China - Unsaturated Monohydric Alcohols - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnsaturated Monohydric Alcohols Price in China - 2023
Contents:
- Unsaturated Monohydric Alcohols Price in China (CIF) - 2022
- Unsaturated Monohydric Alcohols Price in China (FOB) - 2022
- Unsaturated Monohydric Alcohols Imports in China
- Unsaturated Monohydric Alcohols Exports in China
Unsaturated Monohydric Alcohols Price in China (CIF) - 2022
The average unsaturated monohydric alcohols import price stood at $568 per ton in 2022, which is down by -17.5% against the previous year. In general, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 13% against the previous year. The import price peaked at $5,159 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,430 per ton), while the price for Singapore amounted to $447 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.9%).
Unsaturated Monohydric Alcohols Price in China (FOB) - 2022
The average unsaturated monohydric alcohols export price stood at $10,910 per ton in 2022, increasing by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2018 an increase of 46% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($60,405 per ton), while the average price for exports to South Korea ($4,185 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 the United States (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.
Unsaturated Monohydric Alcohols Imports in China
For the fourth consecutive year, China recorded growth in overseas purchases of unsaturated monohydric alcohols, which increased by 22% to 551K tons in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 125% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, unsaturated monohydric alcohols imports amounted to $313M in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 73%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
Import of Unsaturated Monohydric Alcohols in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 107 | 120 | 236 | 240 | 30.9% |
Japan | 39.9 | 33.0 | 39.8 | 35.1 | -4.2% |
Others | 28.1 | 25.9 | 34.4 | 37.7 | 10.3% |
Total | 175 | 179 | 310 | 313 | 21.4% |
Top Suppliers of Unsaturated Monohydric Alcohols to China in 2022:
- Singapore (537.1K tons)
- Japan (10.2K tons)
Unsaturated Monohydric Alcohols Exports in China
In 2022, unsaturated monohydric alcohols exports from China expanded markedly to 21K tons, picking up by 9.2% against 2021 figures. The total export volume increased at an average annual rate of +14.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, unsaturated monohydric alcohols exports surged to $224M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Unsaturated Monohydric Alcohols in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.4 | 14.1 | 18.7 | 31.5 | 49.6% |
India | 18.1 | 16.9 | 20.9 | 29.5 | 17.7% |
South Korea | 15.8 | 15.8 | 22.2 | 28.3 | 21.4% |
Germany | 10.0 | 9.3 | 11.2 | 18.1 | 21.9% |
Singapore | 14.7 | 15.7 | 12.6 | 17.6 | 6.2% |
Spain | 7.8 | 10.7 | 8.6 | 14.8 | 23.8% |
Indonesia | 7.4 | 8.5 | 9.0 | 13.4 | 21.9% |
Netherlands | 6.0 | 9.1 | 6.0 | 11.2 | 23.1% |
Japan | 5.9 | 7.3 | 7.0 | 8.5 | 12.9% |
Russia | 1.7 | 1.9 | 4.1 | 6.2 | 53.9% |
Mexico | 3.1 | 1.6 | 3.5 | 5.6 | 21.8% |
Others | 21.9 | 32.7 | 26.0 | 39.4 | 21.6% |
Total | 122 | 144 | 150 | 224 | 22.5% |
Top Export Markets for Unsaturated Monohydric Alcohols from China in 2022:
- South Korea (6.8K tons)
- India (3.2K tons)
- Singapore (1.7K tons)
- Indonesia (1.5K tons)
- Russia (1.3K tons)
- Spain (0.9K tons)
- Germany (0.7K tons)
- Netherlands (0.6K tons)
- Mexico (0.6K tons)
- Japan (0.6K tons)
- United States (0.5K tons)
This report provides an in-depth analysis of the unsaturated monohydric alcohols 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 20142270 - Unsaturated monohydric alcohols
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 unsaturated monohydric alcohols market in China.
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Methanol imports reached a peak in 2023 and are expected to keep growing in the near future. The total value of methanol imports in 2023 was $4.2B.
In September 2022, the methanol price amounted to $303 per ton (CIF, China), almost unchanged from the previous month.
In February 2023, the price of propylene glycol held relatively steady at $1,165 per ton, on an FOB basis in China, unchanged from the previous month.
In September 2022, the propylene glycol price amounted to $1,416 per ton (FOB, China), with a decrease of -4.9% against the previous month.
In January 2023, there was a significant growth spurt with imports of Octyl Alcohol rising by 183% month-on-month. By June 2023, the value of Octyl Alcohol imports reached $32M.
Sorbitol exports reached their peak in 2023 and are projected to continue growing in the coming years. The value of sorbitol exports surged to $162M in 2023.
Exports of Sorbitol decreased slightly to $15M in June 2023.
Explore the world's best import markets for butanol, including China, Belgium, Germany, and more. Gain insights into key statistics and market trends. Read now on IndexBox.
The global butanol market is forecast to see a pronounced recovery in 2021. The increased demand for butyl acetate and butyl acrylate, which together comprise over half of the butanol consumption, emerges as a key butanol market driver amid the current construction boom in Asia, the U.S., Russia and Europe. The use of butanol as an alternative fuel may also accelerate the market expansion. The possibility to derive biobutanol from food waste and the emerging technology to obtain butanol from CO2 shape promising investment prospects, following the shift to a circular economy.
In today's global economy, international trade plays a crucial role in the development and growth of countries. One of the key commodities traded across borders is methanol, a versatile chemical compound used in various industries such as automotive, construction, and chemical manufacturing. Understanding the import markets for methanol is crucial for businesses, policymakers, and investors looking to capitalize on the growing demand for this essential substance. According to the latest data from the IndexBox market intelligence platform, here are the world's top import markets for methanol in terms of import value: China, India, Netherlands, South Korea, and Japan. China dominates the global methanol import market with an import value of $4.2 billion USD in 2022. India witnessed a surge in import value, reaching $985.8 million USD in 2022. The Netherlands holds the third position in the global methanol import market with a total import value of $968.1 million USD in 2022. South Korea and Japan also have strong import markets for methanol.