Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in China - 2023

Contents:

1. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in China (FOB) - 2023
2. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in China (CIF) - 2022
3. Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in China
4. Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in China

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in China (FOB) - 2023

In December 2023, the average export price for carboxyamide-function compounds; amide-function compounds of carbonic acids amounted to $6,210 per ton, growing by 19% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $6,418 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the United States ($12,855 per ton), while the average price for exports to Malaysia ($970 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in China (CIF) - 2022

The average import price for carboxyamide-function compounds; amide-function compounds of carbonic acids stood at $32,406 per ton in 2022, which is down by -22.3% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 46% against the previous year. The import price peaked at $45,816 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Norway ($117,039 per ton), while the price for South Korea ($5,755 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in China

For the fourth year in a row, China recorded growth in shipments abroad of carboxyamide-function compounds; amide-function compounds of carbonic acids, which increased by 5.5% to 510K tons in 2022. The total export volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids soared to $3.6B in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 42%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid from China in 2022:

1. South Korea (56.0K tons)
2. India (51.5K tons)
3. United States (43.2K tons)
4. Vietnam (33.2K tons)
5. Japan (28.5K tons)
6. Brazil (23.4K tons)
7. Taiwan (Chinese) (21.9K tons)
8. Russia (17.2K tons)
9. Argentina (15.6K tons)
10. Indonesia (14.3K tons)
11. Turkey (13.8K tons)
12. Mexico (12.7K tons)
13. Netherlands (11.4K tons)

Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in China

In 2022, approx. 20K tons of carboxyamide-function compounds; amide-function compounds of carbonic acids were imported into China; reducing by -28.8% on 2021 figures. Over the period under review, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year.

In value terms, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids declined notably to $633M in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports reached the peak of $1.1B, and then reduced sharply in the following year.

Top Suppliers of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid to China in 2022:

1. India (4.5K tons)
2. Norway (4.0K tons)
3. Japan (3.3K tons)
4. Germany (1.9K tons)
5. South Korea (1.9K tons)
6. France (1.4K tons)
7. Switzerland (0.8K tons)
8. United Kingdom (0.1K tons)

Source: IndexBox Market Intelligence Platform