A brief analysis of China’s polymeric MDI import and export from January to February 2021: the export volume in February increased by 103.4% year-on-year

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January-February 2021, The export volume of China's aggregated MDI increased by 78.5% year-on-year, among which, the export volume in February increased by 103.4% year-on-year. In the first two months, the quantity of aggregated MDI exported to the Netherlands and the United States increased by as much as 923.7% and 248.9% year-on-year respectively. This is mainly due to the fact that American MDI manufacturers were affected by the local cold weather in February, and their equipment was shut down to reduce production. See analysis and data below for details.

2021 January-February Chinese aggregationMDIExport volume:

2021year From January to February, China's export volume of polymeric MDI was 156,545.44 tons, a year-on-year increase of 78.5% compared to January-February 2020. Among them, in February 2021, China's export volume of polymeric MDI was 90,692.81 tons, a year-on-year increase of 103.4% compared to February 2020.

Segmentation by export destination, From January to February 2021, the Netherlands, the United States and India are the top three export destinations of China's aggregated MDI (by export weight). Among them, the quantity of polymeric MDI exported to the Netherlands increased by 923.7% year-on-year, the quantity of polymerized MDI exported to the United States increased by 248.9% year-on-year, and the quantity of polymerized MDI exported to India increased by 7.6% year-on-year.

Table 1. 2021 year1-2Month China PolymerMDIExport destination (top ten), export quantity, export amount and export unit price

Data source: China Customs39093100MDIImport quantity and import value.

TOP3 proportion

97.1%

95.1%

Data source: China Customs39093100MDIImport quantity and import value.