China - Polyesters in Primary Forms (excluding Polyacetals, Polyethers, Epoxide Resins, Polycarbonates, Alkyd Resins, Polyethylene Terephthalate, other Unsaturated Polyesters) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Polyesters in Primary Forms in China - 2023
Contents:
- Price for Polyesters in Primary Forms in China (CIF) - 2023
- Price for Polyesters in Primary Forms in China (FOB) - 2023
- Imports of Polyesters in Primary Forms in China
- Exports of Polyesters in Primary Forms in China
Price for Polyesters in Primary Forms in China (CIF) - 2023
In June 2023, the average polyesters in primary forms import price amounted to $3,489 per ton, therefore, remained relatively stable against the previous month. Overall, the import price, however, saw a slight slump. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 4.1% month-to-month. Over the period under review, average import prices attained the maximum at $4,373 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($6,178 per ton), while the price for Vietnam ($1,152 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 Germany (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polyesters in Primary Forms in China (FOB) - 2023
In June 2023, the average polyesters in primary forms export price amounted to $1,923 per ton, shrinking by -1.7% against the previous month. Over the period under review, the export price continues to indicate a noticeable slump. The pace of growth was the most pronounced in February 2023 when the average export price increased by 6.4% against the previous month. The export price peaked at $2,880 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Japan ($2,753 per ton), while the average price for exports to Saudi Arabia ($1,473 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 Japan (-1.6%), while the prices for the other major destinations experienced a decline.
Imports of Polyesters in Primary Forms in China
After three years of growth, supplies from abroad of polyesters in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate, other unsaturated polyesters) decreased by -10.9% to 420K tons in 2022. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of 471K tons, and then shrank in the following year.
In value terms, polyesters in primary forms imports totaled $1.7B in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value 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, imports increased by +42.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Polyesters in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 326 | 344 | 442 | 519 | 16.8% |
| Japan | 251 | 240 | 306 | 309 | 7.2% |
| South Korea | 93.1 | 96.7 | 136 | 161 | 20.0% |
| Malaysia | 83.5 | 60.6 | 78.8 | 82.5 | -0.4% |
| Thailand | 40.2 | 65.1 | 109 | 69.7 | 20.1% |
| Germany | 49.2 | 44.4 | 59.2 | 60.6 | 7.2% |
| Netherlands | 26.2 | 28.6 | 34.9 | 39.6 | 14.8% |
| Singapore | 23.8 | 21.2 | 26.4 | 35.9 | 14.7% |
| Vietnam | 5.3 | 4.4 | 7.7 | 11.0 | 27.6% |
| Taiwan (Chinese) | 211 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 15.9 | 4.9 | 0.3 | N/A | -86.3% |
| Others | 92.5 | 358 | 493 | 443 | 68.6% |
| Total | 1,218 | 1,268 | 1,693 | 1,730 | 12.4% |
Top Suppliers of Polyesters in Primary Forms to China in 2022:
- Saudi Arabia (undefinedK tons)
- United States (107.2K tons)
- Japan (49.9K tons)
- South Korea (49.4K tons)
- Malaysia (39.8K tons)
- Thailand (29.5K tons)
- Singapore (13.2K tons)
- Germany (10.7K tons)
- Vietnam (8.3K tons)
- Netherlands (6.0K tons)
Exports of Polyesters in Primary Forms in China
For the fourth year in a row, China recorded growth in shipments abroad of polyesters in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate, other unsaturated polyesters), which increased by 1.6% to 553K tons in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.3% 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 +41.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 39%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, polyesters in primary forms exports reduced slightly to $1.4B in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 102% against the previous year. As a result, the exports reached the peak of $1.4B, leveling off in the following year.
| Export of Polyesters in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 90.9 | 71.7 | 200 | 198 | 29.6% |
| Japan | 98.5 | 68.0 | 188 | 143 | 13.2% |
| Vietnam | 58.1 | 62.1 | 120 | 125 | 29.1% |
| India | 59.2 | 41.2 | 95.1 | 123 | 27.6% |
| Netherlands | 38.0 | 47.0 | 55.8 | 86.0 | 31.3% |
| Italy | 32.8 | 43.8 | 74.0 | 80.8 | 35.1% |
| Thailand | 43.8 | 40.3 | 87.1 | 79.8 | 22.1% |
| Mexico | 26.7 | 22.8 | 41.2 | 48.7 | 22.2% |
| Spain | 16.5 | 24.9 | 42.7 | 45.0 | 39.7% |
| Russia | 15.1 | 17.4 | 37.3 | 43.3 | 42.1% |
| Malaysia | 21.5 | 22.7 | 43.1 | 36.7 | 19.5% |
| Indonesia | 16.2 | 13.0 | 29.5 | 36.5 | 31.1% |
| Turkey | 15.0 | 12.3 | 44.9 | 33.8 | 31.1% |
| Others | 234 | 227 | 385 | 363 | 15.8% |
| Total | 766 | 715 | 1,444 | 1,442 | 23.5% |
Top Export Markets for Polyesters in Primary Forms from China in 2022:
- South Korea (81.0K tons)
- India (51.6K tons)
- Vietnam (47.1K tons)
- Japan (45.2K tons)
- Netherlands (31.9K tons)
- Thailand (27.9K tons)
- Italy (27.8K tons)
- Russia (21.0K tons)
- Mexico (19.8K tons)
- Turkey (16.3K tons)
- Spain (16.0K tons)
- Indonesia (13.7K tons)
- Malaysia (12.1K tons)
This report provides an in-depth analysis of the market for polyesters in primary forms 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 20164090 - Polyesters, in primary forms (excluding polyacetals, p olyethers, epoxide resins, polycarbonates, alkyd resins, p olyethylene terephthalate, other unsaturated polyesters)
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
45
This report provides an in-depth analysis of the market for polyesters in primary forms in China.
667
This report provides an in-depth analysis of the polycarbonate market in China.
481
This report provides an in-depth analysis of the market for polyethylene terephthalate and other polyethylene terephthalate in primary forms in China.
370
This report provides an in-depth analysis of the alkyd resins market in China.
597
This report provides an in-depth analysis of the epoxide resin market in China.
305
This report provides an in-depth analysis of the polyacetals market in China.
420
This report provides an in-depth analysis of the market for polyethylene glycol and polyether in China.
175
This report provides an in-depth analysis of the market for unsaturated polyesters in primary forms in China.
70
This report provides an in-depth analysis of the global market for polyesters in primary forms.
2550
This report provides an in-depth analysis of the global polycarbonate market.
15
Alkyd Resins imports peaked at 13K tons in 2013, but declined to a lower figure from 2014 to 2023. In terms of value, imports sharply contracted to $13M in 2023.
242
In terms of value, imports of Alkyd Resins surged to $1.1M in June 2023.
222
This article provides a detailed analysis of China's imports of epoxide resins in primary forms. The article covers the volume and value of imports for 2022, along with growth rates and trends. It also looks at the main countries supplying epoxide resins to China and their import prices. The data is presented in easy-to-read charts and graphs, making it a valuable resource for anyone interested in the Chinese epoxide resin market.
1078
In 2020, imports of epoxide resins in primary forms into China jumped by +40% y-o-y to 405K tons, reaching $1.3B in value terms. Taiwan, South Korea and the U.S. remain the key epoxy resin suppliers to China, with a combined 76%-share of the total imports. Thailand, the Netherlands, South Korea, the U.S.,Taiwan and Germany saw the highest spikes in exports to China. The average epoxy resin import price in China dropped by -10% y-o-y last year.
130
The growth rate for Polyacetals in September 2023 was the fastest it has been, with a 34% increase compared to the previous month. In terms of value, Polyacetals imports declined significantly to $64M in December 2023.
277
Imports of Polyacetals decreased to $50M in June 2023.
132
Explore the top import markets for polyesters in primary forms and their key statistics. Find out which countries lead the global import market for polyesters and understand the factors driving their demand.
352
Discover the top import markets for polycarbonate, including China, Mexico, Germany, India, and Hong Kong SAR. Explore their import values and understand the dynamics of the global polycarbonate market.
875
In 2016, the amount of polycarbonate imported worldwide stood at X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over ...
2121
In 2016, the amount of polycarbonate imported worldwide stood at X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over ...
