China - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina's Rare Gases Import Rises Rapidly to $59M in April 2023
China Rare Gases Imports
In April 2023, rare gases imports into China soared to 2.4M cubic meters, increasing by 25% against the month before. Over the period under review, total imports indicated a moderate expansion from April 2022 to April 2023: its volume increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, imports increased by +45.7% against January 2023 indices. The growth pace was the most rapid in November 2022 with an increase of 62% month-to-month. Imports peaked at 2.5M cubic meters in August 2022; however, from September 2022 to April 2023, imports failed to regain momentum.
In value terms, rare gases imports surged to $59M (IndexBox estimates) in April 2023. In general, total imports indicated a pronounced expansion from April 2022 to April 2023: its value increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, imports increased by +31.9% against January 2023 indices. The pace of growth was the most pronounced in August 2022 with an increase of 57% m-o-m. Over the period under review, imports reached the peak figure at 73M cubic meters in December 2022; however, from January 2023 to April 2023, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Rare Gases in China (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| Qatar | 16.5 | 24.0 | 28.4 | 21.5 | 33.6 | 23.7 | 16.6 | 31.6 | 30.9 | 28.3 | 40.7 | 35.9 | 42.9 |
| United States | 7.9 | 8.2 | 7.6 | 3.6 | 11.9 | 16.2 | 6.6 | 7.6 | 13.5 | 4.7 | 11.4 | 8.9 | 13.0 |
| Australia | 0.6 | 0.3 | 1.6 | N/A | 0.7 | 0.4 | 1.1 | 0.3 | N/A | N/A | N/A | N/A | N/A |
| Others | 11.4 | 8.7 | 11.7 | 12.6 | 13.1 | 11.6 | 14.3 | 13.0 | 28.2 | 11.5 | 13.3 | 2.1 | 2.8 |
| Total | 36.4 | 41.2 | 49.3 | 37.8 | 59.3 | 51.9 | 38.6 | 52.5 | 72.6 | 44.5 | 65.4 | 46.9 | 58.7 |
Imports by Country
In April 2023, Qatar (2M cubic meters) constituted the largest rare gases supplier to China, with a 84% share of total imports. Moreover, rare gases imports from Qatar exceeded the figures recorded by the second-largest supplier, the United States (319K cubic meters), sixfold.
From April 2022 to April 2023, the average monthly rate of growth in terms of volume from Qatar stood at +4.7%.
In value terms, Qatar ($43M) constituted the largest supplier of rare gases to China, comprising 73% of total imports. The second position in the ranking was held by the United States ($13M), with a 22% share of total imports.
From April 2022 to April 2023, the average monthly rate of growth in terms of value from Qatar totaled +8.3%.
Import Prices by Country
In April 2023, the rare gases price stood at $24.1 per cubic meter (CIF, China), approximately reflecting the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 25% m-o-m. As a result, import price attained the peak level of $33,579 per thousand cubic meters. From January 2023 to April 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was the United States ($40.9 per cubic meter), while the price for Qatar stood at $21.0 per cubic meter.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the rare gases 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 20111130 - Rare gases (excluding argon)
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
