China - Sodium Carbonate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Carbonate Price in China - 2023
Contents:
- Sodium Carbonate Price in China (FOB) - 2023
- Sodium Carbonate Price in China (CIF) - 2022
- Sodium Carbonate Exports in China
- Sodium Carbonate Imports in China
Sodium Carbonate Price in China (FOB) - 2023
The average sodium carbonate export price stood at $295 per ton in June 2023, reducing by -14.9% against the previous month. In general, the export price showed a pronounced downturn. The most prominent rate of growth was recorded in March 2023 an increase of 2.2% against the previous month. Over the period under review, the average export prices reached the maximum at $421 per ton in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Brazil ($474 per ton), while the average price for exports to Nigeria ($256 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 Brazil (+0.9%), while the prices for the other major destinations experienced a decline.
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Sodium Carbonate Price in China (CIF) - 2022
In 2022, the average sodium carbonate import price amounted to $314 per ton, increasing by 31% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium carbonate import price increased by +95.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 50% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($341 per ton) and the United States ($332 per ton), while the price for Uzbekistan ($255 per ton) and the United Arab Emirates ($263 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Carbonate Exports in China
In 2022, overseas shipments of sodium carbonate increased by 187% to 2.2M tons for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sodium carbonate exports soared to $805M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sodium Carbonate in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 31.8 | 27.0 | 26.9 | 85.1 | 38.8% |
| Bangladesh | 45.5 | 22.7 | 17.4 | 73.5 | 17.3% |
| Thailand | 30.9 | 17.4 | 6.0 | 70.7 | 31.8% |
| Indonesia | 34.0 | 30.3 | 26.2 | 67.6 | 25.7% |
| Brazil | 0.1 | 0.6 | N/A | 65.1 | 766.7% |
| Philippines | 28.8 | 25.4 | 22.6 | 58.3 | 26.5% |
| Nigeria | 26.5 | 25.8 | 7.7 | 51.9 | 25.1% |
| South Korea | 47.6 | 37.4 | 38.0 | 37.4 | -7.7% |
| Malaysia | 10.5 | 8.8 | 2.3 | 35.5 | 50.1% |
| India | 7.9 | 2.7 | 1.1 | 32.2 | 59.7% |
| South Africa | 0.3 | 5.6 | 1.7 | 29.2 | 360.0% |
| Saudi Arabia | 0.2 | 2.0 | 0.2 | 28.6 | 422.9% |
| Japan | 23.0 | 9.8 | 11.3 | 11.4 | -20.9% |
| Others | 54.9 | 39.1 | 34.9 | 158 | 42.2% |
| Total | 342 | 255 | 196 | 805 | 33.0% |
Top Export Markets for Sodium Carbonate from China in 2022:
- Vietnam (221.8K tons)
- Bangladesh (189.4K tons)
- Thailand (186.7K tons)
- Indonesia (181.3K tons)
- South Africa (163.6K tons)
- Brazil (157.1K tons)
- Philippines (153.4K tons)
- Nigeria (133.4K tons)
- Malaysia (92.3K tons)
- South Korea (91.8K tons)
- India (82.3K tons)
- Saudi Arabia (68.8K tons)
- Japan (25.5K tons)
Sodium Carbonate Imports in China
In 2022, overseas purchases of sodium carbonate decreased by -52.1% to 114K tons, falling for the second year in a row after two years of growth. In general, imports faced a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 90% against the previous year. As a result, imports attained the peak of 356K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sodium carbonate imports declined sharply to $36M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 64% against the previous year. As a result, imports attained the peak of $57M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Sodium Carbonate in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.6 | 36.0 | 30.5 | 14.6 | -17.1% |
| Turkey | 8.7 | 20.3 | 20.4 | 7.4 | -5.3% |
| Uzbekistan | N/A | N/A | 1.6 | 5.8 | 262.5% |
| Kenya | N/A | N/A | 1.3 | 4.6 | 253.8% |
| United Arab Emirates | N/A | N/A | 0.6 | 1.2 | 100.0% |
| Iran | N/A | N/A | 0.6 | 0.6 | 0.0% |
| Others | 0.6 | 0.9 | 2.0 | 1.5 | 35.7% |
| Total | 34.9 | 57.2 | 56.9 | 35.7 | 0.8% |
Top Suppliers of Sodium Carbonate to China in 2022:
- United States (44.0K tons)
- Uzbekistan (22.8K tons)
- Turkey (21.8K tons)
- Kenya (15.0K tons)
- United Arab Emirates (4.6K tons)
- Iran (2.2K tons)
This report provides an in-depth analysis of the sodium carbonate 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 20134310 - Disodium carbonate
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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