South-Eastern Asia: Other Chemical Products Market 2024

Other Chemical Products Market Size in South-Eastern Asia

The Southeast Asian other chemical products market reduced slightly to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a sharp setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Other Chemical Products Production in South-Eastern Asia

In value terms, other chemical products production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a dramatic decline. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Other Chemical Products Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of other chemical products were exported in South-Eastern Asia; surging by X% compared with the previous year. Overall, exports, however, faced a sharp shrinkage. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, other chemical products exports rose markedly to $X in 2022. In general, exports, however, saw a dramatic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. Lao People's Democratic Republic (X tons) followed a long way behind the leaders.

Exports from Vietnam decreased at an average annual rate of X% from 2012 to 2022. At the same time, Lao People's Democratic Republic (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Vietnam (X p.p.) and Lao People's Democratic Republic (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest other chemical products supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a X% share of total exports.

In Vietnam, other chemical products exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Vietnam amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (X%).

Other Chemical Products Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of other chemical products decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, other chemical products imports shrank to $X in 2022. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of other chemical products imports in 2022 were Vietnam (X tons), together recording X% of total import.

Vietnam was also the fastest-growing in terms of the other chemical products imports, with a CAGR of X% from 2012 to 2022. While the share of Vietnam (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported other chemical products in South-Eastern Asia.

In Vietnam, other chemical products imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, almost unchanged from the previous year. Import price indicated perceptible 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, other chemical products import price increased by X% against 2018 indices. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then reduced slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

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

Source: IndexBox Platform

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