March pbat exports surge to five-year high

Introduction: 3 Monthly PBAT exports reached approximately 18,300 tons, marking a five-year high. Overseas stockpiling driven by geopolitical tensions, coupled with the implementation of plastic bans and restrictions in the EU and Southeast Asia, has significantly boosted demand for biodegradable materials—sustained through April. This export growth has alleviated domestic supply pressure, supporting recent market prices in a relatively strong, range-bound pattern. Italy and India remain the core export destinations, jointly accounting for over 50% of total exports. Guangdong, Xinjiang, and Liaoning provinces contributed the majority of the export growth, leveraging their respective production capacities and logistical advantages to achieve simultaneous increases in export volume and price, resulting in a continuously improving industry export landscape.

1. 3China’s PBAT export volume in May hit a five-year high.

2026 In March, China's PBAT exports amounted to 18,282.011 tons, with a monthly increase of 61.28% compared to the previous month and a year-on-year increase of 70.19%. The monthly average price was 1,307 USD per ton, up 4.76%. In the first three months of 2026, China's PBAT exports totaled 44,992.189 tons, representing a year-on-year increase of 39.97%.

3 Monthly PBAT exports have reached a near five-year high, primarily driven by geopolitical tensions that have triggered a surge in overseas stockpiling, significantly boosting order volumes. Additionally, the continued tightening of plastic bans and restrictions in regions such as the EU and Southeast Asia has increased overseas demand for biodegradable materials, further driving order fulfillment.

PBAT The expansion of export volume has effectively alleviated the supply pressure in the domestic market, while driving the PBAT price to show a strong and fluctuating trend.

2. Guangdong is the leading province for PBAT exports, accounting for over 52%.

PBAT Export Data (in tons) by Place of Registration

Data Source: Longzhong Information

According to the registration location, Guangdong Province ranked first with an export volume of 9,529.78 tons, accounting for over 52%. The export scale increased by 46.7% compared to the average monthly level of the previous year, and its leading position continues to strengthen. It is the core driving force behind the significant rebound in March's overall exports. This growth is mainly driven by the order delivery of Zhuhai Jinfa, a leading enterprise in PBAT in the province. Relying on its production capacity and industrial chain support advantages, it continues to release export increments, further consolidating Guangdong's position as the core hub for PBAT exports in the country.

Xinjiang with 3241.05 Its export volume ranks second, relying on the geographical channel advantages of the China-Europe Railway Express to maintain stable export output, accounting for nearly… of the national total export volume. 18% , is domestic PBAT An important pillar of exports. Xinjiang Lan Shan Tun He, a core supplier in the province, has provided feedback. 3-4 moon PBAT Export Presentation “ Volume and price increase together ” A favorable trend has emerged, with export orders and product prices recovering simultaneously, thus providing a solid foundation for stable regional export growth.

Liaoning became the biggest highlight, with an export volume reaching 1766.2, a 361.4% increase from February, and its share jumped to 9.7%, making it the third-largest export region. By contrast, traditional trading hubs such as Shanghai and Zhejiang have witnessed a continuous decline in export volumes, with Shanghai only… 713.2 , less than 1% 4% The advantage of trade transshipment has weakened. Overall, PBAT Exports are increasingly concentrating in production locations with capacity and geopolitical advantages, intensifying regional divergence. 3 The month further highlights this.

3. Italy and India are the core growth engines for PBAT exports.

PBAT Export Data by Trading Partner (tons)

Data source: Longzhong Information

PBAT In terms of the export structure from trading partners, Italy and India are the core growth engines. In March, their export volumes reached 5,260.8 tons and 4,655 tons, respectively, together accounting for more than 54% of the total, firmly ranking as the top two markets. Both saw a doubling in exports from February, serving as the core driving force for overall export growth. The overall performance in the European market was impressive, with Spain and the Netherlands exporting 1,549.5 tons and 1,636 tons, respectively, showing a significant rebound from the previous month and maintaining the stable performance of traditional strong markets. Vietnam's export volume increased to 1,137.9 tons, with a notable year-on-year growth rate, indicating significant success in expanding the Southeast Asian market.

Combined with export registration locations, the export growth from Guangdong, Xinjiang, and Liaoning corresponds respectively to order deliveries to the Indian, European, and Italian markets, further enhancing the alignment between markets and production origins.

4. PBATExport relief easing domestic supply pressure, coupled with cost-side support, has led PBAT market prices to trend upward with volatility.