China - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEpoxide Resin Price in China - 2023
Contents:
- Epoxide Resin Price in China (CIF) - 2023
- Epoxide Resin Price in China (FOB) - 2023
- Epoxide Resin Imports in China
- Epoxide Resin Exports in China
Epoxide Resin Price in China (CIF) - 2023
The average epoxide resin import price stood at $4,255 per ton in June 2023, waning by -4% against the previous month. Overall, the import price recorded a mild decrease. The pace of growth was the most pronounced in August 2022 an increase of 13% against the previous month. As a result, import price reached the peak level of $5,707 per ton. From September 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($27,770 per ton), while the price for Thailand ($2,414 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Epoxide Resin Price in China (FOB) - 2023
In June 2023, the average epoxide resin export price amounted to $2,279 per ton, which is down by -6.8% against the previous month. In general, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in July 2022 an increase of 6.9% m-o-m. As a result, the export price reached the peak level of $4,149 per ton. From August 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($2,929 per ton), while the average price for exports to the Netherlands ($1,806 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-2.8%), while the prices for the other major destinations experienced a decline.
Epoxide Resin Imports in China
In 2022, supplies from abroad of epoxide resins decreased by -29.8% to 221K tons, falling for the second year in a row after two years of growth. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports reached the peak of 403K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, epoxide resin imports reduced rapidly to $1.1B in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 26% against the previous year.
Import of Epoxide Resin in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 202 | 281 | 317 | 188 | -2.4% |
United States | 95.1 | 134 | 152 | 162 | 19.4% |
Japan | 132 | 133 | 164 | 153 | 5.0% |
Germany | 94.3 | 116 | 114 | 76.2 | -6.9% |
Italy | 19.5 | 24.6 | 31.8 | 35.1 | 21.6% |
Israel | 16.8 | 20.4 | 26.2 | 27.8 | 18.3% |
Thailand | 27.2 | 53.6 | 47.1 | 14.7 | -18.5% |
Netherlands | 18.0 | 27.8 | 8.0 | 5.0 | -34.8% |
Taiwan (Chinese) | 345 | N/A | N/A | N/A | 0% |
Others | 35.1 | 455 | 596 | 462 | 136.1% |
Total | 986 | 1,246 | 1,456 | 1,123 | 4.4% |
Top Suppliers of Epoxide Resin to China in 2022:
- South Korea (42.4K tons)
- United States (30.7K tons)
- Japan (16.2K tons)
- Germany (14.8K tons)
- Italy (7.7K tons)
- Israel (3.8K tons)
- Thailand (3.5K tons)
- Netherlands (1.2K tons)
Epoxide Resin Exports in China
In 2022, approx. 125K tons of epoxide resins were exported from China; increasing by 24% on the previous year's figure. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 115%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, epoxide resin exports expanded to $454M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 231% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Epoxide Resin in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 10.3 | 5.8 | 41.6 | 59.0 | 78.9% |
Thailand | 23.1 | 28.3 | 49.5 | 40.5 | 20.6% |
Italy | 0.1 | 0.5 | 27.2 | 33.5 | 594.5% |
Israel | 9.3 | 13.5 | 16.2 | 31.0 | 49.4% |
Brazil | 3.5 | 1.8 | 18.3 | 26.1 | 95.4% |
South Korea | 7.1 | 7.4 | 29.3 | 23.8 | 49.7% |
Vietnam | 15.4 | 14.5 | 25.3 | 21.4 | 11.6% |
Turkey | 1.6 | 2.5 | 15.2 | 20.3 | 133.2% |
Netherlands | 1.0 | N/A | 20.6 | 18.7 | 165.4% |
United States | 2.5 | 2.3 | 21.4 | 17.3 | 90.6% |
United Arab Emirates | 0.7 | 2.8 | 25.4 | 14.1 | 172.1% |
Germany | 0.3 | 0.6 | 18.3 | 14.0 | 260.0% |
India | 4.0 | 4.2 | 7.9 | 10.2 | 36.6% |
Others | 60.4 | 46.5 | 117 | 124 | 27.1% |
Total | 139 | 131 | 433 | 454 | 48.4% |
Top Export Markets for Epoxide Resin from China in 2022:
- Russia (18.6K tons)
- Italy (10.4K tons)
- Thailand (9.8K tons)
- Brazil (8.0K tons)
- Turkey (6.6K tons)
- Vietnam (6.2K tons)
- Netherlands (5.7K tons)
- United States (5.4K tons)
- South Korea (5.4K tons)
- United Arab Emirates (4.5K tons)
- Germany (4.0K tons)
- Israel (3.5K tons)
- India (3.2K tons)
This report provides an in-depth analysis of the epoxide resin market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20164030 - Epoxide resins, in primary forms
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This article provides a detailed analysis of China's imports of epoxide resins in primary forms. The article covers the volume and value of imports for 2022, along with growth rates and trends. It also looks at the main countries supplying epoxide resins to China and their import prices. The data is presented in easy-to-read charts and graphs, making it a valuable resource for anyone interested in the Chinese epoxide resin market.
In 2020, imports of epoxide resins in primary forms into China jumped by +40% y-o-y to 405K tons, reaching $1.3B in value terms. Taiwan, South Korea and the U.S. remain the key epoxy resin suppliers to China, with a combined 76%-share of the total imports. Thailand, the Netherlands, South Korea, the U.S.,Taiwan and Germany saw the highest spikes in exports to China. The average epoxy resin import price in China dropped by -10% y-o-y last year.
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