China: Market for Organic Surface Active Agents 2024

Market Size for Organic Surface Active Agents in China

The Chinese organic surface active agent market contracted slightly to $X in 2021, which is down by -2.4% against the previous year. Overall, consumption recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 2.6%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Organic Surface Active Agents in China

In value terms, organic surface active agent production dropped modestly to $X in 2021 estimated in export price. Overall, production, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2016 with an increase of 2.5% against the previous year. Organic surface active agent production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Organic Surface Active Agents

Exports from China

Organic surface active agent exports from China skyrocketed to X tons in 2021, picking up by 20% compared with the previous year. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 41% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, organic surface active agent exports surged to $X in 2021. Overall, exports enjoyed strong growth. The growth pace was the most rapid in 2013 with an increase of 41%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Indonesia (X tons), Vietnam (X tons) and Japan (X tons) were the main destinations of organic surface active agent exports from China, together comprising 19% of total exports. These countries were followed by Pakistan, Russia, the Philippines, Bangladesh, India, Thailand, South Korea, Mexico, Australia and the United States, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +32.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for organic surface active agent exported from China were Vietnam ($X), Japan ($X) and Indonesia ($X), together accounting for 19% of total exports. These countries were followed by South Korea, Pakistan, India, Thailand, Bangladesh, Russia, the Philippines, the United States, Mexico and Australia, which together accounted for a further 36%.

In terms of the main countries of destination, Mexico, with a CAGR of +30.3%, recorded 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.

Export Prices by Country

In 2021, the average organic surface active agent export price amounted to $X per ton, rising by 13% against the previous year. Over the period under review, the export price, however, recorded a mild curtailment. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface Active Agents

Imports into China

In 2021, imports of organic surface active agents into China rose sharply to X tons, increasing by 9.6% compared with 2020 figures. The total import volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by 21% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, organic surface active agent imports surged to $X in 2021. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Malaysia (X tons), Singapore (X tons) and Germany (X tons) were the main suppliers of organic surface active agent imports to China, together comprising 45% of total imports. The United States, Japan, South Korea, Taiwan (Chinese), Indonesia and Thailand lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +15.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Germany ($X) appeared to be the largest organic surface active agent suppliers to China, together comprising 45% of total imports. These countries were followed by Singapore, Malaysia, South Korea, Taiwan (Chinese), Thailand and Indonesia, which together accounted for a further 39%.

In terms of the main suppliers, South Korea, with a CAGR of +12.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average organic surface active agent import price amounted to $X per ton, picking up by 20% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, 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 ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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