ASEAN: Polymer Ion-Exchangers Market 2024

Polymer Ion-Exchangers Market Size in ASEAN

After two years of growth, the ASEAN polymer ion-exchangers market decreased by X% to $X in 2023. Overall, consumption saw buoyant growth. The level of consumption peaked at $X in 2022, and then declined slightly in the following year.

Polymer Ion-Exchangers Production in ASEAN

In value terms, polymer ion-exchangers production reached $X in 2023 estimated in export price. Over the period under review, production recorded a moderate increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.

Polymer Ion-Exchangers Exports

Exports in ASEAN

After two years of growth, shipments abroad of ion-exchangers based on synthetic or natural polymers in primary forms decreased by X% to X tons in 2023. In general, exports, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, polymer ion-exchangers exports declined rapidly to $X in 2023. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2022, and then plummeted in the following year.

Exports by Country

Singapore was the largest exporter of ion-exchangers based on synthetic or natural polymers in primary forms in ASEAN, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. Thailand (X tons) held the second position in the ranking, followed by Malaysia (X tons). All these countries together held near X% share of total exports. Vietnam (X tons) held a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to polymer ion-exchangers exports from Singapore stood at X%. At the same time, Vietnam (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2023. Thailand (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest polymer ion-exchangers supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Singapore, polymer ion-exchangers exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the export price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Polymer Ion-Exchangers Imports

Imports in ASEAN

In 2023, approx. X tons of ion-exchangers based on synthetic or natural polymers in primary forms were imported in ASEAN; picking up by X% against 2022 figures. Total imports indicated pronounced growth from 2012 to 2023: its volume 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. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X tons. From 2020 to 2023, the growth of imports remained at a lower figure.

In value terms, polymer ion-exchangers imports fell dramatically to $X in 2023. In general, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2022, and then shrank remarkably in the following year.

Imports by Country

The countries with the highest levels of polymer ion-exchangers imports in 2023 were Thailand (X tons), Malaysia (X tons) and Indonesia (X tons), together reaching X% of total import. Vietnam (X tons) ranks next in terms of the total imports with a X% share, followed by Singapore (X%) and the Philippines (X%).

From 2012 to 2023, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polymer ion-exchangers importing markets in ASEAN were Singapore ($X), Thailand ($X) and Malaysia ($X), with a combined X% share of total imports.

Among the main importing countries, Singapore, 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 more modest paces of growth.

Import Prices by Country

In 2023, the import price in ASEAN amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, recorded temperate growth. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2022, and then reduced notably in the following year.

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 Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform