Southern Asia: Inorganic Composite Solvents Market 2020

Inorganic Composite Solvents Market Size in Southern Asia

The revenue of the inorganic composite solvents market in Southern Asia amounted to $X in 2017, stabilizing at the previous year. The inorganic composite solvents consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. In that year, the inorganic composite solvents market reached their peak level of $X. From 2011 to 2017, growth of the inorganic composite solvents market stood at a somewhat lower level.

Inorganic Composite Solvents Production in Southern Asia

In 2017, approx. X tons of inorganic composite solvents and thinners for varnishes were produced in Southern Asia; lowering by -X% against the previous year. The inorganic composite solvents production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, when it surged by X% against the previous year. In that year, the inorganic composite solvents production reached their peak volume of X tons. From 2014 to 2017, growth of the inorganic composite solvents production failed to regain its momentum.

Inorganic Composite Solvents Exports in Southern Asia

The exports stood at X tons in 2017, picking up by X% against the previous year. The inorganic composite solvents exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Over the period under review, the inorganic composite solvents exports attained its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, inorganic composite solvents exports amounted to $X in 2017. The inorganic composite solvents exports continue to indicate a prominent increase. The level of exports peaked in 2017, and are likely to continue its growth in the immediate term.

Inorganic Composite Solvents Exports by Country in Southern Asia

India (X tons) represented roughly X% of total exports of inorganic composite solvents and thinners for varnishes in 2017.

India was also the fastest growing in terms of the inorganic composite solvents and thinners for varnishes exports, with a CAGR of +X% from 2007 to 2017. While the share of India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest inorganic composite solvents supplier in Southern Asia.

In India, inorganic composite solvents exports increased at an average annual rate of +X% over the period from 2007-2017.

Inorganic Composite Solvents Export Prices by Country in Southern Asia

In 2017, the inorganic composite solvents export price in Southern Asia amounted to $X per ton, waning by -X% against the previous year. The inorganic composite solvents export price continues to indicate a moderate contraction. The most prominent rate of growth was recorded in 2009, an increase of X% y-o-y. In that year, the export prices for inorganic composite solvents and thinners for varnishes reached their peak level of $X per ton. From 2010 to 2017, growth of the export prices for inorganic composite solvents and thinners for varnishes stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for India.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Inorganic Composite Solvents Imports in Southern Asia

In 2017, imports of inorganic composite solvents and thinners for varnishes in Southern Asia stood at X tons, going up by X% against the previous year. The inorganic composite solvents imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, inorganic composite solvents imports totaled $X in 2017. The inorganic composite solvents imports continue to indicate a prominent increase. Over the period under review, the inorganic composite solvents imports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Inorganic Composite Solvents Imports by Country in Southern Asia

India was the key importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Pakistan (X tons), Bangladesh (X tons) and Sri Lanka (X tons), together generating X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to inorganic composite solvents imports into India stood at +X%. At the same time, Bangladesh (+X%), Sri Lanka (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Sri Lanka, Bangladesh and India decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported inorganic composite solvents and thinners for varnishes in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Bangladesh, with a X% share.

In India, inorganic composite solvents imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and Bangladesh (+X% per year).

Inorganic Composite Solvents Import Prices by Country in Southern Asia

The inorganic composite solvents import price in Southern Asia stood at $X per ton in 2017, dropping by -X% against the previous year. The inorganic composite solvents import price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. In that year, the import prices for inorganic composite solvents and thinners for varnishes reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for inorganic composite solvents and thinners for varnishes stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Pakistan ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Pakistan (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform