China - Resinoids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingResinoids Price in China - 2023
Contents:
- Resinoids Price in China (FOB) - 2022
- Resinoids Price in China (CIF) - 2022
- Resinoids Exports in China
- Resinoids Imports in China
Resinoids Price in China (FOB) - 2022
The average resinoids export price stood at $8,656 per ton in 2022, jumping by 20% against the previous year. In general, the export price continues to indicate a resilient increase. The growth pace was the most rapid in 2013 an increase of 60%. The export price peaked at $9,212 per ton in 2015; however, from 2016 to 2022, the export prices remained at a 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 Japan ($19,086 per ton), while the average price for exports to Mauritania ($3,927 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 Jamaica (+43.0%), while the prices for the other major destinations experienced more modest paces of growth.
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Resinoids Price in China (CIF) - 2022
In 2022, the average resinoids import price amounted to $64,870 per ton, rising by 102% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $73,377 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 France ($298,679 per ton), while the price for Germany ($15,825 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Resinoids Exports in China
In 2022, approx. 673 tons of resinoids were exported from China; shrinking by -43.1% on the previous year's figure. In general, exports saw a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 32%.
In value terms, resinoids exports reduced markedly to $5.8M in 2022. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, the exports attained the peak of $8.5M, and then fell remarkably in the following year.
| Export of Resinoids in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 10.1 | 623 | 528 | 1,493 | 428.7% |
| Haiti | 216 | 915 | 2,475 | 1,042 | 69.0% |
| Thailand | 110 | 281 | 928 | 485 | 64.0% |
| Jamaica | 87.3 | 98.0 | 167 | 386 | 64.1% |
| Nigeria | 589 | 356 | 334 | 362 | -15.0% |
| Japan | 17.1 | 29.9 | 71.0 | 251 | 144.8% |
| Senegal | N/A | 173 | 64.0 | 176 | 0.9% |
| Mauritania | N/A | N/A | 47.0 | 147 | 212.8% |
| Philippines | 221 | 13.1 | 27.6 | 130 | -16.2% |
| Ghana | 77.3 | 42.0 | 120 | 81.7 | 1.9% |
| Indonesia | 146 | 150 | 225 | 79.3 | -18.4% |
| Vietnam | 649 | 38.8 | N/A | 45.8 | -58.7% |
| Canada | 40.6 | 195 | 25.3 | 44.5 | 3.1% |
| Others | 4,957 | 1,552 | 3,512 | 1,101 | -39.4% |
| Total | 7,119 | 4,468 | 8,524 | 5,823 | -6.5% |
Top Export Markets for Resinoids from China in 2022:
- United Arab Emirates (199.9 tons)
- Haiti (117.1 tons)
- Thailand (96.0 tons)
- Mauritania (37.4 tons)
- Senegal (34.1 tons)
- Jamaica (32.6 tons)
- Nigeria (22.4 tons)
- Philippines (21.6 tons)
- Ghana (19.8 tons)
- Indonesia (15.6 tons)
- Japan (13.1 tons)
- Vietnam (11.1 tons)
- Canada (10.2 tons)
Resinoids Imports in China
In 2022, approx. 12 tons of resinoids were imported into China; falling by -68.9% compared with 2021. Over the period under review, imports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 when imports increased by 55%.
In value terms, resinoids imports plummeted to $765K in 2022. In general, imports showed a sharp decline. The smallest decline of -0.9% was in 2021.
| Import of Resinoids in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 464 | 500 | 402 | 434 | -2.2% |
| South Korea | 10.6 | 50.3 | 37.4 | 83.7 | 99.1% |
| United Kingdom | 8.7 | 1.9 | 135 | 79.6 | 109.2% |
| Germany | 31.6 | 124 | 182 | 60.4 | 24.1% |
| India | 228 | 42.2 | 100 | 30.2 | -49.0% |
| United States | 21.9 | 23.3 | 64.0 | 23.3 | 2.1% |
| Rwanda | 1,825 | N/A | N/A | 0.1 | -96.2% |
| Thailand | 608 | 38.7 | 6.5 | N/A | -89.7% |
| Netherlands | 22.7 | 0.6 | N/A | N/A | -97.4% |
| Others | 242 | 446 | 290 | 54.0 | -39.3% |
| Total | 3,462 | 1,227 | 1,216 | 765 | -39.5% |
Top Suppliers of Resinoids to China in 2022:
- Rwanda (undefined tons)
- Thailand (undefined tons)
- Germany (3.8 tons)
- United Kingdom (3.0 tons)
- France (1.5 tons)
- United States (1.4 tons)
- South Korea (0.9 tons)
- India (0.6 tons)
This report provides an in-depth analysis of the resinoids 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 20531030 - Resinoids
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
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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
371
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