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Report Eastern Asia - Denatured Ethyl Alcohol and Other Denatured Spirits - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Eastern Asia - Denatured Ethyl Alcohol and Other Denatured Spirits - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in Eastern Asia

In 2021, after two years of growth, there was decline in the East Asian denatured ethyl alcohol market, when its value decreased by -1.1% to $X. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell slightly in the following year.

Denatured Ethyl Alcohol Production in Eastern Asia

In value terms, denatured ethyl alcohol production declined to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 34% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Denatured Ethyl Alcohol Exports

Exports in Eastern Asia

Denatured ethyl alcohol exports declined sharply to X tons in 2021, reducing by -40.7% compared with the year before. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 728% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, denatured ethyl alcohol exports declined markedly to $X in 2021. Over the period under review, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 501%. The level of export peaked at $X in 2020, and then declined dramatically in the following year.

Exports by Country

South Korea was the main exporting country with an export of around X tons, which accounted for 89% of total exports. It was distantly followed by China (X tons), mixing up a 10% share of total exports.

South Korea was also the fastest-growing in terms of the denatured ethyl alcohol and other denatured spirits exports, with a CAGR of +28.8% from 2012 to 2021. China (-7.8%) illustrated a downward trend over the same period. While the share of South Korea (+62 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of China (-53.8 p.p.) displayed negative dynamics.

In value terms, South Korea ($X) remains the largest denatured ethyl alcohol supplier in Eastern Asia, comprising 82% of total exports. The second position in the ranking was taken by China ($X), with a 15% share of total exports.

In South Korea, denatured ethyl alcohol exports increased at an average annual rate of +24.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, waning by -3.2% against the previous year. In general, the export price showed a mild descent. The most prominent rate of growth was recorded in 2020 an increase of 21%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while South Korea stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.7%).

Denatured Ethyl Alcohol Imports

Imports in Eastern Asia

Denatured ethyl alcohol imports surged to X tons in 2021, growing by 82% on 2020 figures. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 371% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, denatured ethyl alcohol imports surged to $X in 2021. Overall, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2018 when imports increased by 324%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Korea represented the key importing country with an import of about X tons, which recorded 60% of total imports. It was distantly followed by China (X tons), achieving a 39% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (with a CAGR of +65.9%).

In value terms, South Korea ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2021.

Among the main importing countries, China, with a CAGR of +56.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, with a decrease of -7.7% against the previous year. In general, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 14%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was South Korea ($X per ton), while China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (-5.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest denatured ethyl alcohol consuming country in Eastern Asia, comprising approx. 66% of total volume. Moreover, denatured ethyl alcohol consumption in China exceeded the figures recorded by the second-largest consumer, Japan, threefold. The third position in this ranking was occupied by South Korea, with a 10% share.
China constituted the country with the largest volume of denatured ethyl alcohol production, comprising approx. 74% of total volume. Moreover, denatured ethyl alcohol production in China exceeded the figures recorded by the second-largest producer, Japan, threefold.
In value terms, the largest denatured ethyl alcohol supplying countries in Eastern Asia were South Korea and China.
In value terms, South Korea constitutes the largest market for imported denatured ethyl alcohol and other denatured spirits in Eastern Asia, comprising 86% of total imports. The second position in the ranking was occupied by China, with a 13% share of total imports.
In 2020, the denatured ethyl alcohol export price in Eastern Asia amounted to $806 per ton, picking up by 6.9% against the previous year.
In 2020, the denatured ethyl alcohol import price in Eastern Asia amounted to $630 per ton, stabilizing at the previous year.

This report provides an in-depth analysis of the denatured ethyl alcohol market in Eastern 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 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Eastern Asia, split by region and country
  • Trade (exports and imports) in Eastern 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
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • 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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