
China - Synthetic Organic Products Used As Fluorescent Brightening Agents - Market Analysis, Forecast, Size, Trends And Insights
Fluorescent Brightening Agent Price in China Grows Modestly to $4,480 per Ton
China Fluorescent Brightening Agents Export Price in September 2022
In September 2022, the fluorescent brightening agents price stood at $4,480 per ton (FOB, China), with an increase of 14% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2022 an increase of 17% against the previous month. Over the period under review, the average export prices attained the peak figure at $5,345 per ton in March 2022; however, from April 2022 to September 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was India ($15,070 per ton), while the average price for exports to Singapore ($1,158 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
China Fluorescent Brightening Agents Exports
In September 2022, overseas shipments of synthetic organic products used as fluorescent brightening agents decreased by -28% to 3K tons, falling for the third month in a row after four months of growth. Overall, exports recorded a pronounced slump. The most prominent rate of growth was recorded in March 2022 with an increase of 57% month-to-month. Over the period under review, the exports reached the maximum at 4.7K tons in June 2022; however, from July 2022 to September 2022, the exports remained at a lower figure.
In value terms, fluorescent brightening agents exports contracted significantly to $13M (IndexBox estimates) in September 2022. Over the period under review, exports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in March 2022 when exports increased by 65% m-o-m. The exports peaked at 20K tons in May 2022; however, from June 2022 to September 2022, the exports failed to regain momentum.
China Fluorescent Brightening Agents Exports by Country
Japan (446 tons), Indonesia (311 tons) and Vietnam (198 tons) were the main destinations of fluorescent brightening agents exports from China, with a combined 32% share of total exports.
From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +15.0%), while the other leaders experienced more modest paces of growth.
In value terms, Indonesia ($2.1M) remains the key foreign market for fluorescent brightening agents exports from China, comprising 16% of total exports. The second position in the ranking was taken by India ($1M), with a 7.7% share of total exports. It was followed by Vietnam, with a 7% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value to Indonesia stood at +7.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: India (+0.6% per month) and Vietnam (-1.3% per month).
This report provides an in-depth analysis of the fluorescent brightening agents market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
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Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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