China - Maleic Anhydride - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaleic Anhydride Price in China - 2023
Contents:
- Maleic Anhydride Price in China (FOB) - 2023
- Maleic Anhydride Price in China (CIF) - 2022
- Maleic Anhydride Exports in China
- Maleic Anhydride Imports in China
Maleic Anhydride Price in China (FOB) - 2023
In June 2023, the average maleic anhydride export price amounted to $855 per ton, declining by -6.6% against the previous month. In general, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 6.9% m-o-m. The export price peaked at $1,475 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In June 2023, the highest price was recorded for prices to Qatar ($1,000 per ton) and South Korea ($915 per ton), while the average price for exports to India ($812 per ton) and Singapore ($827 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 Qatar (-2.2%), while the prices for the other major destinations experienced a decline.
Maleic Anhydride Price in China (CIF) - 2022
In 2022, the average maleic anhydride import price amounted to $2,484 per ton, surging by 41% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maleic anhydride import price increased by +70.7% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 64% against the previous year. The import price peaked at $2,891 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2,552 per ton), while the price for Italy amounted to $1,681 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.5%), while the prices for the other major suppliers experienced a decline.
Maleic Anhydride Exports in China
In 2022, approx. 169K tons of maleic anhydride were exported from China; increasing by 19% against the year before. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 125% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, maleic anhydride exports skyrocketed to $257M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 292% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Maleic Anhydride in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 21.9 | 12.7 | 58.8 | 70.0 | 47.3% |
| Turkey | 14.1 | 9.1 | 51.0 | 51.0 | 53.5% |
| United Arab Emirates | 2.3 | 3.2 | 11.2 | 14.8 | 86.0% |
| Egypt | 3.5 | 1.5 | 6.6 | 11.9 | 50.4% |
| Italy | 2.4 | 0.3 | 5.2 | 9.9 | 60.4% |
| Germany | N/A | 0.4 | 6.1 | 9.6 | 389.9% |
| Brazil | 4.8 | 5.3 | 8.0 | 9.1 | 23.8% |
| Saudi Arabia | 0.6 | 0.5 | 4.6 | 7.9 | 136.1% |
| Russia | 4.3 | 4.6 | 10.0 | 7.2 | 18.7% |
| Netherlands | N/A | N/A | 4.6 | 6.0 | 30.4% |
| Mexico | 1.6 | 1.4 | 4.6 | 6.0 | 55.4% |
| Indonesia | 2.2 | 2.4 | 1.9 | 5.0 | 31.5% |
| South Korea | 0.8 | 0.8 | 2.0 | 4.9 | 83.0% |
| Others | 14.6 | 11.1 | 33.9 | 43.4 | 43.8% |
| Total | 73.2 | 53.2 | 209 | 257 | 52.0% |
Top Export Markets for Maleic Anhydride from China in 2022:
- India (44.9K tons)
- Turkey (34.0K tons)
- United Arab Emirates (10.0K tons)
- Egypt (8.4K tons)
- Brazil (7.2K tons)
- Italy (6.5K tons)
- Germany (5.6K tons)
- Saudi Arabia (4.7K tons)
- Russia (4.6K tons)
- Mexico (4.1K tons)
- Netherlands (3.7K tons)
- Indonesia (3.4K tons)
- South Korea (3.4K tons)
Maleic Anhydride Imports in China
Maleic anhydride imports into China rose significantly to 757 tons in 2022, increasing by 12% compared with 2021 figures. In general, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 216% against the previous year. As a result, imports attained the peak of 970 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, maleic anhydride imports surged to $1.9M in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 76% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Maleic Anhydride in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 566 | 671 | 1,148 | 1,732 | 45.2% |
| Italy | N/A | N/A | N/A | 44.2 | 0% |
| Indonesia | N/A | 76.3 | N/A | N/A | 0% |
| Others | 238 | 665 | 43.1 | 105 | -23.9% |
| Total | 804 | 1,411 | 1,191 | 1,881 | 32.8% |
Top Suppliers of Maleic Anhydride to China in 2022:
- Japan (678.5 tons)
- Italy (26.3 tons)
This report provides an in-depth analysis of the maleic anhydride 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 20143387 - Maleic anhydride
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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