Southern Asia: Fluorescent Brightening Agents Market 2025

Fluorescent Brightening Agents Market Size in Southern Asia

The South Asian fluorescent brightening agents market surged to $X in 2022, growing by 22% against the previous year. Overall, consumption continues to indicate a resilient increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Fluorescent Brightening Agents Production in Southern Asia

In value terms, fluorescent brightening agents production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 30% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Fluorescent Brightening Agents Exports

Exports in Southern Asia

In 2022, the amount of synthetic organic products used as fluorescent brightening agents exported in Southern Asia fell notably to X tons, reducing by -18.5% against 2021 figures. Overall, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 17% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, fluorescent brightening agents exports rose remarkably to $X in 2022. Total exports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +13.8% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of 35%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of synthetic organic products used as fluorescent brightening agents, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the synthetic organic products used as fluorescent brightening agents exports, with a CAGR of -2.3% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest fluorescent brightening agents supplier in Southern Asia.

In India, fluorescent brightening agents exports expanded at an average annual rate of +1.3% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, rising by 36% against the previous year. Export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.7% per year.

Fluorescent Brightening Agents Imports

Imports in Southern Asia

In 2022, overseas purchases of synthetic organic products used as fluorescent brightening agents decreased by -1.7% to X tons, falling for the third year in a row after six years of growth. Total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.8% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 25% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, fluorescent brightening agents imports dropped to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 26%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Bangladesh was the main importing country with an import of about X tons, which accounted for 66% of total imports. It was distantly followed by India (X tons) and Pakistan (X tons), together mixing up a 31% share of total imports. Sri Lanka (X tons) followed a long way behind the leaders.

Bangladesh was also the fastest-growing in terms of the synthetic organic products used as fluorescent brightening agents imports, with a CAGR of +6.9% from 2012 to 2022. At the same time, India (+1.8%) displayed positive paces of growth. Pakistan experienced a relatively flat trend pattern. By contrast, Sri Lanka (-6.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bangladesh increased by +15 percentage points.

In value terms, India ($X), Bangladesh ($X) and Pakistan ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 96% of total imports.

Bangladesh, with a CAGR of +8.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, dropping by -8.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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