South-Eastern Asia: Cyclohexane Market 2024

Cyclohexane Market Size in South-Eastern Asia

In 2022, the Southeast Asian cyclohexane market increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption, however, showed a noticeable descent. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Cyclohexane Production in South-Eastern Asia

In value terms, cyclohexane production shrank markedly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Cyclohexane Exports

Exports in South-Eastern Asia

After two years of growth, overseas shipments of cyclohexane decreased by X% to X tons in 2022. Overall, exports recorded a noticeable decrease. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyclohexane exports fell rapidly to $X in 2022. In general, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand dominates exports structure, recording X tons, which was near X% of total exports in 2022. Brunei Darussalam (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cyclohexane exports from Thailand stood at X%. Brunei Darussalam experienced a relatively flat trend pattern. Brunei Darussalam (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Thailand ($X) remains the largest cyclohexane supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Brunei Darussalam ($X), with a X% share of total exports.

In Thailand, cyclohexane exports decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, recorded a slight setback. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brunei Darussalam ($X per ton), while Thailand totaled $X per ton.

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

Cyclohexane Imports

Imports in South-Eastern Asia

In 2022, the amount of cyclohexane imported in South-Eastern Asia contracted significantly to X tons, waning by X% compared with the previous year's figure. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cyclohexane imports shrank to $X in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X tons) and Indonesia (X tons) were the key importers of cyclohexane in 2022, finishing at approx. X% and X% of total imports, respectively. It was distantly followed by Vietnam (X tons), comprising an X% share of total imports. The following importers - Thailand (X tons) and Malaysia (X tons) - each amounted to a 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 mixed trends in the imports figures.

In value terms, Singapore ($X), Indonesia ($X) and Vietnam ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Indonesia, 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. Import price indicated measured growth from 2012 to 2022: its price 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, cyclohexane import price increased by X% against 2019 indices. 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 Thailand ($X per ton), while Vietnam ($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 more modest paces of growth.

Source: IndexBox Platform

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