China - Esters Of Methacrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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Contents:
- Methacrylic Acid Esters Price in China (FOB) - 2023
- Methacrylic Acid Esters Price in China (CIF) - 2022
- Methacrylic Acid Esters Exports in China
- Methacrylic Acid Esters Imports in China
Methacrylic Acid Esters Price in China (FOB) - 2023
In June 2023, the average methacrylic acid esters export price amounted to $1,887 per ton, growing by 4.3% against the previous month. In general, the export price, however, recorded a mild downturn. The pace of growth appeared the most rapid in October 2022 an increase of 20% m-o-m. As a result, the export price reached the peak level of $2,610 per ton. From November 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the United States ($3,774 per ton), while the average price for exports to Mexico ($1,394 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 South Korea (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Methacrylic Acid Esters Price in China (CIF) - 2022
The average methacrylic acid esters import price stood at $1,825 per ton in 2022, growing by 1.6% against the previous year. Overall, the import price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 29% against the previous year. The import price peaked at $2,497 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Germany ($4,765 per ton), while the price for Indonesia ($920 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Methacrylic Acid Esters Exports in China
After three years of growth, overseas shipments of esters of methacrylic acid decreased by -23.4% to 137K tons in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 260% against the previous year. As a result, the exports reached the peak of 179K tons, and then contracted remarkably in the following year.
In value terms, methacrylic acid esters exports contracted dramatically to $318M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 276% against the previous year. As a result, the exports reached the peak of $412M, and then dropped significantly in the following year.
Export of Methacrylic Acid Esters in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 13.8 | 8.9 | 49.3 | 39.6 | 42.1% |
India | 8.4 | 8.5 | 63.4 | 38.1 | 65.5% |
South Korea | 7.6 | 7.6 | 37.4 | 22.1 | 42.7% |
Germany | 13.6 | 10.0 | 18.9 | 19.6 | 13.0% |
United States | 16.7 | 6.7 | 23.1 | 15.5 | -2.5% |
Brazil | 5.7 | 5.4 | 10.2 | 15.0 | 38.1% |
Mexico | 1.7 | 1.2 | 28.6 | 13.6 | 100.0% |
Belgium | 3.4 | 2.7 | 14.6 | 13.3 | 57.6% |
Turkey | 0.6 | 1.0 | 26.1 | 12.5 | 175.2% |
Russia | 0.9 | 1.0 | 4.4 | 10.9 | 129.6% |
Japan | 10.4 | 8.7 | 11.6 | 10.6 | 0.6% |
Malaysia | 6.4 | 4.5 | 11.3 | 8.7 | 10.8% |
Indonesia | 2.5 | 2.1 | 7.5 | 7.9 | 46.7% |
Others | 39.5 | 41.0 | 105 | 90.3 | 31.7% |
Total | 131 | 109 | 412 | 318 | 34.4% |
Top Export Markets for Methacrylic Acid Esters from China in 2022:
- India (19.6K tons)
- Netherlands (15.4K tons)
- Mexico (7.8K tons)
- South Korea (7.6K tons)
- Turkey (7.4K tons)
- Brazil (5.0K tons)
- Belgium (5.0K tons)
- Russia (4.9K tons)
- Malaysia (4.4K tons)
- Germany (4.3K tons)
- Indonesia (4.2K tons)
- United States (3.5K tons)
- Japan (3.2K tons)
Methacrylic Acid Esters Imports in China
In 2022, purchases abroad of esters of methacrylic acid decreased by -14.6% to 117K tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of 259K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, methacrylic acid esters imports dropped to $214M in 2022. Overall, imports showed a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 0.3% against the previous year. As a result, imports reached the peak of $360M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Methacrylic Acid Esters in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 55.7 | 49.0 | 39.7 | 48.2 | -4.7% |
Japan | 20.9 | 34.3 | 39.7 | 34.4 | 18.1% |
Germany | 25.9 | 29.6 | 27.9 | 14.7 | -17.2% |
Saudi Arabia | 139 | 137 | 49.0 | 14.4 | -53.0% |
Malaysia | 5.8 | 10.9 | 16.1 | 12.0 | 27.4% |
Thailand | 6.9 | 1.8 | 3.1 | 8.5 | 7.2% |
Vietnam | 4.7 | 3.8 | 7.5 | 7.0 | 14.2% |
Indonesia | 6.1 | 4.0 | 8.5 | 6.5 | 2.1% |
Singapore | 3.9 | 14.6 | 6.5 | 5.1 | 9.4% |
India | 11.3 | 2.9 | 2.7 | N/A | -51.1% |
Taiwan (Chinese) | 64.1 | N/A | N/A | N/A | 0% |
Others | 14.8 | 71.4 | 45.3 | 62.8 | 61.9% |
Total | 359 | 360 | 246 | 214 | -15.8% |
Top Suppliers of Methacrylic Acid Esters to China in 2022:
- India (undefinedK tons)
- South Korea (19.7K tons)
- Japan (14.3K tons)
- Malaysia (11.7K tons)
- Saudi Arabia (10.1K tons)
- Vietnam (7.5K tons)
- Indonesia (7.1K tons)
- Thailand (6.1K tons)
- Germany (3.1K tons)
- Singapore (3.0K tons)
This report provides an in-depth analysis of the methacrylic acid esters 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 20143340 - Esters of methacrylic acid
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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