China - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPolyurethanes Price in China - 2023
Contents:
- Polyurethanes Price in China (CIF) - 2023
- Polyurethanes Price in China (FOB) - 2023
- Polyurethanes Imports in China
- Polyurethanes Exports in China
Polyurethanes Price in China (CIF) - 2023
In June 2023, the average polyurethanes import price amounted to $5,181 per ton, rising by 4% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 9.2% against the previous month. Over the period under review, average import prices attained the peak figure at $5,727 per ton in September 2022; however, from October 2022 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($8,763 per ton), while the price for Malaysia ($1,045 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 France (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Join Us at HANNOVER MESSE 2024
Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany
Polyurethanes Price in China (FOB) - 2023
In June 2023, the average polyurethanes export price amounted to $2,490 per ton, waning by -1.6% against the previous month. In general, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 3.7% month-to-month. As a result, the export price attained the peak level of $3,143 per ton. From September 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Vietnam ($3,027 per ton), while the average price for exports to Bangladesh ($1,951 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.6%), while the prices for the other major destinations experienced a decline.
Polyurethanes Imports in China
In 2022, the amount of polyurethanes in primary forms imported into China shrank to 164K tons, reducing by -5.4% against 2021 figures. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 14%. As a result, imports reached the peak of 173K tons, and then fell in the following year.
In value terms, polyurethanes imports reached $893M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Polyurethanes in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 161 | 172 | 223 | 215 | 10.1% |
| South Korea | 109 | 85.3 | 102 | 108 | -0.3% |
| Japan | 74.7 | 80.3 | 98.5 | 97.6 | 9.3% |
| United States | 70.7 | 65.6 | 73.2 | 75.1 | 2.0% |
| Italy | 33.8 | 25.9 | 34.8 | 33.9 | 0.1% |
| Spain | 11.3 | 11.6 | 25.8 | 30.4 | 39.1% |
| Vietnam | 12.7 | 9.4 | 12.8 | 16.7 | 9.6% |
| Netherlands | 9.6 | 12.3 | 17.4 | 16.5 | 19.8% |
| Belgium | 12.8 | 11.3 | 13.7 | 15.4 | 6.4% |
| Singapore | 8.2 | 7.5 | 10.8 | 13.1 | 16.9% |
| Thailand | 3.5 | 3.8 | 6.2 | 9.9 | 41.4% |
| France | 8.0 | 5.6 | 13.9 | 9.8 | 7.0% |
| Malaysia | 5.7 | 3.8 | 4.8 | 5.6 | -0.6% |
| Others | 199 | 190 | 250 | 246 | 7.3% |
| Total | 720 | 684 | 887 | 893 | 7.4% |
Top Suppliers of Polyurethanes to China in 2022:
- Germany (29.2K tons)
- South Korea (20.0K tons)
- Vietnam (12.7K tons)
- Japan (11.8K tons)
- United States (11.2K tons)
- Italy (6.2K tons)
- Malaysia (4.8K tons)
- Spain (4.5K tons)
- Netherlands (3.7K tons)
- Thailand (3.6K tons)
- Singapore (2.6K tons)
- Belgium (2.3K tons)
- France (2.0K tons)
Polyurethanes Exports in China
Polyurethanes exports from China skyrocketed to 345K tons in 2022, picking up by 22% against 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, polyurethanes exports skyrocketed to $1B in 2022. Overall, exports saw strong growth. The growth pace was the most rapid in 2021 when exports increased by 59%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Polyurethanes in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 111 | 87.7 | 129 | 192 | 20.0% |
| India | 74.2 | 80.1 | 122 | 168 | 31.3% |
| Indonesia | 30.6 | 22.8 | 42.6 | 62.4 | 26.8% |
| South Korea | 41.1 | 34.7 | 59.1 | 60.5 | 13.8% |
| Brazil | 15.8 | 16.2 | 21.1 | 43.3 | 39.9% |
| Pakistan | 38.9 | 28.2 | 38.4 | 39.0 | 0.1% |
| Russia | 9.1 | 10.1 | 22.1 | 37.3 | 60.0% |
| Bangladesh | 13.9 | 13.1 | 31.1 | 36.5 | 38.0% |
| Mexico | 16.8 | 14.0 | 25.3 | 31.5 | 23.3% |
| United Arab Emirates | 6.3 | 6.7 | 33.3 | 29.0 | 66.3% |
| Thailand | 19.1 | 14.8 | 20.3 | 27.9 | 13.5% |
| Turkey | 7.6 | 9.6 | 18.5 | 23.4 | 45.5% |
| Malaysia | 7.2 | 12.1 | 15.8 | 22.1 | 45.3% |
| Others | 215 | 177 | 262 | 273 | 8.3% |
| Total | 607 | 527 | 840 | 1,046 | 19.9% |
Top Export Markets for Polyurethanes from China in 2022:
- India (64.7K tons)
- Vietnam (54.5K tons)
- Indonesia (19.4K tons)
- South Korea (18.3K tons)
- Pakistan (16.3K tons)
- Bangladesh (15.8K tons)
- Brazil (15.5K tons)
- Russia (13.2K tons)
- United Arab Emirates (12.7K tons)
- Mexico (10.7K tons)
- Thailand (9.2K tons)
- Turkey (9.0K tons)
- Malaysia (7.9K tons)
This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, in primary forms
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
-
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
-
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
-
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
-
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
-
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
-
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
401
This report provides an in-depth analysis of the polyurethanes market in China.
422
This report provides an in-depth analysis of the amino-resin market in China.
590
This report provides an in-depth analysis of the phenolic resins market in China.
314
This report provides an in-depth analysis of the melamine resins market in China.
311
This report provides an in-depth analysis of the market for urea and thiourea resins in China.
281
This report provides an in-depth analysis of the amino resin market in China.
1148
This report provides an in-depth analysis of the global polyurethanes market.
1765
This report provides an in-depth analysis of the global amino-resin market.
733
This report provides an in-depth analysis of the global phenolic resins market.
610
This report provides an in-depth analysis of the global melamine resins market.
281
In value terms, polyurethanes imports reduced to $59M in April 2023.
277
Imports of Phenolic Resins surged to $26M in June 2023 in terms of value.
117
The most notable growth rate was observed in January 2023 with a 73% increase compared to the previous month. In terms of value, Amino Resin exports decreased to $85M in December 2023.
355
In February 2023, the amino resin price amounted to $1,660 per ton (FOB, China), dropping by -5.8% against the previous month.
259
In September 2022, the amino resin price amounted to $2,108 per ton (FOB, China), dropping by -7.2% against the previous month.
792
Global polyurethane trade reached $7.8B in 2021, returning to the pre-pandemic level. China, Germany and Vietnam comprise 22% of total purchases. The average polyurethane import price soared 9.2% to $3,864 per ton in 2021.
610
Global exports of polyurethanes in primary forms dropped from $7B in 2019 to $6.3B in 2020. Germany, China, Italy and the U.S. constitute the largest polyurethane exporters worldwide, providing more than half of the total shipments. In 2020, all the key supplying countries experienced a reduction in polyurethane exports. The average polyurethane export price fell by -2.3% against the previous year. China, Vietnam and Germany remain the leading importers of polyurethane in primary forms.
492
The global amino resin market revenue amounted to $68.1B in 2018, rising by 6.6% against the previous year. This...
942
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
1072
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
