According
to data from China Customs, export share of top two sucralose producers in
China, named JK Sucralose Inc. (JK Sucralose) and Changzhou Niutang Chemical
Plant Co., Ltd. (Changzhou Niutang) respectively, witnessed an obvious increase
in Jan.-Nov. 2013. In detail, the export volume of sucralose by top two
sucralose producers was over 1,000 tonnes in the first eleven months of 2013,
accounting for 58% of the total export volume in China. The export share was
higher than that of 53% in Jan.-Nov. 2012, showing that export concentration
saw an increase in 2013.
In fact,
compared with most sucralose producers in China, sucralose's price advantage is
a key reason for JK Sucralose and Changzhou Niutang capturing more export
share. JK Sucralose and Changzhou Niutang were the only two sucralose producers
in China with capacity of over 1,000t/a in 2013. In general, larger capacity
means lower production cost, as a result, both of JK Sucralose and Changzhou
Niutang have the ability to keep export price of their products lower than the
other producers' and improve its products' competitiveness.
In
addition, it is estimated that there is a strict quality control mangement at
JK Sucralose and Changzhou Niutang compared to other domestic producers'. For
example, according to Ji'an Entry-Exit Inspection and Quarantine Bureau, five
batches of sucralose products by a main sucralose producer in Ji'an city,
Jiangxi province were returned in 2013 due to quality problem. Based on this,
it is not hard to estimate the difference in quality between the two top
producers and other producers in China.
Product
with high-quality and low-price is beneficial for JK Sucralose and Changzhou
Niutang to attract more attentions from overseas downstream enterprises. Export
volume of China's sucralose increased by 360 tonnes in the first eleven months
of 2013 compared with the same period of 2012, therefore, the increase of 273
tonnes was produced by the top two producers. Naturally, large increase in
export volume of top two producers resulted in their export share increase in
China's sucralose export.
Export
share increase of top two sucralose producers in China may be a negative
message for the existing sucralose producers at present and new sucralose
entrants in the near future. Because of the good prospect of China's sucralose,
investment in domestic sucralose industry became overheating in recent years,
with a sharp increase in national capacity of sucralose at the same time. And
it is predicted that total capacity of sucralose in China will continue to show
a significant increase in following years. However, the more export share the
top two producers enjoy, the less export share the remaining sucralose
producers in China can share. As an export-oriented industry, less export share
means that the competition among the remaining sucralose producers in China
will become more fierce in the near future.
Shandong
Longlive acquires financial subsidies and special funds
MOA issues
Approved Feed Additives (2013)
Shandong
Fuyang's project of maltose and trehalose starts trial run
Guilin
layn to increase capacity of plant extracts
China's
maltodextrin: ex-works price changes little in 2013
FOS &
GOS to benefit more from domestic diary industry in future
Domestic
ex-factory price of tripotassium glycyrrhizinate keeps at high level in 2013
Shandong
Bailong may explore overseas market in 2014
PureCircle
to continue benefiting from innovations following GRAS Affirmation for Reb M
JK
Sucralose and Thomson Biotech issue disclaimers on online sales successively
Opposite
export performance of Changzhou Niutang in June-Nov. 2013 compared with in
Jan.-May
Export
overview of some sweeteners and raw materials in China, December 2013
China's
sorbitol: overseas demand turns strong and export price up in July-Nov. 2013
China's
sucralose export: export share of top two exporters increases in Jan.-Nov. 2013
Performance
of China's sucrose industry at beginning of 2013/2014-an overview
Ex-factory
prices of sweeteners in China in January 2014
Sweeteners
China News, issued
by CCM on 5th every month, offers timely update and close follow-up
of market and company dynamics based on China’s sweeteners industry. It also
releases the latest information on raw material supply, price update, import
& export analysis as well as consumption trend & competitiveness.
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.
Guangzhou
CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606
No comments:
Post a Comment