China - Amino-Resins, Phenolic Resins And Polyurethanes (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

China - Amino-Resins, Phenolic Resins And Polyurethanes (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Amino-Resin Prices in China

China Amino-Resin Export Price in September 2022

In September 2022, the amino-resin price amounted to $2,401 per ton (FOB, China), reducing by -6.5% against the previous month. Overall, the export price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in March 2022 when the average export price increased by 4.1% against the previous month. As a result, the export price reached the peak level of $2,763 per ton. From April 2022 to September 2022, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Taiwan (Chinese) ($3,643 per ton), while the average price for exports to Djibouti ($1,182 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

China Amino-Resin Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was polyurethanes in primary forms ($2,902 per ton), while the average price for exports of urea resins and thiourea resins in primary forms ($1,097 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: phenolic resins (+1.1%), while the prices for the other products experienced a decline.

China Amino-Resin Exports

In September 2022, overseas shipments of amino-resins, phenolic resins and polyurethanes (in primary forms) decreased by -6.4% to 45K tons, falling for the second consecutive month after three months of growth. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2022 with an increase of 56% m-o-m. Over the period under review, the exports reached the peak figure at 54K tons in July 2022; however, from August 2022 to September 2022, the exports failed to regain momentum.

In value terms, amino-resin exports dropped to $108M (IndexBox estimates) in September 2022. In general, exports showed a slight setback. The growth pace was the most rapid in March 2022 with an increase of 63% against the previous month. As a result, the exports reached the peak of $143M. From April 2022 to September 2022, the growth of the exports failed to regain momentum.

China Amino-Resin Exports by Type

Amino resins (89K tons) was the largest type of amino-resin exported from China, accounting for a 66% share of total exports. Moreover, amino resins exceeded the volume of the second product type, polyurethanes in primary forms (27K tons), threefold. The third position in this ranking was held by phenolic resins in primary forms (8.8K tons), with a 6.6% share.

From January 2022 to September 2022, the average monthly growth rate of the volume of export of amino resins was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: polyurethanes in primary forms (-0.3% per month) and phenolic resins in primary forms (-2.3% per month).

In value terms, amino resins ($188M) remains the largest type of amino-resin exported from China, comprising 64% of total exports. The second position in the ranking was taken by polyurethanes in primary forms ($78M), with a 26% share of total exports. It was followed by phenolic resins in primary forms, with a 5.9% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of amino resins was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: polyurethanes in primary forms (-1.9% per month) and phenolic resins in primary forms (-1.2% per month).

China Amino-Resin Exports by Country

India (6.3K tons), Vietnam (5.5K tons) and Bangladesh (3.4K tons) were the main destinations of amino-resin exports from China, with a combined 34% share of total exports. South Korea, Indonesia, Thailand, Brazil, Russia, Taiwan (Chinese), the United Arab Emirates, Djibouti, Egypt and Japan lagged somewhat behind, together comprising a further 41%.

From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Djibouti (with a CAGR of +17.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for amino-resin exported from China were Vietnam ($17M), India ($14M) and South Korea ($7.6M), with a combined 36% share of total exports. These countries were followed by Indonesia, Taiwan (Chinese), Thailand, Bangladesh, Russia, Brazil, the United Arab Emirates, Japan, Egypt and Djibouti, which together accounted for a further 39%.

Djibouti, with a CAGR of +19.7%, saw the highest rates of growth with regard to 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.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the amino-resin 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 20165550 - Urea resins and thiourea resins, in primary forms
  • Prodcom 20165570 - Melamine resins, in primary forms
  • Prodcom 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)
  • Prodcom 20165650 - Phenolic resins, in primary forms
  • Prodcom 20165670 - Polyurethanes, 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:

  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 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024
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In February 2023, the amino resin price amounted to $1,660 per ton (FOB, China), dropping by -5.8% against the previous month.

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In September 2022, the amino resin price amounted to $2,108 per ton (FOB, China), dropping by -7.2% against the previous month.

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In value terms, polyurethanes imports reduced to $59M in April 2023.

China's June 2023 Imports of Phenolic Resins Surges by 8% to $26M
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Imports of Phenolic Resins surged to $26M in June 2023 in terms of value.

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The global amino resin market revenue amounted to $68.1B in 2018, rising by 6.6% against the previous year. This...

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In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>

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In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>

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Germany dominates in the global trade of amino-resins, phenolic resins and polyurethanes. In 2014, Germany exported X million tons of amino-resins, phenolic resins and polyurethanes totaling X billion USD, X% over the previous year. Its primar

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Global polyurethane trade reached $7.8B in 2021, returning to the pre-pandemic level. China, Germany and Vietnam comprise 22% of total purchases. The average polyurethane import price soared 9.2% to $3,864 per ton in 2021. 

Free Data: Amino-Resin - China