China - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Fatty Alcohols Price in China Grows Slightly to $1,519 per Ton
China Industrial Fatty Alcohols Import Price in April 2023
In April 2023, the industrial fatty alcohols price amounted to $1,519 per ton (CIF, China), growing by 2.5% against the previous month. Overall, the import price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in November 2022 when the average import price increased by 11% month-to-month. Over the period under review, average import prices hit record highs at $2,988 per ton in June 2022; however, from July 2022 to April 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,495 per ton), while the price for South Africa ($988 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.5%), while the prices for the other major suppliers experienced a decline.
| COUNTRY | Import Price of Industrial Fatty Alcohols in China (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| United States | 2,657 | 2,651 | 2,738 | 2,903 | 2,901 | 3,018 | 2,689 | 2,525 | 2,564 | 2,864 | 2,460 | 2,518 | 2,495 |
| Malaysia | 2,866 | 2,709 | 2,854 | 2,678 | 2,253 | 1,667 | 1,605 | 1,663 | 1,570 | 1,601 | 1,529 | 1,444 | 1,575 |
| Indonesia | 2,699 | 2,843 | 2,801 | 2,055 | 1,735 | 1,485 | 1,433 | 1,511 | 1,441 | 1,392 | 1,427 | 1,392 | 1,436 |
| Thailand | 2,942 | 3,046 | 2,836 | 2,706 | 2,303 | 1,867 | 1,874 | 1,505 | 1,538 | 1,387 | 1,420 | 1,403 | 1,403 |
| South Africa | 1,176 | 1,711 | N/A | 928 | 1,306 | 1,920 | 819 | 615 | 859 | 1,012 | 1,000 | 920 | 988 |
| Average | 2,598 | 2,732 | 2,988 | 2,298 | 1,944 | 1,702 | 1,520 | 1,680 | 1,617 | 1,558 | 1,528 | 1,482 | 1,519 |
China Industrial Fatty Alcohols Imports
In April 2023, the amount of industrial fatty alcohols imported into China shrank to 46K tons, declining by -12.6% against the month before. In general, imports, however, continue to indicate moderate growth. The pace of growth appeared the most rapid in August 2022 when imports increased by 50% against the previous month.
In value terms, industrial fatty alcohols imports fell to $69M (IndexBox estimates) in April 2023. Overall, imports recorded a slight shrinkage. The pace of growth appeared the most rapid in August 2022 when imports increased by 27% against the previous month.
China Industrial Fatty Alcohols Imports by Country
In April 2023, Indonesia (25K tons) constituted the largest supplier of industrial fatty alcohols to China, with a 56% share of total imports. Moreover, industrial fatty alcohols imports from Indonesia exceeded the figures recorded by the second-largest supplier, Malaysia (12K tons), twofold. The third position in this ranking was held by Thailand (2.9K tons), with a 6.4% share.
From April 2022 to April 2023, the average monthly growth rate of volume from Indonesia totaled +2.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Malaysia (+5.4% per month) and Thailand (+2.6% per month).
In value terms, the largest industrial fatty alcohols suppliers to China were Indonesia ($37M), Malaysia ($19M) and Thailand ($4.1M), with a combined 87% share of total imports. These countries were followed by the United States and South Africa, which together accounted for a further 8.8%.
Among the main suppliers, the United States, with a CAGR of +8.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
This report provides an in-depth analysis of the industrial fatty alcohols 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.
Product coverage:
- Prodcom 20142100 - Industrial fatty alcohols
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
