Price for Lustres; Liquid Lustres and Similar Preparations in China - 2023

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in China (CIF) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in China (FOB) - 2022
  3. Imports of Lustres; Liquid Lustres and Similar Preparations in China
  4. Exports of Lustres; Liquid Lustres and Similar Preparations in China

Price for Lustres; Liquid Lustres and Similar Preparations in China (CIF) - 2022

In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $58,570 per ton, picking up by 9.5% against the previous year. Overall, the import price saw a remarkable increase. The growth pace was the most rapid in 2015 when the average import price increased by 117%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($177,196 per ton), while the price for Italy ($14,288 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lustres; Liquid Lustres and Similar Preparations in China (FOB) - 2022

In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $461 per ton, reducing by -38.2% against the previous year. Over the period under review, the export price faced a abrupt decline. The pace of growth appeared the most rapid in 2014 an increase of 37% against the previous year. As a result, the export price reached the peak level of $2,724 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 Taiwan (Chinese) ($1,123 per ton), while the average price for exports to Saudi Arabia ($142 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 Saudi Arabia (+25.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Lustres; Liquid Lustres and Similar Preparations in China

For the third year in a row, China recorded decline in supplies from abroad of lustres; liquid lustres and similar preparationses, which decreased by -10% to 83 tons in 2022. In general, imports showed a sharp slump.

In value terms, imports of lustres; liquid lustres and similar preparationses reduced slightly to $4.9M in 2022. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 18%.

Import of Lustres; Liquid Lustres and Similar Preparations in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,8448231,2491,475-7.2%
Turkey39.8105582645153.1%
Italy1,7821,217754485-35.2%
Spain39669.0N/AN/A-82.6%
Others2,8421,9552,3522,261-7.3%
Total6,9044,1704,9364,865-11.0%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to China in 2022:

  1. Japan (42.3 tons)
  2. Italy (33.9 tons)
  3. Turkey (3.6 tons)

Exports of Lustres; Liquid Lustres and Similar Preparations in China

Exports of lustres; liquid lustres and similar preparationses from China soared to 934 tons in 2022, growing by 32% compared with the year before. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of lustres; liquid lustres and similar preparationses contracted remarkably to $430K in 2022. In general, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, the exports reached the peak of $619K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Lustres; Liquid Lustres and Similar Preparations in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa270290415171-14.1%
BangladeshN/AN/AN/A89.50%
Saudi ArabiaN/AN/A6.858.6761.8%
Taiwan (Chinese)0.1N/A51.648.4685.1%
India2.419.824.033.0139.6%
Myanmar133101N/AN/A-24.1%
IranN/A103N/AN/A0%
Others12010630.030.0-37.0%
Total526619528430-6.5%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from China in 2022:

  1. Saudi Arabia (414.2 tons)
  2. South Africa (214.7 tons)
  3. Bangladesh (161.8 tons)
  4. India (80.9 tons)
  5. Taiwan (Chinese) (43.1 tons)

Source: IndexBox Market Intelligence Platform

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