China - P-Xylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingP-Xylene Price in China - 2023
Contents:
- P-Xylene Price in China (CIF) - 2023
- P-Xylene Price in China (FOB) - 2022
- P-Xylene Imports in China
- P-Xylene Exports in China
P-Xylene Price in China (CIF) - 2023
In September 2023, the average p-xylene import price amounted to $1,054 per ton, increasing by 2.2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 5.5% m-o-m. Over the period under review, average import prices reached the peak figure at $1,092 per ton in April 2023; afterwards, it flattened through to September 2023.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the countries with the highest prices were Iran ($1,064 per ton) and Japan ($1,054 per ton), while the price for Brunei Darussalam ($1,020 per ton) and Singapore ($1,026 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Iran (+0.8%), while the prices for the other major suppliers experienced a decline.
P-Xylene Price in China (FOB) - 2022
The average p-xylene export price stood at $3,241 per ton in 2022, dropping by -2.4% against the previous year. Overall, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 104%. The export price peaked at $3,320 per ton in 2021, and then reduced in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($3,658 per ton), while the average price for exports to Malaysia ($3,060 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 India (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.
P-Xylene Imports in China
P-xylene imports into China fell markedly to 11M tons in 2022, with a decrease of -22.5% compared with the year before. Over the period under review, imports recorded a deep slump. The smallest decline of -1.5% was in 2021.
In value terms, p-xylene imports contracted slightly to $11.5B in 2022. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year.
| Import of P-Xylene in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5,643 | 3,022 | 4,468 | 4,768 | -5.5% |
| Japan | 1,964 | 1,028 | 1,360 | 1,874 | -1.6% |
| Brunei Darussalam | 42.1 | 745 | 1,298 | 1,357 | 218.2% |
| Singapore | 627 | 244 | 436 | 620 | -0.4% |
| Vietnam | 377 | 255 | 289 | 358 | -1.7% |
| Malaysia | 352 | 247 | 347 | 321 | -3.0% |
| Kuwait | 382 | 184 | 348 | 264 | -11.6% |
| Iran | 193 | 129 | 223 | 191 | -0.3% |
| India | 1,201 | 747 | 651 | 188 | -46.1% |
| Thailand | 584 | 346 | 378 | 140 | -37.9% |
| Saudi Arabia | 858 | 206 | 232 | 75.1 | -55.6% |
| Oman | 291 | 331 | 413 | 61.9 | -40.3% |
| Taiwan (Chinese) | 957 | N/A | N/A | N/A | 0% |
| Others | 344 | 663 | 1,117 | 1,314 | 56.3% |
| Total | 13,816 | 8,146 | 11,562 | 11,532 | -5.8% |
Top Suppliers of P-Xylene to China in 2022:
- South Korea (4429.8K tons)
- Japan (1730.0K tons)
- Brunei Darussalam (1220.6K tons)
- Singapore (560.8K tons)
- Vietnam (329.1K tons)
- Malaysia (298.2K tons)
- Kuwait (248.2K tons)
- Iran (163.5K tons)
- India (162.8K tons)
- Thailand (135.5K tons)
- Saudi Arabia (68.1K tons)
- Oman (60.2K tons)
P-Xylene Exports in China
P-xylene exports from China dropped modestly to 70 tons in 2022, falling by -2.3% on the previous year. The total export volume increased at an average annual rate of +5.7% over the period 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 2021 when exports increased by 47% against the previous year. As a result, the exports attained the peak of 72 tons, and then fell in the following year.
In value terms, p-xylene exports reduced to $228K in 2022. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. As a result, the exports reached the peak of $239K, and then contracted slightly in the following year.
| Export of P-Xylene in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 86.1 | 0% |
| South Korea | N/A | N/A | N/A | 48.0 | 0% |
| Malaysia | 92.3 | 60.8 | 140 | 26.1 | -34.4% |
| United States | 41.9 | 11.7 | 44.2 | N/A | 2.7% |
| Democratic People's Republic of Korea | 15.1 | N/A | N/A | N/A | 0% |
| Others | 6.0 | 22.9 | 55.0 | 68.0 | 124.6% |
| Total | 155 | 95.4 | 239 | 228 | 13.7% |
Top Export Markets for P-Xylene from China in 2022:
- United States (undefined tons)
- India (26.3 tons)
- South Korea (13.1 tons)
- Malaysia (8.5 tons)
This report provides an in-depth analysis of the p-xylene 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 20141245 - p-Xylene
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
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