China - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSorbitol (Excluding D-Glucitol) Price in China - 2024
Contents:
- Sorbitol (Excluding D-Glucitol) Price in China (FOB) - 2024
- Sorbitol (Excluding D-Glucitol) Price in China (CIF) - 2022
- Sorbitol (Excluding D-Glucitol) Exports in China
- Sorbitol (Excluding D-Glucitol) Imports in China
Sorbitol (Excluding D-Glucitol) Price in China (FOB) - 2024
The average sorbitol (excluding d-glucitol) export price stood at $598 per ton in April 2024, rising by 1.7% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 4.5% m-o-m. Over the period under review, the average export prices attained the maximum at $672 per ton in June 2023; however, from July 2023 to April 2024, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In April 2024, the highest price was recorded for prices to the United States ($705 per ton) and Chile ($634 per ton), while the average price for exports to the Netherlands ($506 per ton) and South Korea ($546 per ton) were amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sorbitol (Excluding D-Glucitol) Price in China (CIF) - 2022
In 2022, the average sorbitol (excluding d-glucitol) import price amounted to $789 per ton, which is down by -41.7% against the previous year. Over the period under review, the import price showed a noticeable descent. The pace of growth appeared the most rapid in 2017 an increase of 102%. Over the period under review, average import prices attained the maximum at $1,568 per ton in 2019; however, from 2020 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 Germany ($6,483 per ton), while the price for India ($632 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sorbitol (Excluding D-Glucitol) Exports in China
In 2022, approx. 42K tons of sorbitol (excluding d-glucitol) were exported from China; with an increase of 1.9% against the previous year's figure. Over the period under review, exports, however, saw a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 93K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sorbitol (excluding d-glucitol) exports surged to $27M in 2022. Overall, exports, however, continue to indicate a drastic downturn.
| Export of Sorbitol (Excluding D-Glucitol) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.8 | 2.5 | 0.5 | 4.3 | 33.7% |
| Philippines | 3.1 | 3.3 | 2.6 | 3.9 | 8.0% |
| South Korea | 1.9 | 2.2 | 2.1 | 3.6 | 23.7% |
| Taiwan (Chinese) | 1.7 | 1.6 | 1.5 | 2.3 | 10.6% |
| Thailand | 6.9 | 7.1 | 4.5 | 2.3 | -30.7% |
| Malaysia | 0.8 | 1.3 | 0.7 | 1.3 | 17.6% |
| United Arab Emirates | N/A | 0.3 | 0.7 | 1.1 | 91.5% |
| New Zealand | 0.5 | 0.6 | 1.1 | 1.1 | 30.1% |
| Chile | 0.4 | 0.5 | 0.5 | 0.8 | 26.0% |
| Australia | 0.3 | 0.4 | 0.4 | 0.7 | 32.6% |
| Peru | 0.9 | 0.7 | N/A | 0.7 | -8.0% |
| Indonesia | 2.8 | 1.6 | 0.7 | 0.7 | -37.0% |
| Vietnam | 5.8 | 5.4 | 2.1 | 0.1 | -74.2% |
| Others | 12.1 | 15.6 | 5.8 | 4.1 | -30.3% |
| Total | 39.2 | 43.0 | 23.2 | 26.9 | -11.8% |
Top Export Markets for Sorbitol (Excluding D-Glucitol) from China in 2022:
- Russia (6.7K tons)
- South Korea (6.4K tons)
- Philippines (6.2K tons)
- Thailand (3.7K tons)
- Taiwan (Chinese) (3.5K tons)
- Malaysia (2.1K tons)
- United Arab Emirates (1.8K tons)
- New Zealand (1.6K tons)
- Chile (1.1K tons)
- Peru (1.0K tons)
- Indonesia (1.0K tons)
- Australia (0.9K tons)
- Vietnam (0.2K tons)
Sorbitol (Excluding D-Glucitol) Imports in China
In 2022, approx. 704 tons of sorbitol (excluding d-glucitol) were imported into China; with an increase of 911% against 2021. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sorbitol (excluding d-glucitol) imports skyrocketed to $556K in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 602% against the previous year. As a result, imports reached the peak of $666K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Sorbitol (Excluding D-Glucitol) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 540 | N/A | 409 | -13.0% |
| India | N/A | N/A | N/A | 91.0 | 0% |
| France | 58.5 | 38.2 | 51.9 | 48.4 | -6.1% |
| Others | 36.3 | 87.6 | 42.3 | 7.3 | -41.4% |
| Total | 94.8 | 666 | 94.2 | 556 | 80.3% |
Top Suppliers of Sorbitol (Excluding D-Glucitol) to China in 2022:
- Thailand (528.0 tons)
- India (144.0 tons)
- France (31.0 tons)
This report provides an in-depth analysis of the sorbitol 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 20595770 - Sorbitol (excluding D-glucitol)
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.
-
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
-
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
-
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
-
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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