Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in China - 2023
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in China (FOB) - 2022
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in China (CIF) - 2022
- Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in China
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in China
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in China (FOB) - 2022
The average export price for cyclic hydrocarbons; mixed xylene isomerses stood at $1,124 per ton in 2022, dropping by -43.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 158% against the previous year. As a result, the export price reached the peak level of $1,994 per ton, and then declined significantly in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($1,376 per ton), while the average price for exports to Singapore stood at $1,096 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.3%), while the prices for the other major destinations experienced a decline.
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in China (CIF) - 2022
In 2022, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $3,140 per ton, with an increase of 67% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 504%. As a result, import price reached the peak level of $7,531 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
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 Germany ($8,344 per ton), while the price for South Korea ($1,932 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in China
In 2022, approx. 1.7K tons of cyclic hydrocarbons; mixed xylene isomerses were exported from China; increasing by 110% compared with 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cyclic hydrocarbons; mixed xylene isomers exports skyrocketed to $1.9M in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 429%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 885 | 0% |
| Ecuador | N/A | N/A | N/A | 38.3 | 0% |
| Trinidad and Tobago | 104 | N/A | N/A | 10.3 | -53.7% |
| Nigeria | 62.1 | 38.2 | 4.5 | 8.4 | -48.7% |
| Venezuela | N/A | N/A | 1,328 | N/A | 0% |
| Hong Kong SAR | 205 | N/A | N/A | N/A | 0% |
| Gabon | N/A | N/A | 88.2 | N/A | 0% |
| Syrian Arab Republic | N/A | N/A | 20.2 | N/A | 0% |
| Democratic People's Republic of Korea | 187 | N/A | N/A | N/A | 0% |
| Myanmar | N/A | 26.5 | 51.0 | N/A | 92.5% |
| Others | 161 | 240 | 119 | 967 | 81.8% |
| Total | 720 | 304 | 1,610 | 1,910 | 38.4% |
Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from China in 2022:
- Singapore (808.2 tons)
- Ecuador (27.9 tons)
- Trinidad and Tobago (9.8 tons)
- Nigeria (6.5 tons)
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in China
In 2022, approx. 50 tons of cyclic hydrocarbons; mixed xylene isomerses were imported into China; shrinking by -67.5% on the previous year. In general, imports recorded a precipitous contraction.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports shrank sharply to $156K in 2022. Overall, imports saw a dramatic contraction.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 39.9 | 0.1 | 0.1 | 0.1 | -86.4% |
| Japan | 19.4 | 1.4 | 0.1 | N/A | -92.8% |
| Germany | N/A | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 59.7 | 1.6 | 0.3 | 0.2 | -85.0% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to China in 2022:
- South Korea (39.6 tons)
- Germany (5.9 tons)
- United States (1.6 tons)
- Japan (0.4 tons)
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