South-Eastern Asia: Acyclic Hydrocarbons Market 2022

Acyclic Hydrocarbons Market Size in South-Eastern Asia

In 2020, the Southeast Asian acyclic hydrocarbons market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Acyclic Hydrocarbons Production in South-Eastern Asia

In value terms, acyclic hydrocarbons production fell markedly to $X in 2020 estimated in export prices. In general, production, however, saw a mild decrease. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

Production By Country in South-Eastern Asia

The countries with the highest volumes of acyclic hydrocarbons production in 2020 were Indonesia (X tons), Thailand (X tons) and Malaysia (X tons), with a combined X% share of total production. Vietnam and Singapore lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of acyclic hydrocarbons production, amongst the key producing countries, was attained by Singapore (+X% per year), while acyclic hydrocarbons production for the other leaders experienced more modest paces of growth.

Acyclic Hydrocarbons Exports

Exports in South-Eastern Asia

After four years of growth, overseas shipments of acyclic hydrocarbons decreased by -X% to X tons in 2020. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. The volume of export peaked at X tons in 2019, and then declined significantly in the following year.

In value terms, acyclic hydrocarbons exports dropped rapidly to $X in 2020. Overall, exports, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. The level of export peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Singapore (X tons), Malaysia (X tons) and Thailand (X tons) represented roughly X% of total exports of acyclic hydrocarbons in 2020. It was distantly followed by Vietnam (X tons) and Indonesia (X tons), together achieving a X% share of total exports.

From 2007 to 2020, the biggest increases were in Vietnam (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest acyclic hydrocarbons supplying countries in South-Eastern Asia were Singapore ($X), Malaysia ($X) and Thailand ($X), with a combined X% share of total exports. Indonesia and Vietnam lagged somewhat behind, together comprising a further X the main exporting countries, Vietnam (+X% per year) 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 2020, the acyclic hydrocarbons export price in South-Eastern Asia amounted to $X per ton, declining by -X% against the previous year. Overall, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, export prices hit record highs at $X per ton in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced a decline in the export price figures.

Acyclic Hydrocarbons Imports

Imports in South-Eastern Asia

Acyclic hydrocarbons imports amounted to X tons in 2020, growing by X% compared with the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in years to come.

In value terms, acyclic hydrocarbons imports reduced to $X in 2020. Total imports indicated a slight increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Indonesia represented the main importer of acyclic hydrocarbons in South-Eastern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2020. It was distantly followed by Singapore (X tons), Malaysia (X tons) and Thailand (X tons), together mixing up a X% share of total imports. The Philippines (X tons) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Indonesia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest acyclic hydrocarbons importing markets in South-Eastern Asia were Indonesia ($X), Singapore ($X) and Thailand ($X), with a combined X% share of total imports.

Thailand saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The acyclic hydrocarbons import price in South-Eastern Asia stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the import price showed a perceptible decline. The growth pace was the most rapid in 2011 when the import price increased by X% year-to-year. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Thailand ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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