Iron Oxide is a red or crimson amorphous powder. Relative density 5 ~ 5.25, melting point 1565 ℃ (simultaneous decomposition). Insoluble in water, soluble in hydrochloric ACID and sulfuric acid, slightly soluble in nitric acid. Strong covering power and coloring power, no oil permeability and water permeability. Stable in the atmosphere and sunlight, resistant to dirty gas, high temperature and alkali. It is widely used in building materials, coatings, rubber, plastics, papermaking and other fields.
China is a large producer of iron oxide, with large output, many varieties and complete product grades, and occupies an important position in the international market. In 2020, the production capacity of China's iron oxide industry was the same as that in 2019. In 2020, the production capacity of China's iron oxide industry was 800000 tons and the average plant capacity was 18000 tons.
In recent years, due to the tightening of environmental protection policies and the improvement of market requirements for product quality, a large number of iron oxide production enterprises have been closed due to environmental protection failure and low product quality. China's iron oxide production and sales have shown a downward trend as a whole. In 2020, the output of China's iron oxide industry was 540000 tons, a decrease of 40000 tons compared with 2019; The sales volume was 510000 tons, a decrease of 30000 tons compared with 2019, and the production and sales rate was 94.4%.
As the largest producer and consumer of iron oxide, China leads the world in the production of iron oxide red, iron oxide black and iron oxide yellow, accounting for more than 50% of the total global production.
The output of iron red series is 237000 tons, accounting for 46.5% of the total output of iron oxide; The output of iron yellow series is 201600 tons, accounting for 39.5% of the total output of iron oxide; The output of iron black series is 45800 tons, accounting for 9.0% of the total output of iron oxide.
With the changeable epidemic situation and international situation, the increasing pressure of environmental protection and safety regulations, the continuous rise of raw material prices and the weak growth of downstream market, the operating profits of enterprises have been seriously compressed. In 2020, the sales revenue of China's iron oxide industry was 2.86 billion yuan, a year-on-year decrease of 8.7% compared with 3.132 billion yuan in 2019.
The data show that the overall economic operation of China's iron oxide industry is still at a low speed in 2020. In 2019, the market scale of China's iron oxide industry was RMB 1.674 billion, and in 2020, the market scale of China's iron oxide industry was RMB 1.426 billion.
The domestic iron oxide industry market is in a situation of oversupply. From 2017 to 2020, the domestic sales volume of iron oxide in China continued to decline, on the contrary, the inventory continued to increase. In 2019, the domestic sales volume of iron oxide in China was 247000 tons and the inventory was 40000 tons; In 2020, the domestic sales volume of iron oxide in China will be 220000 tons and the inventory will be 50000 tons.
The coating industry is the largest downstream application field of iron oxide. In 2020, the consumption of iron oxide in the coating industry was 85400 tons, accounting for 38.8% of the domestic sales volume; Followed by the building materials industry, the consumption of iron oxide is 58300 tons, accounting for 26.5% of the domestic sales.
2、 Import and export trade
China has become the world's largest country in iron oxide production and trade, and has been deeply integrated into the global industrial chain and supply chain. In 2020, foreign countries were seriously affected by the epidemic, the demand for iron oxide decreased sharply, and the export orders of Chinese iron oxide enterprises also decreased. In 2020, the import volume of China's iron oxide industry was 160400 tons, a decrease of 18000 tons compared with 2019; The export volume was 290600 tons, a decrease of 25000 tons compared with 2019.
In 2019, the import amount of China's iron oxide industry was US $77 million and the export amount was US $288 million; In 2020, the import amount of China's iron oxide industry was US $70 million and the export amount was US $278 million. The average export price of iron oxide in China is much higher than the average import price, and the average import and export price shows a downward trend as a whole.
From the distribution of China's iron oxide export amount in 2020, it is exported to Southeast Asia of US $72.3 million, accounting for 26.0% of the total export amount, and to North America of US $71.03 million, accounting for 25.5% of the total export amount; Exports to Europe amounted to 62.44 million US dollars, accounting for 22.4% of the total export amount.
In 2020, China imported 120100 tons of iron oxide from Asia, accounting for 74.9% of China's total imports; The import amount is 35.8 million US dollars, accounting for 51.0% of the total import amount of the country. 313300 tons of iron oxide were imported from Europe, with an import amount of US $30.94 million.
