China: Aromatic Hydrocarbon Mixtures Market 2025

Aromatic Hydrocarbon Mixtures Market Size in China

The Chinese aromatic hydrocarbon mixtures market surged to $X in 2022, with an increase of 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a perceptible reduction. Aromatic hydrocarbon mixtures consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Aromatic Hydrocarbon Mixtures Exports

Exports from China

In 2022, exports of naphthalene and other aromatic hydrocarbon mixtures from China soared to X tons, jumping by 55% compared with the previous year's figure. In general, exports continue to indicate strong growth. The growth pace was the most rapid in 2019 with an increase of 836%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, aromatic hydrocarbon mixtures exports skyrocketed to $X in 2022. Over the period under review, exports posted measured growth. The pace of growth was the most pronounced in 2021 when exports increased by 628%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Malaysia (X tons), Singapore (X tons) and Egypt (X tons) were the main destinations of aromatic hydrocarbon mixtures exports from China, with a combined 77% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +573.2%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Singapore ($X) and Egypt ($X) appeared to be the largest markets for aromatic hydrocarbon mixtures exported from China worldwide, with a combined 72% share of total exports.

Egypt, with a CAGR of +500.7%, 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 aromatic hydrocarbon mixtures export price stood at $X per ton in 2022, growing by 11% against the previous year. Overall, the export price, however, showed a slight reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 48%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Malaysia ($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 Malaysia (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Aromatic Hydrocarbon Mixtures Imports

Imports into China

Aromatic hydrocarbon mixtures imports into China skyrocketed to X tons in 2022, jumping by 17% on the previous year. In general, imports enjoyed modest growth. The pace of growth appeared the most rapid in 2020 when imports increased by 103%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, aromatic hydrocarbon mixtures imports soared to $X in 2022. Over the period under review, imports, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2016 when imports increased by 58%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

South Korea (X tons), Oman (X tons) and Singapore (X tons) were the main suppliers of aromatic hydrocarbon mixtures imports to China, with a combined 81% 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 Oman (with a CAGR of +148.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of naphthalene and other aromatic hydrocarbon mixtures to China, comprising 43% of total imports. The second position in the ranking was taken by Oman ($X), with a 20% share of total imports. It was followed by Singapore, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Korea stood at +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (+213.7% per year) and Singapore (+5.2% per year).

Import Prices by Country

In 2022, the average aromatic hydrocarbon mixtures import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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