China - Compound Plasticisers For Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 10, 2024

China - Compound Plasticisers For Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights

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Compound Plasticisers Price in China - 2023

Contents:

  1. Compound Plasticisers Price in China (CIF) - 2023
  2. Compound Plasticisers Price in China (FOB) - 2023
  3. Compound Plasticisers Imports in China
  4. Compound Plasticisers Exports in China

Compound Plasticisers Price in China (CIF) - 2023

The average compound plasticisers import price stood at $2,976 per ton in June 2023, approximately equating the previous month. In general, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in September 2022 when the average import price increased by 18% against the previous month. Over the period under review, average import prices reached the peak figure at $3,838 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($5,819 per ton), while the price for Indonesia ($890 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Compound Plasticisers Price in China (FOB) - 2023

The average compound plasticisers export price stood at $1,707 per ton in June 2023, growing by 2.3% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 15% month-to-month. As a result, the export price reached the peak level of $2,018 per ton. From December 2022 to June 2023, the the average export prices remained at a 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 South Korea ($2,429 per ton), while the average price for exports to Bangladesh ($875 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 India (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Compound Plasticisers Imports in China

In 2022, approx. 32K tons of compound plasticisers for rubber or plastics were imported into China; falling by -28.7% against the previous year. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. As a result, imports reached the peak of 46K tons, and then shrank rapidly in the following year.

In value terms, compound plasticisers imports dropped to $98M in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $115M, and then contracted in the following year.

Import of Compound Plasticisers in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia12.614.017.523.022.2%
Germany22.018.622.921.3-1.1%
Taiwan (Chinese)18.815.719.716.3-4.6%
Japan18.219.721.811.2-14.9%
United States11.310.914.110.6-2.1%
South Korea4.94.86.95.32.7%
Singapore1.92.24.22.915.1%
India0.80.90.90.7-4.4%
Others7.96.06.96.6-5.8%
Total98.392.711598.0-0.1%

Top Suppliers of Compound Plasticisers to China in 2022:

  1. Malaysia (7.9K tons)
  2. Germany (7.0K tons)
  3. Taiwan (Chinese) (6.6K tons)
  4. Japan (3.2K tons)
  5. United States (2.6K tons)
  6. South Korea (2.3K tons)
  7. India (0.5K tons)
  8. Singapore (0.4K tons)

Compound Plasticisers Exports in China

For the fourth year in a row, China recorded growth in overseas shipments of compound plasticisers for rubber or plastics, which increased by 6.2% to 49K tons in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 78%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, compound plasticisers exports expanded significantly to $96M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 90%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Compound Plasticisers in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam11.611.221.818.617.0%
Thailand6.56.18.510.316.6%
Indonesia4.23.27.09.330.3%
Philippines0.60.97.97.5132.1%
South Korea1.92.43.67.457.3%
Taiwan (Chinese)2.72.87.36.433.3%
Japan3.02.84.76.328.1%
India1.62.63.05.147.2%
Malaysia2.52.53.94.622.5%
United States0.80.81.22.240.1%
Bangladesh0.40.62.32.173.8%
Others5.88.112.716.240.8%
Total41.644.083.895.932.1%

Top Export Markets for Compound Plasticisers from China in 2022:

  1. Vietnam (9.0K tons)
  2. Philippines (5.5K tons)
  3. Indonesia (5.0K tons)
  4. Thailand (4.6K tons)
  5. South Korea (4.1K tons)
  6. India (3.5K tons)
  7. Japan (2.8K tons)
  8. Taiwan (Chinese) (2.7K tons)
  9. Malaysia (2.1K tons)
  10. Bangladesh (1.4K tons)
  11. United States (0.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the compound plasticisers 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 20595640 - Compound plasticisers for rubber or plastics

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:

  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
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    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

    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. 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. 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

    This Chapter is Available Only for the Professional Edition PRO
  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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