Eastern Asia: Cyclohexanone And Methylcyclohexanones Market 2024

Cyclohexanone And Methylcyclohexanones Market Size in Eastern Asia

The East Asian cyclohexanone and methylcyclohexanones market plummeted to $X in 2021, waning by -15.5% against the previous year. Over the period under review, consumption showed a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Cyclohexanone And Methylcyclohexanones Production in Eastern Asia

In value terms, cyclohexanone and methylcyclohexanones production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a noticeable slump. The pace of growth appeared the most rapid in 2018 with an increase of 13% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Cyclohexanone And Methylcyclohexanones Exports

Exports in Eastern Asia

In 2021, shipments abroad of cyclohexanone and methylcyclohexanones was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2016 with an increase of 65%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, cyclohexanone and methylcyclohexanones exports skyrocketed to $X in 2021. Overall, exports posted mild growth. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X tons), China (X tons) and Japan (X tons) represented roughly 100% of total exports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Japan (with a CAGR of +29.0%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Taiwan (Chinese) ($X), China ($X) and Japan ($X) were the countries with the highest levels of exports in 2021, with a combined 100% share of total exports.

Among the main exporting countries, Japan, with a CAGR of +24.7%, recorded the highest rates of growth with regard to 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, with an increase of 36% against the previous year. Overall, the export price, however, continues to indicate a noticeable decrease. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while Japan ($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) (-1.9%), while the other leaders experienced a decline in the export price figures.

Cyclohexanone And Methylcyclohexanones Imports

Imports in Eastern Asia

In 2021, after two years of decline, there was significant growth in supplies from abroad of cyclohexanone and methylcyclohexanones, when their volume increased by 54% to X tons. Over the period under review, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 122% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, cyclohexanone and methylcyclohexanones imports soared to $X in 2021. Overall, imports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 when imports increased by 171% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Japan (X tons) and South Korea (X tons) dominates imports structure, together creating 89% of total imports. It was distantly followed by Taiwan (Chinese) (X tons), achieving a 9.5% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Taiwan (Chinese) (with a CAGR of +0.0%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest cyclohexanone and methylcyclohexanones importing markets in Eastern Asia were Japan ($X), South Korea ($X) and Taiwan (Chinese) ($X), with a combined 94% share of total imports.

Taiwan (Chinese), with a CAGR of -4.2%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, increasing by 32% against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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