Eastern Asia: Cyclohexane Market 2024

Cyclohexane Market Size in Eastern Asia

The East Asian cyclohexane market dropped modestly to $X in 2022, stabilizing at the previous year. In general, consumption saw a pronounced slump. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Cyclohexane Production in Eastern Asia

In value terms, cyclohexane production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Cyclohexane Exports

Exports in Eastern Asia

In 2022, overseas shipments of cyclohexane increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports posted a noticeable increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, cyclohexane exports surged to $X in 2022. Overall, exports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the main exporting country with an export of around X tons, which amounted to X% of total exports. South Korea (X tons) ranks second in terms of the total exports with a X% share, followed by Japan (X%).

China was also the fastest-growing in terms of the cyclohexane exports, with a CAGR of X% from 2012 to 2022. South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (X p.p.) and Japan (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest cyclohexane supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by South Korea ($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%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, saw a mild slump. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

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

Cyclohexane Imports

Imports in Eastern Asia

In 2022, overseas purchases of cyclohexane increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cyclohexane imports rose remarkably to $X in 2022. Over the period under review, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Japan was the key importer of cyclohexane in Eastern Asia, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by South Korea (X tons) and Taiwan (Chinese) (X tons), together achieving a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

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

In Japan, cyclohexane imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :