Southern Asia: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Southern Asia

The South Asian cyclanes, cyclenes and cycloterpenes market fell to $X in 2023, which is down by X% against the previous year. The total consumption indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Southern Asia

In value terms, cyclanes, cyclenes and cycloterpenes production expanded modestly to $X in 2023 estimated in export price. Overall, production, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports in Southern Asia

In 2023, overseas shipments of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. Overall, exports posted noticeable growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports reduced rapidly to $X in 2023. In general, exports recorded a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from India (X tons), together reaching X% of total export.

India was also the fastest-growing in terms of the cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of India increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest cyclanes, cyclenes and cycloterpenes supplier in Southern Asia.

In India, cyclanes, cyclenes and cycloterpenes exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable expansion. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then reduced sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports in Southern Asia

In 2023, the amount of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) imported in Southern Asia declined dramatically to X tons, waning by X% against 2022 figures. Over the period under review, imports recorded a mild shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes imports fell sharply to $X in 2023. Overall, imports, however, saw a mild 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 attained the peak figure at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.

Imports by Country

India prevails in imports structure, reaching X tons, which was approx. X% of total imports in 2023. Bangladesh (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Pakistan (X%).

From 2012 to 2023, average annual rates of growth with regard to cyclanes, cyclenes and cycloterpenes imports into India stood at X%. At the same time, Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Bangladesh and Pakistan increased by X and X percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports.

In India, cyclanes, cyclenes and cycloterpenes imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per ton, with a decrease of X% against the previous year. Import price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 2018; however, from 2019 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform