China - Polymethyl Methacrylate In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina Sees Modest Rise in Polymethyl Methacrylate Imports, Reaching $345M in 2024
China Polymethyl Methacrylate Imports
In 2024, approx. 157K tons of polymethyl methacrylate in primary forms were imported into China; which is down by -13.8% against 2023 figures. Overall, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of 28%. Over the period under review, imports attained the peak figure at 256K tons in 2021; however, from 2022 to 2024, imports stood at a somewhat lower figure.
In value terms, polymethyl methacrylate imports reached $345M (IndexBox estimates) in 2024. In general, imports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Imports peaked at $615M in 2018; however, from 2019 to 2024, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Polymethyl Methacrylate in China (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| Japan | 149 | 109 | 96.7 | 109 | 110 | 92.8 | 93.3 | 116 | 91.8 | 69.7 | 81.4 |
| South Korea | 160 | 152 | 139 | 152 | 176 | 127 | 106 | 166 | 119 | 93.7 | 80.3 |
| Saudi Arabia | N/A | N/A | N/A | N/A | 57.2 | 55.5 | 40.6 | 70.6 | 54.0 | 62.4 | 40.6 |
| Singapore | 140 | 124 | 107 | 127 | 125 | 84.0 | 53.5 | 65.9 | 54.2 | 29.9 | 26.6 |
| Germany | 20.6 | 9.2 | 7.7 | 7.8 | 9.1 | 7.8 | 9.2 | 15.3 | 14.5 | 19.1 | 20.8 |
| Malaysia | 2.9 | 2.2 | 2.6 | 3.1 | 9.3 | 17.6 | 15.9 | 18.3 | 16.2 | 13.8 | 20.2 |
| Taiwan (Chinese) | 80.8 | 45.5 | 46.6 | 72.9 | 85.4 | 38.3 | 37.1 | 58.4 | 19.2 | 17.1 | 16.9 |
| Thailand | 1.3 | 0.8 | 0.4 | 0.9 | 14.9 | 29.3 | 15.2 | 16.6 | 16.3 | 17.0 | 15.9 |
| Others | 15.8 | 17.8 | 19.9 | 21.9 | 28.8 | 28.7 | 23.4 | 30.7 | 26.4 | 20.4 | 42.6 |
| Total | 570 | 460 | 420 | 495 | 615 | 481 | 394 | 557 | 412 | 343 | 345 |
Imports by Country
South Korea (37K tons), Japan (27K tons) and Saudi Arabia (24K tons) were the main suppliers of polymethyl methacrylate imports to China, with a combined 56% share of total imports.
From 2014 to 2024, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +179.8%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest polymethyl methacrylate suppliers to China were Japan ($81M), South Korea ($80M) and Saudi Arabia ($41M), together accounting for 59% of total imports.
Among the main suppliers, Saudi Arabia, with a CAGR of +194.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2024, the polymethyl methacrylate price amounted to $2,198 per ton (CIF, China), surging by 17% against the previous year. Overall, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. The import price peaked at $2,800 per ton in 2016; however, from 2017 to 2024, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,057 per ton), while the price for Thailand ($1,081 per ton) was amongst the lowest.
From 2014 to 2024, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the polymethyl methacrylate 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 20165350 - Polymethyl methacrylate, in primary forms
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
