Eastern Asia: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Eastern Asia

For the third consecutive year, the East Asian trichloroethylene and tetrachloroethylene market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption posted a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Trichloroethylene And Tetrachloroethylene Production in Eastern Asia

In value terms, trichloroethylene and tetrachloroethylene production declined modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild contraction. The growth pace was the most rapid in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports in Eastern Asia

In 2022, the amount of trichloroethylene and tetrachloroethylene (perchloroethylene) exported in Eastern Asia soared to X tons, surging by X% on the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, trichloroethylene and tetrachloroethylene exports soared to $X in 2022. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

China was the largest exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Japan (X tons), constituting a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by China (with a CAGR of X%).

In value terms, China ($X) remains the largest trichloroethylene and tetrachloroethylene supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated notable growth 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. Based on 2022 figures, trichloroethylene and tetrachloroethylene export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Japan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Trichloroethylene And Tetrachloroethylene Imports

Imports in Eastern Asia

For the third year in a row, Eastern Asia recorded growth in overseas purchases of trichloroethylene and tetrachloroethylene (perchloroethylene), which increased by X% to X tons in 2022. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, trichloroethylene and tetrachloroethylene imports soared to $X in 2022. In general, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China prevails in imports structure, finishing at X tons, which was near X% of total imports in 2022. South Korea (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the trichloroethylene and tetrachloroethylene (perchloroethylene) imports, with a CAGR of X% from 2012 to 2022. South Korea (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total imports, while South Korea saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported trichloroethylene and tetrachloroethylene (perchloroethylene) in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in China totaled X%.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, approximately reflecting the previous year. Overall, the import price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%).

Source: IndexBox Platform

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