asian saturated acyclic hydrocarbons market increased by X% to $X, rising for the second year in a row after two years of decline. The market value 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. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Saturated Acyclic Hydrocarbons Production in Asia

In value terms, saturated acyclic hydrocarbons production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Saturated Acyclic Hydrocarbons Exports

Exports in Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of saturated acyclic hydrocarbons, when their volume decreased by X% to X tons. In general, exports showed a noticeable decline. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then plummeted in the following year.

In value terms, saturated acyclic hydrocarbons exports fell significantly to $X in 2022. Over the period under review, exports saw a perceptible decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then fell markedly in the following year.

Exports by Country

In 2022, Saudi Arabia (X tons), South Korea (X tons) and China (X tons) represented the largest exporter of saturated acyclic hydrocarbons in Asia, making up X% of total export. It was distantly followed by Malaysia (X tons), making up a X% share of total exports. Japan (X tons), Taiwan (Chinese) (X tons) and India (X tons) followed a long way behind the leaders.

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

In value terms, South Korea ($X), China ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Japan, Malaysia, Taiwan (Chinese) and India lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Malaysia, with a CAGR of X%, recorded 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 stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. 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 Japan ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Saturated Acyclic Hydrocarbons Imports

Imports in Asia

In 2022, approx. X tons of saturated acyclic hydrocarbons were imported in Asia; increasing by X% against the previous year. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, saturated acyclic hydrocarbons imports surged to $X in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

China was the largest importer of saturated acyclic hydrocarbons in Asia, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by India (X tons), constituting a X% share of total imports. Japan (X tons) and South Korea (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported saturated acyclic hydrocarbons in Asia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In China, saturated acyclic hydrocarbons imports 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: India (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 South Korea ($X per ton), while India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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