South-Eastern Asia: Pitch Market 2020

Pitch Market Size in South-Eastern Asia

The revenue of the pitch market in South-Eastern Asia amounted to $X in 2017, going up by X% against the previous year. The pitch consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2012, with an increase of X% against the previous year. Over the period under review, the pitch market attained its peak figure level in 2017, and is likely to see steady growth in the immediate term.

Pitch Production in South-Eastern Asia

The pitch production stood at X tons in 2017, rising by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2015, with an increase of X% y-o-y. The volume of pitch production peaked in 2017, and is likely to continue its growth in the immediate term.

Pitch Exports in South-Eastern Asia

In 2017, the amount of pitch and pitch coke exported in South-Eastern Asia totaled X tons, going up by X% against the previous year. The total exports indicated a measured increase 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 pitch exports increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2017, with an increase of X% year-to-year. In that year, the pitch exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, pitch exports stood at $X in 2017. The pitch exports continue to indicate a strong increase. In that year, the pitch exports attained their peak level, and are likely to continue its growth in the immediate term.

Pitch Exports by Country in South-Eastern Asia

Malaysia was the major exporter of pitch and pitch coke in South-Eastern Asia, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Vietnam (X tons), creating X% share of total exports. The following exporters - Singapore (X tons) and Indonesia (X tons) together made up X% of total exports.

Malaysia was also the fastest growing in terms of the pitch and pitch coke exports, with a CAGR of +X% from 2007 to 2017. At the same time, Singapore (+X%) displayed positive paces of growth. By contrast, Indonesia (-X%) and Vietnam (-X%) illustrated a downward trend over the same period. While the share of Vietnam (X%) and Indonesia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Singapore (-X%) and Malaysia (-X%) displayed negative dynamics.

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

In Malaysia, pitch exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (-X% per year) and Indonesia (-X% per year).

Pitch Export Prices by Country in South-Eastern Asia

In 2017, the pitch export price in South-Eastern Asia amounted to $X per ton, increasing by X% against the previous year. The pitch export price continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2012, an increase of X% y-o-y. The level of export price peaked in 2017, and is likely to see steady growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Indonesia ($X per ton), while Singapore ($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 Vietnam (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Pitch Imports in South-Eastern Asia

In 2017, imports of pitch and pitch coke in South-Eastern Asia stood at X tons, dropping by -X% against the previous year. The pitch imports continue to indicate a drastic setback. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. In that year, the pitch imports reached their peak volume of X tons. From 2014 to 2017, growth of the pitch imports stood at a somewhat lower level.

In value terms, pitch imports totaled $X in 2017. The pitch imports continue to indicate a relatively flat trend pattern. Over the period under review, the pitch imports reached its maximum level of $X in 2016, and then declined slightly in the following year.

Pitch Imports by Country in South-Eastern Asia

In 2017, Indonesia (X tons) represented the largest importer for pitch and pitch coke, comprising X% of total imports. Malaysia (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Thailand (X%). Vietnam (X tons) followed a long way behind the leaders.

Imports into Indonesia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Vietnam (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Malaysia (-X%) and Thailand (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Indonesia, Malaysia and Thailand increased by X%, X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pitch markets worldwide were Indonesia ($X), Malaysia ($X) and Thailand ($X), with a combined X% share of total imports. Vietnam lagged somewhat behind, comprising a further X%.

Vietnam (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Pitch Import Prices by Country in South-Eastern Asia

The pitch import price in South-Eastern Asia stood at $X per ton in 2017, going up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of import price peaked in 2017, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Malaysia ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform