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China - Aromatic Alcohols And Their Derivatives - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Aromatic Alcohols And Their Derivatives - Market Analysis, Forecast, Size, Trends And Insights

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Jun 16, 2023

Aromatic Alcohols Export in China Drops Sharply to $20M in April 2023

China Aromatic Alcohols Exports

In April 2023, shipments abroad of aromatic alcohols and their derivatives decreased by -7.1% to 3.9K tons, falling for the second month in a row after two months of growth. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 with an increase of 25% month-to-month.

In value terms, aromatic alcohols exports contracted notably to $20M (IndexBox estimates) in April 2023. In general, exports showed a pronounced shrinkage. The pace of growth appeared the most rapid in March 2023 with an increase of 39% against the previous month.

COUNTRYExport Value of Aromatic Alcohols in China (million USD)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
India12.07.09.512.813.410.35.61.32.52.12.88.83.4
Japan2.12.91.71.02.02.01.61.20.70.60.60.92.4
Mexico5.46.65.45.01.51.70.80.52.11.82.03.61.6
Netherlands0.60.60.90.81.50.81.00.40.20.80.80.80.9
Spain0.70.60.80.61.00.10.50.20.30.60.30.70.8
Germany0.90.40.60.40.40.30.70.40.81.30.71.20.7
Singapore0.80.80.80.51.30.70.50.60.60.40.50.50.6
Switzerland0.70.61.50.70.60.70.10.30.60.40.30.40.5
Turkey0.10.20.2< 0.1< 0.10.20.30.40.3< 0.10.30.40.4
South Korea0.70.60.80.80.90.80.31.21.30.60.70.20.4
Italy0.20.40.20.40.40.10.60.40.20.50.40.60.3
United Kingdom2.92.52.62.22.32.21.82.12.93.62.12.70.3
Russia< 0.10.20.20.40.50.40.80.10.30.20.30.20.3
Others3.96.14.36.04.84.75.45.14.95.37.25.47.3
Total31.029.429.431.630.524.920.114.217.518.219.126.519.8

Exports by Country

Mexico (377 tons), the Netherlands (286 tons) and Japan (274 tons) were the main destinations of aromatic alcohols exports from China, together comprising 24% of total exports. India, Germany, Singapore, Spain, Italy, the UK, Russia, South Korea, Switzerland and Turkey lagged somewhat behind, together comprising a further 42%.

From April 2022 to April 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +105.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aromatic alcohols exported from China were India ($3.4M), Japan ($2.4M) and Mexico ($1.6M), with a combined 37% share of total exports. These countries were followed by the Netherlands, Spain, Germany, Singapore, Switzerland, Turkey, South Korea, Russia, the UK and Italy, which together accounted for a further 26%.

Russia, with a CAGR of +51.3%, recorded the highest growth rate of 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 April 2023, the aromatic alcohols price amounted to $5,094 per ton (FOB, China), shrinking by -19.7% against the previous month. Over the period under review, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in March 2023 an increase of 44% against the previous month. Over the period under review, the average export prices attained the peak figure at $8,732 per ton in June 2022; however, from July 2022 to April 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In April 2023, the country with the highest price was India ($12,707 per ton), while the average price for exports to Italy ($1,779 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aromatic alcohols 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 20142375 - Aromatic alcohols and their halogenated, sulphonated, n itrated or nitrosated derivatives

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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