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China - Carbides - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCarbides Price in China - 2023
Contents:
- Carbides Price in China (FOB) - 2023
- Carbides Price in China (CIF) - 2022
- Carbides Exports in China
- Carbides Imports in China
Carbides Price in China (FOB) - 2023
The average carbides export price stood at $1,416 per ton in September 2023, shrinking by -11.4% against the previous month. In general, the export price saw a slight slump. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 29% month-to-month. As a result, the export price attained the peak level of $2,044 per ton. From May 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($3,168 per ton), while the average price for exports to Pakistan ($694 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Carbides Price in China (CIF) - 2022
In 2022, the average carbides import price amounted to $2,255 per ton, waning by -46.4% against the previous year. In general, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 an increase of 97%. As a result, import price attained the peak level of $5,920 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($34,277 per ton), while the price for Australia ($1,358 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbides Exports in China
In 2022, the amount of carbides exported from China was estimated at 542K tons, growing by 7.7% on the previous year's figure. The total export volume increased at an average annual rate of +7.1% 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 2021 when exports increased by 36%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, carbides exports skyrocketed to $930M in 2022. Over the period under review, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
Export of Carbides in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 175 | 118 | 206 | 219 | 7.8% |
United States | 67.2 | 50.5 | 80.9 | 159 | 33.3% |
South Korea | 80.9 | 67.0 | 108 | 109 | 10.4% |
India | 53.4 | 38.3 | 61.5 | 58.1 | 2.9% |
Netherlands | 3.2 | 2.3 | 26.0 | 47.3 | 145.4% |
Thailand | 7.8 | 6.5 | 28.7 | 34.6 | 64.3% |
Mexico | 7.4 | 8.6 | 11.8 | 21.8 | 43.4% |
Turkey | 3.0 | 7.1 | 7.8 | 16.1 | 75.1% |
Philippines | 5.1 | 4.4 | 8.4 | 9.0 | 20.8% |
Pakistan | 7.3 | 8.8 | 2.8 | 3.1 | -24.8% |
Others | 140 | 120 | 172 | 252 | 21.6% |
Total | 550 | 432 | 713 | 930 | 19.1% |
Top Export Markets for Carbides from China in 2022:
- United States (149.7K tons)
- Japan (61.8K tons)
- India (47.7K tons)
- South Korea (41.4K tons)
- Netherlands (36.9K tons)
- Thailand (32.8K tons)
- Mexico (22.3K tons)
- Turkey (10.8K tons)
- Philippines (8.9K tons)
- Pakistan (3.5K tons)
Carbides Imports in China
In 2022, approx. 11K tons of carbides were imported into China; picking up by 176% on 2021 figures. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbides imports soared to $25M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Carbides in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3.4 | 3.2 | 4.6 | 4.9 | 13.0% |
Norway | 1.6 | 2.2 | 2.1 | 3.5 | 29.8% |
Germany | 2.6 | 1.6 | 2.9 | 2.0 | -8.4% |
United States | 1.4 | 1.1 | 1.0 | 0.9 | -13.7% |
South Korea | 0.3 | N/A | 0.2 | 0.9 | 44.2% |
Spain | N/A | 0.1 | 0.3 | 0.2 | 41.4% |
Australia | 0.1 | N/A | N/A | 0.1 | 0.0% |
Democratic People's Republic of Korea | 2.0 | N/A | N/A | N/A | 0% |
Taiwan (Chinese) | 1.2 | N/A | N/A | N/A | 0% |
Others | 1.8 | 4.3 | 5.9 | 12.6 | 91.3% |
Total | 14.5 | 12.6 | 17.0 | 25.1 | 20.1% |
Top Suppliers of Carbides to China in 2022:
- Australia (undefinedK tons)
- United States (undefinedK tons)
- South Korea (undefinedK tons)
- Spain (undefinedK tons)
- Japan (0.5K tons)
- Norway (0.4K tons)
- Germany (0.2K tons)
This report provides an in-depth analysis of the carbides 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 20136450 - Carbides whether or not chemically defined
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.
-
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
-
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
-
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
-
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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