Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in China - 2023
Contents:
- Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in China (CIF) - 2022
- Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in China (FOB) - 2022
- Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in China
- Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in China
Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in China (CIF) - 2022
The average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $3,832 per ton in 2022, jumping by 166% against the previous year. In general, the import price enjoyed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($8,505 per ton), while the price for Uzbekistan ($95 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in China (FOB) - 2022
In 2022, the average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $593 per ton, increasing by 19% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 47% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,285 per ton), while the average price for exports to Indonesia ($411 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 Japan (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in China
In 2022, supplies from abroad of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates decreased by -55.3% to 227K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year. As a result, imports attained the peak of 555K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $868M in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 81%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 136 | 181 | 389 | 801 | 80.6% |
Argentina | 99.0 | 76.0 | 153 | 36.5 | -28.3% |
United Kingdom | 1.7 | 2.1 | 2.4 | 2.8 | 18.1% |
Thailand | 9.2 | 12.6 | 16.4 | 2.7 | -33.5% |
United States | 30.7 | 41.3 | 35.9 | 2.5 | -56.7% |
Italy | 9.6 | 9.5 | 14.1 | 2.4 | -37.0% |
Germany | 17.1 | 13.3 | 15.5 | 2.3 | -48.8% |
Bulgaria | N/A | 0.2 | 0.6 | 1.4 | 164.6% |
Turkey | 8.7 | 20.4 | 20.4 | 0.9 | -53.1% |
Uzbekistan | N/A | N/A | 1.6 | 0.7 | -56.3% |
Spain | 2.8 | 4.1 | 5.4 | 0.7 | -37.0% |
Kenya | N/A | N/A | 1.3 | 0.6 | -53.8% |
Vietnam | 1.2 | 1.7 | 2.0 | 0.5 | -25.3% |
Others | 37.6 | 41.2 | 72.1 | 13.5 | -28.9% |
Total | 354 | 404 | 729 | 868 | 34.8% |
Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to China in 2022:
- Chile (130.7K tons)
- United States (17.1K tons)
- Bulgaria (11.5K tons)
- Uzbekistan (7.7K tons)
- Turkey (7.4K tons)
- Thailand (6.3K tons)
- United Kingdom (5.9K tons)
- Italy (5.3K tons)
- Kenya (5.1K tons)
- Vietnam (4.3K tons)
- Argentina (4.3K tons)
- Spain (4.1K tons)
- Germany (2.8K tons)
Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in China
In 2022, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates from China soared to 3.7M tons, rising by 108% against the year before. Overall, exports recorded a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates skyrocketed to $2.2B in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 205 | 124 | 168 | 428 | 27.8% |
Japan | 84.7 | 61.0 | 77.7 | 403 | 68.2% |
Vietnam | 45.4 | 47.8 | 49.3 | 112 | 35.1% |
Indonesia | 55.8 | 55.1 | 55.9 | 101 | 21.9% |
Thailand | 53.1 | 39.3 | 30.9 | 95.9 | 21.8% |
Bangladesh | 54.8 | 33.3 | 29.8 | 91.2 | 18.5% |
Brazil | 12.9 | 14.1 | 12.7 | 86.9 | 88.9% |
South Africa | 29.1 | 27.4 | 39.6 | 85.9 | 43.4% |
Philippines | 36.1 | 37.8 | 35.3 | 76.2 | 28.3% |
India | 32.7 | 30.7 | 31.3 | 61.3 | 23.3% |
Nigeria | 30.0 | 29.7 | 13.3 | 57.7 | 24.4% |
Malaysia | 17.8 | 17.3 | 10.2 | 45.5 | 36.7% |
Saudi Arabia | 3.1 | 4.6 | 4.1 | 34.4 | 123.0% |
Others | 320 | 342 | 331 | 531 | 18.4% |
Total | 981 | 865 | 890 | 2,210 | 31.1% |
Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from China in 2022:
- South Korea (828.5K tons)
- Japan (313.7K tons)
- Vietnam (254.4K tons)
- Indonesia (246.3K tons)
- Thailand (223.7K tons)
- Bangladesh (211.8K tons)
- Philippines (168.4K tons)
- Brazil (161.4K tons)
- Nigeria (136.9K tons)
- Malaysia (108.9K tons)
- India (108.7K tons)
- South Africa (88.0K tons)
- Saudi Arabia (72.7K tons)
This report provides an in-depth analysis of the carbonate market in China.
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In February 2023, the calcium carbonate price amounted to $690 per ton (FOB, China), growing by 14% against the previous month.
Baking Soda exports reached record highs in 2023 and are poised for further growth in the near future, but the value of exports dipped to $177M.
The most significant growth rate for Baking Soda was observed in November 2022 with a 35% increase in exports compared to the previous month. In terms of value, baking soda exports experienced a rapid decline to $11M in September 2023.
Imports of Lithium Carbonate peaked at 285K tons and then decreased significantly the next year. In terms of value, imports dropped to $6.3B in 2023.
During the period under review, imports of Lithium Carbonate peaked in December 2023, with a significant increase in value to $451M.
Although China is the second-largest importer of lithium carbonate in the world, it dominates globally in exports for lithium oxide and lithium hydroxide.With moderate lithium deposits, the country will need to find ways to expand its resource reserves to support the rapid development of its electric car and electronics industries. It is widely viewed that China will construct lithium mining facilities in Afghanistan, but this is very unlikely in the near future due to the difficult military and political situation there.
Explore the top import markets for carbonate worldwide, with key statistics and data from IndexBox. Learn about the leading countries in the carbonate import market and their import values.
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