China: Market for Organic Surface Active Agents And Washing Preparations 2023

Market Size for Organic Surface Active Agents And Washing Preparations in China

The Chinese market for organic surface active agents and washing preparations dropped modestly to $X in 2021, declining by -4.6% against the previous year. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.0% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Organic Surface Active Agents And Washing Preparations in China

In value terms, production of organic surface active agents and washing preparations fell to $X in 2021 estimated in export price. In general, the total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -20.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 59%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a lower figure.

Exports of Organic Surface Active Agents And Washing Preparations

Exports from China

After four years of growth, overseas shipments of organic surface active agents and washing preparations decreased by -5.8% to X tons in 2021. Overall, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by 43%. Over the period under review, the exports of reached the maximum at X tons in 2020, and then dropped in the following year.

In value terms, exports of organic surface active agents and washing preparations stood at $X in 2021. In general, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +73.3% against 2016 indices. The growth pace was the most rapid in 2017 when exports increased by 17% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Japan (X tons), Vietnam (X tons) and Hong Kong SAR (X tons) were the main destinations of exports of organic surface active agents and washing preparations from China, together comprising 16% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +18.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for organic surface active agent and washing preparation exported from China were Japan ($X), Vietnam ($X) and Malaysia ($X), with a combined 19% share of total exports.

In terms of the main countries of destination, Vietnam, with a CAGR of +18.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for organic surface active agents and washing preparations stood at $X per ton in 2021, rising by 15% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per ton), while the average price for exports to Ghana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface Active Agents And Washing Preparations

Imports into China

In 2021, the amount of organic surface active agents and washing preparations imported into China expanded remarkably to X tons, with an increase of 12% compared with 2020 figures. In general, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.6% against 2012 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 15% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, imports of organic surface active agents and washing preparations skyrocketed to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +24.8% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X tons), Malaysia (X tons) and Singapore (X tons) were the main suppliers of imports of organic surface active agents and washing preparations to China, together comprising 38% of total imports. These countries were followed by the United States, Germany, South Korea, Taiwan (Chinese), Italy, Thailand and Indonesia, which together accounted for a further 48%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +26.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Germany ($X) appeared to be the largest organic surface active agent and washing preparation suppliers to China, with a combined 50% share of total imports. Singapore, South Korea, Malaysia, Taiwan (Chinese), Italy, Thailand and Indonesia lagged somewhat behind, together accounting for a further 34%.

Italy, with a CAGR of +19.5%, saw 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 2021, the average import price for organic surface active agents and washing preparations amounted to $X per ton, growing by 13% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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