China: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in China

The Chinese organo-inorganic compounds market fell remarkably to $X in 2021, which is down by -47.8% against the previous year. Overall, consumption showed a slight shrinkage. Organo-inorganic compounds consumption peaked at $X in 2020, and then shrank dramatically in the following year.

Organo-Inorganic Compounds Production in China

In value terms, organo-inorganic compounds production contracted slightly to $X in 2021 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.7% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 36%. Organo-inorganic compounds production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Organo-Inorganic Compounds Exports

Exports from China

Organo-inorganic compounds exports from China soared to X tons in 2021, rising by 17% on 2020. In general, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +24.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 63% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, organo-inorganic compounds exports skyrocketed to $X in 2021. Overall, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Brazil (X tons) and Argentina (X tons) were the main destinations of organo-inorganic compounds exports from China, with a combined 38% share of total exports. These countries were followed by India, the Netherlands, Russia, Indonesia, Australia, South Korea, Japan, Germany, Malaysia and Turkey, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +17.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and Argentina ($X) were the largest markets for organo-inorganic compounds exported from China worldwide, with a combined 42% share of total exports. These countries were followed by India, Indonesia, South Korea, Australia, the Netherlands, Russia, Japan, Germany, Malaysia and Turkey, which together accounted for a further 35%.

In terms of the main countries of destination, Russia, with a CAGR of +29.1%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average organo-inorganic compounds export price amounted to $X per ton, rising by 73% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached 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 Malaysia ($X per ton), while the average price for exports to Turkey ($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 Russia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Inorganic Compounds Imports

Imports into China

In 2021, the amount of organo-inorganic compounds (excluding organo-sulphur compounds) imported into China soared to X tons, growing by 27% on the previous year's figure. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 60%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, organo-inorganic compounds imports skyrocketed to $X in 2021. Over the period under review, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Thailand (X tons), Germany (X tons) and Japan (X tons) were the main suppliers of organo-inorganic compounds imports to China, with a combined 54% share of total imports. The United States, the Netherlands, South Korea, Italy, India, Switzerland, the UK and Canada lagged somewhat behind, together comprising a further 38%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +76.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the United States ($X) and Japan ($X) constituted the largest organo-inorganic compounds suppliers to China, with a combined 64% share of total imports. Germany, Thailand, Switzerland, the Netherlands, Italy, India, the UK and Canada lagged somewhat behind, together comprising a further 24%.

In terms of the main suppliers, Switzerland, with a CAGR of +60.2%, saw 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 organo-inorganic compounds import price amounted to $X per ton, with an increase of 14% against the previous year. In general, the import price showed prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 155%. The import price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :