Eastern Asia: Naphthenic Acids Market 2020

Naphthenic Acids Market Size in Eastern Asia

The revenue of the naphthenic acids market in Eastern Asia amounted to $X in 2017, waning by -X% against the previous year. The naphthenic acids consumption continues to indicate a perceptible decrease. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the naphthenic acids market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Naphthenic Acids Production in Eastern Asia

The naphthenic acids production amounted to X tons in 2017, remaining stable against the previous year. The naphthenic acids production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, with an increase of X% y-o-y. In that year, the naphthenic acids production attained their peak volume of X tons. From 2014 to 2017, growth of the naphthenic acids production failed to regain its momentum.

Naphthenic Acids Exports in Eastern Asia

In 2017, naphthenic acids exports in Eastern Asia stood at X tons, 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. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. In that year, the naphthenic acids exports reached their peak volume of X tons. From 2012 to 2017, growth of the naphthenic acids exports failed to regain its momentum.

In value terms, naphthenic acids exports totaled $X in 2017. The total exports indicated a conspicuous 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. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Naphthenic Acids Exports by Country in Eastern Asia

China dominates naphthenic acids exports structure, finishing at X tons, which was near X% of total exports in 2017. It was distantly followed by Japan (X tons) and South Korea (X tons), together generating X% share of total exports. 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 naphthenic acids, their water-insoluble salts and their esters exports, with a CAGR of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) displayed positive paces of growth. Japan and South Korea experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. 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 Taiwan, Chinese ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Among the main exporting countries , China (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Naphthenic Acids Export Prices by Country in Eastern Asia

In 2017, the naphthenic acids export price in Eastern Asia amounted to $X per ton, approximately equating the previous year. The naphthenic acids export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, an increase of X% against the previous year. In that year, the export prices for naphthenic acids, their water-insoluble salts and their esters attained their peak level of $X per ton. From 2013 to 2017, growth of the export prices for naphthenic acids, their water-insoluble salts and their esters 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.

Naphthenic Acids Imports in Eastern Asia

The imports totaled X tons in 2017, growing 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 growth pace was the most rapid in 2011, when it surged by X% y-o-y. In that year, the naphthenic acids imports attained their peak volume of X tons. From 2012 to 2017, growth of the naphthenic acids imports stood at a somewhat lower level.

In value terms, naphthenic acids imports stood at $X in 2017. The total imports indicated a notable 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. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Naphthenic Acids Imports by Country in Eastern Asia

China was the major importer of naphthenic acids, their water-insoluble salts and their esters in Eastern Asia, with the volume of imports accounting for X tons, which was near X% of total imports in 2017. Japan (X tons) took the second position in the ranking, followed by South Korea (X tons) and Taiwan, Chinese (X tons). All these countries together occupied near X% share of total imports. China, Hong Kong SAR (X tons) took the slight share of total imports.

China was also the fastest growing in terms of the naphthenic acids, their water-insoluble salts and their esters imports, with a CAGR of +X% from 2007 to 2017. At the same time, Japan (+X%) displayed positive paces of growth. Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, South Korea (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. South Korea (X%) significantly strengthened its position in terms of the global imports, while Japan and China saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported naphthenic acids, their water-insoluble salts and their esters in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

In China, naphthenic acids 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).

Naphthenic Acids Import Prices by Country in Eastern Asia

In 2017, the naphthenic acids import price in Eastern Asia amounted to $X per ton, jumping by X% against the previous year. The naphthenic acids import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when the import prices increased by X% y-o-y. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; 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, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform