Asia: Disinfectant Market 2022

Disinfectant Market Size in Asia

In 2021, the Asian disinfectant market decreased by -X% to $X for the first time since 2015, thus ending a five-year rising trend. The total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +X% 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 +X% against 2012 indices. As a result, consumption reached the peak level of $X, and then fell notably in the following year.

Disinfectant Production in Asia

In value terms, disinfectant production reduced to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X, and then contracted in the following year.

Disinfectant Exports

Exports in Asia

In 2021, exports of disinfectants in Asia soared to X tons, picking up by X% against the previous year. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, disinfectant exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2021. It was distantly followed by India (X tons) and Turkey (X tons), together generating a X% share of total exports. Malaysia (X tons), the United Arab Emirates (X tons), Singapore (X tons) and Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to disinfectant exports from China stood at +X%. At the same time, Hong Kong SAR (+X%), India (+X%), Malaysia (+X%), Singapore (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. Turkey experienced a relatively flat trend pattern. From 2012 to 2021, the share of Turkey and India increased by +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest disinfectant supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In China, disinfectant exports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Turkey (X% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The pace of growth was the most pronounced in 2015 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while India ($X per ton) was amongst the lowest.

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

Disinfectant Imports

Imports in Asia

In 2021, purchases abroad of disinfectants decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then declined slightly in the following year.

In value terms, disinfectant imports reduced to $X in 2021. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

China (X tons) and Japan (X tons) were the major importers of disinfectants in 2021, accounting for approx. X% and X% of total imports, respectively. Thailand (X tons) ranks next in terms of the total imports with an X% share, followed by Vietnam (X%), Hong Kong SAR (X%), Taiwan (Chinese) (X%) and Turkey (X%). The following importers - the Philippines (X tons), Indonesia (X tons), Israel (X tons), Malaysia (X tons), Saudi Arabia (X tons) and Oman (X tons) - together made up X% of total imports.

From 2012 to 2021, the biggest increases were in Taiwan (Chinese) (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest disinfectant importing markets in Asia were China ($X), Japan ($X) and the Philippines ($X), together accounting for X% of total imports.

The Philippines, with a CAGR of +X%, saw the highest growth rate of the value of imports, among 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

The import price in Asia stood at $X per ton in 2021, approximately equating the previous year. Over the last nine years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2015 when the import price increased by X% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($X per ton), while Vietnam ($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 (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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