China - Sails - Market Analysis, Forecast, Size, Trends And Insights
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China - Sails - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: May 29, 2023

Sails Price in China Rises to $34.6 per kg

China Sail Export Price in April 2023

In April 2023, the sail price stood at $34,573 per ton (FOB, China), approximately equating the previous month. In general, export price indicated mild growth from April 2022 to April 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, sails export price decreased by -2.3% against November 2022 indices. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 55% against the previous month. As a result, the export price attained the peak level of $59,263 per ton. From November 2022 to April 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In April 2023, the country with the highest price was the United Arab Emirates ($116K per ton), while the average price for exports to Japan ($12,592 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Sail in China (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
United Arab Emirates123,883124,898N/A122,120N/A125,383126,159117,47980,8738,994150,671107,863116,100
Malaysia35,53529,38122,56047,87714,71329,86019,58337,76294,468115,71089,53787,52383,681
Norway70,03997,78874,49935,504103,92193,73031,389110,56573,44422,77384,864105,37073,172
Singapore14,78034,51833,08533,93517,31913,35315,63625,77438,41914,95321,25422,91762,270
Sweden72,04068,155115,11448,23215,12112,39755,39760,65468,92572,15786,27379,21459,359
Germany27,23030,57819,65829,31634,73139,19210,76346,00046,81879,36156,27641,86056,425
United Kingdom44,44420,58357,17564,19447,75723,78038,19027,55528,63057,41025,15235,85843,935
Netherlands49,33225,80963,29416,63130,36734,82130,78742,29646,73632,10145,79446,00041,250
France16,18116,84319,77323,53044,36932,87817,75815,01032,05912,22718,08827,47624,733
Australia38,31028,35359,56862,27522,63217,86724,00530,93038,87460,42742,09371,89823,082
United States36,84037,45326,02336,25735,53830,58236,30931,71941,07437,71242,00621,26921,116
Denmark17,38826,70415,56013,83621,66317,92016,90625,05452,40920,93611,88714,74217,872
Japan39,60928,32922,49622,41042,7814,66625,51826,25725,22423,8778,66751,72612,592
Average30,11135,99731,33431,42837,80738,16059,26335,39744,36640,96539,67134,18434,573

China Sail Exports

In April 2023, sails exports from China rose remarkably to 35 tons, picking up by 7.4% against March 2023. Overall, exports enjoyed a mild increase. The pace of growth appeared the most rapid in March 2023 with an increase of 143% against the previous month. Over the period under review, the exports attained the maximum in April 2023.

In value terms, sails exports reached $1.2M (IndexBox estimates) in April 2023. In general, exports recorded a noticeable increase. The most prominent rate of growth was recorded in March 2023 when exports increased by 110% m-o-m. Over the period under review, the exports reached the maximum in April 2023.

China Sail Exports by Country

The United States (15 tons) was the main destination for sails exports from China, with a 43% share of total exports. Moreover, sails exports to the United States exceeded the volume sent to the second major destination, the Netherlands (2.3 tons), sixfold. Japan (2.3 tons) ranked third in terms of total exports with a 6.6% share.

From April 2022 to April 2023, the average monthly growth rate of volume to the United States totaled +9.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Netherlands (+3.8% per month) and Japan (+18.5% per month).

In value terms, the United States ($314K) remains the key foreign market for sails exports from China, comprising 26% of total exports. The second position in the ranking was held by the Netherlands ($97K), with an 8.1% share of total exports. It was followed by the United Arab Emirates, with a 6.8% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of value to the United States totaled +4.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Netherlands (+2.2% per month) and the United Arab Emirates (+2.9% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sails 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:

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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

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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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
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    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

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    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
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  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

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    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
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    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

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  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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