China - Acrylonitrile - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcrylonitrile Price in China - 2023
Contents:
- Acrylonitrile Price in China (FOB) - 2023
- Acrylonitrile Price in China (CIF) - 2023
- Acrylonitrile Exports in China
- Acrylonitrile Imports in China
Acrylonitrile Price in China (FOB) - 2023
In June 2023, the average acrylonitrile export price amounted to $1,205 per ton, declining by -2.1% against the previous month. Overall, the export price saw a perceptible slump. The pace of growth appeared the most rapid in October 2022 an increase of 15% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,634 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In June 2023, the country with the highest price was South Korea ($1,221 per ton), while the average price for exports to India amounted to $1,160 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-2.6%).
Acrylonitrile Price in China (CIF) - 2023
The average acrylonitrile import price stood at $1,143 per ton in June 2023, with a decrease of -15.8% against the previous month. Overall, the import price recorded a pronounced reduction. The growth pace was the most rapid in December 2022 an increase of 5.9% m-o-m. The import price peaked at $1,808 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($1,350 per ton), while the price for South Korea amounted to $1,005 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Thailand (0.0%), while the prices for the other major suppliers experienced a decline.
Acrylonitrile Exports in China
In 2022, approx. 217K tons of acrylonitrile were exported from China; surging by 3.4% compared with the previous year's figure. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 189% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, acrylonitrile exports contracted remarkably to $337M in 2022. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 463% against the previous year. As a result, the exports reached the peak of $441M, and then contracted rapidly in the following year.
| Export of Acrylonitrile in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 40.2 | 56.7 | 249 | 182 | 65.4% |
| India | 20.2 | 18.4 | 159 | 117 | 79.6% |
| Taiwan (Chinese) | N/A | N/A | 9.6 | 15.9 | 65.6% |
| Turkey | 6.3 | 1.5 | 14.9 | 11.4 | 21.9% |
| Thailand | N/A | 1.6 | 3.3 | 6.0 | 93.6% |
| Others | N/A | 0.1 | 4.9 | 4.0 | 532.5% |
| Total | 66.7 | 78.3 | 441 | 337 | 71.6% |
Top Export Markets for Acrylonitrile from China in 2022:
- South Korea (114.1K tons)
- India (80.2K tons)
- Taiwan (Chinese) (10.1K tons)
- Turkey (6.6K tons)
- Thailand (4.0K tons)
Acrylonitrile Imports in China
For the third consecutive year, China recorded decline in overseas purchases of acrylonitrile, which decreased by -48.9% to 104K tons in 2022. Overall, imports faced a dramatic curtailment. The smallest decline of -5.1% was in 2020.
In value terms, acrylonitrile imports reduced rapidly to $179M in 2022. Over the period under review, imports recorded a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year.
| Import of Acrylonitrile in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 178 | 85.9 | 153 | 66.8 | -27.9% |
| Taiwan (Chinese) | 240 | 132 | 154 | 59.7 | -37.1% |
| Japan | 46.6 | 83.9 | 47.3 | 42.0 | -3.4% |
| Thailand | 7.9 | 3.9 | 16.5 | 7.2 | -3.0% |
| United States | N/A | 22.6 | 43.2 | 3.5 | -60.6% |
| Others | 15.0 | 2.6 | N/A | 0.1 | -81.2% |
| Total | 488 | 331 | 414 | 179 | -28.4% |
Top Suppliers of Acrylonitrile to China in 2022:
- South Korea (38.4K tons)
- Taiwan (Chinese) (36.5K tons)
- Japan (23.2K tons)
- Thailand (4.0K tons)
- United States (2.0K tons)
This report provides an in-depth analysis of the acrylonitrile 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 20144350 - Acrylonitrile
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
-
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
458
This report provides an in-depth analysis of the acrylonitrile market in China.
415
This report provides an in-depth analysis of the dicyandiamide market in China.
1312
This report provides an in-depth analysis of the global acrylonitrile market.
900
This report provides an in-depth analysis of the global dicyandiamide market.
458
This report provides an in-depth analysis of the acrylonitrile market in China.
415
This report provides an in-depth analysis of the dicyandiamide market in China.
1312
This report provides an in-depth analysis of the global acrylonitrile market.
900
This report provides an in-depth analysis of the global dicyandiamide market.
234
China's dicyandiamide exports decreased to 5.1K tons in February 2023, down by 5.6% from January 2023. India remains the main destination for these exports, accounting for 55% of total exports. The export price of dicyandiamide showed a noticeable reduction over the review period, with Norway and France being the countries with the highest prices. From February 2022 to February 2023, France experienced the most notable rate of growth in prices of dicyandiamide exports.
835
The U.S. represented the major exporter of acrylonitrile exported in the world.
234
China's dicyandiamide exports decreased to 5.1K tons in February 2023, down by 5.6% from January 2023. India remains the main destination for these exports, accounting for 55% of total exports. The export price of dicyandiamide showed a noticeable reduction over the review period, with Norway and France being the countries with the highest prices. From February 2022 to February 2023, France experienced the most notable rate of growth in prices of dicyandiamide exports.
835
The U.S. represented the major exporter of acrylonitrile exported in the world.
