South-Eastern Asia: Aniline Market 2024

Aniline Market Size in South-Eastern Asia

The Southeast Asian aniline market surged to $X in 2021, with an increase of 59% against the previous year. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Aniline Production in South-Eastern Asia

In value terms, aniline production contracted slightly to $X in 2021 estimated in export price. Overall, production saw a slight reduction. The pace of growth was the most pronounced in 2020 with an increase of 8.7%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Aniline Exports

Exports in South-Eastern Asia

In 2021, the amount of aniline and its salts (excluding derivatives) exported in South-Eastern Asia rose sharply to X tons, growing by 11% on 2020. In general, exports recorded modest growth. The pace of growth appeared the most rapid in 2014 with an increase of 951% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, aniline exports skyrocketed to $X in 2021. Overall, exports saw prominent growth. The most prominent rate of growth was recorded in 2015 when exports increased by 529%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia prevails in exports structure, finishing at X tons, which was near 95% of total exports in 2021. It was distantly followed by Singapore (X kg), constituting a 4.6% share of total exports.

Malaysia was also the fastest-growing in terms of the aniline and its salts (excluding derivatives) exports, with a CAGR of +42.4% from 2012 to 2021. At the same time, Singapore (+21.9%) displayed positive paces of growth. Malaysia (+91 p.p.) and Singapore (+3.7 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest aniline supplier in South-Eastern Asia, comprising 96% of total exports. The second position in the ranking was taken by Singapore ($X), with a 4.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Malaysia amounted to +45.3%.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, rising by 224% against the previous year. Over the period under review, the export price showed strong growth. The most prominent rate of growth was recorded in 2013 when the export price increased by 418% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained 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 Malaysia ($X per ton), while Singapore amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+2.0%).

Aniline Imports

Imports in South-Eastern Asia

In 2021, the amount of aniline and its salts (excluding derivatives) imported in South-Eastern Asia skyrocketed to X tons, rising by 46% against 2020. Total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 53%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, aniline imports surged to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore was the major importing country with an import of about X tons, which resulted at 76% of total imports. It was distantly followed by Indonesia (X tons), making up a 23% share of total imports.

Singapore was also the fastest-growing in terms of the aniline and its salts (excluding derivatives) imports, with a CAGR of +10.6% from 2012 to 2021. At the same time, Indonesia (+1.3%) displayed positive paces of growth. Singapore (+18 p.p.) significantly strengthened its position in terms of the total imports, while Indonesia saw its share reduced by -16% from 2012 to 2021, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported aniline and its salts (excluding derivatives) in South-Eastern Asia, comprising 78% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore stood at +11.8%.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, jumping by 17% against the previous year. In general, the import price, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2018 when the import price increased by 42% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the 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 Singapore ($X per ton), while Indonesia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+1.1%).

Source: IndexBox Platform

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