Asia: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Asia

In 2022, the Asian market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -6.6% to $X, falling for the second consecutive year after three years of growth. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -9.3% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Asia

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof fell modestly to $X in 2022 estimated in export price. The total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.0% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 38% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports in Asia

In 2022, shipments abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by 11% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 37% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof expanded sharply to $X in 2022. In general, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 55%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

China represented the largest exporter of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof in Asia, with the volume of exports resulting at X tons, which was near 75% of total exports in 2022. It was distantly followed by Japan (X tons) and Taiwan (Chinese) (X tons), together constituting a 19% share of total exports. India (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +14.7% from 2012 to 2022. At the same time, Japan (+19.8%) and India (+6.5%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia, with a CAGR of +19.8% from 2012-2022. By contrast, Taiwan (Chinese) (-3.2%) illustrated a downward trend over the same period. China (+19 p.p.) and Japan (+7.4 p.p.) significantly strengthened its position in terms of the total exports, while India and Taiwan (Chinese) saw its share reduced by -2.5% and -13.6% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines supplier in Asia, comprising 72% of total exports. The second position in the ranking was held by Japan ($X), with a 13% share of total exports. It was followed by India, with an 8.4% share.

In China, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased at an average annual rate of +14.7% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+19.7% per year) and India (+8.5% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, falling by -1.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 when the export price increased by 21%. As a result, the export price attained the peak level of $X per ton. From 2019 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 India ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.6%), while the other leaders experienced more modest paces of growth.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports in Asia

In 2022, purchases abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -6.1% to X tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 19% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof contracted modestly to $X in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 14%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the seven major importers of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof, namely India, China, South Korea, Indonesia, Japan, Thailand and the United Arab Emirates, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +13.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines importing markets in Asia were China ($X), India ($X) and South Korea ($X), with a combined 58% share of total imports. Japan, Thailand, the United Arab Emirates and Indonesia lagged somewhat behind, together accounting for a further 27%.

Thailand, with a CAGR of +10.9%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

In 2022, the import price in Asia amounted to $X per ton, with an increase of 5.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 12%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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