China: Prepared Drier Market 2025

Prepared Drier Market Size in China

The Chinese prepared drier market contracted to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Prepared drier consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Prepared Drier Production in China

In value terms, prepared drier production declined slightly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Prepared Drier Exports

Exports from China

In 2022, approx. X tons of prepared driers were exported from China; growing by X% compared with the previous year. In general, exports enjoyed a strong increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, prepared drier exports soared to $X in 2022. Over the period under review, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Panama (X tons), South Korea (X tons) and Liberia (X tons) were the main destinations of prepared drier exports from China, together accounting for X% of total exports. Marshall Islands, Nigeria, Singapore, Vietnam, Malaysia, Thailand, the UK, Japan, Malta and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Panama ($X), Liberia ($X) and Nigeria ($X) constituted the largest markets for prepared drier exported from China worldwide, with a combined X% share of total exports.

Nigeria, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average prepared drier export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to South Korea ($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 Nigeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Drier Imports

Imports into China

In 2022, approx. X tons of prepared driers were imported into China; falling by X% compared with the previous year. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, prepared drier imports declined dramatically to $X in 2022. Overall, imports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of prepared drier to China, accounting for a X% share of total imports. Moreover, prepared drier imports from South Korea exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Japan (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Japan (X% per year).

In value terms, the largest prepared drier suppliers to China were South Korea ($X), Japan ($X) and Germany ($X), with a combined X% share of total imports. The United States, France, the UK, Malaysia, Thailand, Italy, the Netherlands and Singapore lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Malaysia, with a CAGR of X%, 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 2022, the average prepared drier import price amounted to $X per ton, stabilizing at the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared drier import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 the United States ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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