Quinones; Anthraquinone Price in China - 2023
Contents:
- Quinones; Anthraquinone Price in China (FOB) - 2023
- Quinones; Anthraquinone Price in China (CIF) - 2022
- Quinones; Anthraquinone Exports in China
- Quinones; Anthraquinone Imports in China
Quinones; Anthraquinone Price in China (FOB) - 2023
In September 2023, the average quinones; anthraquinone export price amounted to $8,443 per ton, rising by 8.1% against the previous month. Over the period under review, the export price, however, saw a slight decline. The growth pace was the most rapid in December 2022 an increase of 46% month-to-month. Over the period under review, the average export prices attained the peak figure at $10,636 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was South Korea ($13,039 per ton), while the average price for exports to Myanmar ($2,924 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 South Korea (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Quinones; Anthraquinone Price in China (CIF) - 2022
In 2022, the average quinones; anthraquinone import price amounted to $9,650 per ton, increasing by 33% against the previous year. In general, the import price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2014 an increase of 80% against the previous year. As a result, import price reached the peak level of $18,782 per ton. From 2015 to 2022, the average 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 Japan ($11,045 per ton), while the price for the Czech Republic amounted to $4,144 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.6%).
Quinones; Anthraquinone Exports in China
In 2022, approx. 3.1K tons of quinones; anthraquinones were exported from China; dropping by -19% against the year before. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year.
In value terms, quinones; anthraquinone exports shrank to $29M in 2022. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 67%.
Export of Quinones; Anthraquinone in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 8.8 | 4.2 | 9.5 | 6.7 | -8.7% |
South Korea | 1.7 | 0.8 | 1.6 | 4.1 | 34.1% |
Brazil | 5.5 | 1.7 | 3.4 | 3.3 | -15.7% |
United States | 6.1 | 2.2 | 2.2 | 2.4 | -26.7% |
Sweden | 2.3 | 1.3 | 1.4 | 2.3 | 0.0% |
Canada | 1.4 | 0.8 | 0.3 | 0.8 | -17.0% |
Hungary | N/A | N/A | 1.0 | 0.8 | -20.0% |
Zimbabwe | N/A | N/A | N/A | 0.7 | 0% |
Singapore | 0.2 | 0.3 | 0.6 | 0.6 | 44.2% |
Others | 13.6 | 6.7 | 9.9 | 7.0 | -19.9% |
Total | 39.5 | 17.9 | 29.9 | 28.8 | -10.0% |
Top Export Markets for Quinones; Anthraquinone from China in 2022:
- India (1111.4 tons)
- United States (383.1 tons)
- Brazil (265.7 tons)
- Sweden (224.7 tons)
- South Korea (171.7 tons)
- Zimbabwe (154.8 tons)
- Singapore (96.1 tons)
- Canada (85.4 tons)
- Hungary (74.9 tons)
Quinones; Anthraquinone Imports in China
After three years of growth, purchases abroad of quinones; anthraquinones decreased by -68.1% to 560 tons in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of 1.8K tons, and then shrank notably in the following year.
In value terms, quinones; anthraquinone imports shrank markedly to $5.4M in 2022. Overall, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 184% against the previous year. As a result, imports reached the peak of $13M, and then declined significantly in the following year.
Import of Quinones; Anthraquinone in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 2.4 | 3.3 | 12.2 | 4.7 | 25.1% |
Czech Republic | 1.1 | 0.6 | 0.4 | 0.6 | -18.3% |
Others | 0.2 | 0.6 | 0.2 | 0.2 | 0.0% |
Total | 3.7 | 4.5 | 12.7 | 5.4 | 13.4% |
Top Suppliers of Quinones; Anthraquinone to China in 2022:
- Japan (423.6 tons)
- Czech Republic (132.8 tons)
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China leads in global ketone and quinone exports, with a 12%-share of the total volume. In 2020, China supplied abroad 317K tons of ketones and quinones worth $1.4B. South Korea, India and Indonesia consume 44% of China's ketone and quinone exports. In 2020, the average price for ketones and quinones exported from China reduced by -6.9% y-o-y to $4,371 per ton.
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