Asia: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Asia

The Asian anti-freezing preparations market totaled $X in 2021, remaining stable against the previous year. The total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.1% 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 increased by +56.8% against 2012 indices. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the near future.

Anti-Freezing Preparations Production in Asia

In value terms, anti-freezing preparations production dropped slightly to $X in 2021 estimated in export price. The total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +56.3% against 2012 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 19% against the previous year. The level of production peaked at $X in 2020, and then dropped modestly in the following year.

Anti-Freezing Preparations Exports

Exports in Asia

In 2021, the amount of anti-freezing preparations and prepared de-icing fluids exported in Asia skyrocketed to X tons, growing by 22% against the previous year. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when exports increased by 27%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, anti-freezing preparations exports surged to $X in 2021. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Turkey (X tons), Japan (X tons), Thailand (X tons), South Korea (X tons), the United Arab Emirates (X tons), Indonesia (X tons), Singapore (X tons) and India (X tons) represented roughly 90% of total exports in 2021.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +171.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and South Korea ($X) constituted the countries with the highest levels of exports in 2021, with a combined 46% share of total exports. Turkey, Thailand, Singapore, the United Arab Emirates, Indonesia and India lagged somewhat behind, together accounting for a further 45%.

Indonesia, with a CAGR of +140.0%, 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

The export price in Asia stood at $X per ton in 2021, growing by 7.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 7.5% against the previous year. The level of export peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the other leaders experienced mixed trends in the export price figures.

Anti-Freezing Preparations Imports

Imports in Asia

Anti-freezing preparations imports skyrocketed to X tons in 2021, increasing by 25% compared with the previous year. Total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, anti-freezing preparations imports surged to $X in 2021. The total import value increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Kazakhstan (X tons), distantly followed by Turkey (X tons), China (X tons), the United Arab Emirates (X tons), Mongolia (X tons) and Kyrgyzstan (X tons) were the main importers of anti-freezing preparations and prepared de-icing fluids, together constituting 51% of total imports. Iraq (X tons), Indonesia (X tons), the Philippines (X tons), South Korea (X tons), Azerbaijan (X tons), Singapore (X tons) and Taiwan (Chinese) (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Singapore (with a CAGR of +21.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 34% share of total imports. The United Arab Emirates, South Korea, Singapore, Indonesia, Mongolia, the Philippines, Taiwan (Chinese), Iraq, Kyrgyzstan and Azerbaijan lagged somewhat behind, together accounting for a further 33%.

Among the main importing countries, Singapore, with a CAGR of +15.9%, recorded the highest growth rate of 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 2021, the import price in Asia amounted to $X per ton, surging by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a slight slump. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :