China's sucralose export export share of top two exporters increases in jan. nov. 2013

  • 66 views
Uploaded on

According to data from China Customs, export share of top two sucralose producers in China, namely, JK Sucralose and Changzhou Niutang, witnessed an obvious increase in Jan.-Nov. 2013, thanks to a …

According to data from China Customs, export share of top two sucralose producers in China, namely, JK Sucralose and Changzhou Niutang, witnessed an obvious increase in Jan.-Nov. 2013, thanks to a large increase in their export volume.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
66
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
0
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. China's sucralose export: export share of top two exporters increases in Jan.-Nov. 2013 Summary: According to data from China Customs, export share of top two sucralose producers in China, namely, JK Sucralose and Changzhou Niutang, witnessed an obvious increase in Jan.-Nov. 2013, thanks to a large increase in their export volume. Tag: Maltodextrin, FOS, GOS, Tripotassium, Glycyrrhizinate, Sorbitol, Sucralose According to data from China Customs, export share of top two sucralose producers in China, named JK Sucralose Inc. (JK Sucralose) and Changzhou Niutang Chemical Plant Co., Ltd. (Changzhou Niutang) respectively, witnessed an obvious increase in Jan.-Nov. 2013. In detail, the export volume of sucralose by top two sucralose producers was over 1,000 tonnes in the first eleven months of 2013, accounting for 58% of the total export volume in China. The export share was higher than that of 53% in Jan.-Nov. 2012, showing that export concentration saw an increase in 2013. In fact, compared with most sucralose producers in China, sucralose's price advantage is a key reason for JK Sucralose and Changzhou Niutang capturing more export share. JK Sucralose and Changzhou Niutang were the only two sucralose producers in China with capacity of over 1,000t/a in 2013. In general, larger capacity means lower production cost, as a result, both of JK Sucralose and Changzhou Niutang have the ability to keep export price of their products lower than the other producers' and improve its products' competitiveness. In addition, it is estimated that there is a strict quality control mangement at JK Sucralose and Changzhou Niutang compared to other domestic producers'. For example, according to Ji'an Entry-Exit Inspection and Quarantine Bureau, five batches of sucralose products by a main sucralose producer in Ji'an city, Jiangxi province were returned in 2013 due to quality problem. Based on this, it is not hard to estimate the difference in quality between the two top producers and other producers in China. Product with high-quality and low-price is beneficial for JK Sucralose and Changzhou Niutang to attract more attentions from overseas downstream enterprises. Export volume of China's sucralose increased by 360 tonnes in the first eleven months of 2013 compared with the same period of 2012, therefore, the increase of 273 tonnes was produced by the top two producers. Naturally, large increase in export volume of top two producers resulted in their export share increase in China's sucralose export. Export share increase of top two sucralose producers in China may be a negative message for the existing sucralose producers at present and new sucralose entrants in the near future. Because of the good prospect of China's sucralose, investment in domestic sucralose industry became overheating in recent years, with a sharp increase in national capacity of sucralose at the same time. And it is predicted that total capacity of sucralose in China will continue to show a significant increase in following years. However, the more export share the top two producers enjoy, the less export share the remaining sucralose producers in China can share. As an
  • 2. export-oriented industry, less export share means that the competition among the remaining sucralose producers in China will become more fierce in the near future. The news above was sourced from Sweeteners China News issued by CCM in February. Table Contents of Sweeteners China News 1402: Shandong Longlive acquires financial subsidies and special funds MOA issues Approved Feed Additives (2013) Shandong Fuyang's project of maltose and trehalose starts trial run Guilin layn to increase capacity of plant extracts China's maltodextrin: ex-works price changes little in 2013 FOS & GOS to benefit more from domestic diary industry in future Domestic ex-factory price of tripotassium glycyrrhizinate keeps at high level in 2013 Shandong Bailong may explore overseas market in 2014 PureCircle to continue benefiting from innovations following GRAS Affirmation for Reb M JK Sucralose and Thomson Biotech issue disclaimers on online sales successively Opposite export performance of Changzhou Niutang in June-Nov. 2013 compared with in Jan.-May Export overview of some sweeteners and raw materials in China, December 2013 China's sorbitol: overseas demand turns strong and export price up in July-Nov. 2013 China's sucralose export: export share of top two exporters increases in Jan.-Nov. 2013 Performance of China's sucrose industry at beginning of 2013/2014-an overview Ex-factory prices of sweeteners in China in January 2014 th Sweeteners China News, issued by CCM on 5 every month, offers timely update and close follow-up of market and company dynamics based on China’s sweeteners industry. It also releases the latest information on raw material supply, price update, import & export analysis as well as consumption trend & competitiveness. About CCM CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. For more information, please visit http://www.cnchemicals.com. Guangzhou CCM Information Science & Technology Co., Ltd. 17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China Tel: 86-20-37616606 Email: econtact@cnchemicals.com