Eastern Asia: Orthophthalic Acid Esters Market 2020

Orthophthalic Acid Esters Market Size in Eastern Asia

The revenue of the orthophthalic acid esters market in Eastern Asia amounted to $X in 2017, going down by -X% against the previous year. The orthophthalic acid esters consumption continues to indicate an abrupt descent. The pace of growth was the most pronounced in 2015, when market value increased by X% y-o-y. The level of orthophthalic acid esters consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Orthophthalic Acid Esters Production in Eastern Asia

The orthophthalic acid esters production amounted to X tons in 2017, remaining constant against the previous year. The total output indicated a slight expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the orthophthalic acid esters production increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2015, with an increase of X% y-o-y. Over the period under review, the orthophthalic acid esters production attained its maximum volume of X tons in 2016, leveling off in the following year.

Orthophthalic Acid Esters Exports in Eastern Asia

In 2017, exports of esters of orthophthalic acid in Eastern Asia totaled X tons, jumping by X% against the previous year. The orthophthalic acid esters exports continue to indicate a mild deduction. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, orthophthalic acid esters exports stood at $X in 2017. The orthophthalic acid esters exports continue to indicate a deep deduction. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Orthophthalic Acid Esters Exports by Country in Eastern Asia

South Korea was the major exporting country with an export of about X tons, which recorded X% of total exports. Taiwan, Chinese (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by China (X%). Japan (X tons) followed a long way behind the leaders.

Exports from South Korea increased at an average annual rate of +X% from 2007 to 2017. At the same time, China (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Taiwan, Chinese increased by X% percentage points, while South Korea (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) remains the largest orthophthalic acid esters supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual growth rate of value in South Korea amounted to -X%. In the other countries, the average annual rates were as follows: Taiwan, Chinese (-X% per year) and China (+X% per year).

Orthophthalic Acid Esters Export Prices by Country in Eastern Asia

The orthophthalic acid esters export price in Eastern Asia stood at $X per ton in 2017, coming up by X% against the previous year. The orthophthalic acid esters export price continues to indicate a significant decrease. The pace of growth appeared the most rapid in 2010, when the export prices increased by X% against the previous year. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other leaders experienced a decline in the export price figures.

Orthophthalic Acid Esters Imports in Eastern Asia

In 2017, approx. X tons of esters of orthophthalic acid were imported in Eastern Asia; stabilizing at the previous year. The orthophthalic acid esters imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2009, when imports increased by X% against the previous year. Over the period under review, the orthophthalic acid esters imports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, orthophthalic acid esters imports totaled $X in 2017. The orthophthalic acid esters imports continue to indicate an abrupt slump. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Orthophthalic Acid Esters Imports by Country in Eastern Asia

In 2017, China (X tons) was the main importer for esters of orthophthalic acid, achieving X% of total imports. South Korea (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%) and China, Hong Kong SAR (X%).

From 2007 to 2017, average annual rates of growth with regard to orthophthalic acid esters imports into China stood at -X%. At the same time, Japan (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. South Korea experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (X%) and China, Hong Kong SAR (X%) increased significantly in terms of the global imports from 2007-2017, the share of Japan (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported esters of orthophthalic acid in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, orthophthalic acid esters imports declined by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Japan (+X% per year).

Orthophthalic Acid Esters Import Prices by Country in Eastern Asia

In 2017, the orthophthalic acid esters import price in Eastern Asia amounted to $X per ton, approximately mirroring the previous year. The orthophthalic acid esters import price continues to indicate a temperate downturn. The growth pace was the most rapid in 2010, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in China, Hong Kong SAR ($X per ton) and Japan ($X per ton), while China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform