South-Eastern Asia: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in South-Eastern Asia

The Southeast Asian market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals totaled $X in 2021, increasing by 3.2% against the previous year. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.0% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in South-Eastern Asia

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals reached $X in 2021 estimated in export price. Over the period under review, production showed a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 25%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports in South-Eastern Asia

In 2021, overseas shipments of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by 2.4% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 375% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals expanded notably to $X in 2021. Overall, exports, however, recorded a mild curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 758%. Over the period under review, the exports of reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X tons) and Vietnam (X tons) prevails in non-metals structure, together constituting 85% of total exports. It was distantly followed by Indonesia (X tons) and Thailand (X tons), together creating a 12% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Indonesia (with a CAGR of +16.8%), while the other leaders experienced a decline in the exports figures.

In value terms, Singapore ($X) remains the largest chlorides and phosphorus oxychloride and halides supplier in South-Eastern Asia, comprising 76% of total exports. The second position in the ranking was held by Vietnam ($X), with a 17% share of total exports. It was followed by Malaysia, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore totaled -1.6%. In the other countries, the average annual rates were as follows: Vietnam (+13.3% per year) and Malaysia (-17.7% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, picking up by 6.5% against the previous year. Over the period under review, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 81%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+30.0%), while the other leaders experienced more modest paces of growth.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports in South-Eastern Asia

In 2021, the amount of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals imported in South-Eastern Asia surged to X tons, picking up by 56% compared with the previous year's figure. Overall, imports continue to indicate prominent growth. The growth pace was the most rapid in 2014 with an increase of 95%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals surged to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +9.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +133.0% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore represented the key importer of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in South-Eastern Asia, with the volume of imports finishing at X tons, which was approx. 49% of total imports in 2021. Malaysia (X tons) took the second position in the ranking, distantly followed by Indonesia (X tons), Thailand (X tons) and the Philippines (X tons). All these countries together held approx. 50% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +36.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in South-Eastern Asia, comprising 73% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 15% share of total imports. It was followed by Thailand, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value in Singapore stood at +11.3%. In the other countries, the average annual rates were as follows: Malaysia (+4.1% per year) and Thailand (+26.3% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, dropping by -16.5% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 66% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+3.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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