Overview of the Global Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

The global cyclanic, cyclenic hydrocarbons derivatives market expanded rapidly to $X in 2022, picking up by 12% against the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the global market remained at a lower figure.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

In value terms, cyclanic, cyclenic hydrocarbons derivatives production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 11% against the previous year. Over the period under review, global production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports

In 2022, global exports of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons dropped slightly to X tons, declining by -2.4% compared with the previous year's figure. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, the global exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports rose to $X in 2022. Over the period under review, exports saw a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 21% against the previous year. Over the period under review, the global exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Japan (X tons) represented the largest exporter of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons, making up 59% of total exports. It was distantly followed by China (X tons), comprising a 29% share of total exports. The United States (X tons), Taiwan (Chinese) (X tons) and India (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cyclanic, cyclenic hydrocarbons derivatives exports from Japan stood at +2.5%. At the same time, Taiwan (Chinese) (+52.8%) and India (+7.6%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in the world, with a CAGR of +52.8% from 2012-2022. By contrast, China (-9.7%) and the United States (-29.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Japan, Taiwan (Chinese) and India increased by +43, +2.3 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cyclanic, cyclenic hydrocarbons derivatives supplying countries worldwide were China ($X), Japan ($X) and Taiwan (Chinese) ($X), together accounting for 73% of global exports.

Taiwan (Chinese), with a CAGR of +52.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cyclanic, cyclenic hydrocarbons derivatives export price amounted to $X per ton, with an increase of 7.1% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclanic, cyclenic hydrocarbons derivatives export price decreased by -6.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 16%. The global export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.7%), while the other global leaders experienced more modest paces of growth.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports

In 2022, purchases abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons increased by 12% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 41% against the previous year. Over the period under review, global imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports surged to $X in 2022. Overall, imports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 33% against the previous year. Over the period under review, global imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the largest importer of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons, comprising 52% of total imports. The United States (X tons) ranks second in terms of the total imports with a 12% share, followed by Japan (11%) and Taiwan (Chinese) (6.5%). South Korea (X tons), Germany (X tons) and India (X tons) took a minor share of total imports.

Imports into China decreased at an average annual rate of -2.2% from 2012 to 2022. At the same time, India (+16.7%) and Taiwan (Chinese) (+3.2%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +16.7% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, the United States (-4.3%), South Korea (-12.9%) and Germany (-18.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Japan, the United States, Taiwan (Chinese) and India increased by +28, +6.3, +5.1, +4.7 and +2.5 percentage points, respectively.

In value terms, the largest cyclanic, cyclenic hydrocarbons derivatives importing markets worldwide were Japan ($X), South Korea ($X) and Taiwan (Chinese) ($X), together comprising 48% of global imports. China, the United States, Germany and India lagged somewhat behind, together comprising a further 35%.

India, with a CAGR of +39.1%, recorded 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cyclanic, cyclenic hydrocarbons derivatives import price amounted to $X per ton, rising by 4.4% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyclanic, cyclenic hydrocarbons derivatives import price increased by +71.6% against 2014 indices. The most prominent rate of growth was recorded in 2019 an increase of 30% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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