Eastern Asia: Market for Non-Soap Surface-Active Washing and Cleaning Preparations 2024

Market Size for Non-Soap Surface-Active Washing and Cleaning Preparations in Eastern Asia

The East Asian market for non-soap surface-active washing and cleaning preparations was estimated at $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Non-Soap Surface-Active Washing and Cleaning Preparations in Eastern Asia

In value terms, production of non-soap surface-active washing and cleaning preparations expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Non-Soap Surface-Active Washing and Cleaning Preparations

Exports in Eastern Asia

In 2022, overseas shipments of non-soap surface-active washing and cleaning preparations decreased by X% to X tons, falling for the second consecutive year after four years of growth. Total exports indicated a tangible increase 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 decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of non-soap surface-active washing and cleaning preparations contracted to $X in 2022. Total exports indicated a notable expansion from 2012 to 2022: its value 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. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

China was the largest exporting country with an export of about X tons, which resulted at X% of total exports. South Korea (X tons) ranks second in terms of the total exports with an X% share, followed by Taiwan (Chinese) (X%) and Japan (X%). Hong Kong SAR (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-soap surface-active washing and cleaning preparations exports from China stood at X%. At the same time, Taiwan (Chinese) (X%), Japan (X%), Hong Kong SAR (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-soap surface-active washing and cleaning preparations supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Imports of Non-Soap Surface-Active Washing and Cleaning Preparations

Imports in Eastern Asia

After ten years of growth, supplies from abroad of non-soap surface-active washing and cleaning preparations decreased by X% to X tons in 2022. Total imports indicated a notable 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. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, imports of non-soap surface-active washing and cleaning preparations contracted sharply to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value 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, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then dropped sharply in the following year.

Imports by Country

China (X tons) and Japan (X tons) represented roughly X% of total imports in 2022. Hong Kong SAR (X tons) took the next position in the ranking, followed by South Korea (X tons) and Taiwan (Chinese) (X tons). All these countries together held near X% share of total imports. Democratic People's Republic of Korea (X tons) followed a long way behind the leaders.

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

In value terms, the largest non-soap surface-active washing and cleaning preparations importing markets in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports.

Among the main importing countries, South Korea, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Democratic People's Republic of Korea ($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 more modest paces of growth.

Source: IndexBox Platform

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