Report Update Nov 1, 2024

Eastern Asia - Maleic Anhydride - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Maleic Anhydride Market 2024

Maleic Anhydride Market Size in Eastern Asia

The East Asian maleic anhydride market fell dramatically to $X in 2021, declining by -53.5% against the previous year. Over the period under review, consumption faced a abrupt slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Maleic Anhydride Production in Eastern Asia

In value terms, maleic anhydride production amounted to $X in 2021 estimated in export price. In general, production saw a perceptible slump. The pace of growth was the most pronounced in 2017 with an increase of 13% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Maleic Anhydride Exports

Exports in Eastern Asia

In 2021, the amount of maleic anhydride exported in Eastern Asia surged to X tons, rising by 54% against 2020 figures. Overall, exports saw a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, maleic anhydride exports surged to $X in 2021. Over the period under review, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the main exporting country with an export of about X tons, which resulted at 53% of total exports. Taiwan (Chinese) (X tons) held the second position in the ranking, distantly followed by South Korea (X tons). All these countries together held approx. 47% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by China (with a CAGR of +12.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest maleic anhydride supplying countries in Eastern Asia were China ($X), Taiwan (Chinese) ($X) and South Korea ($X), with a combined 99% share of total exports.

In terms of the main exporting countries, China, with a CAGR of +11.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, picking up by 70% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.3%), while the other leaders experienced a decline in the export price figures.

Maleic Anhydride Imports

Imports in Eastern Asia

In 2021, the amount of maleic anhydride imported in Eastern Asia surged to X tons, jumping by 106% on 2020. In general, imports recorded strong growth. The pace of growth appeared the most rapid in 2016 when imports increased by 150% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, maleic anhydride imports surged to $X in 2021. Overall, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan represented the key importing country with an import of around X tons, which recorded 66% of total imports. It was distantly followed by South Korea (X tons) and China (X tons), together creating a 34% share of total imports.

Japan was also the fastest-growing in terms of the maleic anhydride imports, with a CAGR of +21.3% from 2012 to 2021. At the same time, South Korea (+21.2%) and China (+7.1%) displayed positive paces of growth. From 2012 to 2021, the share of Japan and South Korea increased by +9.9 and +4.2 percentage points, respectively.

In value terms, Japan ($X) constitutes the largest market for imported maleic anhydride in Eastern Asia, comprising 67% of total imports. The second position in the ranking was held by South Korea ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Japan stood at +19.9%. In the other countries, the average annual rates were as follows: South Korea (+21.5% per year) and China (+6.4% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2021, increasing by 57% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maleic anhydride in Eastern Asia?

Taiwan Chinese) remains the largest maleic anhydride consuming country in Eastern Asia, accounting for 65% of total volume. Moreover, maleic anhydride consumption in Taiwan Chinese) exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by South Korea, with a 7% share.

What are the largest producers of maleic anhydride in Eastern Asia?

The countries with the highest volumes of maleic anhydride production in 2020 were China, Taiwan Chinese) and South Korea, together accounting for 100% of total production.

What are the leading suppliers of maleic anhydride in Eastern Asia?

In value terms, the largest maleic anhydride supplying countries in Eastern Asia were China and South Korea.

What are the leading importers of maleic anhydride in Eastern Asia?

In value terms, the largest maleic anhydride importing markets in Eastern Asia were Japan, South Korea and China, with a combined 98% share of total imports.

What is the average export price for maleic anhydride in Eastern Asia?

In 2020, the maleic anhydride export price in Eastern Asia amounted to $856 per ton, with a decrease of -18.4% against the previous year.

What is the average import price for maleic anhydride in Eastern Asia?

The maleic anhydride import price in Eastern Asia stood at $1,307 per ton in 2020, shrinking by -6.8% against the previous year.

This report provides an in-depth analysis of the maleic anhydride 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 20143387 - Maleic anhydride

Country coverage:

China
Hong Kong SAR
Macao SAR
Japan
South Korea
Taiwan (Chinese)
Democratic People's Republic of Korea

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

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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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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
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