South-Eastern Asia: Petroleum Market 2020

Petroleum Market Size in South-Eastern Asia

The revenue of the petroleum market in South-Eastern Asia amounted to $X in 2017, growing by X% against the previous year. The petroleum consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when market value increased by X% y-o-y. Over the period under review, the petroleum market attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Petroleum Production in South-Eastern Asia

In 2017, approx. X tons of petroleum were produced in South-Eastern Asia; waning by -X% against the previous year. The petroleum production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. In that year, the petroleum production reached their peak volume of X tons. From 2013 to 2017, growth of the petroleum production failed to regain its momentum.

Petroleum Exports

Exports in South-Eastern Asia

In 2017, approx. X tons of petroleum were exported in South-Eastern Asia; surging by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Over the period under review, the petroleum exports attained its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, petroleum exports stood at $X in 2017. The petroleum exports continue to indicate a slight growth. Over the period under review, the petroleum exports attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Exports by Country

Singapore represented the main exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Malaysia (X tons), committing X% share of total exports. Thailand (X tons) followed a long way behind the leaders.

Exports from Singapore increased at an average annual rate of +X% from 2007 to 2017. At the same time, Malaysia (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Thailand (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Thailand increased by X% percentage points, while Malaysia (-X%) and Singapore (-X%) saw their share reduced.

In value terms, Singapore ($X) remains the largest petroleum supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

In Singapore, petroleum exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Thailand (-X% per year).

Export Prices by Country

The petroleum export price in South-Eastern Asia stood at $X per ton in 2017, surging by X% against the previous year. The petroleum export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Thailand ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Thailand (+X% per year), while the other leaders experienced a decline in the export price figures.

Petroleum Imports

Imports in South-Eastern Asia

In 2017, the amount of petroleum imported in South-Eastern Asia amounted to X tons, going up by X% against the previous year. The total imports indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the petroleum imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010, when imports increased by X% y-o-y. Over the period under review, the petroleum imports attained its maximum volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, petroleum imports totaled $X in 2017. The petroleum imports continue to indicate a strong growth. Over the period under review, the petroleum imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Imports by Country

Singapore was the major importing country with an import of about X tons, which amounted to X% of total imports. Malaysia (X tons) occupied the second position in the ranking, followed by Indonesia (X tons), Vietnam (X tons) and the Philippines (X tons). All these countries together took near X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to petroleum imports into Singapore stood at +X%. At the same time, Malaysia (+X%), the Philippines (+X%), Vietnam (+X%) and Indonesia (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Vietnam, the Philippines, Indonesia, Malaysia and Singapore decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported petroleum in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global imports. It was followed by Indonesia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Singapore amounted to +X%. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Indonesia (+X% per year).

Import Prices by Country

In 2017, the petroleum import price in South-Eastern Asia amounted to $X per ton, jumping by X% against the previous year. The petroleum import price continues to indicate a mild drop. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. In that year, the import prices for petroleum reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for petroleum stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Indonesia ($X per ton) and Vietnam ($X per ton), while Malaysia ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform