China - Artificial And Prepared Waxes Of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyethylene Glycol Wax Price in China - 2023
Contents:
- Polyethylene Glycol Wax Price in China (CIF) - 2023
- Polyethylene Glycol Wax Price in China (FOB) - 2022
- Polyethylene Glycol Wax Imports in China
- Polyethylene Glycol Wax Exports in China
Polyethylene Glycol Wax Price in China (CIF) - 2023
In June 2023, the average polyethylene glycol wax import price amounted to $3,443 per ton, jumping by 25% against the previous month. Over the period under review, the import price, however, saw a mild downturn. The pace of growth was the most pronounced in February 2023 an increase of 51% against the previous month. As a result, import price reached the peak level of $5,356 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($7,220 per ton), while the price for Malaysia ($1,110 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 the United States (+4.0%), while the prices for the other major suppliers experienced a decline.
Polyethylene Glycol Wax Price in China (FOB) - 2022
The average polyethylene glycol wax export price stood at $3,023 per ton in 2022, falling by -12% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 48%. As a result, the export price attained the peak level of $3,435 per ton, and then fell in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,026 per ton), while the average price for exports to Spain ($1,416 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Polyethylene Glycol Wax Imports in China
Polyethylene glycol wax imports into China reduced markedly to 17K tons in 2022, waning by -31.5% on 2021 figures. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 2.1% against the previous year. As a result, imports attained the peak of 25K tons, and then fell significantly in the following year.
In value terms, polyethylene glycol wax imports stood at $74M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 17%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
Import of Polyethylene Glycol Wax in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 29.0 | 27.0 | 34.5 | 45.7 | 16.4% |
Japan | 12.5 | 10.3 | 14.2 | 11.7 | -2.2% |
South Korea | 15.3 | 12.1 | 14.3 | 9.7 | -14.1% |
Germany | 3.4 | 8.1 | 5.0 | 3.7 | 2.9% |
Malaysia | 1.5 | 0.7 | 1.8 | 1.5 | 0.0% |
Others | 2.9 | 4.6 | 4.0 | 1.9 | -13.1% |
Total | 64.6 | 62.7 | 73.7 | 74.2 | 4.7% |
Top Suppliers of Polyethylene Glycol Wax to China in 2022:
- South Korea (7.2K tons)
- United States (6.2K tons)
- Japan (1.2K tons)
- Malaysia (1.1K tons)
- Germany (0.6K tons)
Polyethylene Glycol Wax Exports in China
Polyethylene glycol wax exports from China skyrocketed to 19K tons in 2022, picking up by 64% on the year before. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, polyethylene glycol wax exports skyrocketed to $57M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 119%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Polyethylene Glycol Wax in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.7 | 4.1 | 4.9 | 10.5 | 146.6% |
United Kingdom | N/A | 0.1 | 3.1 | 9.9 | 895.0% |
Germany | 5.1 | 3.0 | 14.3 | 8.4 | 18.1% |
Vietnam | 0.3 | 0.8 | 1.1 | 5.9 | 169.9% |
Ireland | N/A | 2.5 | 6.4 | 5.4 | 47.0% |
Spain | 0.2 | N/A | N/A | 2.6 | 135.1% |
Japan | 1.3 | 1.4 | 2.2 | 2.4 | 22.7% |
India | 0.3 | 0.5 | 0.9 | 1.6 | 74.7% |
Indonesia | 0.2 | 0.6 | 0.9 | 1.1 | 76.5% |
Brazil | 0.2 | 0.2 | 0.3 | 1.0 | 71.0% |
Turkey | N/A | 1.2 | 0.1 | 0.7 | -23.6% |
Italy | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
Saudi Arabia | N/A | N/A | N/A | 0.5 | 0% |
Others | 2.7 | 3.4 | 5.2 | 6.5 | 34.0% |
Total | 11.1 | 18.0 | 39.5 | 57.0 | 72.5% |
Top Export Markets for Polyethylene Glycol Wax from China in 2022:
- Vietnam (3.5K tons)
- United Kingdom (2.8K tons)
- United States (2.2K tons)
- Spain (1.8K tons)
- Germany (1.7K tons)
- Ireland (1.5K tons)
- Japan (0.9K tons)
- India (0.6K tons)
- Turkey (0.5K tons)
- Indonesia (0.4K tons)
- Brazil (0.3K tons)
- Saudi Arabia (0.3K tons)
- Italy (0.3K tons)
This report provides an in-depth analysis of the polyethylene glycol wax 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 20414270 - Artificial and prepared waxes of polyethylene glycol
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
This report provides an in-depth analysis of the polyethylene glycol wax market in China.
This report provides an in-depth analysis of the global polyethylene glycol wax market.
This report provides an in-depth analysis of the polyethylene glycol wax market in China.
This report provides an in-depth analysis of the global polyethylene glycol wax market.
Polyethylene Glycol (PEG) wax prices experienced an increase of 51% in China during February 2023, reaching $5,356 per ton (CIF).
In value terms, artificial, prepared waxes imports totaled $X in 2016. Overall, it indicated a significant increase from 2007 to 2016: the total imports value increased at an average annual rate of...
In value terms, artificial, prepared waxes exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicate...
Polyethylene Glycol (PEG) wax prices experienced an increase of 51% in China during February 2023, reaching $5,356 per ton (CIF).
In value terms, artificial, prepared waxes imports totaled $X in 2016. Overall, it indicated a significant increase from 2007 to 2016: the total imports value increased at an average annual rate of...
In value terms, artificial, prepared waxes exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicate...