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Report Eastern Asia - Ethylbenzene - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Eastern Asia - Ethylbenzene - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Ethylbenzene Market 2024

Ethylbenzene Market Size in Eastern Asia

For the third year in a row, the East Asian ethylbenzene market recorded growth in sales value, which increased by 0.2% to $X in 2022. In general, consumption, however, saw strong growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Ethylbenzene Production in Eastern Asia

In value terms, ethylbenzene production rose significantly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 44% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Ethylbenzene Exports

Exports in Eastern Asia

In 2022, approx. X tons of ethylbenzene were exported in Eastern Asia; shrinking by -31.1% compared with the previous year. Overall, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2014 with an increase of 1,980%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, ethylbenzene exports fell notably to $X in 2022. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 1,674%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China dominates exports structure, reaching X tons, which was near 88% of total exports in 2022. It was distantly followed by South Korea (X tons), constituting a 7.8% share of total exports. Taiwan (Chinese) (X tons) and Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the ethylbenzene exports, with a CAGR of +30.8% from 2012 to 2022. At the same time, South Korea (+4.0%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (-15.1%) and Japan (-47.7%) illustrated a downward trend over the same period. China (+87 p.p.), South Korea (+7.3 p.p.) and Taiwan (Chinese) (+1.5 p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -96% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest ethylbenzene supplier in Eastern Asia, comprising 86% of total exports. The second position in the ranking was held by South Korea ($X), with an 8.3% share of total exports. It was followed by Japan, with a 2.9% share.

In China, ethylbenzene exports expanded at an average annual rate of +29.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+4.1% per year) and Japan (-42.2% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, rising by 17% against the previous year. Over the period under review, the export price continues to indicate temperate growth. The growth pace was the most rapid in 2013 an increase of 103% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 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 Japan (+10.6%), while the other leaders experienced more modest paces of growth.

Ethylbenzene Imports

Imports in Eastern Asia

In 2022, approx. X tons of ethylbenzene were imported in Eastern Asia; reducing by -25.7% compared with the year before. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 425%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, ethylbenzene imports expanded notably to $X in 2022. Over the period under review, imports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2013 when imports increased by 534%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of ethylbenzene imports in 2022 were China (X tons), together finishing at 98% of total import.

China experienced a relatively flat trend pattern with regard to volume of imports of ethylbenzene. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported ethylbenzene in Eastern Asia.

In China, ethylbenzene imports declined by an average annual rate of -3.2% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, surging by 46% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Japan remains the largest ethylbenzene consuming country in Eastern Asia, accounting for 75% of total volume. Moreover, ethylbenzene consumption in Japan exceeded the figures recorded by the second-largest consumer, China, threefold.
Japan remains the largest ethylbenzene producing country in Eastern Asia, accounting for 98% of total volume.
In value terms, China remains the largest ethylbenzene supplier in Eastern Asia, comprising 91% of total exports. The second position in the ranking was occupied by South Korea, with a 5.4% share of total exports.
In value terms, China constitutes the largest market for imported ethylbenzene in Eastern Asia.
In 2021, the export price in Eastern Asia amounted to $1,733 per ton, jumping by 47% against the previous year.
The import price in Eastern Asia stood at $573 per ton in 2021, increasing by 21% against the previous year.

This report provides an in-depth analysis of the ethylbenzene 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 20141260 - Ethylbenzene

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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