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Asia’s Dichloromethane Market Shifts as Vietnam and China Lead in 2024

Vietnam’s record prices and China’s export strength redefine Asia’s chemical trade. But why did volumes drop while market value soared?

In this image in the center there is a bottle with some text written on it.
In this image in the center there is a bottle with some text written on it.

Asia’s Dichloromethane Market Shifts as Vietnam and China Lead in 2024

The Asian dichloromethane market witnessed significant shifts in 2024, with Vietnam leading import prices and China dominating exports. Meanwhile, Turkey emerged as the region's primary importer.

Vietnam topped the list with the highest import price of dichloromethane in Asia, reaching $X per ton in 2024. Meanwhile, China maintained its position as the main exporting country, shipping around X tons. Turkey, on the other hand, imported the most, with around X tons.

The overall import price of dichloromethane in Asia remained stable at $X per ton in 2024, unchanged from the previous year. Consumption patterns showed a relatively flat trend between 2022 and 2024. Despite this, the market's value surged to $X in 2024, marking an X% increase year-on-year.

Stricter environmental regulations, supply chain disruptions, and increased domestic demand contributed to a decrease in exports from some Asian countries between 2023 and 2024. Production, however, expanded slightly to $X in 2024, demonstrating a tangible increase over the past twelve years.

In 2024, Asia imported approximately X tons of dichloromethane, a X% decrease compared to the previous year. Exports also fell remarkably to X tons, with a X% decrease on the year before. The export price remained stable at $X per ton.

In summary, while the Asian dichloromethane market saw growth in value and production, import and export volumes decreased in 2024. Price stability was observed despite fluctuations in trade volumes. The region's top importer and exporter positions remained unchanged, with Vietnam, China, and Turkey leading their respective categories.

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