China - Prepared Glues And Other Prepared Adhesives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Prepared Glues and Other Prepared Adhesives in China - 2023
Contents:
- Price for Prepared Glues and Other Prepared Adhesives in China (FOB) - 2023
- Price for Prepared Glues and Other Prepared Adhesives in China (CIF) - 2022
- Exports of Prepared Glues and Other Prepared Adhesives in China
- Imports of Prepared Glues and Other Prepared Adhesives in China
Price for Prepared Glues and Other Prepared Adhesives in China (FOB) - 2023
In November 2023, the average export price for prepared glues and other prepared adhesives amounted to $2,770 per ton, increasing by 5.3% against the previous month. Over the period under review, the export price, however, showed a slight setback. Over the period under review, the average export prices attained the maximum at $3,236 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United States ($4,370 per ton), while the average price for exports to Cambodia ($1,734 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-0.4%), while the prices for the other major destinations experienced a decline.
Price for Prepared Glues and Other Prepared Adhesives in China (CIF) - 2022
The average import price for prepared glues and other prepared adhesives stood at $14,908 per ton in 2022, with an increase of 3.9% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for prepared glues and other prepared adhesives increased by +281.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 175% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
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 ($24,349 per ton), while the price for Malaysia ($3,534 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Prepared Glues and Other Prepared Adhesives in China
For the fourth consecutive year, China recorded growth in shipments abroad of prepared glues and other prepared adhesives, which increased by 8.6% to 853K tons in 2022. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 8.7% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of prepared glues and other prepared adhesives rose remarkably to $2.9B in 2022. The total export value increased at an average annual rate of +10.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Prepared Glues and Other Prepared Adhesives in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 261 | 293 | 356 | 419 | 17.1% |
India | 111 | 97.3 | 136 | 168 | 14.8% |
United States | 107 | 105 | 155 | 134 | 7.8% |
Russia | 48.3 | 47.7 | 57.5 | 104 | 29.1% |
Brazil | 63.2 | 55.2 | 62.9 | 101 | 16.9% |
Thailand | 101 | 94.1 | 96.0 | 101 | 0.0% |
Indonesia | 69.4 | 60.1 | 81.1 | 100 | 12.9% |
South Korea | 65.2 | 64.2 | 89.4 | 85.7 | 9.5% |
Philippines | 66.2 | 55.6 | 60.2 | 79.7 | 6.4% |
Mexico | 30.2 | 28.8 | 51.5 | 75.7 | 35.8% |
Turkey | 40.8 | 41.7 | 61.4 | 67.4 | 18.2% |
United Arab Emirates | 17.0 | 31.3 | 39.2 | 46.8 | 40.2% |
Mongolia | 6.8 | 15.0 | 19.7 | 20.1 | 43.5% |
Others | 1,162 | 1,121 | 1,365 | 1,402 | 6.5% |
Total | 2,149 | 2,109 | 2,631 | 2,903 | 10.5% |
Top Export Markets for Prepared Glues and Other Prepared Adhesives from China in 2022:
- Vietnam (123.7K tons)
- India (43.7K tons)
- Russia (33.4K tons)
- Indonesia (31.4K tons)
- Brazil (30.5K tons)
- United States (29.4K tons)
- Thailand (29.4K tons)
- Philippines (27.0K tons)
- Mongolia (25.3K tons)
- South Korea (24.0K tons)
- Mexico (23.0K tons)
- United Arab Emirates (21.8K tons)
- Turkey (20.6K tons)
Imports of Prepared Glues and Other Prepared Adhesives in China
In 2022, imports of prepared glues and other prepared adhesives into China dropped significantly to 168K tons, with a decrease of -15.5% on the year before. Over the period under review, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 7.9%. As a result, imports reached the peak of 198K tons, and then contracted significantly in the following year.
In value terms, imports of prepared glues and other prepared adhesives fell to $2.5B in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of $2.8B, and then declined in the following year.
Import of Prepared Glues and Other Prepared Adhesives in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 799 | 900 | 1,066 | 931 | 5.2% |
South Korea | 435 | 424 | 450 | 378 | -4.6% |
Germany | 225 | 290 | 330 | 331 | 13.7% |
Taiwan (Chinese) | 294 | 274 | 333 | 255 | -4.6% |
United States | 235 | 239 | 266 | 236 | 0.1% |
Italy | 39.8 | 44.0 | 56.1 | 57.5 | 13.0% |
Malaysia | 31.6 | 33.7 | 47.4 | 48.9 | 15.7% |
Others | 209 | 220 | 294 | 261 | 7.7% |
Total | 2,268 | 2,426 | 2,844 | 2,498 | 3.3% |
Top Suppliers of Prepared Glues and Other Prepared Adhesives to China in 2022:
- Japan (45.6K tons)
- South Korea (25.8K tons)
- Taiwan (Chinese) (21.8K tons)
- Germany (21.2K tons)
- Malaysia (13.8K tons)
- United States (9.7K tons)
- Italy (7.5K tons)
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives 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 20521080 - Prepared glues and other prepared adhesives, n.e.c.
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
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in China.
This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in China.
This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.