Asia: Market for Scouring Pastes And Powders 2025

Market Size for Scouring Pastes And Powders in Asia

After four years of growth, the Asian scouring pastes and powders market decreased by -6.4% to $X in 2021. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The level of consumption peaked at $X in 2020, and then dropped in the following year.

Production of Scouring Pastes And Powders in Asia

In value terms, scouring pastes and powders production dropped slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by 14% against the previous year. The level of production peaked at $X in 2020, and then reduced in the following year.

Exports of Scouring Pastes And Powders

Exports in Asia

In 2021, overseas shipments of scouring pastes and powders increased by 12% to X tons, rising for the sixth year in a row after three years of decline. The total export volume increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, scouring pastes and powders exports surged to $X in 2021. Over the period under review, exports posted a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by 23%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

In 2021, Japan (X tons) was the major exporter of scouring pastes and powders, achieving 76% of total exports. It was distantly followed by South Korea (X tons), generating a 13% share of total exports. China (X tons) and India (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to scouring pastes and powders exports from Japan stood at +6.0%. At the same time, South Korea (+18.2%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia, with a CAGR of +18.2% from 2012-2021. India experienced a relatively flat trend pattern. By contrast, China (-5.4%) illustrated a downward trend over the same period. Japan (+12 p.p.) and South Korea (+8.8 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -4.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest scouring pastes and powders supplier in Asia, comprising 84% of total exports. The second position in the ranking was taken by South Korea ($X), with a 12% share of total exports. It was followed by China, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Japan stood at +7.3%. In the other countries, the average annual rates were as follows: South Korea (+19.9% per year) and China (-3.6% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, rising by 5.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2016 when the export price increased by 8.9% against the previous year. Over the period under review, the export prices attained the maximum in 2021 and is likely to see gradual growth in years to come.

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 Japan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.3%), while the other leaders experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports in Asia

In 2021, scouring pastes and powders imports in Asia contracted slightly to X tons, standing approx. at 2020. In general, imports saw a slight descent. The growth pace was the most rapid in 2016 with an increase of 48%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, scouring pastes and powders imports soared to $X in 2021. Overall, imports recorded a perceptible decrease. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Korea represented the major importer of scouring pastes and powders in Asia, with the volume of imports accounting for X tons, which was near 62% of total imports in 2021. Japan (X tons) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (4.9%). The following importers - Vietnam (X tons), Thailand (X tons), Hong Kong SAR (X tons), China (X tons) and Singapore (X tons) - each recorded a 9.8% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to scouring pastes and powders imports into South Korea stood at -1.9%. At the same time, Vietnam (+26.5%), Singapore (+21.8%), Japan (+2.6%) and Kazakhstan (+1.5%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia, with a CAGR of +26.5% from 2012-2021. China experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-4.9%) and Thailand (-9.2%) illustrated a downward trend over the same period. While the share of Japan (+3.6 p.p.) and Vietnam (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Thailand (-2.3 p.p.) and South Korea (-3.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) constitutes the largest market for imported scouring pastes and powders in Asia, comprising 64% of total imports. The second position in the ranking was held by Japan ($X), with a 15% share of total imports. It was followed by Thailand, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value in South Korea amounted to -3.6%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-3.4% per year) and Thailand (-8.4% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, surging by 17% against the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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 Thailand ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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