Formic Acid Exports data of China - Voleba.com
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Is Formic Acid a good Export? What are its growth prospect ?
Formic Acid export has seen a growth of about 42% in the month of Mar-2018 when compared to Feb-2018 withapprox US XX.X billion of export reported by Indian Custom Export Shipment database.
Total export of Formic Acid, stood at XX.X billion in 2018.In 2018, export of Formic Acid increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Formic Acid : Based on export statistics of past few months, Formic Acid exports is expected to increase in size to US$XX.X billion by Jan 2019
How Profitable is Formic Acid Export Trade ?
Exports Analysis of Prices of Formic Acid Mar 2018 show that fastest groiwing price band is US$ 0.0-1288.09 for Formic Acid and market has a preference for price range between US$ 0.0-1288.09 per ton.
The highest number of quantity was 75.0 Million in the price band US$ 0.0-1288.09, the second highest quantity came under the price band US$ 1288.09-2576.08 with 66.0.
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Does the Profits margin vary in Formic Acid Exports ?
Prices of Formic Acid have fluctuated between $ 0.1 to $ 12,880, during the month of Feb-2018. For a Complete Price trend of a larger period , please order a paid report.
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Which country provides high profits on Formic Acid Exports ?
In Mar 2018, import of Formic Acid to United Kingdom was most profitable ,followed by Germany and Republic of Korea . The above charts shows quantum of Export of Formic Acid at various price points to different countries.
United Kingdom Average Prices for Formic Acid is $ 14.7 Thousand ,Germany is $ 4.7 Thousand and Republic of Korea is $ 4.0 Thousand.
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Where is the export market of Formic Acid products ?
Brazil, Turkey, Japan were the leading Importers of Formic Acid from China with a market share of 22.47% with a exports value of US$ 15.5 Million as per exports details released by China Custom export Database.
Brazil has a market share with 8.3% , followed by Turkey with 7.5% and Japan with 6.67%
Forecast : The UAE most likely will continue to remain China top exports destination by 2017, China is emerging as the second largest imports market leaders , as per the exports details.
Which destination Countries show a healthy growth in Formic Acid exports trade from China ?
| Import Export statistics | ||||
|---|---|---|---|---|
| Country | Growth Rate | Export Value | Avg. Price | Profit Margin |
| Brazil | 8.3% | |||
| Turkey | 7.5% | |||
| Japan | 6.67% | |||
| India | 6.4% | |||
| Saudi Arabia | 5.96% | |||
Brazil, Turkey, Japan, India, Saudi Arabia were the fastest growing Importers of Formic Acid from China The growth rate of Brazil is 8.3% , Turkey is 7.5% and Japan is 6.67% , as per imports shipping bills filed with China Custom.
The exports statistics on left show Growth rate and average price of Formic Acid exports to the Brazil, Turkey, Japan, India, Saudi Arabia as of Mar 2018.
Forecast : The UAE most likely will continue to remain China top exports destination by 2017, China is emerging as the second largest exports market leaders , as per the imports details.
Which Ports in China, handle maximum amount of Formic Acid trade from China ?
As per Voleba export Data bank, Jinan is the leading exports port for Formic Acid goods , It handled 33.15% of the country’s Formic Acid cargo. This port handled roughly US$ 22.9 Million worth of exports in 2,017.
Qingdao comes seccond and it handled 27.18% of the country’s Formic Acid exports products. This port handled roughly US$ 18.7 Million worth of exports in 2,017. Nanning comes third in the rank and it handled 11.32% of the country’s Formic Acid exports items. This port handled roughly US$ 7.8 Million worth of exports in 2,017.
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