Eastern Asia: Market for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives 2024

Market Size for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in Eastern Asia

In 2022, the East Asian market for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by X% to $X, falling for the seventh consecutive year after two years of growth. In general, consumption showed a perceptible reduction. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in Eastern Asia

In value terms, production of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives amounted to $X in 2022 estimated in export price. In general, production, however, recorded a mild slump. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Exports in Eastern Asia

In 2022, shipments abroad of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives soared to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates derivatives structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Japan (X tons), committing a X% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives. Japan (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Imports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Imports in Eastern Asia

Imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives contracted to X tons in 2022, waning by X% compared with the previous year's figure. In general, imports showed a mild reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives fell markedly to $X in 2022. Over the period under review, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

China represented the main importer of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives in Eastern Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2022. Japan (X tons) ranks second in terms of the total imports with a X% share, followed by South Korea (X%). Taiwan (Chinese) (X tons) took a relatively small share of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Taiwan (Chinese) increased by X and X percentage points, respectively.

In value terms, the largest aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives importing markets in Eastern Asia were Taiwan (Chinese) ($X), China ($X) and South Korea ($X), together accounting for X% of total imports.

Among the main importing countries, Taiwan (Chinese), with a CAGR of X%, recorded 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 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a perceptible contraction. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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