Overview of the Global Market for Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide)

Market Size for Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide)

The global market for epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) expanded to $X in 2023, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the global market failed to regain momentum.

Production of Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A X- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide)

In value terms, production of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) amounted to $X in 2023 estimated in export price. In general, the total production indicated a mild increase from 2012 to 2023: its value 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, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, production reached the peak level of $X. From 2022 to 2023, global production of growth remained at a somewhat lower figure.

Exports of Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide)

Exports

After three years of growth, shipments abroad of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) decreased by X% to X tons in 2023. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the global exports of reached the maximum at X tons in 2022, and then dropped markedly in the following year.

In value terms, exports of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) declined rapidly to $X in 2023. Overall, exports, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. The global exports peaked at $X in 2022, and then contracted significantly in the following year.

Exports by Country

In 2023, Thailand (X tons) was the largest exporter of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide), committing X% of total exports. China (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%), Japan (X%), the Netherlands (X%), South Korea (X%) and the United States (X%).

Thailand was also the fastest-growing in terms of the epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) exports, with a CAGR of X% from 2012 to 2023. At the same time, China (X%) and South Korea (X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), the United States (X%) and Germany (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.), China (X p.p.) and South Korea (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of the Netherlands (X p.p.), the United States (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) supplying countries worldwide were China ($X), the Netherlands ($X) and Thailand ($X), with a combined X% share of global exports.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2022, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Imports of Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide)

Imports

In 2023, after two years of growth, there was significant decline in supplies from abroad of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide), when their volume decreased by X% to X tons. In general, total imports indicated a notable expansion from 2012 to 2023: its volume 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 pace of growth was the most pronounced in 2022 when imports increased by X%. As a result, imports reached the peak of X tons, and then dropped significantly in the following year.

In value terms, imports of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) declined dramatically to $X in 2023. Overall, imports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Global imports peaked at $X in 2022, and then declined markedly in the following year.

Imports by Country

South Korea (X tons) and India (X tons) were the key importers of epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) in 2023, reaching approx. X% and X% of total imports, respectively. The United States (X tons) ranks next in terms of the total imports with an X% share, followed by Germany (X%), the Netherlands (X%), Italy (X%) and Switzerland (X%). Japan (X tons), Taiwan (Chinese) (X tons), China (X tons), Spain (X tons), France (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) importing markets worldwide were South Korea ($X), the United States ($X) and Germany ($X), with a combined X% share of global imports. India, the Netherlands, Italy, China, Switzerland, Japan, Taiwan (Chinese), France, Spain and Brazil lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2023: its price 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, import price for epoxides, epoxyalcohols, -phenols, epoxyethers, with a X- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Global import price peaked at $X per ton in 2022, and then dropped in the following year.

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 China ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform