Eastern Asia: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Eastern Asia

The East Asian hypochlorites, chlorites and hypobromites market stood at $X in 2022, picking up by 1.6% against the previous year. The market value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Eastern Asia

In value terms, hypochlorites, chlorites and hypobromites production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by 20%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports in Eastern Asia

In 2022, hypochlorites, chlorites and hypobromites exports in Eastern Asia reduced to X tons, with a decrease of -7.6% against 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 19% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, hypochlorites, chlorites and hypobromites exports surged to $X in 2022. The total export value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 19%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

China dominates exports structure, resulting at X tons, which was near 96% of total exports in 2022. Japan (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites. Japan (-10.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +4.3 percentage points.

In value terms, China ($X) remains the largest hypochlorites, chlorites and hypobromites supplier in Eastern Asia, comprising 84% of total exports. The second position in the ranking was taken by Japan ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +3.7%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, rising by 27% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.3%).

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports in Eastern Asia

In 2022, supplies from abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites increased by 0.4% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, hypochlorites, chlorites and hypobromites imports contracted to $X in 2022. The total import value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

Hong Kong SAR was the largest importer of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites in Eastern Asia, with the volume of imports resulting at X tons, which was near 78% of total imports in 2022. Macao SAR (X tons) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (9.2%).

From 2012 to 2022, average annual rates of growth with regard to hypochlorites, chlorites and hypobromites imports into Hong Kong SAR stood at -7.7%. At the same time, South Korea (+9.5%) and Macao SAR (+5.6%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +9.5% from 2012-2022. From 2012 to 2022, the share of Macao SAR and South Korea increased by +7.4 and +7.2 percentage points, respectively.

In value terms, the largest hypochlorites, chlorites and hypobromites importing markets in Eastern Asia were Hong Kong SAR ($X), South Korea ($X) and Macao SAR ($X), with a combined 40% share of total imports.

Among the main importing countries, Macao SAR, with a CAGR of +8.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, which is down by -7.7% against the previous year. Over the period under review, the import price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2015 an increase of 50%. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :