China - Acetic Anhydride - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetic Anhydride Price in China - 2023
Contents:
- Acetic Anhydride Price in China (FOB) - 2023
- Acetic Anhydride Price in China (CIF) - 2022
- Acetic Anhydride Exports in China
- Acetic Anhydride Imports in China
Acetic Anhydride Price in China (FOB) - 2023
The average acetic anhydride export price stood at $1,060 per ton in June 2023, reducing by -28.4% against the previous month. In general, the export price showed a mild descent. The most prominent rate of growth was recorded in May 2023 an increase of 68% m-o-m. As a result, the export price attained the peak level of $1,480 per ton, and then contracted significantly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($2,140 per ton), while the average price for exports to South Korea ($792 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 Belgium (+9.4%), while the prices for the other major destinations experienced a decline.
Acetic Anhydride Price in China (CIF) - 2022
In 2022, the average acetic anhydride import price amounted to $558 per ton, remaining stable against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $749 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +5.5% per year.
Acetic Anhydride Exports in China
In 2022, acetic anhydride exports from China fell dramatically to 13K tons, with a decrease of -21.4% on the previous year. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year.
In value terms, acetic anhydride exports fell markedly to $16M in 2022. In general, exports, however, showed a pronounced increase. The growth pace was the most rapid in 2021 with an increase of 123% against the previous year. As a result, the exports reached the peak of $20M, and then reduced dramatically in the following year.
Export of Acetic Anhydride in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 7.1 | 4.7 | 13.9 | 10.9 | 15.4% |
Japan | 4.7 | 3.7 | 3.9 | 2.3 | -21.2% |
Belgium | 2.3 | N/A | 1.1 | 1.5 | -13.3% |
Others | 0.5 | 0.6 | 1.5 | 1.1 | 30.1% |
Total | 14.7 | 9.1 | 20.3 | 15.8 | 2.4% |
Top Export Markets for Acetic Anhydride from China in 2022:
- South Korea (8.5K tons)
- Belgium (2.0K tons)
- Japan (1.8K tons)
Acetic Anhydride Imports in China
Acetic anhydride imports into China soared to 2K tons in 2022, with an increase of 103% compared with the previous year. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 193%. As a result, imports reached the peak of 3.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, acetic anhydride imports soared to $1.1M in 2022. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 156% against the previous year. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Acetic Anhydride in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.7 | 1.7 | 0.5 | 1.1 | 16.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.7 | 1.7 | 0.6 | 1.1 | 16.3% |
Top Suppliers of Acetic Anhydride to China in 2022:
- United States (2.0K tons)
This report provides an in-depth analysis of the acetic anhydride 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 20143277 - Acetic anhydride
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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Acetic Anhydride exports increased to $1.7M in February 2023.
In value terms, saturated acyclic monocarboxylic acids exports surged to $271M in March 2023
In Feb 2023, the cost of acetic acid salts decreased to $1,285/ton (FOB, China), representing a -2.6% decrease compared to the previous month.
In September 2022, the ethyl acetate price stood at $885 per ton (FOB, China), reducing by -8.8% against the previous month.
Exports of Acetic Acid declined significantly to $21M in June 2023 in terms of value.
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