China - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOdoriferous Substance Mixture Price in China - 2023
Contents:
- Odoriferous Substance Mixture Price in China (CIF) - 2023
- Odoriferous Substance Mixture Price in China (FOB) - 2023
- Odoriferous Substance Mixture Imports in China
- Odoriferous Substance Mixture Exports in China
Odoriferous Substance Mixture Price in China (CIF) - 2023
In September 2023, the average odoriferous substance mixture import price amounted to $20,732 per ton, with a decrease of -9.4% against the previous month. In general, the import price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 16% against the previous month. Over the period under review, average import prices hit record highs at $25,609 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($65,195 per ton), while the price for South Korea ($11,915 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Odoriferous Substance Mixture Price in China (FOB) - 2023
The average odoriferous substance mixture export price stood at $10,788 per ton in September 2023, declining by -8.3% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average export price increased by 17% month-to-month. As a result, the export price attained the peak level of $11,760 per ton, and then shrank in the following month.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was South Korea ($23,011 per ton), while the average price for exports to India ($5,129 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Odoriferous Substance Mixture Imports in China
In 2022, after three years of growth, there was decline in supplies from abroad of mixtures of odoriferous substances and their preparations, when their volume decreased by -3.9% to 24K tons. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of 25K tons, and then declined slightly in the following year.
In value terms, odoriferous substance mixture imports contracted slightly to $551M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. As a result, imports reached the peak of $573M, and then reduced modestly in the following year.
| Import of Odoriferous Substance Mixture in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 82.2 | 75.3 | 106 | 94.5 | 4.8% |
| Singapore | 70.4 | 79.4 | 82.6 | 72.1 | 0.8% |
| Ireland | 36.4 | 44.1 | 49.5 | 62.6 | 19.8% |
| Thailand | 0.9 | 13.2 | 27.8 | 52.4 | 287.6% |
| Japan | 40.4 | 35.4 | 43.4 | 36.0 | -3.8% |
| India | 19.1 | 21.5 | 18.5 | 18.5 | -1.1% |
| Germany | 15.9 | 18.5 | 18.1 | 17.5 | 3.2% |
| France | 18.8 | 21.7 | 22.3 | 17.4 | -2.5% |
| United Kingdom | 18.6 | 19.2 | 15.8 | 15.7 | -5.5% |
| Brazil | 4.2 | 4.7 | 6.2 | 8.7 | 27.5% |
| South Korea | 8.5 | 7.9 | 9.9 | 8.7 | 0.8% |
| Hong Kong SAR | 73.1 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 38.6 | N/A | N/A | N/A | 0% |
| Others | 46.0 | 148 | 173 | 147 | 47.3% |
| Total | 473 | 489 | 573 | 551 | 5.2% |
Top Suppliers of Odoriferous Substance Mixture to China in 2022:
- United States (4.3K tons)
- Singapore (4.1K tons)
- Thailand (2.3K tons)
- India (1.3K tons)
- United Kingdom (1.3K tons)
- Ireland (1.0K tons)
- Japan (0.9K tons)
- Germany (0.9K tons)
- South Korea (0.8K tons)
- Brazil (0.5K tons)
- France (0.4K tons)
Odoriferous Substance Mixture Exports in China
After three years of growth, overseas shipments of mixtures of odoriferous substances and their preparations decreased by -7.2% to 42K tons in 2022. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 9%.
In value terms, odoriferous substance mixture exports shrank to $429M in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 19%. As a result, the exports reached the peak of $456M, and then dropped in the following year.
| Export of Odoriferous Substance Mixture in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 38.6 | 35.8 | 50.1 | 65.6 | 19.3% |
| Vietnam | 28.8 | 35.5 | 42.8 | 35.6 | 7.3% |
| Japan | 65.1 | 49.6 | 50.0 | 31.9 | -21.2% |
| India | 29.6 | 22.7 | 30.0 | 30.9 | 1.4% |
| South Korea | 23.0 | 23.7 | 24.3 | 23.6 | 0.9% |
| United States | 21.5 | 21.5 | 35.4 | 20.8 | -1.1% |
| Nigeria | 7.1 | 7.7 | 17.1 | 20.0 | 41.2% |
| Singapore | 20.1 | 19.8 | 20.2 | 17.3 | -4.9% |
| Thailand | 11.8 | 16.2 | 20.7 | 17.3 | 13.6% |
| Philippines | 9.4 | 10.2 | 11.4 | 13.3 | 12.3% |
| Switzerland | 8.6 | 8.8 | 11.6 | 12.3 | 12.7% |
| Brazil | 7.6 | 8.2 | 5.8 | 6.5 | -5.1% |
| Russia | 0.5 | 0.8 | 0.8 | 5.1 | 116.9% |
| Others | 131 | 122 | 136 | 129 | -0.5% |
| Total | 403 | 382 | 456 | 429 | 2.1% |
Top Export Markets for Odoriferous Substance Mixture from China in 2022:
- Indonesia (4.9K tons)
- India (4.9K tons)
- United States (4.3K tons)
- Vietnam (2.3K tons)
- Japan (2.1K tons)
- Singapore (2.0K tons)
- Philippines (1.5K tons)
- Switzerland (1.4K tons)
- Thailand (1.2K tons)
- Nigeria (1.2K tons)
- South Korea (1.0K tons)
- Brazil (0.9K tons)
- Russia (0.9K tons)
This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
- Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)
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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This report provides an in-depth analysis of the odoriferous substance mixture market in China.
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This report provides an in-depth analysis of the global odoriferous substance mixture market.
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This report provides an in-depth analysis of the odoriferous substance mixture market in China.
1952
This report provides an in-depth analysis of the global odoriferous substance mixture market.
119
Discover the top 10 countries leading in the import of odoriferous substance mixtures, including the United States, France, and Mexico.
1862
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
1156
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
2037
Ireland continued its dominance in the global mixture of odoriferous substance trade. In 2014, Ireland exported X thousand tons of mixtures of odoriferous substances totaling X million USD, X% over the previous year. Its primary trading partne
119
Discover the top 10 countries leading in the import of odoriferous substance mixtures, including the United States, France, and Mexico.
1862
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
1156
In 2016, the amount of odoriferous substance mixture imported worldwide amounted to X tons, ascending by X% against the previous year figure. Overall, it indicated a prominent increase from 2007...
2037
Ireland continued its dominance in the global mixture of odoriferous substance trade. In 2014, Ireland exported X thousand tons of mixtures of odoriferous substances totaling X million USD, X% over the previous year. Its primary trading partne
