Southern Asia: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Southern Asia

For the tenth consecutive year, the South Asian oxygen-function amino-compound market recorded growth in sales value, which increased by 1% to $X in 2021. Over the period under review, consumption recorded a resilient expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Oxygen-Function Amino-Compound Production in Southern Asia

In value terms, oxygen-function amino-compound production reduced to $X in 2021 estimated in export price. In general, production, however, recorded prominent growth. The pace of growth was the most pronounced in 2017 when the production volume increased by 26%. The level of production peaked at $X in 2020, and then declined in the following year.

Oxygen-Function Amino-Compound Exports

Exports in Southern Asia

Oxygen-function amino-compound exports rose rapidly to X tons in 2021, surging by 13% compared with the previous year's figure. The total export volume increased at an average annual rate of +5.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 23% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, oxygen-function amino-compound exports surged to $X in 2021. Over the period under review, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 35% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

The shipments of the one major exporters of oxygen-function amino-compounds, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the oxygen-function amino-compounds exports, with a CAGR of +5.4% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest oxygen-function amino-compound supplier in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India amounted to +12.6%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, with an increase of 8.2% against the previous year. Export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, oxygen-function amino-compound export price increased by +62.9% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the export price increased by 22%. The level of export peaked in 2021 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +6.8% per year.

Oxygen-Function Amino-Compound Imports

Imports in Southern Asia

For the tenth consecutive year, Southern Asia recorded growth in purchases abroad of oxygen-function amino-compounds, which increased by 8.7% to X tons in 2021. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.9% 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 +82.8% against 2012 indices. The pace of growth appeared the most rapid in 2019 with an increase of 14% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, oxygen-function amino-compound imports surged to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.1% 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 +78.1% against 2016 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 30%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

India dominates imports structure, amounting to X tons, which was approx. 83% of total imports in 2021. It was distantly followed by Pakistan (X tons) and Bangladesh (X tons), together comprising a 15% share of total imports. Sri Lanka (X tons) held a relatively small share of total imports.

Imports into India increased at an average annual rate of +6.0% from 2012 to 2021. At the same time, Bangladesh (+21.9%), Sri Lanka (+12.7%) and Pakistan (+10.0%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +21.9% from 2012-2021. From 2012 to 2021, the share of Bangladesh and Pakistan increased by +4.2 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported oxygen-function amino-compounds in Southern Asia, comprising 81% of total imports. The second position in the ranking was held by Pakistan ($X), with a 13% share of total imports. It was followed by Bangladesh, with a 5.6% share.

In India, oxygen-function amino-compound imports increased at an average annual rate of +7.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+10.3% per year) and Bangladesh (+18.5% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, growing by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 an increase of 21% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Pakistan ($X per ton), while Sri Lanka ($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 (+1.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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