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Briefing on the Imports and Exports of Acrylic Polymers

Briefing on the Imports and Exports of Acrylic Polymers2019.06.06

Acrylic polymers are a group of polymers noted for their transparency, resistance to breakage, and elasticity. They are also commonly known as acrylics or polyacrylates. According to the ITC data, the exports and imports of acrylic polymers (HS 3906 acrylic polymers, in primary forms) have both been increased in the recent years, and China is the largest market of acrylic polymers.


In the past five years, the world’s export and import of acrylic polymers seen a steady increase. The export of acrylic polymers in 2018 has reached to 7,816,634 MT, seeing a 3.4% YoY growth, while the import of acrylic polymers in 2018 amounted to 7,791,504 MT, seeing a 5.5% increase compared to last year.



(Data Source: ITC)


Major Acrylic Polymers Exporters


Germany is the number one acrylic polymers exporter in 2018 with the export quantity at 998,160 MT, and the export value accounting for 13% of the world’s export value. South Korea and France are the second and third largest acrylic polymers exporter in terms of export quantity, while United States and South Korea are the second and third exporter in the perspective of export value.


(Data Source: ITC)

(Data Source: ITC)
 
Major Acrylic Polymers Importers


China is the largest importer of acrylic polymers in 2018 with the import quantity at 1,033,000MT and the import value accounting for 15.6% of the world’s import value, followed by Germany and United States as the second and third importer of acrylic polymers.



(Data Source: ITC)



(Data Source: ITC)

 
China’s Acrylic Polymers Import


Acrylic polymers imported by China in the past five years have also showed a steady increase, rising from 747,343MT in 2014 to 1,033,000 MT in 2018.


(Data Source: ITC)


China imports acrylic polymers from Asia, America and Europe. South Korea is the largest acrylic polymers exporter to China with the export weight at 286,010 MT while the value accounting for 24.4% of China’s total import value in 2018, followed by Japan, Taipei (China), Singapore, Malaysia , United States, etc. 


(Data Source: ITC)


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