Asia-Pacific: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Asia-Pacific

The Asia-Pacific chemical contraceptive preparations market soared to $X in 2021, picking up by 20% against the previous year. The market value increased at an average annual rate of +4.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in years to come.

Chemical Contraceptive Preparations Production in Asia-Pacific

In value terms, chemical contraceptive preparations production expanded remarkably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 52%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Chemical Contraceptive Preparations Exports

Exports in Asia-Pacific

Chemical contraceptive preparations exports expanded modestly to X tons in 2021, increasing by 4.7% on the previous year's figure. Total exports indicated temperate 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 +47.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 41% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, chemical contraceptive preparations exports reached $X in 2021. In general, exports posted resilient growth. The growth pace was the most rapid in 2014 when exports increased by 44%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

Exports by Country

India was the main exporting country with an export of around X tons, which resulted at 70% of total exports. Thailand (X tons) took the second position in the ranking, distantly followed by Indonesia (X tons). All these countries together held approx. 22% share of total exports. China (X tons) and Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to chemical contraceptive preparations exports from India stood at +1.4%. 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-Pacific, 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 -9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest chemical contraceptive preparations supplier in Asia-Pacific, comprising 67% of total exports. The second position in the ranking was held by China ($X), with a 13% share of total exports. It was followed by Thailand, with a 6.8% share.

In India, chemical contraceptive preparations exports increased at an average annual rate of +15.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: China (+16.7% per year) and Thailand (+3.9% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, declining by -3.4% against the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 58% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat 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-Pacific

In 2021, overseas purchases of chemical contraceptive preparations based on hormones or spermicides increased by 55% to X tons, rising for the fourth year in a row after two years of decline. Total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +82.2% 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 skyrocketed to $X in 2021. Overall, imports posted a strong expansion. As a result, imports reached 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 33% of total imports in 2021. It was distantly followed by China (X tons), Thailand (X tons), Cambodia (X tons), Australia (X tons) and Indonesia (X tons), together generating a 34% share of total imports. South Korea (X tons), Pakistan (X tons), Brunei Darussalam (X tons), Malaysia (X tons), Nepal (X tons) and Myanmar (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Brunei Darussalam (with a CAGR of +66.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported chemical contraceptive preparations based on hormones or spermicides in Asia-Pacific, comprising 46% of total imports. The second position in the ranking was taken by Vietnam ($X), with an 8.5% share of total imports. It was followed by Australia, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +26.9%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+17.0% per year) and Australia (-8.7% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, dropping by -3.1% against the previous year. Import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. 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 +75.0% against 2015 indices. The growth pace was the most rapid in 2017 when the import price increased by 25%. The level of import peaked at $X per ton in 2020, and then declined modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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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