Asia-Pacific: Aldehydes Cyclic Polymers Market 2024

Aldehydes Cyclic Polymers Market Size in Asia-Pacific

In 2023, the Asia-Pacific aldehydes cyclic polymers market decreased by X% to $X, falling for the second consecutive year after five years of growth. Over the period under review, consumption, however, enjoyed a moderate increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Aldehydes Cyclic Polymers Production in Asia-Pacific

In value terms, aldehydes cyclic polymers production contracted dramatically to $X in 2023 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2023, production remained at a lower figure.

Aldehydes Cyclic Polymers Exports

Exports in Asia-Pacific

In 2023, after two years of growth, there was significant decline in shipments abroad of cyclic polymers of aldehydes, when their volume decreased by X% to X tons. In general, exports showed a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, aldehydes cyclic polymers exports reduced rapidly to $X in 2023. Overall, exports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

China prevails in exports structure, reaching X tons, which was near X% of total exports in 2023. India (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to aldehydes cyclic polymers exports from China stood at X%. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of China and India increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aldehydes cyclic polymers supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

In China, aldehydes cyclic polymers exports shrank by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2023, falling by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while China amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%).

Aldehydes Cyclic Polymers Imports

Imports in Asia-Pacific

In 2023, overseas purchases of cyclic polymers of aldehydes decreased by X% to X tons, falling for the second consecutive year after four years of growth. In general, imports continue to indicate a slight curtailment. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, aldehydes cyclic polymers imports contracted significantly to $X in 2023. Overall, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Vietnam represented the main importer of cyclic polymers of aldehydes in Asia-Pacific, with the volume of imports resulting at X tons, which was near X% of total imports in 2023. India (X tons) ranks second in terms of the total imports with a X% share, followed by Australia (X%) and China (X%). The following importers - Japan (X tons) and Malaysia (X tons) - together made up X% of total imports.

Imports into Vietnam decreased at an average annual rate of X% from 2012 to 2023. At the same time, India (X%), Japan (X%) and Australia (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, China (X%) and Malaysia (X%) illustrated a downward trend over the same period. While the share of India (X p.p.), Japan (X p.p.) and Australia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Malaysia (X p.p.), Vietnam (X p.p.) and China (X p.p.) displayed negative dynamics.

In value terms, India ($X), Vietnam ($X) and China ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Among the main importing countries, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then shrank rapidly in the following year.

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

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

Source: IndexBox Platform