ASEAN: Market for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives 2024

Market Size for Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in ASEAN

The ASEAN market for aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives declined modestly to $X in 2023, remaining constant against the previous year. In general, consumption recorded a mild downturn. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Production of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives in ASEAN

In value terms, production of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives declined slightly to $X in 2023 estimated in export price. Over the period under review, production recorded a mild reduction. The pace of growth was the most pronounced in 2019 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Exports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Exports in ASEAN

In 2023, shipments abroad of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, exports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives fell remarkably to $X in 2023. In general, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2022, and then contracted significantly in the following year.

Exports by Country

Indonesia represented the largest exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Singapore (X tons) and Thailand (X tons), together constituting a X% share of total exports.

Exports from Indonesia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Thailand (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2023. While the share of Thailand (X p.p.) and Singapore (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Indonesia (X p.p.) displayed negative dynamics.

In value terms, Indonesia ($X) remains the largest aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Indonesia stood at X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price, however, saw a temperate increase. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2022, and then dropped in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Aromatic Ethers And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives

Imports in ASEAN

Imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives rose to X tons in 2023, with an increase of X% compared with 2022. In general, imports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives reduced to $X in 2023. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

Indonesia was the largest importing country with an import of about X tons, which reached X% of total imports. Malaysia (X tons) ranks second in terms of the total imports with a X% share, followed by Singapore (X%) and Thailand (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Indonesia ($X) constitutes the largest market for imported aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

In Indonesia, imports of aromatic ethers and their halogenated, sulphonated, nitrated or nitrosated derivatives expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Singapore (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2023, waning by X% against the previous year. Overall, the import price, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2022, and then dropped dramatically in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Indonesia ($X per ton) and Thailand ($X per ton), while Malaysia ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform