Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in China - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in China (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in China (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in China
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in China

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in China (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $23,593 per ton, falling by -25.3% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polymers, natural; alginic acid, its salts and esters, in primary formses decreased by +0.5% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 39% against the previous year. The import price peaked at $31,595 per ton in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($57,913 per ton), while the price for Poland ($2,854 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in China (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $11,931 per ton, picking up by 13% against the previous year. Overall, the export price enjoyed a modest expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 142% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,580 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($15,118 per ton), while the average price for exports to Vietnam totaled $10,660 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-1.7%), while the prices for the other major destinations experienced a decline.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in China

In 2022, approx. 171 tons of polymers, natural; alginic acid, its salts and esters, in primary formses were imported into China; with an increase of 41% on the previous year's figure. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +56.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 51%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses expanded rapidly to $4M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to China in 2022:

1. Norway (77.6 tons)
2. Belgium (28.8 tons)
3. France (26.8 tons)
4. Japan (14.9 tons)
5. Poland (12.9 tons)
6. Chile (6.3 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in China

In 2022, the amount of polymers, natural; alginic acid, its salts and esters, in primary formses exported from China plummeted to 35 tons, which is down by -30.3% on the year before. In general, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 4.3%.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses fell notably to $418K in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 14%.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from China in 2022:

1. Vietnam (25.0 tons)
2. Japan (10.0 tons)

Source: IndexBox Market Intelligence Platform