HENAN JINHE INDUSTRY CO.,LTD

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HENAN JINHE INDUSTRY CO.,LTD

 [Henan,China]

Business Type:Manufacturer , Distributor/Wholesaler , Agent , Trade Company

Main Markets: Africa , Asia , East Europe , Middle East , Oceania , Worldwide , Americas , Caribbean , Other Markets , West Europe

Exporter:71% - 80%

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Home> Blog> Analysis of Import and Export Data of China's Paste Resin in the First Quarter

Analysis of Import and Export Data of China's Paste Resin in the First Quarter

May 06, 2023

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According to the latest statistical data from customs, in March 2023, China imported 4800 tons of paste Resin, a month on month increase of 4.72% and a year-on-year decrease of 41.72%; The export of that month reached 12600 tons, a month on month increase of 17.41% and a year-on-year increase of 86.89%. It is understood that downstream product enterprises in China started construction generally in March, but domestic demand did not show a significant improvement. PVC Paste Resin manufacturers actively sought export relief pressure. In addition, February is during the Spring Festival holiday, and some export orders have been postponed to March, supporting the active export market of paste resin. After entering April, the domestic market for paste resin fluctuated and declined, with a more significant decline in the prices of bulk materials. Foreign demand weakened, and the export market for paste resin also faced certain pressure.

From January to March 2022, China imported 13200 tons of paste resin, a decrease of 31.45% compared to the same period last year; Accumulated exports reached 36100 tons, a significant increase of 115.25% compared to the same period last year.

According to the statistics of import sources, the paste resins in China mainly came from Taiwan, China, Germany and Thailand in the first quarter of this year, accounting for 36.11%, 20.41% and 18.03% respectively. According to the statistics of export destinations, they are currently mainly sold to Russia, India and Türkiye, accounting for 48.57%, 27.83% and 3.97% respectively.

From the perspective of trade methods, China's import of paste resin is mainly based on general trade and imported material processing trade. From January to March, the general trade import volume was 7100 tons, accounting for 53.73% of the total import volume, while the imported material processing volume was 4800 tons, accounting for 36.28% of the total import volume. China's export of paste resin is mainly based on general trade, with a general trade export volume of 31400 tons in the first quarter, accounting for 87.04% of the total export volume.

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Author:

Ms. Yolanda

E-mail:

info@jinhetec.com

Phone/WhatsApp:

+8613298161700

Popular Products
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