Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in China - 2023

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in China (FOB) - 2022
  2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in China (CIF) - 2022
  3. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in China
  4. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in China

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in China (FOB) - 2022

The average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $9,076 per ton in 2022, increasing by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11,475 per ton), while the average price for exports to Pakistan ($4,863 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in China (CIF) - 2022

The average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $44,108 per ton in 2022, rising by 18% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses increased by +92.1% against 2017 indices. The pace of growth was the most pronounced in 2014 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 France ($123,776 per ton), while the price for Brazil ($6,922 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in China

For the fourth year in a row, China recorded growth in overseas shipments of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses, which increased by 24% to 93K tons in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses soared to $848M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States59.864.010018244.9%
Brazil23.223.128.386.655.1%
Netherlands19.816.935.657.042.3%
Germany28.132.440.649.921.1%
India33.629.130.540.26.2%
Japan29.630.737.035.66.3%
Poland8.08.512.829.153.8%
United Kingdom10.210.211.629.041.7%
South Korea21.824.228.026.16.2%
Mexico4.44.36.224.076.0%
Russia5.89.313.217.945.6%
Thailand7.49.616.915.227.1%
Pakistan5.25.56.711.028.4%
Others11514118224528.7%
Total37240955084831.6%

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from China in 2022:

  1. United States (15.8K tons)
  2. Brazil (8.2K tons)
  3. Netherlands (5.8K tons)
  4. Germany (5.6K tons)
  5. India (4.3K tons)
  6. Poland (4.1K tons)
  7. Japan (3.7K tons)
  8. South Korea (3.2K tons)
  9. Russia (2.7K tons)
  10. United Kingdom (2.6K tons)
  11. Thailand (2.4K tons)
  12. Pakistan (2.3K tons)
  13. Mexico (2.3K tons)

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in China

In 2022, supplies from abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -0.2% to 7.1K tons, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by less than 0.1% against the previous year. As a result, imports attained the peak of 7.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses surged to $313M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1901852042499.4%
United States10.713.316.716.214.8%
Japan9.99.815.713.912.0%
India1.62.81.84.743.2%
South Korea3.14.03.84.614.1%
Germany3.53.04.03.71.9%
Brazil7.44.22.72.2-33.3%
Others9.312.218.319.528.0%
Total2362352673139.9%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to China in 2022:

  1. France (2008.5 tons)
  2. United States (1350.6 tons)
  3. Japan (1232.6 tons)
  4. South Korea (487.1 tons)
  5. Germany (443.9 tons)
  6. Brazil (320.6 tons)
  7. India (303.4 tons)

Source: IndexBox Market Intelligence Platform

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