Report Eastern Asia - Resinoids - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 30, 2022

Eastern Asia - Resinoids - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Resinoids Market 2022

Resinoids Market Size in Eastern Asia

The East Asian resinoids market rose notably to $X in 2021, picking up by 12% against the previous year. The total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -36.0% against 2016 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Resinoids Production in Eastern Asia

In value terms, resinoids production rose rapidly to $X in 2021 estimated in export price. The total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.1% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 48%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Resinoids Exports

Exports in Eastern Asia

In 2021, after two years of decline, there was significant growth in overseas shipments of resinoids, when their volume increased by 25% to X tons. In general, exports, however, showed a slight contraction. The most prominent rate of growth was recorded in 2013 with an increase of 227% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, resinoids exports surged to $X in 2021. Overall, exports recorded noticeable growth. The growth pace was the most rapid in 2013 when exports increased by 428%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China was the key exporter of resinoids in Eastern Asia, with the volume of exports resulting at X tons, which was near 79% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), making up a 20% share of total exports.

China was also the fastest-growing in terms of the resinoids exports, with a CAGR of +7.6% from 2012 to 2021. Taiwan (Chinese) (-11.6%) illustrated a downward trend over the same period. China (+45 p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) saw its share reduced by -31.3% from 2012 to 2021, respectively.

In value terms, China ($X) remains the largest resinoids supplier in Eastern Asia, comprising 89% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 9.3% share of total exports.

In China, resinoids exports increased at an average annual rate of +12.0% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, growing by 39% against the previous year. In general, the export price recorded noticeable growth. The most prominent rate of growth was recorded in 2013 when the export price increased by 62%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Taiwan (Chinese) stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.1%).

Resinoids Imports

Imports in Eastern Asia

In 2021, overseas purchases of resinoids decreased by -7.9% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2013 with an increase of 29%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, resinoids imports shrank rapidly to $X in 2021. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2019 with an increase of 62%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Hong Kong SAR (X tons) and China (X tons) prevails in imports structure, together mixing up 88% of total imports. It was distantly followed by Taiwan (Chinese) (X tons), achieving a 5.2% share of total imports. The following importers - South Korea (X tons) and Japan (X tons) - together made up 5.9% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +6.1%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, China ($X) constitutes the largest market for imported resinoids in Eastern Asia, comprising 51% of total imports. The second position in the ranking was taken by Japan ($X), with an 18% share of total imports. It was followed by Hong Kong SAR, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-14.8% per year) and Hong Kong SAR (-13.9% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2021, shrinking by -17.7% against the previous year. In general, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when the import price increased by 41%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+8.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for resinoids in Eastern Asia?
+
China remains the largest resinoids consuming country in Eastern Asia, comprising approx. 75% of total volume. Moreover, resinoids consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fivefold. The third position in this ranking was held by South Korea, with a 5.8% share.
What are the largest producers of resinoids in Eastern Asia?
+
China remains the largest resinoids producing country in Eastern Asia, accounting for 76% of total volume. Moreover, resinoids production in China exceeded the figures recorded by the second-largest producer, Japan, sixfold. Taiwan Chinese) ranked third in terms of total production with a 5.8% share.
What are the leading exporters of resinoids in Eastern Asia?
+
In value terms, China remains the largest resinoids supplier in Eastern Asia, comprising 89% of total exports. The second position in the ranking was held by Taiwan Chinese), with a 9.3% share of total exports.
What are the leading importers of resinoids in Eastern Asia?
+
In value terms, China constitutes the largest market for imported resinoids in Eastern Asia, comprising 51% of total imports. The second position in the ranking was held by Japan, with an 18% share of total imports. It was followed by Hong Kong SAR, with a 13% share.
What is the average export price for resinoids in Eastern Asia?
+
The export price in Eastern Asia stood at $6,695 per ton in 2021, rising by 39% against the previous year.
What is the average import price for resinoids in Eastern Asia?
+
In 2021, the import price in Eastern Asia amounted to $22,166 per ton, waning by -17.7% against the previous year.

This report provides an in-depth analysis of the resinoids market in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20531030 - Resinoids
Country coverage:
• Democratic People's Republic of Korea
• Macao SAR
• Taiwan (Chinese)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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