Southern Asia: Market for Unsaturated Polyesters In Primary Forms 2024

Market Size for Unsaturated Polyesters In Primary Forms in Southern Asia

The South Asian market for unsaturated polyesters in primary forms stood at $X in 2022, approximately mirroring the previous year. The total consumption indicated a measured 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 decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Production of Unsaturated Polyesters In Primary Forms in Southern Asia

In value terms, unsaturated polyesters in primary forms production reached $X in 2022 estimated in export price. The total production 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Unsaturated Polyesters In Primary Forms

Exports in Southern Asia

In 2022, overseas shipments of unsaturated polyesters in primary forms increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, unsaturated polyesters in primary forms exports soared to $X in 2022. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, India (X tons) represented the major exporter of unsaturated polyesters in primary forms in Southern Asia, generating X% of total export.

India was also the fastest-growing in terms of the unsaturated polyesters in primary forms 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 unsaturated polyesters in primary forms supplier in Southern Asia.

In India, unsaturated polyesters in primary forms 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, picking up 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 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2022 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.

Imports of Unsaturated Polyesters In Primary Forms

Imports in Southern Asia

Unsaturated polyesters in primary forms imports declined to X tons in 2022, falling by X% on 2021 figures. Total imports indicated measured growth 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 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of import peaked at X tons in 2021, and then contracted in the following year.

In value terms, unsaturated polyesters in primary forms imports amounted to $X in 2022. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 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.

Imports by Country

India was the largest importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Bangladesh (X tons), making up a X% share of total imports. The following importers - Nepal (X tons), Maldives (X tons) and Sri Lanka (X tons) - each resulted at a X% share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Nepal (X%), Maldives (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Sri Lanka experienced a relatively flat trend pattern. From 2012 to 2022, the share of Nepal increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported unsaturated polyesters in primary forms in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with an X% share of total imports. It was followed by Maldives, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Maldives (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated slight 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, unsaturated polyesters in primary forms import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform