Analysis of China’s Maleic Anhydride Export Market in May 2025
Volume and Prices Rise, Exports Continue Growing
In May 2025, China’s maleic anhydride exports reached 19,918.72 metric tons, up 4.03% month-on-month (MoM) and surging 29.90% year-on-year (YoY). The average export price was $813.90/ton, edging up 0.09% MoM but down 7.30% YoY, indicating easing international price pressures. Cumulative exports from January to May totaled 94,445.37 metric tons, an 11.32% YoY increase, with growth accelerating by 4.09 percentage points compared to the first four months, reflecting stronger export support from new production capacity.
Diversified Trade Partners, Middle East Shines
- India Dominates: Exports to India hit 7,952 metric tons (39.92% share), soaring 44.85% MoM, signaling robust demand recovery.
- Middle East Emerges: UAE became the second-largest market with 1,699 metric tons (8.53% share), up 77.91% MoM.
- Regional Diversification: The Middle East (21.31%), Southeast Asia (17.58%), and Europe (14.39%) drove growth, with over half of trading partners seeing MoM price increases.
Shandong and Guangdong Lead, Northeast Surges
- Shandong’s Dominance: Exports from Shandong reached 8,651 metric tons (43.43% share), rising 17.24% MoM and 75.02% YoY.
- Guangdong’s Rapid Growth: Guangdong exported 2,902.72 metric tons (14.57% share), up 8.51% MoM and skyrocketing 110.12% YoY.
- Northeast’s Breakthrough: Liaoning’s exports hit 1,651 metric tons (8.29% share), jumping 70.56% MoM and 108.99% YoY.
Outlook
With new domestic capacity coming online and seasonal demand slowdown in downstream industries, oversupply pressures may further boost export incentives. Strong demand resilience in emerging markets like the Middle East and Southeast Asia is expected to reinforce China’s pivotal role in the global maleic anhydride supply chain. June exports are projected to maintain upward momentum.
(Approx. 300 words, covering key data and trends.)
