Thursday, May 9, 2013

CCM anticipate China's TiO2 export volume to increase in 2013


Judging either from the production scale or the actual production output, China’s titanium dioxide has grown significantly in recent years and China has become one of the most important TiO2 producers in the world. CCM’s experts focus closely on China’s TiO2 market and have their unique perspectives about the development of this industry. With professional market investigations and accurate data, CCM will provide the most impartial, reliable and scientific consultancy service.

According to the TiO2 branch of the Chemical Industry Productivity Promotion Centre of China, the 2012 TiO2 output in China was 1.89 million tonnes, a YoY growth of 7.7% compared to the 1.76 million tonnes (after adjustment) in 2011. In 2012, the TiO2 export volume to the US, Brazil, India and the ASEAN-5 were 77,000 tonnes, 63,000 tonnes, 58,000 tonnes and 147,000 tonnes, increasing by 15.29%, 34.97%, 11.99% and 19.84%, respectively, compared to that in 2011. According to World Bank, the global economic growth is expected to come in at a relatively weak 2.4 percent in 2013, which is better than that in 2012. GDP growth in developing countries is projected to rise to 5.5% in 2013, due to improved financial conditions, a relaxation of monetary policy and stronger high income country growth. GDP growth in high income countries is projected to expand a mediocre 1.3%. Growth should begin firming during 2013. As a result, we anticipate China's TiO2 export volume to increase in 2013.

On the other hand, more than half of China's TiO2 is used in the coatings industry. Furthermore, architectural coatings accounts for 30%–40% of total coatings output in China. Architectural coatings consumption depends on the real estate market. After it entered H2 2012, real estate enterprises showed more initiative to stock up land than in H1 2012, indicating real estate enterprises consider 2013 to be more optimistic than 2012. Low interest rates along with fixed asset investment and resurgence of the whole economy will together raise the YoY growth rate of 2013 social construction starts to 8%. The amount invested in the real estate industry in 2013 is projected to rise by 17.5%. With the gradually improving real estate market, architectural coatings demand will likely increase and push up TiO2 consumption. Thus, we expect 2013 TiO2 output to increase by 10%–15%.

Titanium dioxide export analysis published by CCM will provide clients indentify export situation with exclusive research methods, to offer the target products’ export volume, price, time, source/destination countries, specification, application, the information of exporters, manufacturers, etc.,so as to help customers predict the future of TiO2 industry in China and make wise business decision.

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CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and consultancy service. 

For more information, please visit http://www.cnchemicals.com.

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