ASEAN: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in ASEAN

The ASEAN market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X in 2021, with an increase of 3.2% against the previous year. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.1% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in ASEAN

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X in 2021 estimated in export price. Overall, production showed a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 25%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports in ASEAN

In 2021, shipments abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by 2.4% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2017 when exports increased by 375% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals expanded sharply to $X in 2021. In general, exports, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 758%. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X tons) and Vietnam (X tons) dominates non-metals structure, together creating 85% of total exports. Indonesia (X tons) held the next position in the ranking, followed by Thailand (X tons). All these countries together held near 12% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +16.8%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Singapore ($X) remains the largest chlorides and phosphorus oxychloride and halides supplier in ASEAN, comprising 76% of total exports. The second position in the ranking was held by Vietnam ($X), with a 17% share of total exports. It was followed by Malaysia, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value in Singapore amounted to -1.6%. In the other countries, the average annual rates were as follows: Vietnam (+13.3% per year) and Malaysia (-17.7% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2021, surging by 6.5% against the previous year. Overall, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when the export price increased by 81% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+30.0%), while the other leaders experienced more modest paces of growth.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports in ASEAN

In 2021, the amount of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals imported in ASEAN surged to X tons, increasing by 56% against the year before. Overall, imports showed a strong expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 95%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals soared to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +9.9% 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 +133.0% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore represented the largest importer of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in ASEAN, with the volume of imports recording X tons, which was approx. 49% of total imports in 2021. Malaysia (X tons) ranks second in terms of the total imports with a 31% share, followed by Indonesia (9.2%), Thailand (5.2%) and the Philippines (5.1%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of +36.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in ASEAN, comprising 73% of total imports. The second position in the ranking was held by Malaysia ($X), with a 15% share of total imports. It was followed by Thailand, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value in Singapore stood at +11.3%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (+4.1% per year) and Thailand (+26.3% per year).

Import Prices by Country

In 2021, the import price in ASEAN amounted to $X per ton, dropping by -16.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 66%. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+3.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform