China - Esters Of Acrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcrylic Acid Esters Price in China - 2023
Contents:
- Acrylic Acid Esters Price in China (FOB) - 2023
- Acrylic Acid Esters Price in China (CIF) - 2022
- Acrylic Acid Esters Exports in China
- Acrylic Acid Esters Imports in China
Acrylic Acid Esters Price in China (FOB) - 2023
The average acrylic acid esters export price stood at $1,536 per ton in June 2023, picking up by 14% against the previous month. Overall, the export price, however, showed a pronounced contraction. Over the period under review, the average export prices reached the maximum at $2,325 per ton in July 2022; however, from August 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Japan ($1,990 per ton), while the average price for exports to the Philippines ($1,036 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-0.3%), while the prices for the other major destinations experienced a decline.
Acrylic Acid Esters Price in China (CIF) - 2022
The average acrylic acid esters import price stood at $2,784 per ton in 2022, dropping by -15.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 41% against the previous year. Over the period under review, average import prices hit record highs at $3,292 per ton in 2021, and then dropped rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,482 per ton), while the price for Russia ($1,010 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Acrylic Acid Esters Exports in China
Acrylic acid esters exports from China declined remarkably to 386K tons in 2022, falling by -28.6% against the previous year's figure. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 250%. As a result, the exports reached the peak of 541K tons, and then dropped notably in the following year.
In value terms, acrylic acid esters exports reduced dramatically to $804M in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 430% against the previous year. As a result, the exports reached the peak of $1.3B, and then contracted significantly in the following year.
| Export of Acrylic Acid Esters in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 93.9 | 66.1 | 362 | 188 | 26.0% |
| Turkey | 11.7 | 5.5 | 166 | 104 | 107.1% |
| Belgium | 8.0 | 2.3 | 80.6 | 67.8 | 103.9% |
| South Korea | 26.6 | 23.7 | 72.2 | 56.3 | 28.4% |
| Malaysia | 14.6 | 12.0 | 38.4 | 27.9 | 24.1% |
| Brazil | 15.0 | 7.0 | 18.4 | 27.6 | 22.5% |
| Vietnam | 18.5 | 13.9 | 31.3 | 27.5 | 14.1% |
| Netherlands | 6.4 | 4.7 | 61.9 | 26.0 | 59.6% |
| Japan | 20.4 | 15.3 | 32.3 | 23.1 | 4.2% |
| Indonesia | 7.6 | 8.3 | 28.0 | 22.7 | 44.0% |
| Egypt | 0.9 | 2.3 | 23.5 | 21.9 | 189.8% |
| United States | 15.3 | 3.2 | 37.5 | 21.7 | 12.4% |
| Pakistan | 7.2 | 6.0 | 16.5 | 11.9 | 18.2% |
| Others | 76.8 | 66.3 | 285 | 178 | 32.3% |
| Total | 323 | 237 | 1,254 | 804 | 35.5% |
Top Export Markets for Acrylic Acid Esters from China in 2022:
- India (100.9K tons)
- Turkey (57.0K tons)
- Belgium (34.1K tons)
- South Korea (26.9K tons)
- Malaysia (16.2K tons)
- Vietnam (13.9K tons)
- Brazil (13.2K tons)
- Egypt (12.1K tons)
- Indonesia (11.8K tons)
- Netherlands (10.8K tons)
- United States (7.4K tons)
- Japan (6.5K tons)
- Pakistan (6.2K tons)
Acrylic Acid Esters Imports in China
In 2022, approx. 63K tons of esters of acrylic acid were imported into China; growing by 10% against 2021 figures. The total import volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, acrylic acid esters imports dropped to $175M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of $188M, and then reduced in the following year.
| Import of Acrylic Acid Esters in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 24.4 | 30.0 | 51.5 | 53.9 | 30.2% |
| Malaysia | 25.5 | 24.4 | 45.6 | 27.8 | 2.9% |
| Belgium | 22.3 | 23.5 | 25.3 | 23.8 | 2.2% |
| Japan | 13.6 | 13.5 | 21.5 | 21.2 | 15.9% |
| Germany | 11.3 | 9.6 | 12.1 | 14.0 | 7.4% |
| Russia | N/A | N/A | N/A | 12.9 | 0% |
| Taiwan (Chinese) | 13.2 | N/A | N/A | N/A | 0% |
| Others | 4.3 | 22.4 | 32.2 | 21.6 | 71.3% |
| Total | 115 | 123 | 188 | 175 | 15.0% |
Top Suppliers of Acrylic Acid Esters to China in 2022:
- Malaysia (15.4K tons)
- South Korea (14.8K tons)
- Russia (12.8K tons)
- Belgium (6.0K tons)
- Germany (5.7K tons)
- Japan (4.2K tons)
This report provides an in-depth analysis of the acrylic acid esters 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 20143320 - Esters of acrylic acid
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
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