South-Eastern Asia: Aluminium Hydroxide Market 2024

Aluminium Hydroxide Market Size in South-Eastern Asia

In 2022, the Southeast Asian aluminium hydroxide market decreased by X% to $X, falling for the second year in a row after two years of growth. The market 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. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Aluminium Hydroxide Production in South-Eastern Asia

In value terms, aluminium hydroxide production rose significantly to $X in 2022 estimated in export price. The total production indicated a buoyant 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Aluminium Hydroxide Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of aluminium hydroxide were exported in South-Eastern Asia; picking up by X% on the previous year's figure. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, aluminium hydroxide exports surged to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Indonesia (X tons) and Vietnam (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%).

In value terms, the largest aluminium hydroxide supplying countries in South-Eastern Asia were Vietnam ($X) and Indonesia ($X).

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, jumping by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

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

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

Aluminium Hydroxide Imports

Imports in South-Eastern Asia

Aluminium hydroxide imports reduced to X tons in 2022, which is down by X% on the previous year. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, aluminium hydroxide imports expanded sharply to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Thailand (X tons), Indonesia (X tons) and Malaysia (X tons) represented roughly X% of total imports in 2022. The following importers - the Philippines (X tons) and Vietnam (X tons) - each accounted for an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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