ASEAN: Market for Thiocarbamates, Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine 2024

Market Size for Thiocarbamates, Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in ASEAN

For the third year in a row, the ASEAN market for thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption continues to indicate resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Thiocarbamates, Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine in ASEAN

In value terms, production of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine amounted to $X in 2022 estimated in export price. The total production indicated a prominent increase 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Thiocarbamates, Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine

Exports in ASEAN

In 2022, exports of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine in ASEAN skyrocketed to X tons, increasing by X% on the previous year. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine skyrocketed to $X in 2022. In general, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Malaysia (X tons) represented the major exporter of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine in ASEAN, making up X% of total export.

Malaysia was also the fastest-growing in terms of the thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Malaysia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) also remains the largest thio- and dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine supplier in ASEAN.

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

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to X% per year.

Imports of Thiocarbamates, Dithiocarbamates, Thiuram Mono-, Di- or Tetrasulphides and Methionine

Imports in ASEAN

After two years of growth, purchases abroad of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine decreased by X% to X tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports of attained the peak figure at X tons in 2021, and then reduced markedly in the following year.

In value terms, imports of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine fell dramatically to $X in 2022. In general, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

The Philippines (X tons) and Thailand (X tons) represented the key importers of thiocarbamates, dithiocarbamates, thiuram mono-, di- or tetrasulphides and methionine in 2022, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by Indonesia (X tons), Vietnam (X tons), Malaysia (X tons) and Myanmar (X tons), together committing a X% share of total imports. Singapore (X tons) took a relatively small share of total imports.

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

In value terms, the Philippines ($X), Thailand ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Vietnam, Malaysia, Myanmar and Singapore lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 ASEAN stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Singapore ($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 a decline in the import price figures.

Source: IndexBox Platform

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