Global Cyclic Hydrocarbons Market 2025

Cyclic Hydrocarbons Market Size

The global cyclic hydrocarbons market contracted to $X in 2022, shrinking by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the global market remained at a lower figure.

Cyclic Hydrocarbons Production

In value terms, cyclic hydrocarbons production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable downturn. The growth pace was the most rapid in 2018 when the production volume increased by X%. Global production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Cyclic Hydrocarbons Exports

Exports

In 2022, global exports of cyclic hydrocarbons fell slightly to X tons, which is down by X% compared with 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the global exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, cyclic hydrocarbons exports amounted to $X in 2022. Overall, exports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The global exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Korea (X tons), distantly followed by Japan (X tons), the Netherlands (X tons), India (X tons), the United States (X tons), Saudi Arabia (X tons), Singapore (X tons) and Taiwan (Chinese) (X tons) were the main exporters of cyclic hydrocarbons, together comprising X% of total exports. Brunei Darussalam (X tons), China (X tons), Kuwait (X tons), Germany (X tons) and Belgium (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cyclic hydrocarbons exports from South Korea stood at X%. At the same time, Brunei Darussalam (X.0%), China (X%), India (X%), Taiwan (Chinese) (X%), Saudi Arabia (X%), Singapore (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Brunei Darussalam emerged as the fastest-growing exporter exported in the world, with a CAGR of X.0% from 2012-2022. By contrast, Belgium (X%), Japan (X%), Germany (X%), the Netherlands (X%) and the United States (X%) illustrated a downward trend over the same period. South Korea (X p.p.), Brunei Darussalam (X p.p.), India (X p.p.), China (X p.p.), Saudi Arabia (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the global exports, while Japan, the United States and the Netherlands saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) remains the largest cyclic hydrocarbons supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the United States ($X), with an X% share of global exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Korea was relatively modest. In the other countries, the average annual rates were as follows: the United States (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average cyclic hydrocarbons export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brunei Darussalam (X%), while the other global leaders experienced mixed trends in the export price figures.

Cyclic Hydrocarbons Imports

Imports

In 2022, approx. X tons of cyclic hydrocarbons were imported worldwide; shrinking by X% on the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, global imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, cyclic hydrocarbons imports expanded to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, global imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China represented the main importer of cyclic hydrocarbons in the world, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. The United States (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (X%), Belgium (X%), India (X%) and the Netherlands (X%). The following importers - Mexico (X tons), South Korea (X tons), Germany (X tons), Indonesia (X tons), Turkey (X tons), Malaysia (X tons) and Saudi Arabia (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to cyclic hydrocarbons imports into China stood at X%. At the same time, Turkey (X%), India (X%), the United States (X%), Malaysia (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Taiwan (Chinese) and Mexico experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), Germany (X%), Indonesia (X%), Belgium (X%) and South Korea (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and the United States (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of South Korea (X p.p.) and Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported cyclic hydrocarbons worldwide, comprising X% of global imports. The second position in the ranking was taken by the United States ($X), with a X% share of global imports. It was followed by Belgium, with a X% share.

In China, cyclic hydrocarbons imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United States (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average cyclic hydrocarbons import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :