Imides And Their Derivatives, And Salts Thereof Prices in China

China Imides And Their Derivatives, And Salts Thereof Export Price in September 2022

In September 2022, the imides and their derivatives, and salts thereof price stood at $13.9 per kg (FOB, China), picking up by 32% against the previous month. Over the period under review, the export price, however, saw a mild curtailment. The growth pace was the most rapid in March 2022 an increase of 39% month-to-month. Over the period under review, the average export prices hit record highs at $17.0 per kg in April 2022; however, from May 2022 to September 2022, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($32.4 per kg), while the average price for exports to the United Arab Emirates ($2,009 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

China Imides And Their Derivatives, And Salts Thereof Exports

In September 2022, shipments abroad of imides and their derivatives, and salts thereof (excluding saccharin and its salts) decreased by -55.7% to 230 tons, falling for the third month in a row after two months of growth. Over the period under review, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in May 2022 when exports increased by 166% m-o-m. Over the period under review, the exports of hit record highs at 745 tons in March 2022; however, from April 2022 to September 2022, the exports stood at a somewhat lower figure.

In value terms, exports of imides and their derivatives, and salts thereof (excluding saccharin and its salts) declined sharply to $3.2M (IndexBox estimates) in September 2022. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in March 2022 when exports increased by 101% m-o-m. As a result, the exports attained the peak of $9.9M. From April 2022 to September 2022, the growth of the exports of remained at a somewhat lower figure.

China Imides And Their Derivatives, And Salts Thereof Exports by Country

The United States (37 tons), Brazil (35 tons) and Thailand (20 tons) were the main destinations of exports of imides and their derivatives, and salts thereof (excluding saccharin and its salts) from China, with a combined 40% share of total exports. Niger, South Korea, the Netherlands, the United Arab Emirates, Turkey, Vietnam, Egypt, Russia, France and Chile lagged somewhat behind, together accounting for a further 48%.

From January 2022 to September 2022, the biggest increases were in Egypt (with a CAGR of +32.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for imides and their derivatives, and salts thereof exported from China were Brazil ($492K), the United States ($449K) and the Netherlands ($252K), together accounting for 37% of total exports. Egypt, South Korea, Vietnam, Thailand, Niger, Turkey, Chile, France, the United Arab Emirates and Russia lagged somewhat behind, together comprising a further 35%.

Among the main countries of destination, Egypt, with a CAGR of +43.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.