1、 Upstream end analysis: raw salt
Raw salt is the most important raw material for preparing Caustic Soda. China is rich in raw salt resources, which provides guarantee for the development of caustic soda industry. As China's environmental protection policy is increasingly strict and the supply-side reform continues to advance, the output of raw salt is also gradually reduced. According to the data, China's raw salt production plummeted to 53.641 million tons in 2020; In 2021, China's crude salt output will fall to 51.546 million tons, down 3.9% from 2020.
2、 Caustic soda output
As an important basic chemical raw material, caustic soda can be divided into liquid caustic soda and solid caustic soda in form. At present, domestic caustic soda production process is mainly ionic membrane method. China is the world's largest producer and consumer of caustic soda. According to the data, the domestic caustic soda production increased slowly from 2016 to 2021. In 2021, the operating load of caustic soda plant reached a new high in recent years, the domestic epidemic prevention and control normalized, and the production of caustic soda enterprises was basically normal. The output of caustic soda in China was 38913000 tons, up 6.8% year on year.
3、 Caustic soda capacity
The downstream application of caustic soda is extensive. According to the latest statistics of China Chlor-Alkali Network, in 2021, 4 caustic soda enterprises in China will be added and 4 will be withdrawn, and the number of enterprises will remain 158, distributed in provinces, autonomous regions and municipalities directly under the Central Government except Beijing, Hainan, Guizhou and Tibet. According to data, the capacity of caustic soda has continued to grow in recent years. In 2021, the capacity of domestic caustic soda industry will be 44.515 million tons.
4、 Demand for caustic soda
Domestic caustic soda is mainly used in alumina, paper making, textile, Detergent, medicine, Water Treatment and food processing. The consumption field basically covers all fields of "clothing, food, housing and transportation" of national life. The consumption field is closely related to national life. With the continuous growth of the national economy, the demand of the downstream caustic soda industry continues to increase. In 2021, the demand of China's caustic soda will reach 37.5447 million tons, an increase of 2.112 million tons compared with 2020, The year-on-year increase was 5.96%.
5、 Downstream application fields
The downstream consumption of caustic soda in China is mainly concentrated in the eastern and southern regions, while the consumption demand in the western regions is limited. Among them, Shandong is the main production area of caustic soda and also the consumption concentration area. Due to the geographical location in the eastern coastal area, it is convenient to import raw materials and export downstream products, and the downstream industry of caustic soda is relatively mature. The downstream development of caustic soda in the western region is weak, and most of the local liquid caustic soda needs to be processed into solid caustic soda for long-distance export. At present, the demand for alumina accounts for 32%, the chemical industry accounts for 16%, the paper industry accounts for 12%, the textile printing and dyeing industry accounts for 11%, the light industry accounts for 7%, and the oil, military and other fields account for 22%.
6、 Downstream end analysis
The downstream application of caustic soda is extensive, among which alumina is the industry with the largest demand. In recent years, the rapid development of China's construction industry and transportation industry has increased the demand for alumina in China, which has driven the continuous growth of the demand for caustic soda in China. According to data, China's alumina output in 2021 will be 77.475 million tons, up 5.9% year on year.
7、 Import
From the perspective of imports, the import volume and import amount of caustic soda in China showed an overall upward trend from 2016 to 2019. Affected by the global epidemic, the import volume and import amount decreased in 2020. In 2021, the import volume of caustic soda in China will be 54700 tons, with a year-on-year increase of 25.5%; The import value was 22.6 million US dollars, up 38.2% year on year.
8、 Exports
From the perspective of exports, China's caustic soda exports and exports are in a downward trend from 2016 to 2020. According to the data, the export of sodium hydroxide in China will improve in 2021, with the export volume of 1483800 tons, up 28.5% year on year; The export value was 4338 million US dollars, up 38.4% year on year.
