Report China - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 1, 2023

China - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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China: Sodium Nitrate Market 2023

Sodium Nitrate Market Size in China

In 2021, the Chinese sodium nitrate market increased by 35% to $X, rising for the third consecutive year after two years of decline. Overall, consumption continues to indicate a prominent expansion. Sodium nitrate consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Sodium Nitrate Production in China

In value terms, sodium nitrate production totaled $X in 2021 estimated in export price. In general, production recorded a mild decline. The pace of growth appeared the most rapid in 2016 with an increase of 29%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Sodium Nitrate Exports

Exports from China

In 2021, overseas shipments of sodium nitrate decreased by -17.1% to X tons, falling for the third consecutive year after two years of growth. In general, exports showed a pronounced shrinkage. The growth pace was the most rapid in 2017 when exports increased by 31%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, sodium nitrate exports dropped to $X in 2021. Overall, exports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2018 with an increase of 16% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for sodium nitrate exports from China, with a 47% share of total exports. Moreover, sodium nitrate exports to Malaysia exceeded the volume sent to the second major destination, Thailand (X tons), sixfold. Pakistan (X tons) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia totaled +35.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-2.9% per year) and Pakistan (+2.3% per year).

In value terms, Malaysia ($X) remains the key foreign market for sodium nitrate exports from China, comprising 43% of total exports. The second position in the ranking was taken by Thailand ($X), with a 9% share of total exports. It was followed by Pakistan, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value to Malaysia totaled +32.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-2.3% per year) and Pakistan (+0.2% per year).

Export Prices by Country

In 2021, the average sodium nitrate export price amounted to $X per ton, increasing by 20% against the previous year. In general, the export price, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 56% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Pakistan ($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 Nigeria (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Nitrate Imports

Imports into China

In 2021, supplies from abroad of sodium nitrate decreased by -1.3% to X tons, falling for the fifth year in a row after two years of growth. In general, imports faced a abrupt descent. The pace of growth was the most pronounced in 2016 when imports increased by 101% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, sodium nitrate imports declined to $X in 2021. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 with an increase of 32%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) was the main sodium nitrate supplier to China, accounting for a 99% share of total imports. It was followed by Chile (X kg), with a 0.2% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled -3.3%.

In value terms, Germany ($X) constituted the largest supplier of sodium nitrate to China, comprising 99% of total imports. The second position in the ranking was held by Chile ($X), with a 0.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +9.4%.

Import Prices by Country

The average sodium nitrate import price stood at $X per ton in 2021, declining by -8.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 87% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 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 Chile ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+58.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox 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 sodium nitrate in the world?
+
The countries with the highest volumes of consumption in 2021 were Chile, Belgium and Germany, with a combined 58% share of global consumption. These countries were followed by Denmark, Ukraine, Trinidad and Tobago, the United Arab Emirates, China, Russia, the United States, Japan, Malaysia and Brazil, which together accounted for a further 28%.
What are the largest producers of sodium nitrate in the world?
+
The country with the largest volume of sodium nitrate production was Chile, accounting for 37% of total volume. Moreover, sodium nitrate production in Chile exceeded the figures recorded by the second-largest producer, Belgium, twofold. The third position in this ranking was held by Germany, with a 13% share.
What are the leading suppliers of sodium nitrate to China?
+
In value terms, Germany constituted the largest supplier of sodium nitrate to China, comprising 99% of total imports. The second position in the ranking was held by Chile $383), with a 0.6% share of total imports.
What are the leading importers of sodium nitrate from China?
+
In value terms, Malaysia remains the key foreign market for sodium nitrate exports from China, comprising 43% of total exports. The second position in the ranking was held by Thailand, with a 9% share of total exports. It was followed by Pakistan, with a 5.5% share.
What is the average export price for sodium nitrate in China?
+
The average sodium nitrate export price stood at $466 per ton in 2021, jumping by 20% against the previous year.
What is the average import price for sodium nitrate in China?
+
In 2021, the average sodium nitrate import price amounted to $1,319 per ton, which is down by -8.1% against the previous year.

This report provides an in-depth analysis of the sodium nitrate 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:
• FCL 4005 -
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 2012-2022
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, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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