China - Paraformaldehyde - Market Analysis, Forecast, Size, Trends And Insights
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View PricingParaformaldehyde Price in China - 2023
Contents:
- Paraformaldehyde Price in China (FOB) - 2023
- Paraformaldehyde Price in China (CIF) - 2022
- Paraformaldehyde Exports in China
- Paraformaldehyde Imports in China
Paraformaldehyde Price in China (FOB) - 2023
In June 2023, the average paraformaldehyde export price amounted to $712 per ton, dropping by -2.1% against the previous month. Over the period under review, the export price showed a mild descent. The pace of growth was the most pronounced in January 2023 when the average export price increased by 1.2% m-o-m. Over the period under review, the average export prices attained the maximum at $884 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In June 2023, the countries with the highest prices were South Korea ($828 per ton) and South Africa ($759 per ton), while the average price for exports to Nigeria ($655 per ton) and Myanmar ($663 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 South Africa (+0.9%), while the prices for the other major destinations experienced a decline.
Paraformaldehyde Price in China (CIF) - 2022
In 2022, the average paraformaldehyde import price amounted to $1,094 per ton, increasing by 32% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paraformaldehyde import price increased by +74.3% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 33%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($1,248 per ton) and Spain ($1,148 per ton), while the price for Taiwan (Chinese) ($989 per ton) and Indonesia ($1,097 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Paraformaldehyde Exports in China
Paraformaldehyde exports from China expanded markedly to 44K tons in 2022, growing by 5.1% against the year before. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, paraformaldehyde exports rose sharply to $40M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 118%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Paraformaldehyde in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.3 | 3.9 | 6.7 | 10.5 | 25.6% |
| Djibouti | 1.2 | 2.0 | 6.7 | 8.2 | 89.8% |
| Nigeria | 0.6 | 1.9 | 6.9 | 5.9 | 114.2% |
| Kenya | 1.4 | 1.4 | 3.7 | 5.1 | 53.9% |
| Bangladesh | 0.5 | 0.7 | 2.0 | 2.4 | 68.7% |
| Tanzania | 1.0 | 1.0 | 1.8 | 1.8 | 21.6% |
| Cameroon | 0.4 | 0.3 | 0.7 | 1.3 | 48.1% |
| Angola | 1.0 | 0.3 | 1.2 | 1.2 | 6.3% |
| Thailand | 0.7 | 0.3 | 1.1 | 0.9 | 8.7% |
| Taiwan (Chinese) | 0.7 | 0.9 | 1.0 | 0.8 | 4.6% |
| Ethiopia | 1.5 | 2.2 | 0.7 | N/A | -31.7% |
| Myanmar | 0.5 | 0.2 | 1.8 | N/A | 89.7% |
| Others | 1.4 | 1.1 | 1.3 | 2.2 | 16.3% |
| Total | 16.1 | 16.3 | 35.5 | 40.3 | 35.8% |
Top Export Markets for Paraformaldehyde from China in 2022:
- South Korea (10.8K tons)
- Djibouti (9.6K tons)
- Nigeria (6.2K tons)
- Kenya (5.8K tons)
- Bangladesh (3.0K tons)
- Tanzania (2.0K tons)
- Cameroon (1.6K tons)
- Angola (1.4K tons)
- Taiwan (Chinese) (0.8K tons)
- Thailand (0.8K tons)
Paraformaldehyde Imports in China
In 2022, the amount of paraformaldehyde imported into China fell dramatically to 17K tons, which is down by -29.8% against 2021 figures. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, paraformaldehyde imports dropped to $19M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, imports attained the peak of $20M, and then reduced in the following year.
| Import of Paraformaldehyde in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.8 | 6.3 | 9.3 | 9.8 | 3.7% |
| Taiwan (Chinese) | 6.0 | 4.6 | 8.5 | 6.9 | 4.8% |
| United States | 1.7 | 2.0 | 2.0 | 1.8 | 1.9% |
| Indonesia | 2.2 | 0.9 | 0.5 | 0.2 | -55.0% |
| Others | 0.4 | 0.1 | N/A | 0.1 | -37.0% |
| Total | 19.1 | 13.8 | 20.3 | 18.7 | -0.7% |
Top Suppliers of Paraformaldehyde to China in 2022:
- Spain (8.5K tons)
- Taiwan (Chinese) (6.9K tons)
- United States (1.4K tons)
- Indonesia (0.2K tons)
This report provides an in-depth analysis of the paraformaldehyde 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 20146160 - Paraformaldehyde
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.
-
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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The price of Paraformaldehyde in June 2023 was $712 per ton (FOB, China), showing a decrease of 2.1% compared to the previous month.
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In value terms, halogenated, sulphonated, nitrated aldehydes exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
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The price of Paraformaldehyde in June 2023 was $712 per ton (FOB, China), showing a decrease of 2.1% compared to the previous month.
975
In value terms, aldehydes imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuatio...
1005
In value terms, halogenated, sulphonated, nitrated aldehydes imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ...
947
In value terms, aldehydes exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indicated...
626
In value terms, halogenated, sulphonated, nitrated aldehydes exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...
