China: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in China

For the fifth year in a row, the Chinese hypochlorites, chlorites and hypobromites market recorded growth in sales value, which increased by 0.3% to $X in 2022. The market value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in China

In value terms, hypochlorites, chlorites and hypobromites production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by 60% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from China

Hypochlorites, chlorites and hypobromites exports from China declined slightly to X tons in 2022, remaining stable against the year before. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 19%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hypochlorites, chlorites and hypobromites exports surged to $X in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil (X tons), India (X tons) and Russia (X tons) were the main destinations of hypochlorites, chlorites and hypobromites exports from China, with a combined 24% share of total exports. Thailand, the Philippines, Vietnam, Italy, Indonesia, Australia, Canada, Malaysia, South Korea and the United Arab Emirates lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +23.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hypochlorites, chlorites and hypobromites exported from China were Brazil ($X), Russia ($X) and Thailand ($X), together comprising 29% of total exports. The Philippines, India, Vietnam, Australia, Indonesia, Italy, Canada, Malaysia, South Korea and the United Arab Emirates lagged somewhat behind, together accounting for a further 38%.

Italy, with a CAGR of +18.8%, saw 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

The average hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2022, increasing by 45% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hypochlorites, chlorites and hypobromites export price increased by +60.7% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into China

In 2022, supplies from abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites increased by 1.7% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, showed a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of 20%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, hypochlorites, chlorites and hypobromites imports stood at $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.1% against 2019 indices. The growth pace was the most rapid in 2018 when imports increased by 40% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Japan (X tons) and Belgium (X tons) were the main suppliers of hypochlorites, chlorites and hypobromites imports to China, with a combined 97% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +51.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to China, comprising 86% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports. It was followed by Belgium, with a 1.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+25.1% per year) and Belgium (+40.6% per year).

Import Prices by Country

The average hypochlorites, chlorites and hypobromites import price stood at $X per ton in 2022, leveling off at the previous year. Overall, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 57% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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