ASEAN: Market for Non-Ionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Non-Ionic Surface-Active Agents (Excluding Soap) in ASEAN

In 2021, the ASEAN market for non-ionic surface-active agents (excluding soap) increased by 3.6% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked in 2021 and is likely to see gradual growth in the near future.

Production of Non-Ionic Surface-Active Agents (Excluding Soap) in ASEAN

In value terms, non-ionic surface-active agents (excl. soap) production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 21% against the previous year. The level of production peaked at $X in 2020, and then reduced in the following year.

Exports of Non-Ionic Surface-Active Agents (Excluding Soap)

Exports in ASEAN

In 2021, shipments abroad of non-ionic surface-active agents (excluding soap) increased by 1.9% to X tons, rising for the fifth year in a row after two years of decline. Total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +78.1% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of 20% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, non-ionic surface-active agents (excl. soap) exports skyrocketed to $X in 2021. Total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +88.4% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X tons) and Malaysia (X tons) prevails in exports structure, together achieving 89% of total exports. It was distantly followed by Thailand (X tons), creating a 9.8% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +8.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest non-ionic surface-active agents (excl. soap) supplying countries in ASEAN were Singapore ($X), Malaysia ($X) and Thailand ($X), together accounting for 99% of total exports.

Malaysia, with a CAGR of +7.4%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries 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, rising by 28% against the previous year. Overall, the export price, however, saw a slight downturn. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per ton), while Malaysia ($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 (-0.8%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Ionic Surface-Active Agents (Excluding Soap)

Imports in ASEAN

In 2021, imports of non-ionic surface-active agents (excluding soap) in ASEAN surged to X tons, rising by 21% on the previous year. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.4% 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 +33.6% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-ionic surface-active agents (excl. soap) imports soared to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +37.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Vietnam (X tons), Indonesia (X tons) and Thailand (X tons) was the main importer of non-ionic surface-active agents (excluding soap) in ASEAN, generating 76% of total import. Singapore (X tons) held a 10% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (9.8%). The Philippines (X tons) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +17.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-ionic surface-active agents (excl. soap) importing markets in ASEAN were Vietnam ($X), Indonesia ($X) and Thailand ($X), together accounting for 72% of total imports.

Vietnam, with a CAGR of +18.3%, recorded the highest growth rate of the value of imports, among the main importing countries 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, increasing by 5.5% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Singapore ($X per ton) and Malaysia ($X per ton), while Indonesia ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+11.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform