China - Derivatives of Hydrocarbons other than Containing Only Sulpho-, Nitro-, or Nitroso Groups - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Derivatives of Hydrocarbons other than Containing Only Sulpho-, Nitro-, or Nitroso Groups - Market Analysis, Forecast, Size, Trends And Insights

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Derivatives of Hydrocarbons Price in China - 2023

Contents:

  1. Derivatives of Hydrocarbons Price in China (FOB) - 2022
  2. Derivatives of Hydrocarbons Price in China (CIF) - 2022
  3. Derivatives of Hydrocarbons Exports in China
  4. Derivatives of Hydrocarbons Imports in China

Derivatives of Hydrocarbons Price in China (FOB) - 2022

In 2022, the average derivatives of hydrocarbons export price amounted to $3,358 per ton, with an increase of 2.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 17%. The export price peaked at $3,601 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($12,164 per ton), while the average price for exports to Thailand ($1,695 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Derivatives of Hydrocarbons Price in China (CIF) - 2022

In 2022, the average derivatives of hydrocarbons import price amounted to $2,744 per ton, jumping by 16% against the previous year. Overall, the import price, however, showed a pronounced setback. The pace of growth was the most pronounced in 2018 an increase of 65% against the previous year. As a result, import price attained the peak level of $5,431 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,537 per ton), while the price for Saudi Arabia ($1,524 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Derivatives of Hydrocarbons Exports in China

In 2022, the amount of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups exported from China rose remarkably to 71K tons, with an increase of 11% on the previous year's figure. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.5% 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 +46.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, derivatives of hydrocarbons exports expanded sharply to $240M in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Derivatives of Hydrocarbons in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India44.652.670.393.728.1%
Japan31.228.342.737.66.4%
South Korea9.514.216.722.332.9%
Thailand0.63.718.420.6225.0%
Brazil2.59.610.110.963.4%
Australia4.21.911.310.736.6%
United States3.43.95.65.114.5%
Others22.331.735.038.820.3%
Total11814621024026.7%

Top Export Markets for Derivatives of Hydrocarbons from China in 2022:

  1. India (35.0K tons)
  2. Thailand (12.1K tons)
  3. Japan (11.8K tons)
  4. Australia (2.4K tons)
  5. Brazil (2.1K tons)
  6. South Korea (1.8K tons)
  7. United States (1.6K tons)

Derivatives of Hydrocarbons Imports in China

In 2022, approx. 6.9K tons of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups were imported into China; remaining constant against the previous year. Overall, imports, however, recorded a mild decrease. The pace of growth was the most pronounced in 2021 with an increase of 6.1% against the previous year.

In value terms, derivatives of hydrocarbons imports skyrocketed to $19M in 2022. In general, imports, however, faced a abrupt descent.

Import of Derivatives of Hydrocarbons in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.56.16.57.410.4%
Germany5.44.74.94.5-5.9%
Japan1.72.12.42.412.2%
Saudi ArabiaN/AN/A0.81.6100.0%
Others16.14.81.73.0-42.9%
Total28.717.616.218.9-13.0%

Top Suppliers of Derivatives of Hydrocarbons to China in 2022:

  1. India (3.8K tons)
  2. Saudi Arabia (1.0K tons)
  3. Germany (1.0K tons)
  4. Japan (0.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the derivatives of 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 20141490 - Derivatives of hydrocarbons (excluding those containing only sulpho groups, their salts and ethyl esters, those containing only nitro or only nitroso groups)

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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