South-Eastern Asia: Peroxides Of Sodium Market 2024

Peroxides Of Sodium Market Size in South-Eastern Asia

In 2021, the Southeast Asian peroxides of sodium market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption posted a slight expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Peroxides Of Sodium Production in South-Eastern Asia

In value terms, peroxides of sodium production amounted to $X in 2021 estimated in export price. Overall, production showed a noticeable decrease. The most prominent rate of growth was recorded in 2015 when the production volume increased by 24% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Peroxides Of Sodium Exports

Exports in South-Eastern Asia

In 2021, the amount of peroxides of sodium or potassium exported in South-Eastern Asia declined to X tons, shrinking by -8.5% on the previous year's figure. Over the period under review, exports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 575%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, peroxides of sodium exports rose significantly to $X in 2021. Overall, exports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2015 with an increase of 213%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Singapore (X tons) and Indonesia (X tons) were the main exporters of peroxides of sodium or potassium in South-Eastern Asia, together mixing up 78% of total exports. Malaysia (X tons) ranks next in terms of the total exports with a 17% share, followed by Thailand (5%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Malaysia (with a CAGR of +44.7%), while the other leaders experienced a decline in the exports figures.

In value terms, Singapore ($X) remains the largest peroxides of sodium supplier in South-Eastern Asia, comprising 63% of total exports. The second position in the ranking was held by Indonesia ($X), with a 26% share of total exports. It was followed by Malaysia, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value in Singapore amounted to -1.3%. In the other countries, the average annual rates were as follows: Indonesia (-3.3% per year) and Malaysia (+22.5% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, picking up by 20% against the previous year. Over the period under review, the export price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2014 an increase of 127%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (-0.6%), while the other leaders experienced a decline in the export price figures.

Peroxides Of Sodium Imports

Imports in South-Eastern Asia

After three years of decline, overseas purchases of peroxides of sodium or potassium increased by 25% to X tons in 2021. In general, imports recorded a perceptible expansion. The growth pace was the most rapid in 2017 with an increase of 64% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, peroxides of sodium imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2016 with an increase of 191% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Malaysia (X tons) and the Philippines (X tons) were the main importers of peroxides of sodium or potassium in 2021, accounting for near 34% and 25% of total imports, respectively. It was distantly followed by Myanmar (X tons), Singapore (X tons), Indonesia (X tons) and Thailand (X tons), together making up a 39% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of +89.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Indonesia ($X) and the Philippines ($X) were the countries with the highest levels of imports in 2021, together accounting for 69% of total imports.

Among the main importing countries, the Philippines, with a CAGR of +67.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, picking up by 2.2% against the previous year. Overall, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 79% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (-2.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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