Report China - Resinoids - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 30, 2022

China - Resinoids - Market Analysis, Forecast, Size, Trends and Insights

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China: Resinoids Market 2022

Resinoids Market Size in China

The Chinese resinoids market was finally on the rise to reach $X in 2021, after four years of decline. In general, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -29.8% against 2016 indices. Resinoids consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Resinoids Production in China

In value terms, resinoids production rose markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -26.0% against 2016 indices. The growth pace was the most rapid in 2013 when the production volume increased by 75% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Resinoids Exports

Exports from China

Resinoids exports from China skyrocketed to X tons in 2021, rising by 33% against the previous year's figure. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by 674% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, resinoids exports soared to $X in 2021. Overall, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,103% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Haiti (X tons), Thailand (X tons) and Iraq (X tons) were the main destinations of resinoids exports from China, together accounting for 54% of total exports. Malaysia, Saudi Arabia, Yemen, Indonesia, Nigeria, Germany, Jamaica, the United States, Chile and Morocco lagged somewhat behind, together comprising a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +141.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for resinoids exported from China were Haiti ($X), Germany ($X) and Thailand ($X), with a combined 52% share of total exports. Malaysia, Nigeria, Saudi Arabia, the United States, Indonesia, Iraq, Yemen, Jamaica, Morocco and Chile lagged somewhat behind, together comprising a further 25%.

Indonesia, with a CAGR of +143.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average resinoids export price stood at $X per ton in 2021, growing by 44% against the previous year. Over the period under review, the export price posted a pronounced increase. The most prominent rate of growth was recorded in 2013 an increase of 55% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Iraq ($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 Germany (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Resinoids Imports

Imports into China

In 2021, imports of resinoids into China skyrocketed to X tons, with an increase of 53% compared with 2020. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 82%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, resinoids imports declined to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 134%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest resinoids supplier to China, accounting for a 56% share of total imports. Moreover, resinoids imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), fourfold. The third position in this ranking was held by the United States (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +64.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+18.0% per year) and the United States (+22.9% per year).

In value terms, France ($X) constituted the largest supplier of resinoids to China, comprising 36% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by the UK, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to -8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+36.4% per year) and the UK (+22.7% per year).

Import Prices by Country

The average resinoids import price stood at $X per ton in 2021, which is down by -40.3% against the previous year. Overall, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 38% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Germany ($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 Arab Emirates (+33.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for resinoids in the world?
+
The countries with the highest volumes of consumption in 2021 were China, Spain and the United States, with a combined 45% share of global consumption. These countries were followed by India, Japan, Germany, Russia, Pakistan, Indonesia, Mexico, Rwanda and Turkey, which together accounted for a further 26%.
What are the largest producers of resinoids in the world?
+
The countries with the highest volumes of production in 2021 were China, Spain and the United States, together accounting for 50% of global production. These countries were followed by India, Japan, Germany, Russia, Pakistan, Indonesia, Mexico, Rwanda and Taiwan Chinese), which together accounted for a further 26%.
What are the leading suppliers of resinoids to China?
+
In value terms, France constituted the largest supplier of resinoids to China, comprising 36% of total imports. The second position in the ranking was taken by Germany, with a 16% share of total imports. It was followed by the UK, with a 12% share.
What are the leading importers of resinoids from China?
+
In value terms, the largest markets for resinoids exported from China were Haiti, Germany and Thailand, with a combined 52% share of total exports. Malaysia, Nigeria, Saudi Arabia, the United States, Indonesia, Iraq, Yemen, Jamaica, Morocco and Chile lagged somewhat behind, together accounting for a further 25%.
What is the average export price for resinoids in China?
+
In 2021, the average resinoids export price amounted to $7,535 per ton, rising by 44% against the previous year.
What is the average import price for resinoids in China?
+
The average resinoids import price stood at $31,554 per ton in 2021, shrinking by -40.3% against the previous year.

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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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