Analysis of import and export data of the polyester industry chain in May 2023

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June 21, 2023, 11:59 AM

According to customs statistics, in May 2023, PTA imports were 517.11 tons and exports were 456820.45 tons. The import of ethylene glycol was 503885.54 tons and the export volume was 3590.62 tons. The total import volume of polyester is 50500 tons and the total export volume of polyester is 870900 tons.

Summary of import and export data of China's polyester industry chain (unit: 10,000 tons)

Polyester products	Import volume	Total imports from January to May	Export volume	Total exports from January to May
PTA	0.052	1.80	45.68	168.56
Glycol	50.39	247.09	0.36	4.13
Polyester chip	3.36	14.43	7.22	29.95
Polyester bottle chip	0.45	2.16	33.89	191.29
Polyester filament	0.53	2.45	36.17	172.07
Polyester staple fiber	0.71	3.56	9.81	50.46

According to customs statistics: in May 2023, the monthly import of PTA was 517.11 tons, down 81.46% from the previous month; in May, the monthly export volume of PTA was 456820.45 tons, an increase of 46.71% over the previous month.

Statistics of China's PTA Import and Export data
Import (in tons, US dollars / ton)		Export (in tons, US dollars / ton)
Current month's import volume	517.11	Monthly export volume	456820.45
Cumulative import volume	18021.78	Cumulative export volume	1685616.49
Average import price in the current month	333.01	Average export price in the current month	821.52
Import volume month-on-month	-81.46%	Export volume month-on-month ratio	46.71%
Import volume compared with the same period last year	-64.63%	Export volume compared with the same period last year	46.76%
Cumulative import volume compared with the same period last year	254.43%	Cumulative export volume compared with the same period last year	1.14%

According to customs statistics, the import volume of ethylene glycol in May 2023 was 503885.54 tons, with a cumulative import volume of 2470949.54 tons. The average import price in that month was 515.23 US dollars / ton. The import volume rose 17.72% from the previous month, down 8.66% from the same period last year.

According to customs statistics, China exported 3590.62 tons of ethylene glycol in May 2023, with a cumulative export volume of 41344.85 tons, with an average monthly export price of US $647.47 per ton, a month-on-month drop of 33.84% and a year-on-year drop of 20.65%.

According to customs statistics, the import of polyester chips in May 2023 was 33600 tons, an increase of 10.89%. From January to May, imports totaled 144300 tons, down 5.5 percent.

According to customs statistics, the export volume of polyester chips from China in May 2023 was 72200 tons, an increase of 9.89%. From January to May, exports totaled 299500 tons, down 9.38 percent.

According to customs statistics, the import of polyester bottle chips was 4500 tons in May 2023, with an average import price of 1776.12 US dollars per ton, an increase of 1000 tons over the previous month and a decrease of 7.87 per cent compared with the same period last year.

According to customs statistics, the export of polyester bottle chips in May 2023 was 338900 tons, with an average price of 976.54 US dollars per ton. The export volume decreased by 36600 tons compared with the previous month and 26.00% compared with the same period last year.

In May 2023, China imported 5,346.32.87 tons of polyester filament, an increase of 470.45 tons, or 9.64 percent, over the previous month. The average import price was 2571.19 US dollars per ton, down 340.85 US dollars from the previous month. From January to May, imports totaled 24487.69 tons, down 13908.4 tons, or 36.22 percent, compared with the same period last year.

In May 2023, China exported 361652.69 tons of polyester filament, an increase of 26233.52 tons, or 7.82 percent, over the previous month. The average export price was US $1309.83 per ton, down US $18.79 from the previous month. From January to May, exports totaled 1720736.07 tons, an increase of 407250.16 tons or 31.01 percent over the same period last year.

In May 2023, China imported 7100 tons of uncombed polyester staple fiber (primary + recycled), a decrease of 700 tons or 9.86% compared with the previous month. The cumulative import volume from January to May was 35600 tons, a decrease of 1900 tons, or 5.07%, compared with the same period last year.

In May 2023, China exported 98100 tons of uncombed polyester staple fiber (primary + recycled), a decrease of 7900 tons, or 7.45%, from the previous month. The cumulative export volume from January to May was 504600 tons, an increase of 100700 tons, or 8.76 percent, over the same period last year.