China - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarboxylic Acid Price in China - 2023
Contents:
- Carboxylic Acid Price in China (FOB) - 2023
- Carboxylic Acid Price in China (CIF) - 2022
- Carboxylic Acid Exports in China
- Carboxylic Acid Imports in China
Carboxylic Acid Price in China (FOB) - 2023
In June 2023, the average carboxylic acid export price amounted to $2,903 per ton, which is down by -6.3% against the previous month. Overall, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 9.2% against the previous month. The export price peaked at $4,120 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the United States ($6,664 per ton), while the average price for exports to Vietnam ($1,260 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 Vietnam (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Carboxylic Acid Price in China (CIF) - 2022
The average carboxylic acid import price stood at $4,134 per ton in 2022, growing by 2.9% against the previous year. Over the period under review, the import price, however, saw a mild decrease. The most prominent rate of growth was recorded in 2014 an increase of 23%. As a result, import price reached the peak level of $5,894 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,305 per ton), while the price for Thailand ($1,208 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 (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Carboxylic Acid Exports in China
After three years of growth, overseas shipments of carboxylic acid with alcohol, phenol, aldehyde or ketone functions decreased by -11% to 548K tons in 2022. The total export volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. As a result, the exports reached the peak of 616K tons, and then dropped in the following year.
In value terms, carboxylic acid exports declined to $1.8B in 2022. The total export value increased at an average annual rate of +7.4% 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 when exports increased by 32% against the previous year. As a result, the exports attained the peak of $2.1B, and then declined in the following year.
| Export of Carboxylic Acid in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 58.3 | 69.9 | 85.9 | 1,101 | 166.3% |
| Switzerland | 40.6 | 39.3 | 48.7 | 318 | 98.6% |
| Turkey | 23.2 | 27.3 | 30.1 | 300 | 134.7% |
| South Africa | 8.3 | 9.8 | 7.9 | 73.4 | 106.8% |
| Paraguay | 2.8 | 1.9 | 3.9 | 35.6 | 133.4% |
| Spain | 45.9 | 56.3 | 54.1 | N/A | 8.6% |
| Russia | 83.1 | 67.7 | 65.8 | N/A | -11.0% |
| South Korea | 81.1 | 91.2 | 87.7 | N/A | 4.0% |
| Japan | 129 | 133 | 143 | N/A | 5.3% |
| United States | 195 | 201 | 259 | N/A | 15.2% |
| India | 176 | 219 | 199 | N/A | 6.3% |
| Taiwan (Chinese) | 23.4 | 25.9 | 27.0 | N/A | 7.4% |
| Australia | 28.4 | 40.2 | 37.2 | N/A | 14.4% |
| Others | 585 | 599 | 1,031 | 2.8 | -83.1% |
| Total | 1,480 | 1,581 | 2,081 | 1,831 | 7.4% |
Top Export Markets for Carboxylic Acid from China in 2022:
- Brazil (352.1K tons)
- Turkey (116.4K tons)
- Switzerland (36.1K tons)
- South Africa (32.8K tons)
- Paraguay (10.3K tons)
Carboxylic Acid Imports in China
In 2022, approx. 62K tons of carboxylic acid with alcohol, phenol, aldehyde or ketone functions were imported into China; which is down by -9.2% compared with 2021 figures. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 22%. As a result, imports reached the peak of 69K tons, and then dropped in the following year.
In value terms, carboxylic acid imports fell to $258M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $277M, and then shrank in the following year.
| Import of Carboxylic Acid in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 10.8 | 22.9 | 32.2 | 44.3 | 60.1% |
| Japan | 35.6 | 31.4 | 40.7 | 28.0 | -7.7% |
| Taiwan (Chinese) | 34.0 | 27.9 | 38.6 | 27.7 | -6.6% |
| South Korea | 16.7 | 20.6 | 28.8 | 27.3 | 17.8% |
| India | 43.2 | 31.0 | 19.9 | 25.9 | -15.7% |
| Switzerland | 14.2 | 15.2 | 13.5 | 21.2 | 14.3% |
| United States | 20.8 | 15.8 | 17.9 | 16.3 | -7.8% |
| Thailand | 15.2 | 15.4 | 13.0 | 12.6 | -6.1% |
| Netherlands | 7.7 | 9.1 | 11.0 | 11.0 | 12.6% |
| Others | 56.7 | 50.0 | 60.8 | 44.1 | -8.0% |
| Total | 255 | 239 | 277 | 258 | 0.4% |
Top Suppliers of Carboxylic Acid to China in 2022:
- Singapore (13.8K tons)
- Thailand (10.4K tons)
- South Korea (8.0K tons)
- Taiwan (Chinese) (6.9K tons)
- Japan (5.4K tons)
- Switzerland (4.2K tons)
- Netherlands (4.1K tons)
- United States (2.6K tons)
- India (1.7K tons)
This report provides an in-depth analysis of the carboxylic acid 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions
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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In value terms, carboxylic acid exports totaled $168M in March 2023.
1236
In value terms, carboxylic acids with additional oxygen function imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
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In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
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In value terms, carboxyimide-function compounds imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern ind...
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In value terms, carboxylic acids with additional oxygen function exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; ...
752
In value terms, carboxyamide-function compounds and amide-function compounds exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; t...
890
In value terms, carboxyimide-function compounds exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
236
In value terms, carboxylic acid exports totaled $168M in March 2023.
1236
In value terms, carboxylic acids with additional oxygen function imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
970
In value terms, carboxyamide-function compounds and amide-function compounds imports totaled $X in 2016. In general, carboxyamide-function compounds and amide-function compounds imports continue to...
