Global Acyclic Hydrocarbons Derivatives Market 2024

Acyclic Hydrocarbons Derivatives Market Size

After two years of decline, the global acyclic hydrocarbons derivatives market increased by 6.5% to $X in 2021. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the global market failed to regain momentum.

Acyclic Hydrocarbons Derivatives Production

In value terms, acyclic hydrocarbons derivatives production expanded to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, global production growth failed to regain momentum.

Acyclic Hydrocarbons Derivatives Exports

Exports

In 2021, after two years of decline, there was significant growth in shipments abroad of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons, when their volume increased by 15% to X tons. The total export volume increased at an average annual rate of +2.4% over the period from 2012 to 2021; 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 15%. Over the period under review, the global exports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, acyclic hydrocarbons derivatives exports skyrocketed to $X in 2021. Over the period under review, total exports indicated noticeable growth 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. The pace of growth was the most pronounced in 2017 when exports increased by 30% against the previous year. Over the period under review, the global exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

China was the major exporter of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons in the world, with the volume of exports recording X tons, which was near 62% of total exports in 2021. The United States (X tons) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (6.7%). Japan (X tons), India (X tons), the UK (X tons), Israel (X tons), Belgium (X tons) and France (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to acyclic hydrocarbons derivatives exports from China stood at +5.9%. At the same time, India (+44.9%), the Netherlands (+3.5%) and Japan (+2.8%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +44.9% from 2012-2021. Israel experienced a relatively flat trend pattern. By contrast, Belgium (-2.2%), the UK (-3.8%), the United States (-5.0%) and France (-11.5%) illustrated a downward trend over the same period. China (+16 p.p.) and India (+3.1 p.p.) significantly strengthened its position in terms of the global exports, while the UK, France and the United States saw its share reduced by -1.6%, -4.4% and -10.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest acyclic hydrocarbons derivatives supplying countries worldwide were China ($X), the United States ($X) and the Netherlands ($X), together comprising 70% of global exports. These countries were followed by Japan, India, the UK, Belgium, France and Israel, which together accounted for a further 18%.

Among the main exporting countries, India, with a CAGR of +34.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average acyclic hydrocarbons derivatives export price amounted to $X per ton, increasing by 2.7% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, acyclic hydrocarbons derivatives export price increased by +48.8% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. The global export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while China ($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 United States (+9.9%), while the other global leaders experienced more modest paces of growth.

Acyclic Hydrocarbons Derivatives Imports

Imports

In 2021, purchases abroad of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 14%. Over the period under review, global imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, acyclic hydrocarbons derivatives imports skyrocketed to $X in 2021. In general, total imports indicated noticeable growth 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. The pace of growth appeared the most rapid in 2017 when imports increased by 31%. Global imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, the United States (X tons), distantly followed by the Netherlands (X tons), Japan (X tons) and India (X tons) were the largest importers of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons, together constituting 42% of total imports. South Korea (X tons), the UK (X tons), Mexico (X tons), Brazil (X tons), the United Arab Emirates (X tons), Germany (X tons), Thailand (X tons), Belgium (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to acyclic hydrocarbons derivatives imports into the United States stood at +6.8%. At the same time, India (+9.5%), the United Arab Emirates (+7.8%), Brazil (+7.3%), Thailand (+5.0%), South Korea (+4.7%), Japan (+2.9%), the Netherlands (+2.2%) and Mexico (+2.2%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +9.5% from 2012-2021. By contrast, Belgium (-2.1%), Germany (-2.7%), the UK (-4.5%) and Italy (-6.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States and India increased by +6.9 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest acyclic hydrocarbons derivatives importing markets worldwide were the Netherlands ($X), the United States ($X) and South Korea ($X), together comprising 37% of global imports.

In terms of the main importing countries, South Korea, with a CAGR of +12.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average acyclic hydrocarbons derivatives import price amounted to $X per ton, increasing by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 14%. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Korea ($X per ton), while Thailand ($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 Netherlands (+8.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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