Asia-Pacific: Oxides And Hydroxides Market 2025

Oxides And Hydroxides Market Size in Asia-Pacific

In 2021, the Asia-Pacific oxides and hydroxides market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Oxides And Hydroxides Production in Asia-Pacific

In value terms, oxides and hydroxides production totaled $X in 2021 estimated in export price. In general, production, however, showed a slight contraction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 15%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Oxides And Hydroxides Exports

Exports in Asia-Pacific

For the third consecutive year, Asia-Pacific recorded growth in overseas shipments of chromium, manganese, lead and copper oxides and hydroxides, which increased by 20% to X tons in 2021. The total export volume increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, oxides and hydroxides exports surged to $X in 2021. The total export value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable 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

China was the main exporter of chromium, manganese, lead and copper oxides and hydroxides in Asia-Pacific, with the volume of exports recording X tons, which was approx. 42% of total exports in 2021. India (X tons) held an 18% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (10%), Japan (8.2%) and Taiwan (Chinese) (6.9%). Australia (X tons), Thailand (X tons) and Vietnam (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +5.1% from 2012 to 2021. At the same time, Vietnam (+36.0%), South Korea (+12.0%), India (+11.3%), Taiwan (Chinese) (+4.8%) and Thailand (+2.5%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +36.0% from 2012-2021. Australia experienced a relatively flat trend pattern. By contrast, Japan (-1.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India, South Korea and Vietnam increased by +7.5, +4.6 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest oxides and hydroxides supplier in Asia-Pacific, comprising 35% of total exports. The second position in the ranking was taken by Australia ($X), with a 13% share of total exports. It was followed by Taiwan (Chinese), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +4.3%. In the other countries, the average annual rates were as follows: Australia (+2.5% per year) and Taiwan (Chinese) (+7.7% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, increasing by 18% against the previous year. Over the period under review, the export price, however, showed a slight descent. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Vietnam ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+10.3%), while the other leaders experienced more modest paces of growth.

Oxides And Hydroxides Imports

Imports in Asia-Pacific

After two years of decline, overseas purchases of chromium, manganese, lead and copper oxides and hydroxides increased by 16% to X tons in 2021. The total import volume increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, oxides and hydroxides imports soared to $X in 2021. The total import value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of oxides and hydroxides imports in 2021 were India (X tons), Indonesia (X tons), South Korea (X tons), Singapore (X tons), China (X tons), Australia (X tons), Thailand (X tons), Malaysia (X tons), Taiwan (Chinese) (X tons), Japan (X tons) and Vietnam (X tons), together amounting to 93% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of +11.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest oxides and hydroxides importing markets in Asia-Pacific were China ($X), South Korea ($X) and Indonesia ($X), together comprising 40% of total imports. These countries were followed by Taiwan (Chinese), Japan, Malaysia, India, Singapore, Vietnam, Thailand and Australia, which together accounted for a further 52%.

In terms of the main importing countries, Vietnam, with a CAGR of +16.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, picking up by 14% against the previous year. In general, the import price, however, showed a mild decrease. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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