Eastern Asia: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Eastern Asia

The East Asian market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X in 2022, surging by 8% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Eastern Asia

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 7.1% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports in Eastern Asia

In 2022, approx. X tons of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid were exported in Eastern Asia; dropping by -11.5% on the previous year. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 43% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid contracted sharply to $X in 2022. Over the period under review, exports saw a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 70%. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Korea (X tons) and China (X tons) represented the largest exporters of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Eastern Asia, together committing 78% of total exports. Taiwan (Chinese) (X tons) held the next position in the ranking, followed by Japan (X tons). All these countries together held approx. 21% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +18.7%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplying countries in Eastern Asia were South Korea ($X), China ($X) and Japan ($X), together comprising 88% of total exports.

China, with a CAGR of +16.7%, saw 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, waning by -4.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 60% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.7%), while the other leaders experienced a decline in the export price figures.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports in Eastern Asia

In 2022, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Eastern Asia contracted rapidly to X tons, reducing by -32.9% on the previous year's figure. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2015 when imports increased by 107% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid contracted remarkably to $X in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 133%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China was the key importing country with an import of about X tons, which resulted at 46% of total imports. It was distantly followed by South Korea (X tons), Japan (X tons) and Hong Kong SAR (X tons), together creating a 51% share of total imports. The following importers - Democratic People's Republic of Korea (X tons) and Taiwan (Chinese) (X tons) - each reached a 3.6% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Taiwan (Chinese) (with a CAGR of +11.9%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, China ($X) constitutes the largest market for imported dibutyl and dioctyl orthophthalates other esters of orthophthalic acid in Eastern Asia, comprising 51% of total imports. The second position in the ranking was taken by South Korea ($X), with a 25% share of total imports. It was followed by Japan, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at -12.7%. In the other countries, the average annual rates were as follows: South Korea (-4.0% per year) and Japan (-12.8% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, rising by 7.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by 49%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in China ($X per ton) and Hong Kong SAR ($X per ton), while Democratic People's Republic of Korea ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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