Global Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size

The global organo-inorganic compounds market expanded rapidly to $X in 2021, increasing by 5.6% against the previous year. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Organo-Inorganic Compounds Production

In value terms, organo-inorganic compounds production shrank to $X in 2021 estimated in export price. Over the period under review, production showed a significant contraction. The most prominent rate of growth was recorded in 2018 with an increase of 336% against the previous year. Over the period under review, global production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Organo-Inorganic Compounds Exports

Exports

In 2021, global organo-inorganic compounds exports expanded notably to X tons, picking up by 12% on the previous year. The total export volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 32%. Over the period under review, the global exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, organo-inorganic compounds exports surged to $X in 2021. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the main exporter of organo-inorganic compounds (excluding organo-sulphur compounds) in the world, with the volume of exports amounting to X tons, which was approx. 47% of total exports in 2021. The United States (X tons) held a 17% share (based on physical terms) of total exports, which put it in second place, followed by Germany (7.7%). Thailand (X tons), the UK (X tons), India (X tons), Belgium (X tons), the Netherlands (X tons), Japan (X tons) and Italy (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +6.0% from 2012 to 2021. At the same time, Thailand (+29.9%), Japan (+9.8%), India (+8.1%), the Netherlands (+4.5%), Italy (+4.1%) and Germany (+1.8%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +29.9% from 2012-2021. Belgium and the United States experienced a relatively flat trend pattern. By contrast, the UK (-2.7%) illustrated a downward trend over the same period. While the share of China (+7.7 p.p.) and Thailand (+3.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Belgium (-1.6 p.p.), Germany (-1.6 p.p.), the UK (-3.4 p.p.) and the United States (-8.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest organo-inorganic compounds supplier worldwide, comprising 48% of global exports. The second position in the ranking was taken by the United States ($X), with a 14% share of global exports. It was followed by Germany, with an 11% share.

In China, organo-inorganic compounds exports expanded at an average annual rate of +10.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+1.3% per year) and Germany (+2.5% per year).

Export Prices by Country

The average organo-inorganic compounds export price stood at $X per ton in 2021, surging by 35% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the other global leaders experienced more modest paces of growth.

Organo-Inorganic Compounds Imports

Imports

In 2021, overseas purchases of organo-inorganic compounds (excluding organo-sulphur compounds) increased by 17% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, organo-inorganic compounds imports skyrocketed to $X in 2021. Overall, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons), followed by Argentina (X tons), Brazil (X tons) and Belgium (X tons) were the main importers of organo-inorganic compounds (excluding organo-sulphur compounds), together mixing up 43% of total imports. Germany (X tons), the Netherlands (X tons), Russia (X tons), India (X tons), South Korea (X tons), Japan (X tons), Indonesia (X tons), France (X tons) and Australia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +11.8%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2021, with a combined 32% share of global imports. South Korea, Japan, Belgium, Germany, the Netherlands, India, Indonesia, Russia, Australia and France lagged somewhat behind, together comprising a further 34%.

Among the main importing countries, Russia, with a CAGR of +13.9%, saw the highest growth rate of 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

The average organo-inorganic compounds import price stood at $X per ton in 2021, rising by 19% against the previous year. Over the last nine years, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+5.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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