Development status of China's dioctyl phthalate (DOP) industry in 2022

1. Industrial chain

Dioctyl phthalate (DOP), an organic ester compound, is a common plasticizer. The main reaction in the production of dioctyl phthalate (DOP) is esterification reaction, that is, under the condition of catalyst and heating, phthalic anhydride and octanol produce dioctyl phthalate and water. Dioctyl phthalate is an important general plasticizer. It is mainly used for the processing of polyvinyl chloride resin, but also for the processing of high polymers such as chemical fiber resin, acetic acid resin, ABS resin and rubber, and also for paint making, dyes and dispersants.

2. Yield

By the end of 2021, there were 25 manufacturers of dioctyl phthalate (DOP) in China. In 2021, China's total output of dioctyl phthalate (DOP) was 1.2881 million tons, a year-on-year decrease of 6.5%. The monthly output of the whole year was basically the same.

3. Import and export situation

In 2021, China's import dependence on dioctyl phthalate (DOP) will increase. In 2021, China's import of dioctyl phthalate (DOP) was 38143.17 tons, with a year-on-year increase of 140.6%; The import amount was US $67.1437 million, with a year-on-year increase of 336.8%.

In 2021, China's DOP import sources are mainly concentrated in Taiwan, China, Malaysia and South Korea. The import volume was 26196.73 tons, 6409.55 tons and 4535.56 tons respectively; The import amount was 4600.18 US dollars, 1090.54 US dollars and 768.99 US dollars respectively.

According to the export of dioctyl phthalate (DOP), in 2021, the export volume of China's dioctyl phthalate (DOP) was 329.9036 million tons, with a year-on-year increase of 106.5%; The export value was US $56.9793 million, with a year-on-year increase of 242.4%.

In 2021, the top 3 destinations of China's dioctyl phthalate (DOP) (29173200) exports were Vietnam, Egypt and Indonesia, with the export volume of 4686.21 tons, 3765.20 tons and 3614.00 tons respectively, and the export amount was US $7.7542 million, US $6.6195 million and US $5.7869 million respectively. In addition, Taiwan, China, Australia, North Korea, Malaysia, Cote d'Ivoire, Mexico and Bangladesh ranked in the top 10.

4. Apparent consumption

DOP is mainly used to produce PVC plastic soft products. The main consumption fields are PVC film, PVC artificial leather, plastic shoes, wires and cables, etc., accounting for almost 80% of DOP consumption. In recent years, China's apparent consumption of DOP has shown a downward trend. In 2021, the apparent consumption of dioctyl phthalate (DOP) in China was 1.2932 million tons, a year-on-year decrease of 6.1%.

5. Price of dioctyl phthalate (DOP)

In 2012, the price of dioctyl phthalate (DOP) in China reached 12978 yuan / T, which has been falling rapidly for three consecutive years since 2013. From 2016 to 2020, it has risen for two consecutive years and declined for two consecutive years. In 2020, the price of China's DOP returned to the era of 10000 yuan, reaching 10339 yuan / T, a year-on-year increase of 40%. In 2021, the price dropped slightly, reaching 9801 yuan / T.

From January to July 2022, the price of dioctyl phthalate (DOP) in China showed an inverted "V" shape trend, rising first and then falling. In July 2022, the price of dioctyl phthalate (DOP) was 8791 yuan / ton; The year-on-year growth rate was - 43.77%, which was lower than the average value of 35.959%, and the growth rate was under pressure.

From the perspective of the average import and export price of dioctyl phthalate (DOP) (29173200), the average import and export price of China's dioctyl phthalate (DOP) (29173200) in 2021 increased compared with that in 2020. The average import price was 1760.31 US dollars per ton, an increase of 790.73 US dollars per ton compared with that in 2020; The average export price was 1727.15 US dollars / ton, an increase of 685.30 US dollars / ton over 2020.