Eastern Asia: Inorganic Composite Solvents Market 2020

Inorganic Composite Solvents Market Size in Eastern Asia

The revenue of the inorganic composite solvents market in Eastern Asia amounted to $X in 2017, going up by X% against the previous year. The inorganic composite solvents consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. In that year, the inorganic composite solvents market reached their peak level of $X. From 2013 to 2017, growth of the inorganic composite solvents market stood at a somewhat lower level.

Inorganic Composite Solvents Production in Eastern Asia

In 2017, the amount of inorganic composite solvents and thinners for varnishes produced in Eastern Asia amounted to X tons, surging by X% against the previous year. The inorganic composite solvents production continues to indicate a strong growth. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The volume of inorganic composite solvents production peaked in 2017, and is likely to continue its growth in the immediate term.

Inorganic Composite Solvents Exports in Eastern Asia

In 2017, approx. X tons of inorganic composite solvents and thinners for varnishes were exported in Eastern Asia; growing by X% against the previous year. The total exports indicated a strong 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 inorganic composite solvents exports decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. In that year, the inorganic composite solvents exports reached their peak volume of X tons. From 2012 to 2017, growth of the inorganic composite solvents exports stood at a somewhat lower level.

In value terms, inorganic composite solvents exports stood at $X in 2017. The total exports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the inorganic composite solvents exports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Inorganic Composite Solvents Exports by Country in Eastern Asia

China prevails in inorganic composite solvents exports structure, finishing at X tons, which was near X% of total exports in 2017. South Korea (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Japan (X%). The following exporters - Taiwan, Chinese (X tons) and China, Hong Kong SAR (X tons) together made up X% of total exports.

China was also the fastest growing in terms of the inorganic composite solvents and thinners for varnishes exports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. South Korea (-X%) and China (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2017, together comprising X% of total exports.

China (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Inorganic Composite Solvents Export Prices by Country in Eastern Asia

The inorganic composite solvents export price in Eastern Asia stood at $X per ton in 2017, remaining constant against the previous year. The inorganic composite solvents export price continues to indicate a mild drop. The growth pace was the most rapid in 2012, an increase of X% against the previous year. In that year, the export prices for inorganic composite solvents and thinners for varnishes attained their peak level of $X per ton. From 2013 to 2017, growth of the export prices for inorganic composite solvents and thinners for varnishes failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per kg), while China ($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 China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Inorganic Composite Solvents Imports in Eastern Asia

The imports amounted to X tons in 2017, going up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. In that year, the inorganic composite solvents imports reached their peak volume of X tons. From 2012 to 2017, growth of the inorganic composite solvents imports failed to regain its momentum.

In value terms, inorganic composite solvents imports totaled $X in 2017. The total imports indicated a noticeable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the inorganic composite solvents imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Inorganic Composite Solvents Imports by Country in Eastern Asia

China represented the major importer of inorganic composite solvents and thinners for varnishes in Eastern Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2017. South Korea (X tons) ranks second in terms of the global imports with a X% share, followed by Japan (X%) and Taiwan, Chinese (X%). China, Hong Kong SAR (X tons) took the weak share of total imports.

China was also the fastest growing in terms of the inorganic composite solvents and thinners for varnishes imports, with a CAGR of +X% from 2007 to 2017. At the same time, Japan (+X%) displayed positive paces of growth. Taiwan, Chinese, South Korea and China, Hong Kong SAR experienced a relatively flat trend pattern. While the share of Japan (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported inorganic composite solvents and thinners for varnishes in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

In China, inorganic composite solvents imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Taiwan, Chinese (-X% per year).

Inorganic Composite Solvents Import Prices by Country in Eastern Asia

The inorganic composite solvents import price in Eastern Asia stood at $X per ton in 2017, surging by X% against the previous year. The inorganic composite solvents import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when the import prices increased by X% year-to-year. Over the period under review, the import prices for inorganic composite solvents and thinners for varnishes reached its maximum level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Taiwan, Chinese ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform