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China - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRare Gases Price in China - 2023
Contents:
- Rare Gases Price in China (CIF) - 2022
- Rare Gases Price in China (FOB) - 2022
- Rare Gases Imports in China
- Rare Gases Exports in China
Rare Gases Price in China (CIF) - 2022
In 2022, the average rare gases import price amounted to $25 per cubic meter, shrinking by -28.2% against the previous year. In general, the import price, however, showed mild growth. The growth pace was the most rapid in 2019 when the average import price increased by 24% against the previous year. The import price peaked at $43 per cubic meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($42 per cubic meter), while the price for Qatar ($17 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Rare Gases Price in China (FOB) - 2022
In 2022, the average rare gases export price amounted to $150 per cubic meter, increasing by 59% against the previous year. Overall, the export price showed significant growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain 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 South Korea ($264 per cubic meter), while the average price for exports to Vietnam ($11 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+34.8%), while the prices for the other major destinations experienced more modest paces of growth.
Rare Gases Imports in China
Rare gases imports into China soared to 22M cubic meters in 2022, jumping by 140% on 2021. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, rare gases imports surged to $542M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Rare Gases in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 162 | 202 | 219 | 290 | 21.4% |
United States | 63.3 | 63.2 | 48.8 | 95.5 | 14.7% |
Australia | 23.4 | 21.3 | 19.8 | 11.7 | -20.6% |
Others | 8.3 | 15.3 | 27.0 | 145 | 159.5% |
Total | 257 | 302 | 315 | 542 | 28.2% |
Top Suppliers of Rare Gases to China in 2022:
- Qatar (16.9M cubic meters)
- United States (2.3M cubic meters)
- Australia (0.3M cubic meters)
Rare Gases Exports in China
In 2022, approx. 409K cubic meters of rare gases (excluding argon) were exported from China; waning by -43.4% against the year before. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of 722K cubic meters, and then declined markedly in the following year.
In value terms, rare gases exports contracted to $61M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. As a result, the exports reached the peak of $68M, and then declined in the following year.
Export of Rare Gases in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 5.8 | 11.3 | 18.8 | 39.6 | 89.7% |
Japan | 7.0 | 10.0 | 14.1 | 7.1 | 0.5% |
United States | 1.2 | 0.3 | 0.3 | 5.5 | 66.1% |
Singapore | N/A | 0.3 | 2.0 | 1.4 | 116.0% |
Philippines | 0.7 | 0.5 | 3.9 | 0.9 | 8.7% |
Ukraine | N/A | 1.6 | 3.7 | 0.3 | -56.7% |
Russia | 1.8 | 3.5 | 10.3 | 0.3 | -45.0% |
Australia | 0.7 | 0.5 | 0.9 | 0.1 | -47.7% |
Hong Kong SAR | 0.9 | N/A | N/A | N/A | 0% |
Iraq | 0.1 | N/A | N/A | N/A | 0% |
Others | 5.8 | 8.4 | 14.1 | 6.2 | 2.2% |
Total | 24.2 | 36.4 | 68.1 | 61.3 | 36.3% |
Top Export Markets for Rare Gases from China in 2022:
- South Korea (149.7K cubic meters)
- United States (115.5K cubic meters)
- Singapore (68.8K cubic meters)
- Japan (35.1K cubic meters)
- Philippines (13.4K cubic meters)
- Russia (4.2K cubic meters)
- Ukraine (3.8K cubic meters)
- Australia (1.8K cubic meters)
This report provides an in-depth analysis of the rare gases 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 20111130 - Rare gases (excluding argon)
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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