China - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpansible Polystyrene Prices in China
China Expansible Polystyrene Export Price in September 2022
In September 2022, the expansible polystyrene price amounted to $1,511 per ton (FOB, China), reducing by -9.2% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 when the average export price increased by 8.5% month-to-month. Over the period under review, the average export prices reached the maximum at $1,755 per ton in June 2022; however, from July 2022 to September 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In September 2022, the highest price was recorded for prices to Egypt ($1,589 per ton) and Australia ($1,578 per ton), while the average price for exports to Malaysia ($1,408 per ton) and Indonesia ($1,417 per ton) were amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
China Expansible Polystyrene Exports
In September 2022, shipments abroad of expansible polystyrene in primary forms decreased by -19.9% to 17K tons, falling for the second consecutive month after three months of growth. In general, exports recorded a noticeable shrinkage. The pace of growth was the most pronounced in March 2022 with an increase of 85% against the previous month. Over the period under review, the exports reached the peak figure at 31K tons in July 2022; however, from August 2022 to September 2022, the exports failed to regain momentum.
In value terms, expansible polystyrene exports fell significantly to $26M (IndexBox estimates) in September 2022. Overall, exports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in March 2022 when exports increased by 97% m-o-m. The exports peaked at 53K tons in July 2022; however, from August 2022 to September 2022, the exports remained at a lower figure.
China Expansible Polystyrene Exports by Country
South Korea (1.6K tons), Vietnam (1.6K tons) and Chile (1.4K tons) were the main destinations of expansible polystyrene exports from China, together comprising 27% of total exports. These countries were followed by Thailand, Brazil, Saudi Arabia, Australia, South Africa, Indonesia, Morocco, Malaysia, Egypt and Canada, which together accounted for a further 40%.
From January 2022 to September 2022, the biggest increases were in Brazil (with a CAGR of +18.2%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for expansible polystyrene exported from China were South Korea ($2.4M), Vietnam ($2.2M) and Chile ($2.1M), together accounting for 26% of total exports. These countries were followed by Thailand, Brazil, Saudi Arabia, Australia, South Africa, Indonesia, Morocco, Malaysia, Egypt and Canada, which together accounted for a further 40%.
Among the main countries of destination, Brazil, with a CAGR of +17.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the expansible polystyrene 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 20162035 - Expansible polystyrene, 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
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In February 2023, the price of expandable polystyrene was $1,314 per ton (FOB, China), an increase of 3.9% compared to the previous month.
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Polystyrene imports reached a peak of 1.4 million tons in 2020 but decreased in the following years, with imports amounting to a lower figure. In terms of value, polystyrene imports saw a significant drop to $707 million in 2023.
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