Eastern Asia: Market for Anionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Anionic Surface-Active Agents (Excluding Soap) in Eastern Asia

The East Asian market for anionic surface-active agents (excluding soap) contracted to $X in 2023, approximately equating the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2022, and then declined modestly in the following year.

Production of Anionic Surface-Active Agents (Excluding Soap) in Eastern Asia

In value terms, anionic surface-active agents (excl. soap) production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2021; afterwards, it flattened through to 2023.

Exports of Anionic Surface-Active Agents (Excluding Soap)

Exports in Eastern Asia

In 2023, shipments abroad of anionic surface-active agents (excluding soap) increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. In general, exports, however, continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

In value terms, anionic surface-active agents (excl. soap) exports surged to $X in 2023. Overall, exports, however, continue to indicate a pronounced curtailment. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

South Korea prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2023. Taiwan (Chinese) (X tons) ranks second in terms of the total exports with a X% share, followed by Japan (X%).

South Korea was also the fastest-growing in terms of the anionic surface-active agents (excluding soap) exports, with a CAGR of X% from 2012 to 2023. Taiwan (Chinese) (X%) and Japan (X%) illustrated a downward trend over the same period. South Korea (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, South Korea ($X) remains the largest anionic surface-active agents (excl. soap) supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in South Korea totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; afterwards, it flattened through to 2023.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Anionic Surface-Active Agents (Excluding Soap)

Imports in Eastern Asia

In 2023, purchases abroad of anionic surface-active agents (excluding soap) decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, imports showed a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, anionic surface-active agents (excl. soap) imports shrank slightly to $X in 2023. Over the period under review, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Japan (X tons) and South Korea (X tons) represented the key importers of anionic surface-active agents (excluding soap) in Eastern Asia, together generating X% of total imports. It was distantly followed by Taiwan (Chinese) (X tons), constituting a X% share of total imports. Hong Kong SAR (X tons) took a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Japan ($X), South Korea ($X) and Taiwan (Chinese) ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

In terms of the main importing countries, Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2023, remaining constant against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2023, 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 Taiwan (Chinese) ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform