Price for Sodium Sulphates; Disodium Sulphate in Japan - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Japan (CIF) - 2023
- Price for Sodium Sulphates; Disodium Sulphate in Japan (FOB) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Japan
- Exports of Sodium Sulphates; Disodium Sulphate in Japan
Price for Sodium Sulphates; Disodium Sulphate in Japan (CIF) - 2023
In September 2023, the average sodium sulphates; disodium sulphate import price amounted to $226 per ton, falling by -10.7% against the previous month. In general, the import price saw a mild setback. The growth pace was the most rapid in January 2023 an increase of 12% month-to-month. Over the period under review, average import prices attained the maximum at $279 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($299 per ton), while the price for Taiwan (Chinese) ($189 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sodium Sulphates; Disodium Sulphate in Japan (FOB) - 2022
In 2022, the average sodium sulphates; disodium sulphate export price amounted to $935 per ton, surging by 5.4% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium sulphates; disodium sulphate export price decreased by -1.0% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices reached the peak figure at $944 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($4,882 per ton), while the average price for exports to Singapore ($426 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sodium Sulphates; Disodium Sulphate in Japan
In 2022, the amount of sodium sulphates; disodium sulphates imported into Japan shrank dramatically to 41K tons, with a decrease of -21.3% on the year before. In general, imports faced a deep setback. The smallest decline of -2.7% was in 2021.
In value terms, sodium sulphates; disodium sulphate imports reduced to $11M in 2022. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 7.2%.
| Import of Sodium Sulphates; Disodium Sulphate in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 7.5 | 8.4 | 8.5 | 1.2% |
| Taiwan (Chinese) | 1.9 | 1.2 | 1.4 | 1.3 | -11.9% |
| Spain | 1.5 | 1.8 | 2.1 | 0.8 | -18.9% |
| Indonesia | 1.3 | 0.7 | N/A | N/A | -46.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.0 | 11.2 | 12.0 | 10.6 | -6.6% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Japan in 2022:
- China (30.3K tons)
- Taiwan (Chinese) (7.0K tons)
- Spain (3.5K tons)
Exports of Sodium Sulphates; Disodium Sulphate in Japan
In 2022, the amount of sodium sulphates; disodium sulphates exported from Japan dropped to 3K tons, with a decrease of -12.9% against 2021. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports reached the peak of 3.5K tons, and then shrank in the following year.
In value terms, sodium sulphates; disodium sulphate exports contracted to $2.8M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.4%. As a result, the exports attained the peak of $3.1M, and then shrank in the following year.
| Export of Sodium Sulphates; Disodium Sulphate in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,116 | 1,105 | 641 | 711 | -14.0% |
| China | N/A | N/A | 4.1 | 684 | 16582.9% |
| Singapore | 398 | 400 | 641 | 461 | 5.0% |
| Vietnam | 229 | 320 | 348 | 214 | -2.2% |
| Hong Kong SAR | 389 | 331 | 724 | 185 | -21.9% |
| Indonesia | 215 | 213 | 305 | 163 | -8.8% |
| Thailand | 152 | 108 | 143 | 145 | -1.6% |
| Others | 151 | 330 | 265 | 258 | 19.5% |
| Total | 2,649 | 2,808 | 3,071 | 2,820 | 2.1% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from Japan in 2022:
- Singapore (1081.0 tons)
- South Korea (1030.3 tons)
- Vietnam (322.1 tons)
- Thailand (170.5 tons)
- China (140.0 tons)
- Indonesia (130.2 tons)
- Hong Kong SAR (42.0 tons)
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