Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China - 2024

Contents:

  1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China (FOB) - 2022
  2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China (CIF) - 2022
  3. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China
  4. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $59,716 per ton in 2022, dropping by -3.2% against the previous year. In general, the export price, however, posted a temperate increase. The growth pace was the most rapid in 2014 when the average export price increased by 174% against the previous year. As a result, the export price reached the peak level of $111,041 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($141,561 per ton), while the average price for exports to Italy ($30,754 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 the Netherlands (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $367,028 per ton, growing by 10% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for balances; of a sensitivity of 5cg or better, with or without weightses increased by +26.1% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 72% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,219,022 per ton), while the price for Malaysia ($41,471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China

In 2022, exports of balances; of a sensitivity of 5cg or better, with or without weightses from China was estimated at 1.4K tons, rising by 9.1% against 2021 figures. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses rose notably to $81M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 42%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17.715.420.519.43.1%
Netherlands11.410.716.115.711.3%
India5.33.67.210.124.0%
Japan2.72.73.74.316.8%
South Korea2.83.14.63.911.7%
Germany2.62.03.33.712.5%
Indonesia2.01.51.82.69.1%
Thailand1.91.72.42.59.6%
Malaysia0.50.71.01.544.2%
Brazil0.90.80.91.313.0%
Russia1.71.02.51.2-11.0%
Italy0.90.91.21.16.9%
Vietnam1.21.51.01.1-2.9%
Others11.08.710.812.85.2%
Total62.554.377.081.29.1%

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from China in 2022:

  1. United States (242.4 tons)
  2. India (169.0 tons)
  3. Netherlands (110.8 tons)
  4. Germany (94.1 tons)
  5. Indonesia (60.7 tons)
  6. South Korea (47.0 tons)
  7. Italy (37.3 tons)
  8. Japan (32.5 tons)
  9. Thailand (28.1 tons)
  10. Vietnam (25.5 tons)
  11. Brazil (25.2 tons)
  12. Russia (23.7 tons)
  13. Malaysia (23.4 tons)

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China

In 2022, imports of balances; of a sensitivity of 5cg or better, with or without weightses into China amounted to 177 tons, increasing by 4.5% compared with the previous year. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses skyrocketed to $65M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland19.625.028.731.116.6%
Germany16.49.612.216.70.6%
United States1.91.71.64.836.2%
United Kingdom1.50.36.64.544.2%
Japan1.62.22.92.414.5%
Philippines2.32.52.12.30.0%
South Korea0.60.40.50.5-5.9%
Malaysia0.70.5N/AN/A-28.6%
Others2.11.61.82.56.0%
Total46.543.756.364.911.8%

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to China in 2022:

  1. Switzerland (58.1 tons)
  2. Philippines (44.8 tons)
  3. Germany (39.0 tons)
  4. Japan (15.4 tons)
  5. United States (5.2 tons)
  6. United Kingdom (3.7 tons)
  7. South Korea (2.8 tons)
  8. Malaysia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Balances; of a sensitivity of 5cg or better, with or without weights - China