South-Eastern Asia: Caustic Soda Market 2024

Caustic Soda Market Size in South-Eastern Asia

In 2022, the Southeast Asian caustic soda market was finally on the rise to reach $X after two years of decline. The total consumption indicated a noticeable increase 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. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Caustic Soda Production in South-Eastern Asia

In value terms, caustic soda production expanded markedly 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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Caustic Soda Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of caustic soda were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports continue to indicate a resilient increase. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, caustic soda exports soared to $X in 2022. Over the period under review, exports continue to indicate buoyant growth. 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

In 2022, Indonesia (X tons) was the largest exporter of caustic soda, generating X% of total exports. Thailand (X tons) ranks second in terms of the total exports with a X% share, followed by Malaysia (X%). Singapore (X tons) followed a long way behind the leaders.

Indonesia was also the fastest-growing in terms of the caustic soda exports, with a CAGR of X% from 2012 to 2022. At the same time, Singapore (X%), Thailand (X%) and Malaysia (X%) displayed positive paces of growth. From 2012 to 2022, the share of Indonesia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest caustic soda supplying countries in South-Eastern Asia were Indonesia ($X), Thailand ($X) and Malaysia ($X), with a combined X% share of total exports.

Among the main exporting countries, Indonesia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a slight decline. The level of export peaked at $X per ton in 2012; however, from 2013 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 Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

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

Caustic Soda Imports

Imports in South-Eastern Asia

In 2022, after two years of decline, there was significant growth in overseas purchases of caustic soda, when their volume increased by X% to X tons. Over the period under review, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, caustic soda imports soared to $X in 2022. Overall, imports continue to indicate a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Indonesia (X tons), Vietnam (X tons) and Malaysia (X tons) represented roughly X% of total imports in 2022. The Philippines (X tons) took the next position in the ranking, followed by Singapore (X tons) and Thailand (X tons). All these countries together held near X% share of total imports.

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

In value terms, Indonesia ($X) constitutes the largest market for imported caustic soda in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

In Indonesia, caustic soda imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Malaysia (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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