Asia: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Asia

The Asian chemical contraceptive preparations market surged to $X in 2021, picking up by 22% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +60.6% against 2017 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the near future.

Chemical Contraceptive Preparations Production in Asia

In value terms, chemical contraceptive preparations production totaled $X in 2021 estimated in export price. Overall, production, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 52% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Chemical Contraceptive Preparations Exports

Exports in Asia

In 2021, exports of chemical contraceptive preparations based on hormones or spermicides in Asia rose slightly to X tons, increasing by 4.1% compared with 2020. Total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +47.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the near future.

In value terms, chemical contraceptive preparations exports declined modestly to $X in 2021. Overall, exports recorded prominent growth. The pace of growth was the most pronounced in 2014 with an increase of 41%. The level of export peaked at $X in 2020, and then reduced modestly in the following year.

Exports by Country

India represented the key exporter of chemical contraceptive preparations based on hormones or spermicides in Asia, with the volume of exports amounting to X tons, which was near 70% of total exports in 2021. It was distantly followed by Thailand (X tons) and Indonesia (X tons), together achieving a 22% share of total exports. China (X tons) and Malaysia (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +1.4% from 2012 to 2021. At the same time, Indonesia (+38.9%), Malaysia (+19.8%), China (+13.8%) and Thailand (+2.4%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +38.9% from 2012-2021. Indonesia (+5.3 p.p.), China (+1.9 p.p.) and Malaysia (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -8.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest chemical contraceptive preparations supplier in Asia, comprising 66% of total exports. The second position in the ranking was held by China ($X), with a 13% share of total exports. It was followed by Thailand, with a 6.7% share.

In India, chemical contraceptive preparations exports increased at an average annual rate of +15.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: China (+16.7% per year) and Thailand (+3.9% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, declining by -3.9% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 60%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+13.5%), while the other leaders experienced more modest paces of growth.

Chemical Contraceptive Preparations Imports

Imports in Asia

In 2021, overseas purchases of chemical contraceptive preparations based on hormones or spermicides increased by 44% to X tons, rising for the fourth year in a row after four years of decline. Total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.4% 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 +89.6% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chemical contraceptive preparations imports soared to $X in 2021. Over the period under review, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Vietnam (X tons) and the Philippines (X tons) represented roughly 27% of total imports in 2021. China (X tons) held a 7.1% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (6.7%), Cambodia (5%), Saudi Arabia (4.8%) and Indonesia (4.6%). The following importers - Turkey (X tons), South Korea (X tons), Pakistan (X tons), the United Arab Emirates (X tons), Brunei Darussalam (X tons) and Israel (X tons) - together made up 19% of total imports.

From 2012 to 2021, the biggest increases were recorded for Brunei Darussalam (with a CAGR of +66.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported chemical contraceptive preparations based on hormones or spermicides in Asia, comprising 41% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 7.5% share of total imports. It was followed by the Philippines, with a 5.5% share.

In China, chemical contraceptive preparations imports increased at an average annual rate of +26.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+17.0% per year) and the Philippines (+13.7% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, surging by 5.2% against the previous year. Import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, chemical contraceptive preparations import price increased by +69.2% against 2015 indices. The pace of growth was the most pronounced in 2017 when the import price increased by 17% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+16.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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