China: Hydrogen Peroxide Market 2024

Hydrogen Peroxide Market Size in China

The Chinese hydrogen peroxide market reached $X in 2022, leveling off at the previous year. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Hydrogen peroxide consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Hydrogen Peroxide Production in China

In value terms, hydrogen peroxide production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Hydrogen Peroxide Exports

Exports from China

After three years of decline, shipments abroad of hydrogen peroxide increased by X% to X tons in 2022. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, hydrogen peroxide exports skyrocketed to $X in 2022. In general, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons) was the main destination for hydrogen peroxide exports from China, accounting for a X% share of total exports. Moreover, hydrogen peroxide exports to Russia exceeded the volume sent to the second major destination, Cambodia (X tons), more than tenfold. Turkey (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (X% per year) and Turkey (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for hydrogen peroxide exports from China, comprising X% of total exports. The second position in the ranking was taken by Cambodia ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the average hydrogen peroxide export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Kenya ($X 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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hydrogen Peroxide Imports

Imports into China

In 2022, after two years of growth, there was significant decline in overseas purchases of hydrogen peroxide, when their volume decreased by X% to X tons. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, hydrogen peroxide imports declined dramatically to $X in 2022. Overall, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank significantly in the following year.

Imports by Country

Thailand (X tons), Japan (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of hydrogen peroxide imports to China, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Japan ($X) and Taiwan (Chinese) ($X) were the largest hydrogen peroxide suppliers to China, with a combined X% share of total imports.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hydrogen peroxide import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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