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China - Amino Resins - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Amino Resins - Market Analysis, Forecast, Size, Trends And Insights

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Jan 12, 2023

Amino Resin Export in China Skyrockets 53%, Averaging 89K Tons in September 2022

China Amino Resin Exports

After two months of decline, overseas shipments of amino resins increased by 53% to 89K tons in September 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 with an increase of 71% against the previous month. The exports peaked at 117K tons in June 2022; however, from July 2022 to September 2022, the exports remained at a lower figure.

In value terms, amino resin exports soared to $188M (IndexBox estimates) in September 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when exports increased by 74% m-o-m. Over the period under review, the exports hit record highs at 263K tons in May 2022; however, from June 2022 to September 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (17K tons), the United States (17K tons) and Russia (11K tons) were the main destinations of amino resin exports from China, with a combined 50% share of total exports.

From January 2022 to September 2022, the biggest increases were in Russia (with a CAGR of +20.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($36M), the Netherlands ($34M) and Russia ($25M) constituted the largest markets for amino resin exported from China worldwide, together comprising 50% of total exports.

Russia, with a CAGR of +18.2%, saw the highest rates of growth with regard to the value of exports, among 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

In September 2022, the amino resin price amounted to $2,108 per ton (FOB, China), dropping by -7.2% against the previous month. Overall, the export price recorded a slight decrease. The growth pace was the most rapid in July 2022 an increase of 8% m-o-m. The export price peaked at $2,300 per ton in May 2022; however, from June 2022 to September 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($2,744 per ton), while the average price for exports to Turkey ($1,792 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Factors Amino Resin Prices

Amino resins are a type of synthetic resin that are derived from amines. They are used in a variety of industries, including the automotive, electronics, and construction industries. Amino resins are used as adhesives, coatings, and molding compounds.

In China, the price of amino resins has been rising in recent years. There are a number of factors that have contributed to this price increase. The first factor is the rising cost of raw materials. Amino resins are made from a variety of raw materials, including petroleum products and chemicals. The cost of these raw materials has been rising due to a number of factors, including the ongoing trade dispute between the United States and China.

The second factor is the increasing demand for amino resins in China. Amino resins are used in a variety of industries in China, and the demand for these products is growing.

The third factor is the Chinese government's environmental policies. The Chinese government has implemented a number of policies aimed at reducing pollution and encouraging the use of environmentally-friendly products. As a result, many companies have been investing in research and development for new amino resin products that are more environmentally friendly. All of these factors have contributed to the rising price of amino resins in China.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the amino resin 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 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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