Eastern Asia: Chlorosulphuric Acid Market 2024

Chlorosulphuric Acid Market Size in Eastern Asia

The East Asian chlorosulphuric acid market dropped to $X in 2022, falling by X% against the previous year. Over the period under review, consumption recorded a prominent expansion. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Chlorosulphuric Acid Production in Eastern Asia

In value terms, chlorosulphuric acid production dropped modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Chlorosulphuric Acid Exports

Exports in Eastern Asia

In 2022, after five years of growth, there was decline in overseas shipments of chlorosulphuric acid, when their volume decreased by X% to X tons. Total exports indicated a modest expansion from 2012 to 2022: its volume 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 2016 indices. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined slightly in the following year.

In value terms, chlorosulphuric acid exports soared to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

In 2022, China (X tons) represented the main exporter of chlorosulphuric acid in Eastern Asia, mixing up X% of total export.

China was also the fastest-growing in terms of the chlorosulphuric acid exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest chlorosulphuric acid supplier in Eastern Asia.

In China, chlorosulphuric acid exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Chlorosulphuric Acid Imports

Imports in Eastern Asia

In 2022, approx. X tons of chlorosulphuric acid were imported in Eastern Asia; rising by X% on 2021 figures. In general, imports saw a relatively flat trend pattern. The growth pace was 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 years to come.

In value terms, chlorosulphuric acid imports fell modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then fell slightly in the following year.

Imports by Country

Japan represented the main importer of chlorosulphuric acid in Eastern Asia, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Taiwan (Chinese) (X tons), constituting a X% share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of chlorosulphuric acid. 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. Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Japan ($X) constitutes the largest market for imported chlorosulphuric acid in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Japan was relatively modest.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while Japan amounted to $X per ton.

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

Source: IndexBox Platform

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