ASEAN: Market for Ether-Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives (Excluding 2,2-Oxydiethanol) 2024

Market Size for Ether-Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives (Excluding 2,2-Oxydiethanol) in ASEAN

In 2023, the ASEAN market for ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding X-oxydiethanol) decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The total consumption indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Ether-Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives (Excluding X-Oxydiethanol) in ASEAN

In value terms, production of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding X-oxydiethanol) shrank significantly to $X in 2023 estimated in export price. In general, production recorded a slight curtailment. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2023, production of growth remained at a somewhat lower figure.

Exports of Ether-Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives (Excluding 2,2-Oxydiethanol)

Exports in ASEAN

In 2023, overseas shipments of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding X-oxydiethanol) decreased by X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports, however, recorded slight growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding X-oxydiethanol) declined notably to $X in 2023. In general, exports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

Malaysia represented the main exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Thailand (X tons) and Singapore (X tons), together mixing up a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Thailand (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Malaysia ($X), Thailand ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports.

Thailand, with a CAGR of X%, 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 leaders experienced a decline in the exports figures.

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price recorded a perceptible shrinkage. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2022, and then declined dramatically in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the export price figures.

Imports of Ether-Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives (Excluding 2,2-Oxydiethanol)

Imports in ASEAN

In 2023, supplies from abroad of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding X-oxydiethanol) decreased by X% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, imports of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding X-oxydiethanol) reduced dramatically to $X in 2023. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2022, and then contracted significantly in the following year.

Imports by Country

The purchases of the three major importers of ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (excluding X-oxydiethanol), namely Thailand, Singapore and Indonesia, represented more than two-thirds of total import. Vietnam (X tons) held the next position in the ranking, followed by Malaysia (X tons) and the Philippines (X tons). All these countries together took near X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ether-alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives importing markets in ASEAN were Indonesia ($X), Singapore ($X) and Thailand ($X), with a combined X% share of total imports. Vietnam, Malaysia and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in ASEAN amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price saw a mild slump. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2022, and then shrank notably in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Indonesia ($X per ton) and Vietnam ($X per ton), while Thailand ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform