Market Research of Sorbitol in China

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1 Market Research of Sorbitol in China The First Edition May

2 Contents Executive summary... 1 Introduction and methodology Sorbitol Production, Technology Price, Import and export, Consumption, Forecast on supply and demand LIST OF TABLES Table Production of major sorbitol producers in China, Table Production of major sorbitol producers in China, Table Monthly imports and exports of sorbitol in China, 2017 Table Top 20 export destinations of China's sorbitol, 2017 Table Top 10 import origins of China's sorbitol, 2017 Table Consumption volume of sorbitol by application field in China, , tonne LIST OF FIGURES Figure Capacity and output of sorbitol in China, Figure Share of sorbitol capacity in China by region, 2017 Figure General production routes of sorbitol adopting hydrogenation method in China Figure Annual ex-works price of 70% syrup sorbitol in China, Figure Monthly ex-works price of 70% syrup sorbitol in China, Jan Dec Figure Annual ex-works price of crystalline sorbitol in China, Figure Monthly ex-works price of crystalline sorbitol in China, Jan Dec Figure China's export volume of sorbitol, Figure Monthly exports of sorbitol from China, 2017 Figure Monthly imports of sorbitol to China, 2017 Figure Share of sorbitol consumption by application field in China,

3 1. Introduction This report focuses on the market of sorbitol in China in terms of production, price, import & export and consumption. It attaches importance to the following parts: - Production of sorbitol in China, Major sorbitol producers and their distribution in China, Monthly ex-works price of sorbitol in China, Import and export analysis of sorbitol in China, Consumption of sorbitol, Forecast on supply and demand of sorbitol 2. Methodology and source This report is based on data sourced by diverse methods, which are listed as follows: - Desk research Desk research includes access to published magazines, journals, government statistics, industry statistics, customs statistics, association seminars as well as information on the Internet. Much work has gone into the compilation and analysis of the information obtained. When necessary, information has been checked and discussed internally related to market structure and performance characteristics, such as key producers, key end users, production levels, demand from end users. - Telephone interview has conducted extensive telephone interviews with major participants in the industry in order to research the sorbitol market in China. The interviewees include the following groups: Key producers Key end users Key traders Raw material suppliers Associations involved Industry experts - Network search employs network to contact industry participants by using B2B websites and software. - Data processing and presentation The data collected and compiled was variously sourced from: 's database Published articles from periodicals, magazines, journals and third-party databases 2

4 Statistics from governments and international institutes Telephone interviews with domestic producers, joint ventures, service suppliers and government agencies Third-party data providers Customs statistics Comments from industrial experts Professional databases Information from the Internet When necessary, questionnaires would be designed to be well informed of the market situation of sorbitol (including but are not limited to its production, supply and consumption) for the purpose of gathering information from relevant personnel in the industry. Consumption volume of sorbitol in different application fields were analysed and calculated based on obtained information by using method and principle in statistics. The data has been combined and cross-checked to ensure that this report is as accurate and methodologically sound as possible. Throughout the process, a series of discussions were held within to systematically analyse the data and draw appropriate conclusions. - Units and abbreviations RMB: currency unit in China, also called Yuan USD: currency unit in the US, also called US dollar tonne: equals to metric ton in this report t/a: tonne per annual, tonne per year /t: per tonne CAGR: compound annual growth rate 3

5 3. Executive summary China's sorbitol market experienced great changes in the past ten years, whether in terms of production or consumption. In , the capacity and output of sorbitol both increased rapidly due to strong market demand and low market threshold for producers. In , a few new capacities were added to the sorbitol industry. The output of sorbitol fluctuated with the changes of the price of corn (the raw material of sorbitol) and demand from downstream industries, such as vitamin C and toothpaste. The preparation technology of liquid sorbitol is relatively mature. More attention has been paid to the extraction technology of crystalline sorbitol and improvement of its physical properties, like moisture absorption control and particle size distribution. In 2017, the export volume of sorbitol increased a lot. While sorbitol imported to China was crystalline sorbitol for pharmaceutical uses. The consumption of sorbitol is mainly influenced by demand from downstream industries and price changes of sorbitol. Different application fields of sorbitol had witnessed various increases in sorbitol consumption in During , the national consumption volume of sorbitol was relatively unstable, which enjoyed increase, but also suffered decrease. 4

6 4. What is in the report? Note: Key data/information in this sample page is hidden, while in the report it is not. 1.1 Production, Figure Capacity and output of sorbitol in China, Table Production of major sorbitol producers in China, No. English name Abbreviation Location Status '17 Capacity, t/a Output, tonne Shandong Tianli Shandong Province Active XXX XXX XXX XXX XXX XXX.. 15 Nanning Chemical Active XXX XXX XXX XXX XXX XXX.. Total XXX XXX XXX XXX XXX XXX 5

7 Figure Share of sorbitol capacity in China by region,

8 1.2 Technology Figure General production routes of sorbitol adopting hydrogenation method in China 7

9 1.3 Price, Figure Annual ex-works price of 70% syrup sorbitol in China, Figure Monthly ex-works price of 70% syrup sorbitol in China, Jan Dec

10 1.4 Import and export, 2017 Figure China's export volume of sorbitol, Source: China Customs, Table Monthly imports and exports of sorbitol in China, 2017 Month Import volume, tonne Import value, USD Export volume, tonne Export value, USD Jan. XXX XXX XXX XXX Dec. XXX XXX XXX XXX Total XXX XXX XXX XXX Source: China Customs, Table Top 20 export destinations of China's sorbitol, 2017 No. Country/Region Export volume, tonne Export value, USD 1 Thailand XXX XXX Source: China Customs, 9

11 1.5 Consumption, Table Consumption volume of sorbitol by application field in China, , tonne Year Confection Baked food Beverage Injection Vitamin C Other pharmaceuticals Toothpaste Industrial surfactants Rigid polyurethane foam Cosmetic Others Total 2010 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 2017 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX 10

12 Figure Share of sorbitol consumption by application field in China, If you want more information, please feel free to contact us. Tel: Fax:

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