South-Eastern Asia: Acyclic Hydrocarbons Market 2024

Acyclic Hydrocarbons Market Size in South-Eastern Asia

In 2020, the Southeast Asian acyclic hydrocarbons market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a pronounced decrease. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2020, consumption failed to regain momentum.

Acyclic Hydrocarbons Production in South-Eastern Asia

In value terms, acyclic hydrocarbons production contracted notably to $X in 2020 estimated in export price. In general, production recorded a noticeable contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2020, production failed to regain momentum.

Acyclic Hydrocarbons Exports

Exports in South-Eastern Asia

In 2020, overseas shipments of acyclic hydrocarbons decreased by X% to X tons for the first time since 2015, thus ending a four-year rising trend. The total export volume increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked at X tons in 2019, and then reduced remarkably in the following year.

In value terms, acyclic hydrocarbons exports contracted sharply to $X in 2020. Overall, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Singapore (X tons), Malaysia (X tons) and Thailand (X tons), together reaching X% of total export. Vietnam (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (X%).

From 2012 to 2020, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) appeared to be the countries with the highest levels of exports in 2020, together accounting for X% of total exports. Indonesia and Vietnam lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2020, the export price in South-Eastern Asia amounted to $X per ton, which is down by X% against the previous year. In general, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, the export prices stood at a somewhat lower figure.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the export price figures.

Acyclic Hydrocarbons Imports

Imports in South-Eastern Asia

In 2020, approx. X tons of acyclic hydrocarbons were imported in South-Eastern Asia; increasing by X% on 2019 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of import peaked in 2020 and is expected to retain growth in the immediate term.

In value terms, acyclic hydrocarbons imports fell to $X in 2020. In general, imports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2020, the growth of imports remained at a lower figure.

Imports by Country

Indonesia was the key importer of acyclic hydrocarbons in South-Eastern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2020. Singapore (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%) and Thailand (X%). The Philippines (X tons) followed a long way behind the leaders.

From 2012 to 2020, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest acyclic hydrocarbons importing markets in South-Eastern Asia were Indonesia ($X), Singapore ($X) and Thailand ($X), with a combined X% share of total imports. Malaysia and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Philippines, 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 South-Eastern Asia stood at $X per ton in 2020, reducing by X% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2020, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was Thailand ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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