Original title: Analysis of China's butadiene production capacity, import, export and consumption status in 2021, import dependence is decreasing year by year "Figure"
1. Analysis of China's butadiene market supply and demand status
1, production capacity and output
In recent years, with the With the continuous development of the ethylene industry and the increase in downstream demand, the production capacity of my country's butadiene industry has grown steadily. According to statistics, as of 2021, my country's butadiene production capacity has increased to 5.421 million tons/year.
China's butadiene production capacity from 2016 to 2021
Source: Compilation of public information
In terms of production, my country's butadiene production increased year by year from 2016 to 2020. In 2020, the production reached 3.2095 million tons, a year-on-year increase of 9.67%. As of 2021, my country Butadiene output was 2.9812 million tons, a year-on-year decrease of 7.11%.
China's butadiene production and growth rate from 2016 to 2021
Source: Compilation of public information
2, import and export
my country is a net importer of butadiene. As new domestic production capacity continues to emerge, butadiene imports will increase in 2021 The annual decline was obvious, with import volume reaching 240,800 tons, a year-on-year decrease of 45.52%, and export volume reaching 154,300 tons. As of January to April 2022, my country's butadiene import volume was 46,600 tons, a year-on-year decrease of 59.9%, and its export volume was 12,800 tons, a year-on-year decrease of 63.01%.
my country’s butadiene import and export volume statistics from 2015 to April 2022
Source: China Customs, compiled by Huajing Industrial Research Institute
In terms of import and export amounts, according to statistics, as of January to April 2022, my country’s butadiene import amount is The export value was US$0.43 billion, a year-on-year decrease of 61.99%, and the export value was US$12 million, a year-on-year decrease of 68.24%.
my country’s butadiene import and export statistics from 2015 to April 2022
Source: China Customs, compiled by Huajing Industrial Research Institute
Judging from the distribution of import volume from my country’s butadiene import sources, my country’s main imports of butadiene in 2021 The regions are Iran , South Korea, Singapore , the Netherlands and Taiwan China. The top five regions accounted for 76.15% of the total import volume.
Import volume distribution of China's butadiene import sources in 2021 (unit: %)
Source: China Customs, compiled by Huajing Industrial Research Institute
In terms of export destination, my country's butadiene is mainly exported to South Korea, and the export volume in 2021 is 135,000 tons, accounting for 87.45%, with a small amount exported to Taiwan, Mexico, and other regions.
Export volume distribution of China’s butadiene export destinations in 2021 (unit: %)
Source: China Customs, compiled by Huajing Industrial Research Institute
As new domestic production capacity continues to emerge, butadiene’s import dependence is decreasing year by year. , my country’s butadiene import dependence will drop to 6.66% in 2021.
China's butadiene import dependence from 2012 to 2021
Source: China Customs, compiled by Huajing Industrial Research Institute
3, price trend
In 2021, the development of the domestic butadiene industry will have an unprecedented good year. In the first half of the year, with the new crown epidemic After the epidemic eased, the domestic market gradually returned to normal, and the market fluctuated upwards stimulated by the centralized maintenance of equipment. In July, the price rose to the highest point of the year of 11,272 yuan/ton.
China's butadiene price trend from 2020 to 2022
Source: Compilation of public information
4, downstream demand status
China's butadiene consumption has maintained an increasing trend from 2016 to 2020, and market demand is relatively optimistic. my country's butadiene table in 2021 The demand has declined, with demand reaching 3.0749 million tons, a year-on-year decrease of 15.65%.
China's apparent butadiene consumption and growth rate from 2016 to 2021
Source: China Customs, compiled by Huajing Industrial Research Institute
Butadiene downstream products are mainly cis-butadiene rubber , styrene-butadiene rubber , ABS, SBS, styrene-butadiene latex, nitrile rubber , nitrile latex and SEBS, the application proportions are 30%, 20%, 16%, 14%, 8%, 4%, 3% and 3% respectively.
my country’s butadiene downstream application situation (unit: %)
Source: Compilation of public information
2. Analysis of the competitive landscape of China’s butadiene industry
As of the end of 2021, there are more than 30 butadiene production companies in my country. Among the major diene production enterprises, Sinopec includes Yangzi Petrochemical, Maoming Petrochemical , etc., PetroChina includes Fushun Petrochemical, Sichuan Petrochemical, etc., and joint ventures include Yangzi Sbaf ( Sinopec and Sbaf joint venture) , Zhenhai Refining and Chemical (a joint venture between Sinopec and Lyondell), etc. Other state-owned enterprises include Northern Huajin , Sinochem Quanzhou Petrochemical , etc., and private enterprises include Zhejiang Petrochemical, Sailbon Petrochemical , etc.
China's butadiene production capacity distribution in 2021 (unit: %)
Source: Compilation of public information
Original title: Analysis of China's butadiene production capacity, import, export and consumption status in 2021, import dependence is decreasing year by year "Figure"
Huajing Industrial Research Institute conducted an in-depth analysis of the development status of China's butadiene industry, the industry's upstream and downstream industrial chains, competition patterns and key enterprises, minimizing the risks and operating costs of enterprises investing in , and improving the competitiveness of enterprises; And use a variety of data analysis technologies to predict industry development trends, so that companies can seize market opportunities in a timely manner; for more details, please pay attention to the "2022-2027 China Butadiene Industry Market Depth" published by Huajing Industrial Research Institute Analysis and Investment Planning Proposal Report".
