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Report Asia - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights

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Asia: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2024

Exports of Caustic Soda in Aqueous Solution (Soda Lye)

Exports in Asia

In 2021, shipments abroad of caustic soda in aqueous solution (soda lye) increased by 11% to X tons, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 14%. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of caustic soda in aqueous solution (soda lye) surged to $X in 2021. Over the period under review, exports, however, continue to indicate a slight setback. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Japan (X tons), Taiwan (Chinese) (X tons) and China (X tons) represented roughly 73% of total exports in 2021. South Korea (X tons) held the next position in the ranking, followed by Saudi Arabia (X tons) and Qatar (X tons). All these countries together held approx. 22% share of total exports. Indonesia (X tons) held a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +12.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 67% share of total exports. South Korea, Saudi Arabia, Qatar and Indonesia lagged somewhat behind, together accounting for a further 28%.

South Korea, with a CAGR of +12.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, increasing by 31% against the previous year. In general, the export price, however, showed a noticeable decline. The growth pace was the most rapid in 2017 an increase of 39%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+0.5%), while the other leaders experienced a decline in the export price figures.

Imports of Caustic Soda in Aqueous Solution (Soda Lye)

Imports in Asia

In 2021, purchases abroad of caustic soda in aqueous solution (soda lye) decreased by -7% to X tons for the first time since 2018, thus ending a two-year rising trend. Total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by 22% against the previous year. The volume of import peaked at X tons in 2020, and then dropped in the following year.

In value terms, imports of caustic soda in aqueous solution (soda lye) expanded rapidly to $X in 2021. Over the period under review, imports showed a mild shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 24%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Turkey (X tons), India (X tons), Indonesia (X tons), Malaysia (X tons), Taiwan (Chinese) (X tons), Vietnam (X tons), the Philippines (X tons), Thailand (X tons), Singapore (X tons) and Israel (X tons) represented roughly 91% of total imports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of +25.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), India ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 42% of total imports. These countries were followed by Vietnam, Taiwan (Chinese), Indonesia, the Philippines, Singapore, Thailand and Israel, which together accounted for a further 44%.

In terms of the main importing countries, Vietnam, with a CAGR of +23.5%, saw the highest rates of growth with regard to 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 amounted to $X per ton, with an increase of 13% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2017 when the import price increased by 18%. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest caustic soda in aqueous solution soda lye) consuming country in Asia, accounting for 34% of total volume. Moreover, consumption of caustic soda in aqueous solution soda lye) in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Pakistan, with a 7.5% share.
China remains the largest caustic soda in aqueous solution soda lye) producing country in Asia, accounting for 36% of total volume. Moreover, production of caustic soda in aqueous solution soda lye) in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Japan, with an 11% share.
In value terms, the largest caustic soda in aqueous solution soda lye) supplying countries in Asia were Japan, China and South Korea, together comprising 77% of total exports. Saudi Arabia, India and Indonesia lagged somewhat behind, together comprising a further 19%.
In value terms, Turkey, Indonesia and India constituted the countries with the highest levels of imports in 2021, with a combined 49% share of total imports. Malaysia, Vietnam, Taiwan Chinese), the Philippines, Singapore, Thailand and Israel lagged somewhat behind, together accounting for a further 39%.
The n soda lye) in Asia stood at $238 per ton in 2021, surging by 7.1% against the previous year.
In 2021, the n soda lye) in Asia amounted to $210 per ton, jumping by 16% against the previous year.

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia, split by region and country
  • Trade (exports and imports) in Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Armenia
    • Azerbaijan
    • Bahrain
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cyprus
    • Georgia
    • India
    • Indonesia
    • Iran
    • Iraq
    • Israel
    • Japan
    • Jordan
    • Kazakhstan
    • Kuwait
    • Kyrgyzstan
    • Lebanon
    • Malaysia
    • Maldives
    • Mongolia
    • Myanmar
    • Nepal
    • Oman
    • Pakistan
    • Palestine
    • Philippines
    • Qatar
    • Saudi Arabia
    • Singapore
    • South Korea
    • Sri Lanka
    • Syrian Arab Republic
    • Taiwan (Chinese)
    • Tajikistan
    • Thailand
    • Timor-Leste
    • Turkey
    • Turkmenistan
    • United Arab Emirates
    • Uzbekistan
    • Vietnam
    • Yemen
    • Lao People's Democratic Republic
    • Democratic People's Republic of Korea

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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