China - Unsaturated Polyesters In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Unsaturated Polyesters in Primary Forms in China - 2023
Contents:
- Price for Unsaturated Polyesters in Primary Forms in China (FOB) - 2023
- Price for Unsaturated Polyesters in Primary Forms in China (CIF) - 2023
- Exports of Unsaturated Polyesters in Primary Forms in China
- Imports of Unsaturated Polyesters in Primary Forms in China
Price for Unsaturated Polyesters in Primary Forms in China (FOB) - 2023
The average export price for unsaturated polyesters in primary forms stood at $1,622 per ton in September 2023, growing by 5.2% against the previous month. Over the period under review, the export price, however, continues to indicate a slight contraction. The growth pace was the most rapid in March 2023 when the average export price increased by 8.9% m-o-m. Over the period under review, the average export prices attained the peak figure at $2,196 per ton in November 2022; however, from December 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was South Korea ($3,568 per ton), while the average price for exports to Thailand ($1,208 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Unsaturated Polyesters in Primary Forms in China (CIF) - 2023
The average import price for unsaturated polyesters in primary forms stood at $4,022 per ton in September 2023, with an increase of 17% against the previous month. In general, the import price, however, showed a mild curtailment. The pace of growth appeared the most rapid in February 2023 an increase of 27% m-o-m. Over the period under review, average import prices reached the peak figure at $4,961 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($9,247 per ton), while the price for Malaysia ($1,082 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Unsaturated Polyesters in Primary Forms in China
For the fourth year in a row, China recorded growth in overseas shipments of unsaturated polyesters in primary forms, which increased by 30% to 86K tons in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 45% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, unsaturated polyesters in primary forms exports soared to $183M in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 80% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Unsaturated Polyesters in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 15.0 | 18.1 | 30.7 | 50.9 | 50.3% |
| Thailand | 3.7 | 6.0 | 19.9 | 27.0 | 94.0% |
| Taiwan (Chinese) | 4.9 | 7.6 | 11.0 | 7.8 | 16.8% |
| Canada | 0.8 | 0.9 | 4.9 | 6.7 | 103.1% |
| Cambodia | 0.2 | 1.1 | 5.0 | 6.3 | 215.8% |
| Mexico | 0.5 | 0.3 | 1.8 | 6.2 | 131.5% |
| Australia | 2.9 | 4.1 | 7.6 | 5.3 | 22.3% |
| Russia | 3.0 | 2.8 | 3.1 | 5.2 | 20.1% |
| India | 9.2 | 2.0 | 7.2 | 4.8 | -19.5% |
| Malaysia | 2.8 | 4.3 | 6.3 | 4.8 | 19.7% |
| Egypt | 1.3 | 1.4 | 1.7 | 3.9 | 44.2% |
| Philippines | 2.0 | 2.2 | 4.4 | 3.3 | 18.2% |
| Bangladesh | 1.4 | 1.6 | 2.4 | 3.0 | 28.9% |
| Others | 22.3 | 28.2 | 38.8 | 48.2 | 29.3% |
| Total | 69.9 | 80.5 | 145 | 183 | 37.8% |
Top Export Markets for Unsaturated Polyesters in Primary Forms from China in 2022:
- Vietnam (26.7K tons)
- Thailand (17.0K tons)
- Taiwan (Chinese) (4.0K tons)
- Mexico (3.0K tons)
- Cambodia (3.0K tons)
- Canada (2.4K tons)
- India (2.0K tons)
- Philippines (1.9K tons)
- Malaysia (1.9K tons)
- Russia (1.9K tons)
- Bangladesh (1.7K tons)
- Australia (1.5K tons)
- Egypt (1.5K tons)
Imports of Unsaturated Polyesters in Primary Forms in China
In 2022, supplies from abroad of unsaturated polyesters in primary forms decreased by -9.8% to 22K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a perceptible slump. The pace of growth was the most pronounced in 2020 with an increase of 4.2%. As a result, imports reached the peak of 25K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, unsaturated polyesters in primary forms imports contracted to $87M in 2022. In general, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 4.5%. As a result, imports attained the peak of $98M, and then shrank in the following year.
| Import of Unsaturated Polyesters in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 32.0 | 33.7 | 35.4 | 30.4 | -1.7% |
| Italy | 8.2 | 8.3 | 9.1 | 12.4 | 14.8% |
| Taiwan (Chinese) | 15.7 | 18.3 | 13.1 | 11.4 | -10.1% |
| South Korea | 13.8 | 9.9 | 8.1 | 8.2 | -15.9% |
| Germany | 8.5 | 6.5 | 9.2 | 7.0 | -6.3% |
| United States | 3.5 | 3.5 | 7.2 | 6.3 | 21.6% |
| France | 4.3 | 5.8 | 6.9 | 3.4 | -7.5% |
| Thailand | 0.8 | 0.8 | 1.0 | 2.5 | 46.2% |
| Spain | 2.8 | 2.3 | 0.5 | N/A | -57.7% |
| Others | 5.1 | 5.1 | 8.0 | 5.6 | 3.2% |
| Total | 94.7 | 94.2 | 98.4 | 87.2 | -2.7% |
Top Suppliers of Unsaturated Polyesters in Primary Forms to China in 2022:
- Spain (undefinedK tons)
- Taiwan (Chinese) (5.5K tons)
- Japan (4.5K tons)
- South Korea (4.2K tons)
- Italy (3.1K tons)
- Germany (1.2K tons)
- Thailand (0.7K tons)
- France (0.6K tons)
- United States (0.6K tons)
This report provides an in-depth analysis of the market for unsaturated 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 20164070 - Unsaturated liquid polyesters, in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate)
- Prodcom 20164080 - Unsaturated polyesters, in primary forms (excluding liquid polyesters, polyacetals, polyethers, epoxide resins, p olycarbonates, alkyd resins, polyethylene terephthalate)
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
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