Eastern Asia: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Eastern Asia

The East Asian market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals reached $X in 2021, almost unchanged from the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Eastern Asia

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period 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 2016 when the production volume increased by 21% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports in Eastern Asia

In 2021, shipments abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by 13% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 45%. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals soared to $X in 2021. Total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +26.3% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 19%. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

China was the major exporting country with an export of about X tons, which reached 73% of total exports. South Korea (X tons) ranks second in terms of the total exports with an 18% share, followed by Japan (7.5%).

From 2012 to 2021, average annual rates of growth with regard to chlorides and phosphorus oxychloride and halides exports from China stood at -1.1%. At the same time, South Korea (+10.5%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +10.5% from 2012-2021. By contrast, Japan (-4.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Korea increased by +11 percentage points.

In value terms, the largest chlorides and phosphorus oxychloride and halides supplying countries in Eastern Asia were South Korea ($X), China ($X) and Japan ($X), together comprising 97% of total exports.

In terms of the main exporting countries, China, with a CAGR of +11.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, rising by 4.1% against the previous year. Export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by +24.7% against 2018 indices. The pace of growth appeared the most rapid in 2015 an increase of 45% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: 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 China (+13.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports in Eastern Asia

In 2021, overseas purchases of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -3.1% to X tons, falling for the third consecutive year after three years of growth. In general, imports showed a slight decline. The pace of growth was the most pronounced in 2017 with an increase of 20%. Over the period under review, imports of reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals rose remarkably to $X in 2021. The total import value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Taiwan (Chinese) (X tons) and South Korea (X tons) were the largest importers of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in 2021, reaching near 39% and 36% of total imports, respectively. Japan (X tons) took the next position in the ranking, distantly followed by China (X tons). All these countries together held approx. 25% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +3.4%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Taiwan (Chinese) ($X) constitutes the largest market for imported chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in Eastern Asia, comprising 46% of total imports. The second position in the ranking was held by China ($X), with a 21% share of total imports. It was followed by South Korea, with a 20% share.

In Taiwan (Chinese), imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals expanded at an average annual rate of +3.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: China (+5.6% per year) and South Korea (-2.0% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, surging by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2015 when the import price increased by 25%. The level of import peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :