Eastern Asia: Market for Anionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Anionic Surface-Active Agents (Excluding Soap) in Eastern Asia

After three years of decline, the East Asian market for anionic surface-active agents (excluding soap) increased by 0.3% to $X in 2021. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Anionic Surface-Active Agents (Excluding Soap) in Eastern Asia

In value terms, anionic surface-active agents (excl. soap) production totaled $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 22% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Anionic Surface-Active Agents (Excluding Soap)

Exports in Eastern Asia

In 2021, the amount of anionic surface-active agents (excluding soap) exported in Eastern Asia expanded rapidly to X tons, picking up by 11% against the previous year's figure. Total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +79.8% against 2016 indices. The most prominent rate of growth was recorded in 2019 with an increase of 40% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the near future.

In value terms, anionic surface-active agents (excl. soap) exports surged to $X in 2021. Total exports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +77.4% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons) was the largest exporter of anionic surface-active agents (excluding soap), committing 57% of total exports. South Korea (X tons) held a 32% share (based on physical terms) of total exports, which put it in second place, followed by Japan (6.5%). Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China (with a CAGR of +8.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest anionic surface-active agents (excl. soap) supplying countries in Eastern Asia were China ($X), South Korea ($X) and Japan ($X), together accounting for 95% of total exports.

In terms of the main exporting countries, China, with a CAGR of +7.4%, recorded the highest growth rate of the value of exports, 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 Eastern Asia stood at $X per ton in 2021, growing by 15% against the previous year. Overall, the export price, however, saw a mild decline. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.7%), while the other leaders experienced a decline in the export price figures.

Imports of Anionic Surface-Active Agents (Excluding Soap)

Imports in Eastern Asia

In 2021, approx. X tons of anionic surface-active agents (excluding soap) were imported in Eastern Asia; jumping by 19% on the previous year. Total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.1% 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 +100.2% against 2013 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, anionic surface-active agents (excl. soap) imports surged to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.2% 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 +95.3% against 2013 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China was the key importer of anionic surface-active agents (excluding soap) in Eastern Asia, with the volume of imports recording X tons, which was near 56% of total imports in 2021. It was distantly followed by Japan (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons), together creating a 42% share of total imports. Hong Kong SAR (X tons) took a minor share of total imports.

China was also the fastest-growing in terms of the anionic surface-active agents (excluding soap) imports, with a CAGR of +8.3% from 2012 to 2021. At the same time, South Korea (+7.6%), Taiwan (Chinese) (+4.4%) and Hong Kong SAR (+1.3%) displayed positive paces of growth. By contrast, Japan (-1.4%) illustrated a downward trend over the same period. China (+13 p.p.) and South Korea (+2.9 p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by -15.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported anionic surface-active agents (excluding soap) in Eastern Asia, comprising 51% of total imports. The second position in the ranking was taken by Japan ($X), with a 16% share of total imports. It was followed by South Korea, with a 16% share.

In China, anionic surface-active agents (excl. soap) imports expanded at an average annual rate of +6.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-1.5% per year) and South Korea (+6.7% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, surging by 6.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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