China - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingEthylene Glycol Price in China - 2023
Contents:
- Ethylene Glycol Price in China (CIF) - 2022
- Ethylene Glycol Price in China (FOB) - 2022
- Ethylene Glycol Imports in China
- Ethylene Glycol Exports in China
Ethylene Glycol Price in China (CIF) - 2022
The average ethylene glycol import price stood at $599 per ton in 2022, with a decrease of -10.4% against the previous year. In general, the import price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of 44% against the previous year. The import price peaked at $1,054 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Singapore ($665 per ton) and South Korea ($625 per ton), while the price for Canada ($583 per ton) and the United States ($592 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-4.2%), while the prices for the other major suppliers experienced a decline.
Ethylene Glycol Price in China (FOB) - 2022
The average ethylene glycol export price stood at $946 per ton in 2022, surging by 36% against the previous year. Over the period under review, the export price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2018 an increase of 54% against the previous year. The export price peaked at $1,978 per ton in 2014; however, from 2015 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 Bangladesh ($1,767 per ton), while the average price for exports to South Korea ($552 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 United Arab Emirates (-3.5%), while the prices for the other major destinations experienced a decline.
Ethylene Glycol Imports in China
In 2022, supplies from abroad of ethylene glycol (ethanediol) decreased by -10.8% to 7.5M tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 6%. As a result, imports attained the peak of 11M tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, ethylene glycol imports plummeted to $4.5B in 2022. Over the period under review, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 15%.
| Import of Ethylene Glycol in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2,799 | 1,904 | 2,457 | 2,505 | -3.6% |
| Canada | 588 | 523 | 595 | 609 | 1.2% |
| United States | 53.2 | 324 | 348 | 444 | 102.8% |
| Iran | 209 | 383 | 400 | 214 | 0.8% |
| Kuwait | 319 | 275 | 247 | 145 | -23.1% |
| South Korea | 333 | 166 | 129 | 89.9 | -35.4% |
| Singapore | 364 | 369 | 460 | 65.7 | -43.5% |
| Japan | 192 | 118 | 119 | 30.4 | -45.9% |
| Taiwan (Chinese) | 823 | N/A | N/A | N/A | 0% |
| Others | 132 | 830 | 879 | 399 | 44.6% |
| Total | 5,814 | 4,891 | 5,634 | 4,502 | -8.2% |
Top Suppliers of Ethylene Glycol to China in 2022:
- Saudi Arabia (4218.9K tons)
- Canada (1044.5K tons)
- United States (750.0K tons)
- Iran (355.5K tons)
- Kuwait (235.7K tons)
- South Korea (143.9K tons)
- Singapore (98.8K tons)
- Japan (45.5K tons)
Ethylene Glycol Exports in China
In 2022, overseas shipments of ethylene glycol (ethanediol) decreased by -73.4% to 31K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 333% against the previous year.
In value terms, ethylene glycol exports dropped notably to $29M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 149% against the previous year. As a result, the exports attained the peak of $80M, and then declined dramatically in the following year.
| Export of Ethylene Glycol in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | N/A | N/A | 10.4 | 0% |
| Netherlands | N/A | N/A | 8.9 | 3.1 | -65.2% |
| Belgium | N/A | 13.8 | 24.6 | 2.8 | -55.0% |
| Russia | 0.7 | 2.0 | 4.6 | 2.5 | 52.9% |
| Australia | 0.2 | 0.1 | 2.1 | 1.8 | 108.0% |
| New Zealand | N/A | 0.1 | 1.5 | 1.8 | 324.3% |
| South Korea | 3.2 | 0.2 | N/A | 1.5 | -22.3% |
| India | 2.2 | 1.0 | 4.5 | N/A | 43.0% |
| Turkey | 0.3 | 2.6 | 24.5 | N/A | 803.7% |
| Others | 7.6 | 12.5 | 9.6 | 5.1 | -12.5% |
| Total | 14.3 | 32.3 | 80.4 | 29.1 | 26.7% |
Top Export Markets for Ethylene Glycol from China in 2022:
- Turkey (undefinedK tons)
- India (undefinedK tons)
- Bangladesh (5.9K tons)
- Netherlands (4.8K tons)
- Belgium (3.9K tons)
- Russia (3.3K tons)
- South Korea (2.7K tons)
- Australia (2.5K tons)
- New Zealand (2.4K tons)
This report provides an in-depth analysis of the ethylene glycol 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 20142310 - Ethylene glycol (ethanediol)
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
480
This report provides an in-depth analysis of the ethylene glycol market in China.
51
This report provides an in-depth analysis of the market for halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols in China.
60
This report provides an in-depth analysis of the market for diols and polyhydric alcohols in China.
63
This report provides an in-depth analysis of the market for lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols in China.
395
This report provides an in-depth analysis of the butanol market in China.
1166
This report provides an in-depth analysis of the methanol market in China.
332
This report provides an in-depth analysis of the unsaturated monohydric alcohols market in China.
435
This report provides an in-depth analysis of the propylene glycol market in China.
419
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol in China.
404
This report provides an in-depth analysis of the octyl alcohol market in China.
68
Methanol imports reached a peak in 2023 and are expected to keep growing in the near future. The total value of methanol imports in 2023 was $4.2B.
568
In September 2022, the methanol price amounted to $303 per ton (CIF, China), almost unchanged from the previous month.
513
In February 2023, the price of propylene glycol held relatively steady at $1,165 per ton, on an FOB basis in China, unchanged from the previous month.
278
In September 2022, the propylene glycol price amounted to $1,416 per ton (FOB, China), with a decrease of -4.9% against the previous month.
161
In January 2023, there was a significant growth spurt with imports of Octyl Alcohol rising by 183% month-on-month. By June 2023, the value of Octyl Alcohol imports reached $32M.
79
Sorbitol exports reached their peak in 2023 and are projected to continue growing in the coming years. The value of sorbitol exports surged to $162M in 2023.
293
Exports of Sorbitol decreased slightly to $15M in June 2023.
199
Explore the top import markets for ethylene glycol based on the latest data from IndexBox. Discover key statistics and insights for countries like China, India, Turkey, and more.
1552
Increasing demand for PET packaging and urgent need for eco-friendly refrigerants to become the main drivers of the ethylene glycol market growth.
255
Explore the world's best import markets for butanol, including China, Belgium, Germany, and more. Gain insights into key statistics and market trends. Read now on IndexBox.
