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China - Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina's Export of Heterocyclic Compounds Reaches $218M in December 2023
China Heterocyclic Compound Exports
In December 2023, the amount of heterocyclic compounds exported from China soared to 11K tons, increasing by 22% against the month before. The total export volume increased at an average monthly rate of +1.5% from December 2022 to December 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in March 2023 with an increase of 22% month-to-month. The exports peaked in December 2023.
In value terms, heterocyclic compound exports skyrocketed to $218M (IndexBox estimates) in December 2023. In general, exports, however, saw a relatively flat trend pattern.
COUNTRY | Export Value of Heterocyclic Compound in China (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | |
United States | 61.3 | 57.9 | 34.4 | 38.8 | 40.3 | 29.9 | 29.3 | 20.2 | 10.6 | 22.8 | 24.3 | 29.4 | 50.9 |
India | 17.3 | 24.0 | 24.6 | 35.5 | 26.2 | 24.1 | 16.8 | 28.2 | 27.0 | 26.4 | 18.2 | 15.4 | 25.6 |
Brazil | 27.9 | 52.0 | 37.9 | 38.2 | 38.1 | 33.7 | 23.5 | 33.9 | 20.6 | 21.8 | 12.9 | 13.6 | 14.9 |
France | 12.8 | 10.7 | 12.2 | 9.2 | 7.0 | 3.7 | 1.7 | 0.7 | 1.0 | 3.6 | 1.1 | 6.2 | 8.4 |
South Korea | 10.0 | 10.1 | 6.3 | 11.6 | 3.7 | 4.0 | 8.6 | 4.4 | 3.5 | 5.0 | 3.4 | 4.9 | 5.9 |
Pakistan | 2.5 | 3.8 | 3.8 | 5.8 | 5.6 | 3.0 | 2.0 | 2.1 | 2.6 | 1.9 | 1.2 | 1.6 | 2.1 |
Australia | 9.7 | 6.9 | 5.2 | 4.5 | 3.1 | 0.4 | 3.1 | 2.9 | 5.9 | 4.0 | 2.9 | 3.3 | 1.8 |
Others | 91.6 | 128 | 90.4 | 100 | 88.9 | 90.0 | 88.2 | 63.5 | 92.2 | 86.2 | 86.4 | 78.6 | 109 |
Total | 233 | 293 | 215 | 244 | 213 | 189 | 173 | 156 | 163 | 172 | 150 | 153 | 218 |
Exports by Country
India (3.1K tons) was the main destination for heterocyclic compound exports from China, with a 27% share of total exports. Moreover, heterocyclic compound exports to India exceeded the volume sent to the second major destination, the United States (1.4K tons), twofold. Brazil (1K tons) ranked third in terms of total exports with an 8.9% share.
From December 2022 to December 2023, the average monthly rate of growth in terms of volume to India totaled +3.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (-0.2% per month) and Brazil (+1.5% per month).
In value terms, the United States ($51M), India ($26M) and Brazil ($15M) appeared to be the largest markets for heterocyclic compound exported from China worldwide, together accounting for 42% of total exports.
India, with a CAGR of +3.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
Exports by Type
Heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts (11K tons) was the largest type of heterocyclic compound exported from China, accounting for a 99% share of total exports. It was followed by heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, pyridine and its salts (107 tons), with a 0.9% share of total exports.
From December 2022 to December 2023, the average monthly rate of growth in terms of the volume of export of heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts stood at +1.5%. With regard to the other exported products, the following average monthly rates of growth were recorded: heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, pyridine and its salts (+13.2% per month) and heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, piperidine and its salts (-7.1% per month).
In value terms, heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts ($218M) remains the largest type of heterocyclic compound exported from China, comprising 100% of total exports. The second position in the ranking was taken by heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, pyridine and its salts ($454K), with a 0.2% share of total exports. It was followed by heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts, other than piperidine and its salts, with a 0.1% share.
From December 2022 to December 2023, the average monthly growth rate of the export volume of heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, pyridine and its salts (+0.2% per month) and heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts, other than piperidine and its salts (-1.3% per month).
Export Prices by Country
In December 2023, the heterocyclic compound price stood at $19,283 per ton (FOB, China), jumping by 17% against the previous month. Over the period under review, the export price, however, showed a pronounced descent. The growth pace was the most rapid in October 2023 when the average export price increased by 22% m-o-m. The export price peaked at $28,137 per ton in January 2023; however, from February 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was the United States ($36,444 per ton), while the average price for exports to Malaysia ($4,861 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.1%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the heterocyclic compound 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 20145280 -
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