Report World - Toluene - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Toluene - Market Analysis, Forecast, Size, Trends and Insights

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Global Toluene Market 2024

Toluene Market Size

The global toluene market stood at $X in 2021, surging by 7.4% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Global consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Toluene Production

In value terms, toluene production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 with an increase of 14% against the previous year. Global production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Toluene Exports

Exports

In 2021, shipments abroad of toluene decreased by -5.6% to X tons, falling for the third year in a row after three years of growth. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 19% against the previous year. Over the period under review, the global exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, toluene exports surged to $X in 2021. Over the period under review, exports showed a perceptible decline. Over the period under review, the global exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Japan (X tons), followed by Taiwan (Chinese) (X tons), Thailand (X tons), South Korea (X tons), Belgium (X tons), Germany (X tons) and Singapore (X tons) were the key exporters of toluene, together committing 70% of total exports. The Netherlands (X tons), China (X tons), Italy (X tons), the United States (X tons), Spain (X tons) and Malaysia (X tons) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +40.4%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Japan ($X), Thailand ($X) and Taiwan (Chinese) ($X) constituted the countries with the highest levels of exports in 2021, with a combined 37% share of global exports. These countries were followed by South Korea, Belgium, Singapore, Germany, the United States, the Netherlands, China, Italy, Spain and Malaysia, which together accounted for a further 50%.

Among the main exporting countries, China, with a CAGR of +32.8%, recorded the highest rates of growth with regard to 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

The average toluene export price stood at $X per ton in 2021, rising by 51% against the previous year. Over the period under review, the export price, however, showed a deep downturn. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, 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 the United States ($X per ton), while Japan ($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 (+1.9%), while the other global leaders experienced a decline in the export price figures.

Toluene Imports

Imports

In 2021, supplies from abroad of toluene increased by 2.4% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 13%. Global imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, toluene imports surged to $X in 2021. In general, imports, however, showed a noticeable contraction. Global imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

South Korea (X tons), India (X tons) and the United States (X tons) represented roughly 52% of total imports in 2021. It was distantly followed by China (X tons), achieving a 6.3% share of total imports. Vietnam (X tons), the Netherlands (X tons), Indonesia (X tons), Belgium (X tons), Germany (X tons), Turkey (X tons) and Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +23.3%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, India ($X), South Korea ($X) and the United States ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 46% share of global imports.

South Korea, with a CAGR of +16.4%, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average toluene import price amounted to $X per ton, growing by 37% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decline. Global import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-4.4%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 48% share of global consumption. These countries were followed by Japan, Taiwan Chinese), Brazil, Germany, Russia, the UK, Italy, South Korea, Iran and Spain, which together accounted for a further 29%.
The countries with the highest volumes of in 2021 were China, the United States and Japan, with a combined 44% share of global production. These countries were followed by India, Germany, Brazil, Taiwan Chinese), Thailand, Russia, the UK, Italy, Singapore and Spain, which together accounted for a further 33%.
In value terms, Japan, South Korea and Thailand appeared to be the countries with the highest levels of exports in 2021, together accounting for 41% of global exports. Singapore, Belgium, Germany, the United States, the Netherlands, Italy, Spain, Malaysia and Israel lagged somewhat behind, together comprising a further 45%.
In value terms, India, South Korea and the United States appeared to be the countries with the highest levels of imports in 2021, together comprising 44% of global imports. These countries were followed by China, Vietnam, the Netherlands, Belgium, Indonesia, Turkey, Germany, Saudi Arabia, Taiwan Chinese) and Singapore, which together accounted for a further 36%.
In 2021, the average toluene export price amounted to $682 per ton, picking up by 37% against the previous year.
In 2021, the average toluene import price amounted to $652 per ton, growing by 23% against the previous year.

This report provides an in-depth analysis of the global toluene market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20141225 - Toluene

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

BASF, Chevron Phillips Chemical Company LLC, Dhanlaxami Organics & Chemicals, ExxonMobil Corporation, Kakdiya Chemicals, LyondellBasell Industries Holdings B.V., Mitsubishi Chemicals, Pon Pure Chemicals, Valero Energy, Sabic, INEOS, Phillips Petroleum Co., Hydrite Chemical Co., Braskem, Mallinckrodt, Shell Canada Products, GFS Chemicals, Reagents, Rosneft, Shandong Baovi Energy Technology Co.

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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