China - Melamine Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMelamine Resins Price in China - 2023
Contents:
- Melamine Resins Price in China (FOB) - 2023
- Melamine Resins Price in China (CIF) - 2022
- Melamine Resins Exports in China
- Melamine Resins Imports in China
Melamine Resins Price in China (FOB) - 2023
The average melamine resins export price stood at $1,307 per ton in June 2023, which is down by -6.4% against the previous month. Over the period under review, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 5% against the previous month. Over the period under review, the average export prices attained the maximum at $1,728 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Russia ($2,405 per ton), while the average price for exports to Tanzania ($855 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 Russia (+1.3%), while the prices for the other major destinations experienced a decline.
Melamine Resins Price in China (CIF) - 2022
In 2022, the average melamine resins import price amounted to $3,931 per ton, increasing by 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 37% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,314 per ton), while the price for Malaysia ($1,746 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Melamine Resins Exports in China
For the fourth consecutive year, China recorded growth in shipments abroad of melamine resins in primary forms, which increased by 36% to 54K tons in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, melamine resins exports skyrocketed to $89M in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
Export of Melamine Resins in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | 11.6 | 9.4 | 17.5 | 17.4 | 14.5% |
India | 2.5 | 2.5 | 6.0 | 12.3 | 70.1% |
Vietnam | 5.8 | 6.0 | 6.9 | 9.1 | 16.2% |
Russia | N/A | 0.1 | 0.1 | 6.5 | 706.2% |
Thailand | 2.6 | 2.9 | 4.4 | 5.2 | 26.0% |
Turkey | 0.7 | 1.2 | 2.6 | 3.7 | 74.2% |
South Korea | 1.4 | 1.5 | 3.1 | 3.5 | 35.7% |
Philippines | 2.0 | 1.0 | 2.4 | 3.0 | 14.5% |
Indonesia | 1.5 | 2.6 | 3.9 | 2.5 | 18.6% |
Egypt | 0.2 | 0.4 | 1.5 | 2.0 | 115.4% |
Australia | N/A | 0.1 | 1.4 | 1.7 | 312.3% |
Kenya | 0.4 | 0.8 | 1.2 | 1.5 | 55.4% |
Algeria | 0.6 | 0.3 | 0.6 | 1.4 | 32.6% |
Others | 11.1 | 10.7 | 12.1 | 18.8 | 19.2% |
Total | 40.4 | 39.4 | 63.5 | 88.6 | 29.9% |
Top Export Markets for Melamine Resins from China in 2022:
- Bangladesh (11.8K tons)
- India (7.3K tons)
- Vietnam (5.2K tons)
- Russia (3.3K tons)
- Thailand (3.1K tons)
- Turkey (2.2K tons)
- Philippines (2.1K tons)
- Indonesia (1.7K tons)
- South Korea (1.7K tons)
- Egypt (1.5K tons)
- Kenya (1.2K tons)
- Australia (1.1K tons)
- Algeria (1.0K tons)
Melamine Resins Imports in China
In 2022, melamine resins imports into China reduced to 11K tons, shrinking by -7.7% on the year before. Over the period under review, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by 2.3% against the previous year.
In value terms, melamine resins imports expanded significantly to $43M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Melamine Resins in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 9.2 | 8.1 | 8.9 | 11.3 | 7.1% |
Germany | 3.5 | 5.0 | 5.0 | 6.4 | 22.3% |
United States | 5.1 | 5.3 | 5.3 | 5.0 | -0.7% |
Norway | 3.0 | 2.5 | 3.8 | 4.1 | 11.0% |
Thailand | 3.2 | 2.4 | 2.1 | 1.8 | -17.5% |
Spain | 0.9 | 1.3 | 1.6 | 1.8 | 26.0% |
Romania | 0.3 | 0.3 | 0.4 | 1.1 | 54.2% |
Netherlands | 1.4 | 0.5 | 0.5 | 1.1 | -7.7% |
Indonesia | 0.9 | 0.9 | 1.1 | 0.8 | -3.9% |
Malaysia | 1.8 | 0.7 | 0.9 | 0.7 | -27.0% |
Italy | 0.4 | 0.3 | 0.5 | 0.6 | 14.5% |
India | 0.4 | 0.3 | 0.5 | 0.6 | 14.5% |
Taiwan (Chinese) | 5.9 | N/A | N/A | N/A | 0% |
Others | 1.6 | 6.2 | 7.8 | 8.1 | 71.7% |
Total | 37.5 | 34.0 | 38.2 | 43.5 | 5.1% |
Top Suppliers of Melamine Resins to China in 2022:
- Japan (2767.5 tons)
- Germany (1198.0 tons)
- United States (998.5 tons)
- Norway (856.1 tons)
- Thailand (644.3 tons)
- Malaysia (392.7 tons)
- Spain (361.2 tons)
- Indonesia (351.4 tons)
- Netherlands (341.2 tons)
- Romania (230.3 tons)
- India (209.3 tons)
- Italy (131.1 tons)
This report provides an in-depth analysis of the melamine resins 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 20165570 - Melamine resins, in primary forms
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.
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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
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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
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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
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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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