China - Nitrates (Excluding Those Of Potassium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNitrates Price in China - 2023
Contents:
- Nitrates Price in China (FOB) - 2022
- Nitrates Price in China (CIF) - 2022
- Nitrates Exports in China
- Nitrates Imports in China
Nitrates Price in China (FOB) - 2022
In 2022, the average nitrates export price amounted to $494 per ton, rising by 27% against the previous year. Over the period under review, the export price, however, recorded a mild reduction. The export price peaked at $569 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($1,263 per ton), while the average price for exports to Spain ($314 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 South Korea (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrates Price in China (CIF) - 2022
The average nitrates import price stood at $6,419 per ton in 2022, surging by 50% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +9.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 56% against the previous year. Over the period under review, average import prices reached the maximum at $6,752 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($11,985 per ton), while the price for Poland ($621 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrates Exports in China
In 2022, shipments abroad of nitrates (excluding those of potassium) decreased by -2.7% to 251K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year.
In value terms, nitrates exports soared to $124M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +49.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nitrates in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 9.0 | 9.2 | 13.4 | 22.8 | 36.3% |
| Japan | 16.4 | 11.7 | 17.2 | 17.5 | 2.2% |
| South Korea | 7.1 | 8.9 | 12.2 | 11.5 | 17.4% |
| United States | 1.8 | 4.3 | 1.4 | 6.5 | 53.4% |
| Peru | 2.1 | 2.7 | 2.9 | 6.3 | 44.2% |
| India | 0.9 | 0.3 | 0.2 | 6.0 | 88.2% |
| Spain | 1.5 | 2.8 | 4.3 | 4.9 | 48.4% |
| Chile | 2.0 | 1.7 | 3.5 | 4.5 | 31.0% |
| Australia | 1.3 | 1.6 | 2.6 | 4.1 | 46.6% |
| South Africa | 2.0 | 2.6 | 3.2 | 3.8 | 23.9% |
| Kenya | 0.6 | 0.5 | 0.7 | 2.6 | 63.0% |
| Malaysia | 5.3 | 6.6 | 8.4 | 2.1 | -26.6% |
| Vietnam | 0.5 | 1.1 | 1.7 | 2.1 | 61.3% |
| Others | 32.9 | 29.3 | 29.3 | 29.5 | -3.6% |
| Total | 83.5 | 83.3 | 101 | 124 | 14.1% |
Top Export Markets for Nitrates from China in 2022:
- Mexico (70.0K tons)
- Peru (17.9K tons)
- India (15.7K tons)
- Spain (15.4K tons)
- Japan (13.8K tons)
- South Korea (13.0K tons)
- Chile (12.8K tons)
- South Africa (10.3K tons)
- Australia (9.8K tons)
- United States (9.1K tons)
- Kenya (7.5K tons)
- Malaysia (6.3K tons)
- Vietnam (5.6K tons)
Nitrates Imports in China
In 2022, imports of nitrates (excluding those of potassium) into China reduced dramatically to 2.1K tons, which is down by -17.6% on the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 54%. As a result, imports attained the peak of 2.6K tons, and then shrank notably in the following year.
In value terms, nitrates imports surged to $14M in 2022. Over the period under review, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.5% 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 +83.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Nitrates in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.0 | 2.5 | 4.1 | 4.6 | -20.0% |
| Belgium | 0.1 | 0.5 | 2.9 | 2.6 | 196.2% |
| Japan | 1.4 | 1.8 | 1.7 | 2.3 | 18.0% |
| United Kingdom | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Germany | 1.3 | 1.2 | 0.2 | 0.2 | -46.4% |
| Spain | 0.4 | 0.4 | 0.7 | 0.1 | -37.0% |
| Russia | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Poland | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.6 | 0.5 | 0.9 | 3.4 | 78.3% |
| Total | 13.1 | 7.4 | 11.0 | 13.7 | 1.5% |
Top Suppliers of Nitrates to China in 2022:
- Belgium (562.5 tons)
- United States (405.8 tons)
- Japan (193.9 tons)
- United Kingdom (160.4 tons)
- Spain (79.1 tons)
- Russia (43.5 tons)
- Poland (23.8 tons)
- Germany (21.2 tons)
This report provides an in-depth analysis of the nitrates 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 20134210 - Nitrates (excluding those of potassium)
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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This report provides an in-depth analysis of the nitrates market in China.
602
This report provides an in-depth analysis of the potassium nitrate market in China.
415
This report provides an in-depth analysis of the nitrites market in China.
890
This report provides an in-depth analysis of the global nitrates market.
824
This report provides an in-depth analysis of the global potassium nitrate market.
546
This report provides an in-depth analysis of the global nitrites market.
307
This report provides an in-depth analysis of the nitrates market in China.
602
This report provides an in-depth analysis of the potassium nitrate market in China.
415
This report provides an in-depth analysis of the nitrites market in China.
890
This report provides an in-depth analysis of the global nitrates market.
198
In September 2022, the nitrates price amounted to $435 per ton (FOB, China), increasing by 7.1% against the previous month.
471
In value terms, potassium nitrate exports surged to $9.3M in March 2023.
87
In November 2023, the growth pace of Nitrites exports was the most rapid, increasing by 50% month-to-month. The value of Nitrites exports expanded remarkably to $2M in December 2023.
106
Nitrites exports saw a remarkable 50% month-on-month growth in November 2023, reaching a total value of $2M in December 2023.
187
The growth rate of Nitrites was the highest in June 2023, with a month-to-month increase of 46%. In terms of value, Nitrites exports reached $1.6M in September 2023.
1013
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1333
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
915
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
636
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
198
In September 2022, the nitrates price amounted to $435 per ton (FOB, China), increasing by 7.1% against the previous month.
