Epoxides market
Epoxides market: get recently published data secured by an Ai-driven market intelligence platform. Information include consumption, production, companies, market size, trade, exports, imports, and market prices. Here is a split by region, including China, the U.S., the Middle East, Latin America, EU, Russia, the U.K., and Africa. Market insights and forecast to 2030 are also featured in the reports.
Epoxides - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Mexico |
| 3 | Russia |
| 4 | India |
| 5 | Brazil |
In value terms, China led the market, alone. The second position in the ranking was occupied by Mexico. It was followed by Russia.
In China, the market of epoxides, epoxyalcohols, -phenols, epoxyethers, with a 3- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) declined by an average annual rate of -5.3% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Mexico (+13.6% per year) and Russia (+2.2% per year).
Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring And Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide) Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Thailand | 1828 | 1766 | 1456 | -10.8% |
| Netherlands | 1978 | 2210 | 1672 | -8.1% |
| South Korea | 1914 | 1731 | 1724 | -5.1% |
| Germany | 1863 | 1776 | 1810 | -1.4% |
| Japan | 2463 | 2378 | 1930 | -11.5% |
| United States | 1845 | 1839 | 2047 | 5.3% |
| China | 6131 | 6568 | 4582 | -13.6% |
| Average | 2216 | 2193 | 2138 | -1.8% |
Prices varied noticeably by the country of origin; the country with the highest price was China ($4,582 per ton), while Thailand ($1,456 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Germany | 3158 | 2619 | 3219 | 1.0% |
| United States | 2718 | 2660 | 3019 | 5.4% |
| China | 2740 | 2606 | 2842 | 1.8% |
| Japan | 2517 | 2731 | 2552 | 0.7% |
| Italy | 2337 | 2220 | 2300 | -0.8% |
| France | 2187 | 2185 | 2244 | 1.3% |
| Spain | 2277 | 2218 | 2067 | -4.7% |
| Switzerland | 1813 | 1801 | 1962 | 4.0% |
| Brazil | 2342 | 2347 | 1929 | -9.2% |
| India | 2179 | 1908 | 1820 | -8.6% |
| Netherlands | 1746 | 1622 | 1681 | -1.9% |
| Taiwan (Chinese) | 2033 | 1835 | 1601 | -11.3% |
| South Korea | 1876 | 1633 | 1507 | -10.4% |
| Average | 2260 | 2113 | 2193 | -1.5% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($3,219 per ton), while South Korea ($1,507 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring and Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide) - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 0.2 | 0.2 | 0.2 | 9.2% |
| South Korea | 0.1 | 0.1 | 0.1 | 0.3% |
| India | 0.1 | 0.1 | 0.1 | -18.2% |
| Netherlands | 0.09 | 0.09 | 0.09 | 0.1% |
| China | 0.08 | 0.07 | 0.06 | -10.7% |
In value terms, the largest epoxides, epoxyalcohols, -phenols, epoxyethers, with a 3- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) importing markets worldwide were the United States ($206M), South Korea ($146M) and India ($97M), with a combined 45% share of global imports.
The United States saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring and Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide) - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 104 | 92 | 170 | 27.8% |
| Japan | 140 | 149 | 169 | 9.8% |
| Germany | 163 | 144 | 145 | -5.5% |
| Thailand | 155 | 160 | 127 | -9.3% |
| Netherlands | 69 | 61 | 76 | 5.2% |
In value terms, China ($170M), Japan ($169M) and Germany ($146M) were the countries with the highest levels of exports in 2020, together comprising 50% of global exports.
Among the main exporting countries, China saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Epoxides, Epoxyalcohols, -Phenols, Epoxyethers, With A 3- Membered Ring and Their Halogenated, Sulphonated, Nitrated/Nitrosated Derivatives Excluding Oxirane, Methyloxirane (Propylene Oxide) - Market Forecast
Driven by rising demand for epoxides, epoxyalcohols, -phenols, epoxyethers, with a 3- membered ring and their halogenated, sulphonated, nitrated/nitrosated derivatives excluding oxirane, methyloxirane (propylene oxide) worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Epoxides - Product Coverage
- HS 291030 - Epoxides, epoxyalcohols, epoxyphenols and epoxyethers; with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, 1-chloro-2,3-epoxypropane (epichlorohydrin)
- HS 291040 - Epoxides, epoxyalcohols, epoxyphenols and epoxyethers; with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, dieldrin (ISO, INN)
- HS 291090 - Epoxides, epoxyalcohols, epoxyphenols and epoxyethers; with a three-membered ring and their halogenated, sulphonated, nitrated or nitrosated derivatives, n.e.s. in heading no. 2910
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