Asia: Ethylene Dichloride Market 2024

Ethylene Dichloride Market Size in Asia

The Asian ethylene dichloride market declined dramatically to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, saw a modest increase. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Ethylene Dichloride Production in Asia

In value terms, ethylene dichloride production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Ethylene Dichloride Exports

Exports in Asia

In 2022, overseas shipments of X-dichloroethane (ethylene dichloride) decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Total exports indicated a measured 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then dropped in the following year.

In value terms, ethylene dichloride exports stood at $X in 2022. Overall, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Saudi Arabia (X tons), distantly followed by Indonesia (X tons), South Korea (X tons), Taiwan (Chinese) (X tons) and China (X tons) represented the key exporters of X-dichloroethane (ethylene dichloride), together making up X% of total exports. Japan (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene dichloride supplying countries in Asia were Saudi Arabia ($X), South Korea ($X) and Indonesia ($X), with a combined X% share of total exports. Taiwan (Chinese), China and Japan lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the export price in Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price saw resilient growth. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Ethylene Dichloride Imports

Imports in Asia

In 2022, purchases abroad of X-dichloroethane (ethylene dichloride) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then fell remarkably in the following year.

In value terms, ethylene dichloride imports shrank to $X in 2022. Total imports indicated strong growth 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 most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

The purchases of the three major importers of X-dichloroethane (ethylene dichloride), namely India, Thailand and Taiwan (Chinese), represented more than two-thirds of total import. It was distantly followed by China (X tons), committing a X% share of total imports. Japan (X tons) and Pakistan (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Thailand ($X) and Taiwan (Chinese) ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. China, Pakistan and Japan lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Pakistan, with a CAGR of X%, recorded 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

In 2022, the import price in Asia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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