Southern Asia: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in Southern Asia

In 2021, the South Asian organic surface active agent market increased by 0.2% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, recorded a mild decrease. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Organic Surface Active Agents in Southern Asia

In value terms, organic surface active agent production totaled $X in 2021 estimated in export price. Over the period under review, production, however, recorded a mild slump. The pace of growth appeared the most rapid in 2014 when the production volume increased by 13% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Organic Surface Active Agents

Exports in Southern Asia

In 2021, organic surface active agent exports in Southern Asia surged to X tons, growing by 37% compared with 2020 figures. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +95.8% against 2016 indices. The growth pace was the most rapid in 2019 when exports increased by 41% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, organic surface active agent exports soared to $X in 2021. Total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +102.2% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India prevails in exports structure, finishing at X tons, which was near 97% of total exports in 2021. Pakistan (X tons) held a little share of total exports.

Exports from India increased at an average annual rate of +5.9% from 2012 to 2021. At the same time, Pakistan (+34.2%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +34.2% from 2012-2021. From 2012 to 2021, the share of Pakistan increased by +2.7 percentage points.

In value terms, India ($X) remains the largest organic surface active agent supplier in Southern Asia, comprising 96% of total exports. The second position in the ranking was held by Pakistan ($X), with a 3.2% share of total exports.

In India, organic surface active agent exports increased at an average annual rate of +4.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, picking up by 12% against the previous year. In general, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in 2014 when the export price increased by 17%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-1.4%).

Imports of Organic Surface Active Agents

Imports in Southern Asia

In 2021, organic surface active agent imports in Southern Asia soared to X tons, with an increase of 28% on 2020. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +8.2% 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 +35.1% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, organic surface active agent imports soared to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +96.2% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Bangladesh (X tons), India (X tons) and Pakistan (X tons) represented roughly 87% of total imports in 2021. It was distantly followed by Sri Lanka (X tons), committing a 7.6% share of total imports. Nepal (X tons) took a relatively small 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 Nepal (with a CAGR of +24.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest organic surface active agent importing markets in Southern Asia were India ($X), Bangladesh ($X) and Pakistan ($X), together comprising 90% of total imports. These countries were followed by Sri Lanka and Nepal, which together accounted for a further 8.9%.

Among the main importing countries, Nepal, with a CAGR of +18.9%, 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

In 2021, the import price in Southern Asia amounted to $X per ton, surging by 3.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by 5.3% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

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

Source: IndexBox Platform