China - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilicone Prices in China
China Silicone Export Price in September 2022
In September 2022, the silicone price stood at $4,018 per ton, therefore (FOB, China), remained relatively stable against the previous month. In general, the export price saw a noticeable downturn. The most prominent rate of growth was recorded in March 2022 when the average export price increased by 3.5% m-o-m. Over the period under review, the average export prices attained the peak figure at $5,244 per ton in January 2022; however, from February 2022 to September 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($6,665 per ton), while the average price for exports to South Korea ($2,950 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 Thailand (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
China Silicone Exports
In September 2022, shipments abroad of silicones (in primary forms) decreased by -8.7% to 31K tons, falling for the third month in a row after two months of growth. Overall, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in March 2022 when exports increased by 33% against the previous month. The exports peaked at 49K tons in June 2022; however, from July 2022 to September 2022, the exports failed to regain momentum.
In value terms, silicone exports contracted to $125M (IndexBox estimates) in September 2022. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in March 2022 with an increase of 38% against the previous month. The exports peaked at 247K tons in January 2022; however, from February 2022 to September 2022, the exports stood at a somewhat lower figure.
China Silicone Exports by Country
South Korea (7K tons) was the main destination for silicone exports from China, with a 23% share of total exports. Moreover, silicone exports to South Korea exceeded the volume sent to the second major destination, India (3.2K tons), twofold. Russia (1.9K tons) ranked third in terms of total exports with a 6% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume to South Korea totaled -1.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: India (-1.9% per month) and Russia (+10.0% per month).
In value terms, South Korea ($21M), India ($11M) and Russia ($8M) were the largest markets for silicone exported from China worldwide, together comprising 32% of total exports.
In terms of the main countries of destination, Russia, with a CAGR of +5.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
This report provides an in-depth analysis of the silicone 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 20165700 - Silicones, 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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
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This report provides an in-depth analysis of the silicone market in China.
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This report provides an in-depth analysis of the global silicone market.
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This report provides an in-depth analysis of the silicone market in China.
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This report provides an in-depth analysis of the global silicone market.
347
Silicone exports reached a peak of 454K tons in 2022 before declining the next year. The value of silicone exports also saw a significant drop to $1.2B in 2023.
840
In June 2023, the price of Silicone remained unchanged at $3,215 per ton (FOB, China), maintaining the previous month's level.
173
Learn about the expected growth and trends in the global silicone market, driven by increasing demand for primary forms. The market is projected to reach 5.2M tons by 2030 with a value of $37.8B.
271
Discover the top countries driving the global import market for silicone. From China to the United States, learn about the key players in the silicone industry.
1741
Global silicone imports amounted to X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tren...
2073
Global silicone imports amounted to X tons in 2016, jumping by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tren...
347
Silicone exports reached a peak of 454K tons in 2022 before declining the next year. The value of silicone exports also saw a significant drop to $1.2B in 2023.
840
In June 2023, the price of Silicone remained unchanged at $3,215 per ton (FOB, China), maintaining the previous month's level.
173
Learn about the expected growth and trends in the global silicone market, driven by increasing demand for primary forms. The market is projected to reach 5.2M tons by 2030 with a value of $37.8B.
271
Discover the top countries driving the global import market for silicone. From China to the United States, learn about the key players in the silicone industry.
