China - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingIndustrial Oleic Acid Price in China - 2023
Contents:
- Industrial Oleic Acid Price in China (CIF) - 2023
- Industrial Oleic Acid Price in China (FOB) - 2023
- Industrial Oleic Acid Imports in China
- Industrial Oleic Acid Exports in China
Industrial Oleic Acid Price in China (CIF) - 2023
The average industrial oleic acid import price stood at $1,163 per ton in June 2023, rising by 6.3% against the previous month. Over the period under review, the import price, however, saw a abrupt contraction. Over the period under review, average import prices reached the maximum at $2,328 per ton in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Malaysia ($1,431 per ton), while the price for Indonesia amounted to $1,093 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-3.8%).
Industrial Oleic Acid Price in China (FOB) - 2023
The average industrial oleic acid export price stood at $1,314 per ton in June 2023, stabilizing at the previous month. Over the period under review, the export price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in January 2023 an increase of 18% against the previous month. Over the period under review, the average export prices hit record highs at $2,962 per ton in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($3,241 per ton), while the average price for exports to Mongolia ($792 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Oleic Acid Imports in China
Industrial oleic acid imports into China was estimated at 43K tons in 2022, growing by 10% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, imports reached the peak of 47K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, industrial oleic acid imports shrank to $54M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.9% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 50%.
| Import of Industrial Oleic Acid in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 17.5 | 23.3 | 34.1 | 30.3 | 20.1% |
| Malaysia | 9.7 | 19.9 | 25.5 | 21.7 | 30.8% |
| Japan | 1.7 | 0.9 | 1.3 | 1.3 | -8.6% |
| Others | 1.3 | 1.4 | 1.8 | 0.8 | -14.9% |
| Total | 30.3 | 45.5 | 62.7 | 54.1 | 21.3% |
Top Suppliers of Industrial Oleic Acid to China in 2022:
- Indonesia (24.7K tons)
- Malaysia (16.7K tons)
- Japan (0.7K tons)
Industrial Oleic Acid Exports in China
Industrial oleic acid exports from China fell significantly to 3.5K tons in 2022, which is down by -19.5% against the previous year's figure. Over the period under review, exports showed a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, the exports reached the peak of 4.3K tons, and then dropped significantly in the following year.
In value terms, industrial oleic acid exports fell significantly to $5.2M in 2022. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 150% against the previous year. As a result, the exports reached the peak of $7.4M, and then dropped remarkably in the following year.
| Export of Industrial Oleic Acid in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,476 | 903 | 3,671 | 3,493 | 33.3% |
| Singapore | 740 | 665 | 691 | 480 | -13.4% |
| South Korea | 321 | 358 | 311 | 280 | -4.5% |
| Taiwan (Chinese) | 19.2 | 30.4 | 165 | 256 | 137.1% |
| Saudi Arabia | N/A | N/A | N/A | 184 | 0% |
| Mongolia | 184 | 254 | 583 | 178 | -1.1% |
| Russia | 14.5 | 1.3 | 260 | 103 | 92.2% |
| Uzbekistan | 415 | 545 | 868 | N/A | 44.6% |
| Others | 890 | 215 | 878 | 226 | -36.7% |
| Total | 4,061 | 2,972 | 7,427 | 5,199 | 8.6% |
Top Export Markets for Industrial Oleic Acid from China in 2022:
- Japan (1931.4 tons)
- Singapore (404.1 tons)
- Mongolia (353.0 tons)
- South Korea (257.1 tons)
- Taiwan (Chinese) (187.1 tons)
- Saudi Arabia (124.0 tons)
- Russia (72.3 tons)
This report provides an in-depth analysis of the industrial oleic acid 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 20143130 - Industrial oleic acid
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
-
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
-
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
-
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
-
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
389
This report provides an in-depth analysis of the industrial oleic acid market in China.
352
This report provides an in-depth analysis of the industrial fatty alcohols market in China.
367
This report provides an in-depth analysis of the industrial stearic acid market in China.
337
This report provides an in-depth analysis of the market for tall oil fatty acids in China.
231
This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in China.
1494
This report provides an in-depth analysis of the global industrial oleic acid market.
608
This report provides an in-depth analysis of the global industrial fatty alcohols market.
915
This report provides an in-depth analysis of the global industrial stearic acid market.
753
This report provides an in-depth analysis of the global market for tall oil fatty acids.
315
This report provides an in-depth analysis of the global market for industrial monocarboxylic fatty acids.
329
In April 2023, the industrial fatty alcohols price amounted to $1,519 per ton (CIF, China), growing by 2.5% against the previous month.
279
In February 2023, the industrial monocarboxylic fatty acids price was $871 per ton (CIF, China), a decrease of 2.4% compared to the previous month.
191
Explore the top import markets for industrial monocarboxylic fatty acids with valuable insights and statistics from the IndexBox market intelligence platform.
329
In April 2023, the industrial fatty alcohols price amounted to $1,519 per ton (CIF, China), growing by 2.5% against the previous month.
279
In February 2023, the industrial monocarboxylic fatty acids price was $871 per ton (CIF, China), a decrease of 2.4% compared to the previous month.
191
Explore the top import markets for industrial monocarboxylic fatty acids with valuable insights and statistics from the IndexBox market intelligence platform.
