Other Agglomerates Market in China
Market Overview
In 
, the Chinese other agglomerates market increased by % to $ for the first time since 2019, thus ending a two-year declining trend. Overall, consumption posted a perceptible increase. As a result, consumption attained the peak level of $. From 2015 to , the growth of the market failed to regain momentum.
In value terms, other agglomerates production reached $ in estimated in export price. Over the period under review, production recorded measured growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by % against the previous year. Other agglomerates production peaked at $ in ; however, from to , production remained at a lower figure.
, the Chinese other agglomerates market increased by % to $ for the first time since 2019, thus ending a two-year declining trend. Overall, consumption posted a perceptible increase. As a result, consumption attained the peak level of $. From 2015 to , the growth of the market failed to regain momentum.In value terms, other agglomerates production reached $
in estimated in export price. Over the period under review, production recorded measured growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by % against the previous year. Other agglomerates production peaked at $ in ; however, from to , production remained at a lower figure.Consumption
In , consumption of other agglomerates was finally on the rise to reach tons after two years of decline. Over the period under review, consumption posted a temperate expansion. As a result, consumption attained the peak volume of tons. From 2015 to , the growth of the consumption remained at a lower figure.
The size of the other agglomerates market in China surged to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a temperate expansion. As a result, consumption attained the peak level of $. From 2015 to , the growth of the market remained at a lower figure.
, consumption of other agglomerates was finally on the rise to reach tons after two years of decline. Over the period under review, consumption posted a temperate expansion. As a result, consumption attained the peak volume of tons. From 2015 to , the growth of the consumption remained at a lower figure.The size of the other agglomerates market in China surged to $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a temperate expansion. As a result, consumption attained the peak level of $. From 2015 to , the growth of the market remained at a lower figure.Market Forecast
The other agglomerates market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
China remains a net exporter of other agglomerates; in physical and value terms, exports consistently exceeded imports from 2012 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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