Report Update: Apr 1, 2024

China - Naphthalene And Other Aromatic Hydrocarbon Mixtures - Market Analysis, Forecast, Size, Trends And Insights

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Aromatic Hydrocarbon Mixtures Price in China - 2023

Aromatic Hydrocarbon Mixtures Price in China (CIF) - 2023

In September 2023, the average aromatic hydrocarbon mixtures import price amounted to $918 per ton, falling by -7.4% against the previous month. Overall, import price indicated a slight increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, aromatic hydrocarbon mixtures import price decreased by -3.3% against May 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 62% month-to-month. As a result, import price reached the peak level of $1,289 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($1,709 per ton), while the price for Japan ($757 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 (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Aromatic Hydrocarbon Mixtures Price in China (FOB) - 2023

The average aromatic hydrocarbon mixtures export price stood at $1,415 per ton in September 2023, surging by 11% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 29% m-o-m. As a result, the export price reached the peak level of $1,840 per ton. From July 2023 to September 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In September 2023, the highest price was recorded for prices to Kazakhstan ($1,630 per ton) and Vietnam ($1,560 per ton), while the average price for exports to the Netherlands ($1,123 per ton) and Russia ($1,188 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (0.0%), while the prices for the other major destinations experienced mixed trend patterns.

Aromatic Hydrocarbon Mixtures Imports in China

In 2022, aromatic hydrocarbon mixtures imports into China surged to 4.9M tons, growing by 17% on the year before. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 103%. As a result, imports attained the peak of 5.8M tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aromatic hydrocarbon mixtures imports surged to $3.2B in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.3% 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 +78.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Aromatic Hydrocarbon Mixtures in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	161	112	165	1,391	105.2%
Oman	N/A	65.7	34.1	646	213.6%
Singapore	344	917	1,453	572	18.5%
Japan	132	73.8	83.0	290	30.0%
Thailand	167	143	114	26.3	-46.0%
United Arab Emirates	N/A	110	49.2	17.2	-60.5%
Malaysia	483	611	433	8.0	-74.5%
Netherlands	311	236	N/A	N/A	-24.1%
Others	192	287	431	249	9.1%
Total	1,790	2,557	2,762	3,199	21.4%

Top Suppliers of Aromatic Hydrocarbon Mixtures to China in 2022:

South Korea (1835.6K tons)
Oman (1194.8K tons)
Singapore (936.3K tons)
Japan (488.5K tons)
Thailand (44.4K tons)
United Arab Emirates (43.3K tons)
Malaysia (9.2K tons)

Aromatic Hydrocarbon Mixtures Exports in China

Aromatic hydrocarbon mixtures exports from China surged to 71K tons in 2022, increasing by 55% compared with 2021. Overall, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 621%.

In value terms, aromatic hydrocarbon mixtures exports soared to $66M in 2022. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 628%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Aromatic Hydrocarbon Mixtures in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	19.5	N/A	N/A	20.2	1.2%
Singapore	N/A	N/A	28.0	17.1	-38.9%
Egypt	N/A	N/A	5.7	10.4	82.5%
Indonesia	1.1	0.4	0.7	6.1	77.0%
Russia	N/A	N/A	N/A	4.7	0%
Saudi Arabia	N/A	N/A	N/A	2.2	0%
Australia	25.7	1.0	0.8	1.8	-58.8%
South Korea	5.2	0.3	N/A	1.0	-42.3%
Others	3.7	3.6	3.2	2.8	-8.9%
Total	55.1	5.3	38.4	66.3	6.4%

Top Export Markets for Aromatic Hydrocarbon Mixtures from China in 2022:

Malaysia (26.2K tons)
Singapore (17.8K tons)
Egypt (10.3K tons)
Indonesia (7.4K tons)
Russia (2.4K tons)
Saudi Arabia (2.2K tons)
Australia (1.3K tons)
South Korea (1.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aromatic hydrocarbon mixtures 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 20147340 - Naphthalene and other aromatic hydrocarbon mixtures (excluding benzole, toluole, xylole)

Country coverage:

China

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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