ASEAN: Unsaturated Monohydric Alcohols Market 2024

Unsaturated Monohydric Alcohols Market Size in ASEAN

The ASEAN unsaturated monohydric alcohols market skyrocketed to $X in 2022, with an increase of X% against the previous year. In general, consumption continues to indicate a notable increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Unsaturated Monohydric Alcohols Production in ASEAN

In value terms, unsaturated monohydric alcohols production rose markedly to $X in 2022 estimated in export price. In general, production recorded a prominent expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Unsaturated Monohydric Alcohols Exports

Exports in ASEAN

In 2022, the amount of unsaturated monohydric alcohols exported in ASEAN reduced notably to X tons, dropping by X% on 2021. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, unsaturated monohydric alcohols exports dropped slightly to $X in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

Singapore dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. Malaysia (X tons) followed a long way behind the leaders.

Exports from Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Singapore increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest unsaturated monohydric alcohols supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Singapore totaled X%.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 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 Malaysia ($X per ton), while Singapore amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%).

Unsaturated Monohydric Alcohols Imports

Imports in ASEAN

For the third consecutive year, ASEAN recorded growth in supplies from abroad of unsaturated monohydric alcohols, which increased by X% to X tons in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, unsaturated monohydric alcohols imports rose significantly to $X in 2022. Total imports indicated a noticeable expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Singapore was the main importing country with an import of about X tons, which reached X% of total imports. Malaysia (X tons) ranks second in terms of the total imports with a X% share, followed by Indonesia (X%). The Philippines (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported unsaturated monohydric alcohols in ASEAN, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports. It was followed by Malaysia, with an X% share.

In Singapore, unsaturated monohydric alcohols imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, continues to indicate a mild setback. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, 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 Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform