South-Eastern Asia: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in South-Eastern Asia

In 2021, the Southeast Asian scouring pastes and powders market increased by 0.3% to $X, rising for the fourth consecutive year after two years of decline. The market value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Scouring Pastes And Powders in South-Eastern Asia

In value terms, scouring pastes and powders production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 21%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Scouring Pastes And Powders

Exports in South-Eastern Asia

In 2021, scouring pastes and powders exports in South-Eastern Asia fell modestly to X tons, waning by -4.5% against the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 34% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, scouring pastes and powders exports shrank slightly to $X in 2021. Overall, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Vietnam (X tons) was the key exporter of scouring pastes and powders, committing 47% of total exports. Thailand (X tons) took a 25% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (17%) and Singapore (8%). Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +6.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Malaysia ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2021, together comprising 83% of total exports.

Vietnam, with a CAGR of +6.8%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, approximately reflecting the previous year. In general, the export price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of 17%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Vietnam (+2.4%), while the other leaders experienced mixed trends in the export price figures.

Imports of Scouring Pastes And Powders

Imports in South-Eastern Asia

Scouring pastes and powders imports reduced to X tons in 2021, falling by -9.8% compared with 2020. Over the period under review, imports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 93%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, scouring pastes and powders imports totaled $X in 2021. Overall, imports showed a noticeable slump. The growth pace was the most rapid in 2016 when imports increased by 60% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the four major importers of scouring pastes and powders, namely Vietnam, Thailand, Singapore and Malaysia, represented more than two-thirds of total import. Lao People's Democratic Republic (X tons) and the Philippines (X tons) held a little 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 Vietnam (with a CAGR of +26.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constitutes the largest market for imported scouring pastes and powders in South-Eastern Asia, comprising 40% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 20% share of total imports. It was followed by Malaysia, with an 18% share.

In Thailand, scouring pastes and powders imports declined by an average annual rate of -8.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+30.7% per year) and Malaysia (-11.4% per year).

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, jumping by 22% against the previous year. In general, the import price, however, showed a noticeable setback. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, 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 Thailand ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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