South-Eastern Asia: Unsaturated Monohydric Alcohols Market 2024

Unsaturated Monohydric Alcohols Market Size in South-Eastern Asia

The Southeast Asian unsaturated monohydric alcohols market reduced sharply to $X in 2023, waning by X% against the previous year. Over the period under review, consumption showed a perceptible decline. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market failed to regain momentum.

Unsaturated Monohydric Alcohols Production in South-Eastern Asia

In value terms, unsaturated monohydric alcohols production rose modestly to $X in 2023 estimated in export price. In general, production showed a strong increase. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2021; afterwards, it flattened through to 2023.

Unsaturated Monohydric Alcohols Exports

Exports in South-Eastern Asia

In 2023, approx. X tons of unsaturated monohydric alcohols were exported in South-Eastern Asia; jumping by X% compared with the year before. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, unsaturated monohydric alcohols exports expanded significantly to $X in 2023. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in the immediate term.

Exports by Country

Singapore prevails in exports structure, recording X tons, which was near X% of total exports in 2023. Malaysia (X tons) held a relatively small share of total exports.

Exports from Singapore increased at an average annual rate of X% from 2012 to 2023. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2023. While the share of Singapore (X p.p.) and Malaysia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest unsaturated monohydric alcohols supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Singapore totaled X%.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the export price saw a abrupt downturn. The growth pace was the most rapid in 2022 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, 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 Malaysia ($X per ton), while Singapore amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%).

Unsaturated Monohydric Alcohols Imports

Imports in South-Eastern Asia

Unsaturated monohydric alcohols imports dropped notably to X tons in 2023, with a decrease of X% against 2022 figures. Total imports indicated a measured increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, unsaturated monohydric alcohols imports shrank rapidly to $X in 2023. Total imports indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2022, and then contracted rapidly in the following year.

Imports by Country

Singapore was the largest importer of unsaturated monohydric alcohols in South-Eastern Asia, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2023. Indonesia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%).

Imports into Singapore increased at an average annual rate of X% from 2012 to 2023. At the same time, Malaysia (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2023. While the share of Malaysia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Indonesia (X p.p.) and Singapore (X p.p.) displayed negative dynamics.

In value terms, Singapore ($X), Indonesia ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Among the main importing countries, Malaysia, with a CAGR of X%, saw 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

In 2023, the import price in South-Eastern Asia amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, 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 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform