Quinones; Anthraquinone Price in China - 2023

Contents:

  1. Quinones; Anthraquinone Price in China (FOB) - 2023
  2. Quinones; Anthraquinone Price in China (CIF) - 2022
  3. Quinones; Anthraquinone Exports in China
  4. Quinones; Anthraquinone Imports in China

Quinones; Anthraquinone Price in China (FOB) - 2023

In September 2023, the average quinones; anthraquinone export price amounted to $8,443 per ton, rising by 8.1% against the previous month. Over the period under review, the export price, however, saw a slight decline. The growth pace was the most rapid in December 2022 an increase of 46% month-to-month. Over the period under review, the average export prices attained the peak figure at $10,636 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was South Korea ($13,039 per ton), while the average price for exports to Myanmar ($2,924 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Quinones; Anthraquinone Price in China (CIF) - 2022

In 2022, the average quinones; anthraquinone import price amounted to $9,650 per ton, increasing by 33% against the previous year. In general, the import price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2014 an increase of 80% against the previous year. As a result, import price reached the peak level of $18,782 per ton. From 2015 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 Japan ($11,045 per ton), while the price for the Czech Republic amounted to $4,144 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.6%).

Quinones; Anthraquinone Exports in China

In 2022, approx. 3.1K tons of quinones; anthraquinones were exported from China; dropping by -19% against the year before. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year.

In value terms, quinones; anthraquinone exports shrank to $29M in 2022. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 67%.

Export of Quinones; Anthraquinone in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8.84.29.56.7-8.7%
South Korea1.70.81.64.134.1%
Brazil5.51.73.43.3-15.7%
United States6.12.22.22.4-26.7%
Sweden2.31.31.42.30.0%
Canada1.40.80.30.8-17.0%
HungaryN/AN/A1.00.8-20.0%
ZimbabweN/AN/AN/A0.70%
Singapore0.20.30.60.644.2%
Others13.66.79.97.0-19.9%
Total39.517.929.928.8-10.0%

Top Export Markets for Quinones; Anthraquinone from China in 2022:

  1. India (1111.4 tons)
  2. United States (383.1 tons)
  3. Brazil (265.7 tons)
  4. Sweden (224.7 tons)
  5. South Korea (171.7 tons)
  6. Zimbabwe (154.8 tons)
  7. Singapore (96.1 tons)
  8. Canada (85.4 tons)
  9. Hungary (74.9 tons)

Quinones; Anthraquinone Imports in China

After three years of growth, purchases abroad of quinones; anthraquinones decreased by -68.1% to 560 tons in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of 1.8K tons, and then shrank notably in the following year.

In value terms, quinones; anthraquinone imports shrank markedly to $5.4M in 2022. Overall, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 184% against the previous year. As a result, imports reached the peak of $13M, and then declined significantly in the following year.

Import of Quinones; Anthraquinone in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2.43.312.24.725.1%
Czech Republic1.10.60.40.6-18.3%
Others0.20.60.20.20.0%
Total3.74.512.75.413.4%

Top Suppliers of Quinones; Anthraquinone to China in 2022:

  1. Japan (423.6 tons)
  2. Czech Republic (132.8 tons)

Source: IndexBox Market Intelligence Platform

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