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Discover how the global market for cyclic hydrocarbons is expected to grow over the next six years, driven by increasing demand worldwide. Market volume is projected to reach 131M tons by 2030, with a value of $164.6B.
From 2020 to 2023, the growth of imports failed to regain momentum. In value terms, Cyclic Hydrocarbons imports contracted markedly to $535M in 2023.
During the review period, Cyclic Hydrocarbons exports reached a peak of 4.9M tons in 2018. However, from 2019 to 2023, exports declined to lower levels. In terms of value, Cyclic Hydrocarbons exports dropped notably to $3.4B in 2023.
Imports of Cyclic Hydrocarbons reached their highest point at 802K tons in 2021, but unfortunately, from 2022 to 2023, they were unable to recover their momentum. In terms of value, imports of Cyclic Hydrocarbons notably decreased to $868M in 2023.
During the review period, the peak import volume of Cyclic Hydrocarbons was reached at 567K tons in 2019. However, from 2020 to 2023, imports consistently stayed at a lower level. In terms of value, imports of Cyclic Hydrocarbons significantly declined to $535M in 2023.
Explore the top countries leading in the import of cyclic hydrocarbons, their import values, and key statistics in 2022.
In October 2023, the rate of growth for Cyclic Hydrocarbons reached its highest point, with a monthly increase of 13%. However, the value of cyclic hydrocarbons exports significantly declined to $296M in November 2023.
Exports of Cyclic Hydrocarbons experienced a decline in growth from June 2023 to September 2023. In terms of value, the exports contracted rapidly, reaching $27M in September 2023.
In June 2023, the price of cyclic hydrocarbons in Hong Kong was $1,085 per ton (CIF), showing a decrease of 6% compared to the previous month.
The price of Cyclic Hydrocarbons in June 2023 was $1,504 per ton (CIF, Qatar), showing a decrease of -5.3% compared to the previous month.
In March 2023, the cyclic hydrocarbons price stood at $1,042 per ton (FOB, India), jumping by 15% against the previous month.
In March 2023, the cyclic hydrocarbons price stood at $1,033 per ton (CIF, China), increasing by 2.4% against the previous month.