Price for Chemical Preparations For Photographic Uses, Unmixed Products For Photographic Uses Put Up In Measured Portions In Form Ready To Use (Excluding Varnishes, Glues And Adhesives) in China

China Chemical Preparations For Photographic Uses, Unmixed Products For Photographic Uses Put Up In Measured Portions In Form Ready To Use (Excluding Varnishes, Glues And Adhesives) Import Price in September 2022

In September 2022, the chemical preparations for photographic uses, unmixed products for photographic uses put up in measured portions in form ready to use (excluding varnishes, glues and adhesives) price stood at $41.1 per kg (CIF, China), picking up by 8.9% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 11% m-o-m. The import price peaked in September 2022.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Japan ($54.8 per kg), while the price for Belgium ($7,053 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

China Chemical Preparations For Photographic Uses, Unmixed Products For Photographic Uses Put Up In Measured Portions In Form Ready To Use (Excluding Varnishes, Glues And Adhesives) Imports

Imports of chemical preparations for photographic uses, unmixed products for photographic uses put up in measured portions in form ready to use (excluding varnishes, glues and adhesives) into China reduced to 5K tons in September 2022, which is down by -1.7% on the previous month. In general, imports showed a slight decrease. The most prominent rate of growth was recorded in March 2022 when imports increased by 38% month-to-month. Over the period under review, imports of attained the maximum at 6.8K tons in June 2022; however, from July 2022 to September 2022, imports failed to regain momentum.

In value terms, imports of chemical preparations for photographic uses, unmixed products for photographic uses put up in measured portions in form ready to use (excluding varnishes, glues and adhesives) reached $208M (IndexBox estimates) in September 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 with an increase of 34% against the previous month. Over the period under review, imports of reached the peak figure at 241K tons in June 2022; however, from July 2022 to September 2022, imports failed to regain momentum.

China Chemical Preparations For Photographic Uses, Unmixed Products For Photographic Uses Put Up In Measured Portions In Form Ready To Use (Excluding Varnishes, Glues And Adhesives) Imports by Country

Japan (2K tons), South Korea (1.4K tons) and Taiwan (Chinese) (913 tons) were the main suppliers of imports of chemical preparations for photographic uses, unmixed products for photographic uses put up in measured portions in form ready to use (excluding varnishes, glues and adhesives) to China, together comprising 85% of total imports. The United States and Belgium lagged somewhat behind, together comprising a further 8.1%.

From January 2022 to September 2022, the biggest increases were in the United States (with a CAGR of +11.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest chemical preparations for photographic uses, unmixed products for photographic uses put up in measured portions in form ready to use (excluding varnishes, glues and adhesives) suppliers to China were Japan ($109M), South Korea ($61M) and Taiwan (Chinese) ($19M), with a combined 91% share of total imports. These countries were followed by the United States and Belgium, which together accounted for a further 6.2%.

The United States, with a CAGR of +4.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.