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Japan - Insecticides - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Oct 9, 2023

Significant Surge in Japan's Insecticide Costs, Reaching $34.4/kg

Japan Insecticide Export Price in July 2023

In July 2023, the insecticide price amounted to $34,378 per ton (FOB, Japan), surging by 29% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $43,968 per ton in December 2022; however, from January 2023 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was India ($55,211 per ton), while the average price for exports to South Korea ($11,254 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.5%), while the prices for the other major destinations experienced a decline.

Japan Insecticide Export Prices By Country (USD Per Ton)

COUNTRY	Export Price of Insecticide in Japan (USD per ton)
COUNTRY	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023
India	64,068	69,378	33,281	38,622	165,695	51,533	65,005	43,304	69,450	103,776	35,169	45,699	55,211
China	17,045	14,444	19,056	22,063	8,166	15,892	22,726	20,592	15,732	13,896	19,748	14,690	16,628
United States	6,868	218,090	8,025	34,610	513,968	74,965	53,781	108,638	28,346	26,117	47,698	8,611	16,307
Vietnam	15,869	17,472	14,684	19,582	21,605	15,362	18,710	17,096	21,758	29,240	18,591	20,202	14,334
South Korea	29,188	14,781	3,014	20,648	22,995	21,074	18,078	16,696	46,267	21,819	4,287	12,296	11,254
Average	30,725	33,935	32,469	38,062	39,447	43,968	38,126	26,477	24,893	24,244	24,499	26,712	34,378

Japan Insecticide Exports

In July 2023, the amount of insecticides exported from Japan fell dramatically to 908 tons, which is down by -20.5% compared with June 2023. Overall, exports showed a mild descent. The pace of growth appeared the most rapid in December 2022 with an increase of 127% month-to-month.

In value terms, insecticide exports reached $31M (IndexBox estimates) in July 2023. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 with an increase of 153% against the previous month. As a result, the exports reached the peak of $50M. From January 2023 to July 2023, the growth of the exports remained at a lower figure.

Japan Insecticide Exports by Country

Vietnam (197 tons) was the main destination for insecticide exports from Japan, accounting for a 22% share of total exports. Moreover, insecticide exports to Vietnam exceeded the volume sent to the second major destination, Indonesia (73 tons), threefold. The third position in this ranking was held by India (71 tons), with a 7.8% share.

From July 2022 to July 2023, the average monthly growth rate of volume to Vietnam totaled +7.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Indonesia (+15.2% per month) and India (-3.7% per month).

In value terms, the largest markets for insecticide exported from Japan were India ($3.9M), Indonesia ($3M) and Vietnam ($2.8M), together comprising 31% of total exports. Argentina, Chile, Mexico, China, Peru, the Philippines, Hong Kong, Thailand, Ecuador and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Argentina, with a CAGR of +22.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the insecticide market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20201130 - Insecticides based on chlorinated hydrocarbons, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201140 - Insecticides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201150 - Insecticides based on organophosphorus products, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201160 - Insecticides based on pyrethroids, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201190 - Other insecticides
Prodcom 20201100 -

Country coverage:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Japan - Insecticides - Market Analysis, Forecast, Size, Trends and Insights

Significant Surge in Japan's Insecticide Costs, Reaching $34.4/kg

Japan Insecticide Export Price in July 2023

Japan Insecticide Exports

Japan Insecticide Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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