Southern Asia: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in Southern Asia

The South Asian fluorescent brightening agents market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption enjoyed a buoyant expansion. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Fluorescent Brightening Agents Production in Southern Asia

In value terms, fluorescent brightening agents production fell 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; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

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Fluorescent Brightening Agents Exports

Exports in Southern Asia

In 2022, approx. X tons of synthetic organic products used as fluorescent brightening agents were exported in Southern Asia; with a decrease of X% against the previous year. Overall, exports recorded a perceptible downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, fluorescent brightening agents exports expanded remarkably to $X in 2022. Total exports indicated a mild 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India (X tons) represented roughly X% of total exports in 2022.

India was also the fastest-growing in terms of the synthetic organic products used as fluorescent brightening agents exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest fluorescent brightening agents supplier in Southern Asia.

In India, fluorescent brightening agents exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated a notable expansion 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. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Fluorescent Brightening Agents Imports

Imports in Southern Asia

In 2022, purchases abroad of synthetic organic products used as fluorescent brightening agents was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Total imports indicated a measured 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, fluorescent brightening agents imports declined to $X in 2022. Total imports indicated a pronounced 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Bangladesh was the largest importer of synthetic organic products used as fluorescent brightening agents in Southern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. India (X tons) held the second position in the ranking, followed by Pakistan (X tons). All these countries together took near X% share of total imports. The following importers - Afghanistan (X tons) and Sri Lanka (X tons) - each reached a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fluorescent brightening agents imports into Bangladesh stood at X%. At the same time, Afghanistan (X%) and India (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Pakistan experienced a relatively flat trend pattern. By contrast, Sri Lanka (X%) illustrated a downward trend over the same period. Bangladesh (X p.p.) and Afghanistan (X p.p.) significantly strengthened its position in terms of the total imports, while Sri Lanka, India and Pakistan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, India ($X), Bangladesh ($X) and Pakistan ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Sri Lanka and Afghanistan lagged somewhat behind, together comprising a further X%.

Afghanistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 Southern Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

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

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

Source: IndexBox Platform