Asia: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Asia

In 2022, the Asian hypochlorites, chlorites and hypobromites market increased by 11% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption enjoyed a notable expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Asia

In value terms, hypochlorites, chlorites and hypobromites production amounted to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -37.1% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 66%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports in Asia

In 2022, overseas shipments of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites decreased by -2.5% to X tons, falling for the third year in a row after four years of growth. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 8.5%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, hypochlorites, chlorites and hypobromites exports surged to $X in 2022. The total export value increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, China (X tons) represented the key exporter of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites, constituting 68% of total exports. It was distantly followed by India (X tons), mixing up a 13% share of total exports. Turkey (X tons), Malaysia (X tons), Iran (X tons) and Japan (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites. At the same time, Iran (+15.3%) and India (+9.1%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in Asia, with a CAGR of +15.3% from 2012-2022. Turkey experienced a relatively flat trend pattern. By contrast, Malaysia (-2.8%) and Japan (-10.1%) illustrated a downward trend over the same period. While the share of India (+7.3 p.p.) and Iran (+2.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Japan (-3.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest hypochlorites, chlorites and hypobromites supplier in Asia, comprising 66% of total exports. The second position in the ranking was taken by India ($X), with a 13% share of total exports. It was followed by Japan, with an 11% share.

In China, hypochlorites, chlorites and hypobromites exports increased at an average annual rate of +3.7% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: India (+7.0% per year) and Japan (-1.8% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, increasing by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while Malaysia ($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 (+9.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports in Asia

In 2022, after two years of growth, there was decline in supplies from abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites, when their volume decreased by -4.3% to X tons. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 6.8%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, hypochlorites, chlorites and hypobromites imports declined to $X in 2022. Total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by 17% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Hong Kong SAR (X tons), Bangladesh (X tons), Israel (X tons), India (X tons), the Philippines (X tons), Vietnam (X tons), Singapore (X tons), Kazakhstan (X tons), the United Arab Emirates (X tons), Indonesia (X tons), Bahrain (X tons) and Macao SAR (X tons) represented the main importer of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites in Asia, mixing up 78% of total import. South Korea (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +21.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hypochlorites, chlorites and hypobromites importing markets in Asia were India ($X), the Philippines ($X) and Vietnam ($X), with a combined 26% share of total imports.

India, with a CAGR of +18.0%, recorded 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 2022, dropping by -6.5% against the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hypochlorites, chlorites and hypobromites import price increased by +56.7% against 2013 indices. The pace of growth appeared the most rapid in 2019 an increase of 13%. Over the period under review, import prices reached the peak figure at $X per ton in 2021, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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