South-Eastern Asia: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in South-Eastern Asia

The Southeast Asian cyclic hydrocarbons market amounted to $X in 2022, remaining stable against the previous year. In general, consumption saw a slight slump. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Cyclic Hydrocarbons Production in South-Eastern Asia

In value terms, cyclic hydrocarbons production fell slightly to $X in 2022 estimated in export price. In general, production recorded a slight decrease. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Cyclic Hydrocarbons Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of cyclic hydrocarbons increased by X% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, cyclic hydrocarbons exports soared to $X in 2022. In general, exports showed perceptible growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X tons) and Brunei Darussalam (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Thailand (X tons), Malaysia (X tons) and Indonesia (X tons), together committing a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Brunei Darussalam (with a CAGR of X.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Brunei Darussalam ($X) and Thailand ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Among the main exporting countries, Brunei Darussalam, with a CAGR of X.7%, saw 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

The export price in South-Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, showed a pronounced downturn. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brunei Darussalam (X%), while the other leaders experienced a decline in the export price figures.

Cyclic Hydrocarbons Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of cyclic hydrocarbons decreased by X% to X tons, falling for the third consecutive year after three years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, cyclic hydrocarbons imports rose to $X in 2022. In general, imports saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Indonesia (X tons) and Malaysia (X tons) represented the largest importers of cyclic hydrocarbons in 2022, finishing at near X% and X% of total imports, respectively. Singapore (X tons) ranks next in terms of the total imports with a X% share, followed by Thailand (X%) and Vietnam (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Singapore (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Malaysia ($X) and Singapore ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Singapore, with a CAGR of X%, recorded 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 mixed trends in the imports figures.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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