Ether Market in China
Market Overview
The Chinese ether market declined remarkably to $
in , shrinking 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). In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market failed to regain momentum.
In value terms, ether production reduced slightly to $ in estimated in export price. Overall, the total production indicated a pronounced expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against indices. The pace of growth was the most pronounced in 2012 when the production volume increased by %. Ether production peaked at $ in 2018; however, from 2019 to , production remained at a lower figure.
in , shrinking 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). In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $. From 2019 to , the growth of the market failed to regain momentum.In value terms, ether production reduced slightly to $
in estimated in export price. Overall, the total production indicated a pronounced expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against indices. The pace of growth was the most pronounced in 2012 when the production volume increased by %. Ether production peaked at $ in 2018; however, from 2019 to , production remained at a lower figure.Consumption
In , consumption of ethers decreased by -% to tons, falling for the third consecutive year after two years of growth. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, consumption hit record highs at tons in 2019; however, from to , consumption failed to regain momentum.
The revenue of the ether market in China reduced sharply to $ in , dropping 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). Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market remained at a lower figure.
, consumption of ethers decreased by -% to tons, falling for the third consecutive year after two years of growth. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, consumption hit record highs at tons in 2019; however, from to , consumption failed to regain momentum.The revenue of the ether market in China reduced sharply to $
in , dropping 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). Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $. From 2019 to , the growth of the market remained at a lower figure.Market Forecast
Driven by increasing demand for ethers in China, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase 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 period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase 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 increased 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 increased moderately ( percentage point) over the period under review.Trade Balance
China remains a net exporter of ether; in physical and value terms, exports consistently exceeded imports from 2007 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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