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With the rapid development of the domestic polyester and chemical fiber product markets, China has become the world’s main producer and largest consumer of ethylene glycol.
Its output and consumption account for about 20% and 50% of the world’s total, respectively.
However, domestic Ethylene glycol is in short supply and needs to be imported in large quantities every year
.
According to the "2017-2022 China Polyethylene Terephthalate (PET) Industry Market Outlook and Investment Strategic Planning Analysis Report" released by the Qianzhan Industry Research Institute, China's ethylene glycol imports have been steadily increasing before 2015 From 327,700 tons in 1998 to 8,728,400 tons in 2015, ethylene glycol imports doubled several times, with an average annual growth rate of 21.
3%.
2016 was the first decline in imports in the past two decades.
This is related to the rapid expansion of China's production capacity; from January to April 2017, China's ethylene glycol imports amounted to 2,788,600 tons, a year-on-year increase of 34.
07%.
It is expected that the annual import volume in 2017 will be between 7.
8-8.
2 million tons
.
China's ethylene glycol country distribution in 2017 From the perspective of the distribution of China's ethylene glycol imports in different countries, the region with the largest import volume in 2016 was Saudi Arabia, which was 3,464,600 tons, accounting for 46.
04% of China's total imports; followed by Taiwan , The import volume and proportion were 1,254,800 tons and 16.
67% respectively.
From January to April 2017, the top two ethylene glycol imports in China were Saudi Arabia and Taiwan’s Jinma Customs District, with imports of 1,205,100 tons respectively.
And 457,600 tons, the proportions of imports were 43.
23% and 16.
42% respectively.
From the perspective of the distribution of import amounts in different countries, in 2016, Saudi Arabia had the largest amount of ethylene glycol imports, accounting for 45.
78%; followed by Taiwan, Imports accounted for 16.
85%; Canada's imports accounted for 11.
94%, ranking third
.
From January to April 2017, the top three importing countries (regions) of ethylene glycol in my country were Saudi Arabia, Taiwan’s Jinma Customs Area, and Canada, accounting for 43.
62%, 16.
34%, and 10.
97%, which were basically the same as the previous year.
.
China's ethylene glycol import price trend in 2017 From the perspective of China's ethylene glycol import and export price trend, import prices generally show a downward trend in volatility, while export prices show a trend of first decline and then rise; but overall, the average export price Higher than the average import price
.
Its output and consumption account for about 20% and 50% of the world’s total, respectively.
However, domestic Ethylene glycol is in short supply and needs to be imported in large quantities every year
.
According to the "2017-2022 China Polyethylene Terephthalate (PET) Industry Market Outlook and Investment Strategic Planning Analysis Report" released by the Qianzhan Industry Research Institute, China's ethylene glycol imports have been steadily increasing before 2015 From 327,700 tons in 1998 to 8,728,400 tons in 2015, ethylene glycol imports doubled several times, with an average annual growth rate of 21.
3%.
2016 was the first decline in imports in the past two decades.
This is related to the rapid expansion of China's production capacity; from January to April 2017, China's ethylene glycol imports amounted to 2,788,600 tons, a year-on-year increase of 34.
07%.
It is expected that the annual import volume in 2017 will be between 7.
8-8.
2 million tons
.
China's ethylene glycol country distribution in 2017 From the perspective of the distribution of China's ethylene glycol imports in different countries, the region with the largest import volume in 2016 was Saudi Arabia, which was 3,464,600 tons, accounting for 46.
04% of China's total imports; followed by Taiwan , The import volume and proportion were 1,254,800 tons and 16.
67% respectively.
From January to April 2017, the top two ethylene glycol imports in China were Saudi Arabia and Taiwan’s Jinma Customs District, with imports of 1,205,100 tons respectively.
And 457,600 tons, the proportions of imports were 43.
23% and 16.
42% respectively.
From the perspective of the distribution of import amounts in different countries, in 2016, Saudi Arabia had the largest amount of ethylene glycol imports, accounting for 45.
78%; followed by Taiwan, Imports accounted for 16.
85%; Canada's imports accounted for 11.
94%, ranking third
.
From January to April 2017, the top three importing countries (regions) of ethylene glycol in my country were Saudi Arabia, Taiwan’s Jinma Customs Area, and Canada, accounting for 43.
62%, 16.
34%, and 10.
97%, which were basically the same as the previous year.
.
China's ethylene glycol import price trend in 2017 From the perspective of China's ethylene glycol import and export price trend, import prices generally show a downward trend in volatility, while export prices show a trend of first decline and then rise; but overall, the average export price Higher than the average import price
.
