China - Amino Resins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmino Resin Price in China - 2023
Contents:
- Amino Resin Price in China (FOB) - 2023
- Amino Resin Price in China (CIF) - 2023
- Amino Resin Exports in China
- Amino Resin Imports in China
Amino Resin Price in China (FOB) - 2023
The average amino resin export price stood at $1,463 per ton in September 2023, falling by -5.1% against the previous month. Over the period under review, the export price showed a noticeable contraction. The pace of growth was the most pronounced in July 2023 an increase of 4.7% against the previous month. The export price peaked at $2,108 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was the United Arab Emirates ($2,451 per ton), while the average price for exports to the Netherlands ($820 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.9%), while the prices for the other major destinations experienced a decline.
Amino Resin Price in China (CIF) - 2023
The average amino resin import price stood at $1,480 per ton in September 2023, which is down by -6.5% against the previous month. In general, the import price showed a slight setback. The most prominent rate of growth was recorded in February 2023 an increase of 17% month-to-month. Over the period under review, average import prices hit record highs at $1,753 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2,071 per ton), while the price for Saudi Arabia ($1,330 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.5%), while the prices for the other major suppliers experienced a decline.
Amino Resin Exports in China
Amino resin exports from China contracted slightly to 991K tons in 2022, remaining constant against 2021 figures. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of 996K tons, leveling off in the following year.
In value terms, amino resin exports rose modestly to $2.1B in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 156%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Amino Resin in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 174 | 150 | 529 | 473 | 39.6% |
| Netherlands | 62.5 | 68.6 | 270 | 303 | 69.2% |
| Russia | 41.2 | 37.9 | 102 | 166 | 59.1% |
| South Korea | 71.3 | 71.9 | 131 | 139 | 24.9% |
| United Arab Emirates | 17.6 | 32.9 | 63.4 | 112 | 85.3% |
| India | 49.2 | 47.9 | 117 | 103 | 27.9% |
| Turkey | 35.6 | 33.9 | 90.7 | 97.1 | 39.7% |
| Vietnam | 65.1 | 61.9 | 83.4 | 83.5 | 8.7% |
| Brazil | 25.1 | 31.9 | 57.0 | 81.1 | 47.8% |
| Thailand | 42.7 | 49.3 | 76.3 | 68.1 | 16.8% |
| Canada | 18.6 | 16.1 | 84.3 | 64.3 | 51.2% |
| Japan | 55.1 | 42.5 | 66.2 | 55.0 | -0.1% |
| Belgium | 15.0 | N/A | 40.0 | 54.3 | 53.5% |
| Others | 187 | 156 | 342 | 348 | 23.0% |
| Total | 860 | 801 | 2,052 | 2,147 | 35.7% |
Top Export Markets for Amino Resin from China in 2022:
- United States (225.6K tons)
- Netherlands (145.1K tons)
- South Korea (68.6K tons)
- Russia (65.3K tons)
- India (47.5K tons)
- Turkey (46.6K tons)
- United Arab Emirates (41.0K tons)
- Brazil (40.4K tons)
- Vietnam (37.0K tons)
- Thailand (31.0K tons)
- Belgium (30.6K tons)
- Canada (29.9K tons)
- Japan (25.3K tons)
Amino Resin Imports in China
In 2022, overseas purchases of amino resins decreased by -4.2% to 291K tons, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 16%. As a result, imports reached the peak of 374K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, amino resin imports shrank to $572M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of $649M, and then reduced in the following year.
| Import of Amino Resin in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 173 | 161 | 243 | 221 | 8.5% |
| Japan | 167 | 163 | 210 | 181 | 2.7% |
| South Korea | 83.2 | 136 | 147 | 132 | 16.6% |
| Others | 46.3 | 54.7 | 49.5 | 37.7 | -6.6% |
| Total | 470 | 515 | 649 | 572 | 6.8% |
Top Suppliers of Amino Resin to China in 2022:
- Saudi Arabia (119.9K tons)
- Japan (103.3K tons)
- South Korea (57.0K tons)
This report provides an in-depth analysis of the amino resin 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 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)
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
-
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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This report provides an in-depth analysis of the amino resin market in China.
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This report provides an in-depth analysis of the global amino resin market.
1800
This report provides an in-depth analysis of the global amino-resin market.
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The most notable growth rate was observed in January 2023 with a 73% increase compared to the previous month. In terms of value, Amino Resin exports decreased to $85M in December 2023.
364
In February 2023, the amino resin price amounted to $1,660 per ton (FOB, China), dropping by -5.8% against the previous month.
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In September 2022, the amino resin price amounted to $2,108 per ton (FOB, China), dropping by -7.2% against the previous month.
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Imports of Phenolic Resins surged to $26M in June 2023 in terms of value.
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In value terms, polyurethanes imports reduced to $59M in April 2023.
501
The global amino resin market revenue amounted to $68.1B in 2018, rising by 6.6% against the previous year. This...
951
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
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In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
2874
The global trade in amino-resins, phenolic resins and polyurethanes (in primary forms) amounted to X million USD in 2015, fluctuating perceptibly over the period under review. A notable drop in 2009 was followed by recovery over the next five year
1002
Germany dominates in the global trade of amino-resins, phenolic resins and polyurethanes. In 2014, Germany exported X million tons of amino-resins, phenolic resins and polyurethanes totaling X billion USD, X% over the previous year. Its primar
