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China - Saccharin And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Saccharin And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Jul 15, 2023

China's Saccharin Exports Fall Sharply to $8.6M in April 2023

China Saccharin Exports

In April 2023, after two months of growth, there was significant decline in overseas shipments of saccharin and its salts, when their volume decreased by -15.5% to 1.4K tons. Over the period under review, exports, however, recorded a slight expansion. The most prominent rate of growth was recorded in May 2022 with an increase of 41% against the previous month. As a result, the exports attained the peak of 1.7K tons. From June 2022 to April 2023, the growth of the exports failed to regain momentum.

In value terms, saccharin exports shrank to $8.6M (IndexBox estimates) in April 2023. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 with an increase of 38% against the previous month. As a result, the exports attained the peak of $12M. From June 2022 to April 2023, the growth of the exports remained at a somewhat lower figure.

COUNTRYExport Value of Saccharin in China (thousand USD)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Germany1,1881,0011,3008913446496167851,0808855011,5251,367
Brazil1,4394,1428841,5051,2138201,803545358203968125921
Pakistan27575138281.2255316427200378191256223915
Indonesia379111544203328228389115663290113531661
Turkey2821502660.9280N/A8.8123N/AN/A129259514
India254240158502186297545484654160563557431
South Korea382207452156676288539301308510636390393
South Africa50740032955.31674.687.7N/A27736.4385390250
United Kingdom33728011215814418.412414828786.5124610236
Belgium0.836.513.6122N/AN/AN/AN/AN/A< 0.10.6< 0.1232
Italy16.8N/A250N/A105122N/AN/A< 0.1114N/AN/A205
Japan73.03307669903172682456.5140222316387204
Argentina24212824629016923328821067.42.5189128196
Others3,6534,6523,7164,5133,7463,7633,6834,2064,5354,0043,5644,9172,059
Total9,02812,4279,4189,4687,9307,0088,7557,1238,7486,7067,74710,0438,582

Exports by Country

Germany (208 tons), Pakistan (153 tons) and Brazil (125 tons) were the main destinations of saccharin exports from China, with a combined 36% share of total exports. These countries were followed by Indonesia, Turkey, India, South Korea, South Africa, Belgium, Italy, the UK, Argentina and Japan, which together accounted for a further 40%.

From April 2022 to April 2023, the biggest increases were in Belgium (with a CAGR of +63.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for saccharin exported from China were Germany ($1.4M), Brazil ($921K) and Pakistan ($915K), together accounting for 37% of total exports. These countries were followed by Indonesia, Turkey, India, South Korea, South Africa, the UK, Belgium, Italy, Japan and Argentina, which together accounted for a further 39%.

Belgium, with a CAGR of +60.7%, recorded the highest growth rate of the value of exports, in terms of 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 saccharin price amounted to $6,336 per ton (FOB, China), stabilizing at the previous month. Overall, the export price, however, saw a mild slump. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 5% against the previous month. The export price peaked at $7,492 per ton in April 2022; however, from May 2022 to April 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In April 2023, the countries with the highest prices were Brazil ($7,344 per ton) and the UK ($7,095 per ton), while the average price for exports to Indonesia ($5,847 per ton) and India ($5,900 per ton) were amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (-0.3%), while the prices for the other major destinations experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the saccharin 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 20144320 - Saccharin and its salts

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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