Part1 Export
The export volume of my country's mainstream refrigerant products in the first three quarters of 2023 showed a downward trend compared with the same period last year. According to data from the General Administration of Customs, as of September, in addition to the cumulative export volume of refrigerant R22 that increased by 11.81% compared with the same period last year, the cumulative export volume of HFCs products has declined compared with the same period in 2022, among which the cumulative export volume of refrigerant R125/143a The export volume was 17.88 thousand tons, a decrease of 27.28% compared with the same period in 2022. The cumulative export volume of refrigerant R410a was 66.96 thousand tons, a decrease of 15.25% compared with the same period last year. The positive support of exports for refrigerants has weakened compared with the same period last year.
In the first three quarters, the top three export trading partners were India, Thailand, and the Netherlands, with a total export volume of 16.69 thousand tons, accounting for 47% of the total export volume. Judging from the distribution of TOP3, refrigerant R32 is widely used in developing countries and has a large market demand. However, in developed countries, with the continuous advancement of HFCs quota reduction process and some North American regions due to safety considerations of its weak flammability, Overall demand has narrowed. Judging from the comparison with the same period last year, the export volume to India was 7.21 thousand tons, an increase of 22.99% compared with the same period in 2022, while the export volume to Thailand and the Netherlands both showed a decrease compared with the same period in 2022, with the Netherlands decreasing by 12.86%.
In the first three quarters, single-substance R32 exports were mainly from Zhejiang Province, Shandong Province, and Jiangsu Province, with a total export volume of 33.21 thousand tons, accounting for 93.10% of the total export volume. my country's refrigerant R32 production companies are mainly concentrated in East China, including Zhejiang Juhua, Shandong Dongyue, Jiangsu Meilan, and Sanmei Co., Ltd. Judging from the comparison with the same period in 2022, Zhejiang Province's export volume during the year fell by 24.91% compared with the same period, and the decline was more obvious. The main reason for the decline in Zhejiang Province's export volume compared with the same period is that due to the impact of the base year of HFCs quotas in 2022, foreign businessmen still have certain inventory reserve needs. In 2023, part of the demand will be overdrawn in advance, resulting in a reduction in export volume in 2023.
Part2 Import
In the first three quarters, the import volume of refrigerant HFCs products hit a new high. Data from the General Administration of Customs shows that as of September, my country's imports of many refrigerant products have increased significantly during the year. The total import volume of refrigerant R404/507 is 6,338 tons, a six-digit increase compared with the same period in 2022. The total import volume of refrigerant R410a The volume was 3154 tons, an increase of 11282% compared with the same period last year. The import market experienced wide fluctuations during the year, mainly due to the HFCs quota benchmark. In order to gain more market share at the end of the year, some manufacturers reserved a certain amount of inventory overseas. This year, under the expectation of weak demand in the foreign trade market, many foreign trade orders have returned.
In the first three quarters, the main trading partner for refrigerant imports was China, and the main consignor and consignor was registered in Zhejiang Province. Judging from customs data, the source of imported goods in the first three quarters was mainly from domestic bonded areas, accounting for 98.33%, which may verify the rumors of a backlog of some export sources in the early stage. At the same time, judging from the registration places of consignees and consignees, they were concentrated in Zhejiang area.
