China - Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Price in China - 2023
Contents:
- Ethylene Price in China (CIF) - 2022
- Ethylene Price in China (FOB) - 2022
- Ethylene Imports in China
- Ethylene Exports in China
Ethylene Price in China (CIF) - 2022
In 2022, the average ethylene import price amounted to $1,047 per ton, falling by -1.5% against the previous year. In general, the import price recorded a mild shrinkage. The growth pace was the most rapid in 2021 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs at $1,467 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($1,106 per ton) and South Korea ($1,042 per ton), while the price for the United States ($947 per ton) and Japan ($1,003 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-1.9%), while the prices for the other major suppliers experienced a decline.
Ethylene Price in China (FOB) - 2022
The average ethylene export price stood at $1,053 per ton in 2022, with an increase of 7.1% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2021 when the average export price increased by 44%. The export price peaked at $2,687 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($1,139 per ton) and Indonesia ($1,076 per ton), while the average price for exports to Taiwan (Chinese) ($1,020 per ton) and Japan ($1,034 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Imports in China
In 2022, ethylene imports into China declined modestly to 2.1M tons, flattening at 2021. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 4.5%.
In value terms, ethylene imports reduced slightly to $2.2B in 2022. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year.
| Import of Ethylene in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 869 | 573 | 1,030 | 1,451 | 18.6% |
| Japan | 598 | 406 | 562 | 300 | -20.5% |
| United States | 13.9 | 161 | 280 | 282 | 172.7% |
| Taiwan (Chinese) | 84.5 | 75.3 | 107 | 90.6 | 2.4% |
| Brazil | 79.1 | 9.4 | 60.9 | 11.2 | -47.9% |
| Singapore | 202 | 21.1 | 18.9 | 5.5 | -69.9% |
| Thailand | 90.0 | 9.2 | 29.4 | N/A | -42.8% |
| Malaysia | 100 | 23.2 | 3.6 | N/A | -81.0% |
| Saudi Arabia | 53.5 | 48.8 | 38.7 | N/A | -14.9% |
| Others | 284 | 131 | 68.6 | 25.2 | -55.4% |
| Total | 2,374 | 1,458 | 2,199 | 2,166 | -3.0% |
Top Suppliers of Ethylene to China in 2022:
- South Korea (1391.7K tons)
- Japan (299.6K tons)
- United States (297.9K tons)
- Taiwan (Chinese) (81.9K tons)
- Brazil (10.1K tons)
- Singapore (5.7K tons)
Ethylene Exports in China
After three years of growth, shipments abroad of ethylene decreased by -19.4% to 154K tons in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 671%.
In value terms, ethylene exports fell to $162M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 535%.
| Export of Ethylene in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 9.4 | 21.7 | 52.8 | 102 | 121.4% |
| South Korea | N/A | 42.2 | 108 | 32.8 | -11.8% |
| Indonesia | N/A | N/A | 11.9 | 21.5 | 80.7% |
| Japan | N/A | N/A | 15.1 | 5.4 | -64.2% |
| Others | 0.7 | 0.2 | 0.4 | 0.6 | -5.0% |
| Total | 10.1 | 64.1 | 188 | 162 | 152.2% |
Top Export Markets for Ethylene from China in 2022:
- Taiwan (Chinese) (100.0K tons)
- South Korea (28.8K tons)
- Indonesia (19.9K tons)
- Japan (5.2K tons)
This report provides an in-depth analysis of the ethylene 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 20141130 - Ethylene
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
-
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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