China - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCyclic Hydrocarbons Price in China - 2023
Contents:
- Cyclic Hydrocarbons Price in China (CIF) - 2023
- Cyclic Hydrocarbons Price in China (FOB) - 2023
- Cyclic Hydrocarbons Imports in China
- Cyclic Hydrocarbons Exports in China
Cyclic Hydrocarbons Price in China (CIF) - 2023
The average cyclic hydrocarbons import price stood at $1,020 per ton in September 2023, growing by 2.5% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 6.3% month-to-month. The import price peaked at $1,081 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the countries with the highest prices were Japan ($1,049 per ton) and Saudi Arabia ($1,014 per ton), while the price for Thailand ($949 per ton) and Brunei Darussalam ($989 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Oman (+1.0%), while the prices for the other major suppliers experienced a decline.
Cyclic Hydrocarbons Price in China (FOB) - 2023
The average cyclic hydrocarbons export price stood at $1,079 per ton in August 2023, picking up by 3.2% against the previous month. Overall, the export price, however, saw a pronounced descent. The most prominent rate of growth was recorded in March 2023 an increase of 20% against the previous month. The export price peaked at $1,443 per ton in October 2022; however, from November 2022 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was India ($1,558 per ton), while the average price for exports to Turkey ($820 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-0.5%), while the prices for the other major destinations experienced a decline.
Cyclic Hydrocarbons Imports in China
For the third year in a row, China recorded decline in overseas purchases of cyclic hydrocarbons, which decreased by -18.4% to 16M tons in 2022. Over the period under review, imports showed a deep contraction. The smallest decline of -1.7% was in 2021.
In value terms, cyclic hydrocarbons imports fell to $17.4B in 2022. Overall, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year.
| Import of Cyclic Hydrocarbons in China (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 6.7 | 3.8 | 6.0 | 6.5 | -1.0% |
| Japan | 2.8 | 1.5 | 1.9 | 2.4 | -5.0% |
| Brunei Darussalam | N/A | 0.8 | 1.7 | 1.9 | 54.1% |
| Singapore | 1.4 | 0.7 | 1.1 | 1.3 | -2.4% |
| Saudi Arabia | 2.0 | 1.0 | 1.2 | 1.0 | -20.6% |
| Malaysia | 0.5 | 0.3 | 0.4 | 0.5 | 0.0% |
| Thailand | 0.7 | 0.5 | 0.7 | 0.5 | -10.6% |
| Kuwait | 0.8 | 0.5 | 0.6 | 0.4 | -20.6% |
| India | 1.4 | 0.9 | 0.8 | 0.3 | -40.2% |
| Oman | 0.3 | 0.4 | 0.5 | 0.2 | -12.6% |
| Taiwan (Chinese) | 1.4 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 1.8 | 2.5 | 2.6 | 20.1% |
| Total | 19.5 | 12.1 | 17.4 | 17.4 | -3.7% |
Top Suppliers of Cyclic Hydrocarbons to China in 2022:
- South Korea (6.1M tons)
- Japan (2.2M tons)
- Brunei Darussalam (1.7M tons)
- Singapore (1.1M tons)
- Saudi Arabia (0.9M tons)
- Thailand (0.5M tons)
- Malaysia (0.4M tons)
- Kuwait (0.3M tons)
- Oman (0.2M tons)
- India (0.2M tons)
Cyclic Hydrocarbons Exports in China
In 2022, approx. 1.5M tons of cyclic hydrocarbons were exported from China; with an increase of 179% compared with the year before. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 212% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, cyclic hydrocarbons exports surged to $2.1B in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 158%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Cyclic Hydrocarbons in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 56.3 | 48.4 | 149 | 580 | 117.6% |
| India | 87.1 | 52.3 | 152 | 314 | 53.3% |
| Singapore | 0.7 | 15.8 | 1.3 | 213 | 572.6% |
| Netherlands | 16.4 | 7.1 | 16.3 | 131 | 99.9% |
| Turkey | 2.0 | 1.4 | 77.8 | 112 | 282.6% |
| Vietnam | 15.7 | 23.1 | 56.1 | 91.3 | 79.8% |
| Malaysia | 12.6 | 0.9 | 2.8 | 73.0 | 79.6% |
| Taiwan (Chinese) | 31.8 | N/A | N/A | N/A | 0% |
| Others | 250 | 171 | 371 | 550 | 30.1% |
| Total | 473 | 320 | 826 | 2,064 | 63.4% |
Top Export Markets for Cyclic Hydrocarbons from China in 2022:
- South Korea (464.3K tons)
- India (235.8K tons)
- Singapore (176.2K tons)
- Vietnam (84.3K tons)
- Turkey (81.9K tons)
- Malaysia (64.3K tons)
- Netherlands (45.5K tons)
This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141213 - Cyclohexane
- Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
- Prodcom 20141223 - Benzene
- Prodcom 20141225 - Toluene
- Prodcom 20141243 - o-Xylene
- Prodcom 20141245 - p-Xylene
- Prodcom 20141247 - m-Xylene and mixed xylene isomers
- Prodcom 20141250 - Styrene
- Prodcom 20141260 - Ethylbenzene
- Prodcom 20141270 - Cumene
- Prodcom 20141290 - Other cyclic hydrocarbons
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
621
This report provides an in-depth analysis of the cyclic hydrocarbons market in China.
661
This report provides an in-depth analysis of the benzene market in China.
425
This report provides an in-depth analysis of the cumene market in China.
312
This report provides an in-depth analysis of the market for cyclanes, cyclenes and cycloterpenes in China.
496
This report provides an in-depth analysis of the cyclohexane market in China.
495
This report provides an in-depth analysis of the ethylbenzene market in China.
370
This report provides an in-depth analysis of the m-xylene and xylenes market in China.
384
This report provides an in-depth analysis of the o-xylene market in China.
85
This report provides an in-depth analysis of the cyclic hydrocarbons market in China.
532
This report provides an in-depth analysis of the p-xylene market in China.
312
In March 2023, the cyclic hydrocarbons price stood at $1,033 per ton (CIF, China), increasing by 2.4% against the previous month.
400
In June 2023, the Benzene price was $882 per ton (CIF, China), decreasing by 7.3% compared to the previous month.
340
Cumene imports rose to $78M in June 2023.
338
In June 2023, Cyclohexane price in China increased by 14% to $1,105 per ton (FOB) compared to the previous month.
270
In value terms, styrene imports shrank notably to $63M in April 2023.
208
Explore the top countries leading in the import of cyclic hydrocarbons, their import values, and key statistics in 2022.
691
From 2010 to 2020, the average export price for cyclic hydrocarbons dropped nearly twofold, from $1,119 per ton to $615 per ton. That was the lowest level over the past decade.
2838
In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
1907
In 2016, the amount of cyclic hydrocarbon imported worldwide totaled X tons, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% ov...
2132
The global trade in cyclic hydrocarbons fluctuated strongly over the period under review. A significant drop in 2009 was followed by a robust recovery over the next four years, until exports decreased again. Exports ended on a decline in 2015, amountin
