Analysis of the current market supply status of China's alkaline industry market in 2023

The production capacity of alkali is over 40 million tons, and the capacity of production capacity is not fully loaded

According to data from the China Chlorohydal Industry Association, the production capacity of the alkaline industry in my country has shown a fluctuations in the rise of alkaline industries in recent years; from 21.81 million tons in 2007 to 44.7 million tons in 2020. In 2021, my country's alkaline production capacity increased by 1.09 million tons, withdrawing capacity of 715,000 tons, a net increase of 375,000 tons. The release of new production capacity was mostly distributed in the middle of the year, and the regional distribution was relatively scattered. Domestic alkaline production throughout the year has shown a steady and medium -sized growth trend. In the first half of 2022, China's alkaline production capacity reached 43.09 million tons, of which 425,000 tons were added, and the elimination production capacity was 75,000 tons. Ton.

However, the output of alkalinity in my country has not been loaded. The changes in alkali production in my country are mainly affected by factors such as the economic situation, the number of new capacity, the degree of market prosperity, and the restrictions on the "chlorine balance" constraints. In recent years, due to the promotion of supply -side reforms, my country ’s alkaline production capacity and output have increased year by year, and the overall operating rate has shown a wave of wave type. As of 2021, my country's total alkalinity output was 38.91 million tons, a year -on -year increase of 5.91%. From January to November 2022, the output of alkali in my country was 36.34 million tons.

烧碱开工率高于80%，逐渐恢复产能

The operating rate of alkali alkali is higher than 80%, and the production capacity is gradually restored

Prior to 2008, the supply of alkalinity in China was in short, production capacity increased rapidly, and the operating rate maintained a high level. Since then, due to the impact of the economic crisis and the rapid increase in production capacity, excess capacity has occurred, and the operating rate of the alkaline industry has decreased. In 2009 and 2010, the use rate of alkali -roasted devices was the lowest, and the overall operating rate was below 70%. After that, the state issued a series of policies to control a variety of chemical products including alkaline products, which added excess capacity. The entire industry's production capacity has entered a stage of rational development. The market demand has gradually recovered, and its output has increased steadily. In recent years, the overall industry operating rate of the industry is about 80%.

Alkaline supply is mainly based on the East China market, and the chemical capacity of China and Thailand is the top

From the perspective of regional distribution, affected by transportation costs, the regional distribution of alkaline production capacity is significant. From the perspective of the distribution of production areas, East China, North China, and Northwest China are the main production areas in my country. In 2021, the proportion of alkaline production capacity in the three regions accounted for 47.39%, 18.44%, and 15.72%, respectively, totaling 81.55%. Due to the insufficient economic added value of basic chemicals, the cost of transportation is relatively high. In the chlor -alkali industry, production requires the joint support projects of the industrial chain to improve production efficiency, reduce costs, and improve profits. Therefore, the roasted alkali manufacturers are relatively concentrated in areas with abundant salt resources and high production capacity, and the industry has a regional distribution.

From the perspective of the distribution of enterprises, as of the end of 2021, according to Baichuan Yingfu data, there are only 4 companies with a number of more than 1 million tons/year in all manufacturing enterprises, namely Xinjiang Zhongtai, Liaocheng Xinyuan Group, Xinjiang Tianye and Haobang Chemical, production capacity accounted for 2.96%, 2.48%, 2.41%, and 2.30%, respectively; 10 companies with an annual production capacity of more than 600,000 tons. The industry is mainly small and medium -sized enterprises, CR4 = 10.15%, CR10 = 20.23%, is a competitive market.