ASEAN: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in ASEAN

The ASEAN chemical contraceptive preparations market soared to $X in 2021, growing by 46% against the previous year. Overall, consumption posted a prominent expansion. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the near future.

Chemical Contraceptive Preparations Production in ASEAN

In value terms, chemical contraceptive preparations production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by 85% against the previous year. The level of production peaked at $X in 2020, and then declined modestly in the following year.

Chemical Contraceptive Preparations Exports

Exports in ASEAN

Chemical contraceptive preparations exports rose remarkably to X tons in 2021, increasing by 8.2% compared with the previous year. Over the period under review, exports showed a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by 71%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, chemical contraceptive preparations exports expanded modestly to $X in 2021. In general, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of 128% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Thailand was the major exporter of chemical contraceptive preparations based on hormones or spermicides in ASEAN, with the volume of exports recording X tons, which was near 67% of total exports in 2021. Indonesia (X tons) ranks second in terms of the total exports with a 23% share, followed by Malaysia (8.5%).

From 2012 to 2021, average annual rates of growth with regard to chemical contraceptive preparations exports from Thailand stood at +2.4%. At the same time, Indonesia (+38.9%) and Malaysia (+19.8%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +38.9% from 2012-2021. From 2012 to 2021, the share of Indonesia and Malaysia increased by +21 and +5.6 percentage points, respectively.

In value terms, Thailand ($X), Indonesia ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2021, together accounting for 95% of total exports.

In terms of the main exporting countries, Indonesia, with a CAGR of +35.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2021, shrinking by -3.7% against the previous year. Over the period under review, the export price, however, posted strong growth. The pace of growth was the most pronounced in 2019 when the export price increased by 76% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+5.7%), while the other leaders experienced mixed trends in the export price figures.

Chemical Contraceptive Preparations Imports

Imports in ASEAN

In 2021, the amount of chemical contraceptive preparations based on hormones or spermicides imported in ASEAN skyrocketed to X tons, picking up by 68% on the previous year. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +98.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chemical contraceptive preparations imports skyrocketed to $X in 2021. In general, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Vietnam (X tons) and the Philippines (X tons) were the key importers of chemical contraceptive preparations based on hormones or spermicides in 2021, reaching approx. 30% and 23% of total imports, respectively. Thailand (X tons) held the next position in the ranking, followed by Cambodia (X tons), Indonesia (X tons) and Brunei Darussalam (X tons). All these countries together held approx. 36% share of total imports. Malaysia (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Brunei Darussalam (with a CAGR of +66.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chemical contraceptive preparations importing markets in ASEAN were Vietnam ($X), the Philippines ($X) and Thailand ($X), with a combined 65% share of total imports. These countries were followed by Malaysia, Brunei Darussalam, Cambodia and Indonesia, which together accounted for a further 29%.

Among the main importing countries, Brunei Darussalam, with a CAGR of +83.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2021, waning by -5.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2019 when the import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+16.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform