China - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpansible Polystyrene Price in China - 2023
Contents:
- Expansible Polystyrene Price in China (FOB) - 2023
- Expansible Polystyrene Price in China (CIF) - 2023
- Expansible Polystyrene Exports in China
- Expansible Polystyrene Imports in China
Expansible Polystyrene Price in China (FOB) - 2023
The average expansible polystyrene export price stood at $1,259 per ton in June 2023, shrinking by -4.7% against the previous month. In general, the export price showed a pronounced shrinkage. The growth pace was the most rapid in February 2023 when the average export price increased by 3.9% month-to-month. The export price peaked at $1,755 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In June 2023, the countries with the highest prices were the United Arab Emirates ($1,403 per ton) and Poland ($1,278 per ton), while the average price for exports to Egypt ($1,140 per ton) and Malaysia ($1,152 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-1.5%), while the prices for the other major destinations experienced a decline.
Expansible Polystyrene Price in China (CIF) - 2023
In June 2023, the average expansible polystyrene import price amounted to $1,588 per ton, with an increase of 9.8% against the previous month. Over the period under review, the import price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in January 2023 when the average import price increased by 15% month-to-month. Over the period under review, average import prices hit record highs at $3,320 per ton in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($4,356 per ton), while the price for Germany ($655 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 Austria (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Expansible Polystyrene Exports in China
In 2022, shipments abroad of expansible polystyrene in primary forms was finally on the rise to reach 275K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, expansible polystyrene exports soared to $432M in 2022. Over the period under review, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Expansible Polystyrene in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 29.5 | 19.0 | 34.4 | 36.7 | 7.6% |
| Saudi Arabia | 8.9 | 7.6 | 10.0 | 31.9 | 53.0% |
| South Korea | 35.9 | 26.1 | 21.5 | 29.2 | -6.7% |
| Thailand | 11.9 | 4.3 | 8.4 | 28.9 | 34.4% |
| Italy | N/A | N/A | 1.7 | 24.6 | 1347.1% |
| Chile | 16.2 | 12.0 | 19.0 | 22.7 | 11.9% |
| Poland | 1.4 | N/A | 0.4 | 18.5 | 136.4% |
| Albania | 7.1 | 2.2 | 5.0 | 14.5 | 26.9% |
| Brazil | 24.0 | 13.2 | 7.7 | 14.1 | -16.2% |
| Algeria | 7.3 | 5.6 | 6.2 | 13.2 | 21.8% |
| Egypt | 5.2 | 1.6 | 4.9 | 12.9 | 35.4% |
| Canada | 1.6 | 0.3 | 1.4 | 12.5 | 98.4% |
| South Africa | 5.3 | 1.7 | 5.7 | 12.2 | 32.0% |
| Others | 153 | 67.3 | 95.0 | 160 | 1.5% |
| Total | 307 | 161 | 221 | 432 | 12.1% |
Top Export Markets for Expansible Polystyrene from China in 2022:
- Vietnam (25.2K tons)
- Saudi Arabia (21.2K tons)
- South Korea (20.3K tons)
- Thailand (19.8K tons)
- Chile (14.4K tons)
- Italy (12.8K tons)
- Poland (10.2K tons)
- Brazil (9.3K tons)
- Albania (8.8K tons)
- Algeria (8.8K tons)
- Egypt (8.4K tons)
- South Africa (7.9K tons)
- Canada (7.4K tons)
Expansible Polystyrene Imports in China
For the third year in a row, China recorded decline in supplies from abroad of expansible polystyrene in primary forms, which decreased by -46.4% to 16K tons in 2022. Overall, imports saw a precipitous slump. The smallest decline of -20.5% was in 2021.
In value terms, expansible polystyrene imports declined dramatically to $40M in 2022. In general, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
| Import of Expansible Polystyrene in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 29.5 | 22.5 | 32.8 | 18.4 | -14.6% |
| South Korea | 9.6 | 4.8 | 8.8 | 6.1 | -14.0% |
| Austria | 3.4 | 3.0 | 4.7 | 5.6 | 18.1% |
| Japan | 9.7 | 5.8 | 5.1 | 3.2 | -30.9% |
| Mexico | 1.9 | 0.9 | 1.4 | 0.7 | -28.3% |
| Canada | 1.3 | 0.4 | 0.6 | 0.6 | -22.7% |
| Germany | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
| Philippines | 2.2 | 0.1 | 0.1 | 0.2 | -55.0% |
| Malaysia | 6.5 | N/A | 0.2 | 0.1 | -75.1% |
| Thailand | 2.3 | 0.8 | 0.2 | N/A | -70.5% |
| Taiwan (Chinese) | 16.9 | N/A | N/A | N/A | 0% |
| Iran | 3.5 | 0.3 | 0.1 | N/A | -83.1% |
| Others | 1.8 | 17.6 | 9.5 | 4.9 | 39.6% |
| Total | 88.5 | 56.5 | 64.1 | 40.2 | -23.1% |
Top Suppliers of Expansible Polystyrene to China in 2022:
- Thailand (undefinedK tons)
- United States (4.5K tons)
- South Korea (3.5K tons)
- Austria (1.9K tons)
- Japan (1.3K tons)
- Mexico (0.8K tons)
- Canada (0.7K tons)
- Germany (0.5K tons)
- Philippines (0.2K tons)
- Malaysia (0.1K tons)
This report provides an in-depth analysis of the expansible polystyrene 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 20162035 - Expansible polystyrene, in primary forms
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
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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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