China - 1-Cyanoguanidine (Dicyandiamide) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina's Dicyandiamide Exports Decrease by 6% to Average 5.1K Tons in February 2023
China Dicyandiamide Exports
Dicyandiamide exports from China dropped to 5.1K tons in February 2023, shrinking by -5.6% on January 2023. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when exports increased by 46% month-to-month. As a result, the exports reached the peak of 6.8K tons. From January 2023 to February 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, dicyandiamide exports rose slightly to $14M (IndexBox estimates) in February 2023. Over the period under review, exports recorded a pronounced reduction. The pace of growth appeared the most rapid in December 2022 with an increase of 24% against the previous month. The exports peaked at 23K tons in March 2022; however, from April 2022 to February 2023, the exports remained at a lower figure.
Exports by Country
India (2.8K tons) was the main destination for dicyandiamide exports from China, accounting for a 55% share of total exports. Moreover, dicyandiamide exports to India exceeded the volume sent to the second major destination, France (702 tons), fourfold. The third position in this ranking was held by the United States (443 tons), with an 8.8% share.
From February 2022 to February 2023, the average monthly growth rate of volume to India stood at -1.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: France (+2.4% per month) and the United States (+3.7% per month).
In value terms, India ($7.4M) remains the key foreign market for dicyandiamide exports from China, comprising 52% of total exports. The second position in the ranking was held by France ($2.2M), with a 16% share of total exports. It was followed by the United States, with an 8.6% share.
From February 2022 to February 2023, the average monthly growth rate of value to India stood at -4.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: France (+0.9% per month) and the United States (+0.9% per month).
Export Prices by Country
In February 2023, the dicyandiamide price amounted to $2,803 per ton (FOB, China), growing by 9.8% against the previous month. Over the period under review, the export price, however, showed a noticeable reduction. Over the period under review, the average export prices hit record highs at $3,861 per ton in February 2022; however, from March 2022 to February 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In February 2023, the countries with the highest prices were Norway ($3,290 per ton) and France ($3,200 per ton), while the average price for exports to Mexico ($2,634 per ton) and India ($2,649 per ton) were amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (-1.5%), while the prices for the other major destinations experienced a decline.
Dicyandiamide Export Drop Due to Global Economic Slowdown
The price drop in exports is a result of several factors, including a slowdown in the global economy and stricter environmental regulations in China.
New environmental regulations in China have made it more difficult and expensive for Dicyandiamide producers to operate, leading to a reduction in supply. The government's crackdown on pollution has resulted in stricter emissions standards, which has forced some smaller producers out of business.
Despite the drop in exports, experts believe that this trend is temporary and that demand for Dicyandiamide will pick up once the global economy stabilizes.
This report provides an in-depth analysis of the dicyandiamide 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 20144360 - 1-Cyanoguanidine (dicyandiamide)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
