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China - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Apr 18, 2023

China Export of Polycarboxylic Acid Jumps 29% to $433M in February 2023

China Polycarboxylic Acid Exports

In February 2023, polycarboxylic acid exports from China skyrocketed to 440K tons, increasing by 38% on January 2023. In general, total exports indicated a pronounced increase from February 2022 to February 2023: its volume increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, exports increased by +48.7% against August 2022 indices. Over the period under review, the exports hit record highs at 515K tons in June 2022; however, from July 2022 to February 2023, the exports stood at a somewhat lower figure.

In value terms, polycarboxylic acid exports soared to $433M (IndexBox estimates) in February 2023. Over the period under review, total exports indicated modest growth from February 2022 to February 2023: its value increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, exports increased by +29.0% against January 2023 indices. The exports peaked at 615K tons in April 2022; however, from May 2022 to February 2023, the exports stood at a somewhat lower figure.

COUNTRY	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023
COUNTRY	Million USD
Turkey	51.4	71.5	108.0	54.2	146.0	80.8	9.9	32.9	28.9	62.6	26.1	12.8	18.5
Pakistan	18.1	25.0	5.4	30.4	8.5	5.8	25.2	6.5	12.2	14.2	15.2	3.8	12.8
Saudi Arabia	9.2	31.4	9.8	21.9	24.7	20.1	18.2	16.4	18.8	15.9	12.1	7.7	13.8
Netherlands	11.8	11.5	10.3	15.2	10.3	8.8	9.7	6.3	10.0	10.3	9.2	11.2	14.5
Italy	10.1	12.1	15.5	11.0	6.8	7.7	6.1	8.6	6.6	7.8	16.0	11.5	12.4
Bangladesh	6.9	0.4	7.4	11.7	1.3	0.8	7.3	0.4	8.9	0.4	0.2	0.2	9.0
Myanmar	0.2	0.3	0.9	5.5	7.6	5.7	8.8	10.6	9.9	5.2	13.4	11.1	14.5
Egypt	2.0	18.7	39.8	20.6	7.1	25.1	30.1	3.4	11.3	6.4	11.1	17.6	14.7
Oman	34.6	0.5	31.8	20.6	44.2	12.3	38.6	36.4	17.5	17.0	33.8	18.5	10.9
India	50.2	117.0	177.0	113.0	147.0	121.0	32.7	94.6	59.5	55.7	59.7	72.2	136.0
Vietnam	36.4	32.3	30.2	31.5	31.7	36.6	20.1	22.4	12.5	26.8	17.2	26.5	28.1
Argentina	0.1	0.8	7.2	0.6	0.4	0.6	0.5	0.3	0.5	2.3	5.8	1.1	5.6
Russia	12.8	12.9	16.4	29.0	25.2	35.7	20.1	20.3	35.0	8.8	46.0	25.9	19.6

Exports by Country

India (168K tons) was the main destination for polycarboxylic acid exports from China, with a 38% share of total exports. Moreover, polycarboxylic acid exports to India exceeded the volume sent to the second major destination, Vietnam (34K tons), fivefold. Russia (23K tons) ranked third in terms of total exports with a 5.2% share.

From February 2022 to February 2023, the average monthly growth rate of volume to India amounted to +9.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Vietnam (-2.1% per month) and Russia (+4.1% per month).

In value terms, India ($136M) remains the key foreign market for polycarboxylic acid exports from China, comprising 31% of total exports. The second position in the ranking was taken by Vietnam ($28M), with a 6.5% share of total exports. It was followed by Russia, with a 4.5% share.

From February 2022 to February 2023, the average monthly growth rate of value to India stood at +8.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Vietnam (-2.1% per month) and Russia (+3.6% per month).

Export Prices by Country

In February 2023, the polycarboxylic acid price amounted to $985 per ton (FOB, China), falling by -6.6% against the previous month. Overall, the export price showed a slight contraction. The pace of growth appeared the most rapid in March 2022 an increase of 9.6% against the previous month. The export price peaked at $1,293 per ton in May 2022; however, from June 2022 to February 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In February 2023, the country with the highest price was the Netherlands ($1,901 per ton), while the average price for exports to Oman ($682 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polycarboxylic acid 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 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
Prodcom 20143385 - Adipic acid, its salts and esters
Prodcom 20143387 - Maleic anhydride
Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
Prodcom 20143420 - Other esters of orthophthalic acid
Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and

Country coverage:

China

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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

China - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

China Export of Polycarboxylic Acid Jumps 29% to $433M in February 2023

China Polycarboxylic Acid Exports

Exports by Country

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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