pure mdi export
in july 2022, china’s pure mdi export volume increased by 54.9% year-on-year and 2.7% month-on-month
according to the latest data released by china customs, in july 2022, china’s pure mdi export volume was 11,861.99 tons, a year-on-year increase of 54.9% and a month-on-month increase of 2.7%. from january to july 2022, china’s cumulative export volume of pure mdi was 77,241.32 tons, a year-on-year increase of 9.2% compared with the cumulative export volume from january to july 2021.
segmentation by export destination, july 2022, brazil, india and the uae, the former chinese pure mdi top three export destinations by export weight. the volume of pure mdi exported to brazil was 1,546 tons, a year-on-year increase of 153.1%, and a month-on-month increase of 16.6%; the volume of pure mdi exported to india was 1,437 tons, a year-on-year increase of 103.2%, and a month-on-month decrease of 15.1%; the volume of pure mdi exported to the uae was 1,347 tons, a year-on-year increase of 181.2% and a month-on-month increase of 354.8%. in july 2022, china’s pure mdi exports to the above three places accounted for 36.5% of the total export volume, and exports to the top ten destinations accounted for 86.3% of the total export volume.
brazil:the main nstream industries of pure mdi in brazil include shoe materials and synthetic leather. among them, the brazilian shoe material industry performed relatively well in the first half of this year. the best-selling shoe material products in brazil are shoe adhesives, uppers, soles and insoles. according to the latest data released by the brazilian footwear association (abicalçados), in the first half of this year, brazil’s footwear exports reached 75 million pairs, with sales increasing by 37.6% year-on-year. export revenue was 651.6 million us dollars, and sales increased by 67.5% year-on-year. haroldo ferreira, executive president of the brazilian footwear association, said that the recovery of export data shows that the industry has recovered from the new crown epidemic. footwear exports are mainly driven by neighboring countries such as the us and chile. imports to the united states, the main destination for brazilian footwear exports, have doubled. brazil’s exports to chile increased by nearly 120% in the first half of the year. earlier this year, he said: “2022 will be the year of recovery for the brazilian shoe industry. the surge in international demand and the transfer of north american purchases from china to brazil, trade frictions and increased shipping costs have increased uncertainty from asian suppliers. sex.”
india: the main nstream industries of pure mdi in india include shoe materials, synthetic leather, and adhesives. according to estimates from indian industry insiders, the indian footwear market is expected to reach us$15.5 billion this year and is expected to grow at an annual rate of 15% until 2030. in addition, on august 30, the government of tamil nadu, india announced the “2022 footwear and leather products preferential policy”, which aims to attract investment of 20 billion rupees and create more than 200,000 jobs. this policy is valid until march 31, 2025 and will be revised periodically. the chief minister of india m.k. stalin stated that the “footwear and leather products policy 2022” provided by the government includes two programs. the first program is to support the production of footwear and leather products (flp), and the second is to support the production of footwear and leather products. development of leather design center. this will benefit the development of the local shoe industry in india from the policy level.
table 1. china’s pure mdi exports to major export destinations in july 2022 and their proportions ( tons, %)
pure mdi import
in july 2022, china’s pure mdi imports will increase by 44.3% year-on-year and 4.5% month-on-month
in july 2022, china’s pure mdi import volume was 6,907.36 tons, an increase of 44.3% year-on-year and a month-on-month increase of 4.5%, the main reason is that the import volume from south korea increased significantly month-on-month. from january to july 2022, china’s cumulative import of pure mdi was 38,423.05 tons, a year-on-year decrease of 2.9% compared with the cumulative import from january to july of 2021.
breakn by import source, in july 2022, china’s pure mdi import source is japan and south korea. among them, the amount of pure mdi imported from south korea was 5,192 tons, a month-on-month increase of 79.0% and a year-on-year increase of 53.6%. the amount of pure mdi imported from japan was 1,709 tons, a decrease of 53.9% from the previous month and a year-on-year increase of 23.4%.
in summary, 2022in july of 2022, china’s net export of pure mdi was 4,954.63 tons, a year-on-year an increase of 72.7%, an increase of 0.4% month-on-month. from january to july 2022, china’s cumulative net export volume of pure mdi was 38,818.27 tons, a year-on-year increase of 24.5% compared with the cumulative export volume from january to july 2021. the domestic net export of pure mdi continued to grow.
