Asia-Pacific: Market for Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) 2024

Market Size for Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) in Asia-Pacific

The Asia-Pacific market for salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) reached $X in 2022, surging by X% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Production of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates) in Asia-Pacific

In value terms, production of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) reduced to $X in 2022 estimated in export price. Over the period under review, production showed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Exports in Asia-Pacific

In 2022, overseas shipments of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) increased by X% to X tons, rising for the sixth year in a row after two years of decline. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) skyrocketed to $X in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

In 2022, South Korea (X tons) was the main exporter of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates), making up X% of total exports. It was distantly followed by Japan (X tons) and China (X tons), together comprising a X% share of total exports.

South Korea was also the fastest-growing in terms of the salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) exports, with a CAGR of X% from 2012 to 2022. At the same time, Japan (X%) and China (X%) displayed positive paces of growth. South Korea (X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) remains the largest salts of oxometallic and peroxometallic acids supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports.

In South Korea, exports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and China (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price posted a remarkable increase. As a result, the export price reached 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 2022, amid the top suppliers, 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 Japan (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Salts Of Oxometallic And Peroxometallic Acids (Excluding Chromates, Dichromates, Peroxochromates, Manganites, Manganates, Permanganates, Molybdates, Tungstates)

Imports in Asia-Pacific

Imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) soared to X tons in 2022, increasing by X% against 2021. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) skyrocketed to $X in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Japan (X tons) represented the major importer of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates), constituting X% of total imports. It was distantly followed by South Korea (X tons), mixing up a X% share of total imports. The following importers - China (X tons), Malaysia (X tons), Taiwan (Chinese) (X tons), Indonesia (X tons) and Thailand (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constitutes the largest market for imported salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by China, with an X% share.

In South Korea, imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, rising by X% against the previous year. Import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, 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 South Korea ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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