South-Eastern Asia: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in South-Eastern Asia

The Southeast Asian odoriferous substance mixture market reached $X in 2022, increasing by X% against the previous year. The total consumption indicated a prominent 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, consumption increased by X% against 2012 indices. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Odoriferous Substance Mixture Production in South-Eastern Asia

In value terms, odoriferous substance mixture production totaled $X in 2022 estimated in export price. The total production indicated a remarkable 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. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Odoriferous Substance Mixture Exports

Exports in South-Eastern Asia

In 2022, the amount of mixtures of odoriferous substances and their preparations exported in South-Eastern Asia rose notably to X tons, growing by X% on the year before. Total exports indicated a resilient increase from 2012 to 2022: its volume 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, exports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2018 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, odoriferous substance mixture exports expanded rapidly to $X in 2022. Over the period under review, exports recorded a perceptible increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Singapore was the largest exporter of mixtures of odoriferous substances and their preparations in South-Eastern Asia, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. Indonesia (X tons) held the second position in the ranking, followed by Thailand (X tons) and Malaysia (X tons). All these countries together held near X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to odoriferous substance mixture exports from Singapore stood at X%. At the same time, Indonesia (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Indonesia (X p.p.), Malaysia (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Singapore ($X) remains the largest odoriferous substance mixture supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with an X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Singapore stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Indonesia ($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.

Odoriferous Substance Mixture Imports

Imports in South-Eastern Asia

In 2022, imports of mixtures of odoriferous substances and their preparations in South-Eastern Asia rose sharply to X tons, with an increase of X% against the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, odoriferous substance mixture imports reached $X in 2022. Total imports indicated resilient growth 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, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

The countries with the highest levels of odoriferous substance mixture imports in 2022 were Thailand (X tons), the Philippines (X tons), Vietnam (X tons) and Indonesia (X tons), together finishing at X% of total import. It was distantly followed by Malaysia (X tons) and Singapore (X tons), together making up a X% share of total imports. Myanmar (X tons) took a minor share of total imports.

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

In value terms, Thailand ($X), Vietnam ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. The Philippines, Malaysia, Singapore and Myanmar lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Myanmar, with a CAGR of X%, recorded the highest growth rate of 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, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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