Japan - Esters Of Acrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcrylic Acid Esters Price in Japan - 2023
Contents:
- Acrylic Acid Esters Price in Japan (FOB) - 2023
- Acrylic Acid Esters Price in Japan (CIF) - 2023
- Acrylic Acid Esters Exports in Japan
- Acrylic Acid Esters Imports in Japan
Acrylic Acid Esters Price in Japan (FOB) - 2023
The average acrylic acid esters export price stood at $3,718 per ton in July 2023, growing by 1.8% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 10% month-to-month. As a result, the export price attained the peak level of $4,838 per ton. From January 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($7,407 per ton), while the average price for exports to the Netherlands ($1,943 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 China (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Acrylic Acid Esters Price in Japan (CIF) - 2023
The average acrylic acid esters import price stood at $1,964 per ton in July 2023, increasing by 13% against the previous month. In general, the import price, however, recorded a perceptible slump. Over the period under review, average import prices attained the maximum at $3,010 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($3,832 per ton), while the price for Malaysia ($1,307 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (-0.7%), while the prices for the other major suppliers experienced a decline.
Acrylic Acid Esters Exports in Japan
In 2022, shipments abroad of esters of acrylic acid decreased by -16.3% to 38K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports attained the peak of 45K tons, and then plummeted in the following year.
In value terms, acrylic acid esters exports dropped dramatically to $153M in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of $182M, and then plummeted in the following year.
Export of Acrylic Acid Esters in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 39.1 | 34.7 | 49.9 | 38.8 | -0.3% |
South Korea | 30.9 | 32.6 | 40.2 | 35.4 | 4.6% |
China | 12.6 | 12.4 | 19.8 | 17.5 | 11.6% |
Belgium | 7.8 | 7.2 | 12.9 | 10.8 | 11.5% |
Netherlands | 7.0 | 6.4 | 13.0 | 9.9 | 12.2% |
Singapore | 6.7 | 7.1 | 9.5 | 8.3 | 7.4% |
Taiwan (Chinese) | 8.7 | 8.1 | 10.8 | 6.7 | -8.3% |
Thailand | 3.1 | 2.4 | 4.1 | 3.9 | 8.0% |
Others | 14.6 | 15.5 | 21.4 | 21.8 | 14.3% |
Total | 130 | 126 | 182 | 153 | 5.6% |
Top Export Markets for Acrylic Acid Esters from Japan in 2022:
- South Korea (10.8K tons)
- United States (6.2K tons)
- Netherlands (4.3K tons)
- China (4.2K tons)
- Singapore (2.5K tons)
- Belgium (2.3K tons)
- Taiwan (Chinese) (1.5K tons)
- Thailand (0.8K tons)
Acrylic Acid Esters Imports in Japan
In 2022, acrylic acid esters imports into Japan dropped to 41K tons, with a decrease of -11.4% against the year before. In general, imports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year.
In value terms, acrylic acid esters imports reduced to $109M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. As a result, imports reached the peak of $123M, and then contracted in the following year.
Import of Acrylic Acid Esters in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 14.3 | 9.0 | 27.0 | 29.0 | 26.6% |
China | 20.1 | 16.3 | 28.0 | 20.5 | 0.7% |
South Korea | 15.6 | 13.0 | 17.8 | 18.3 | 5.5% |
Taiwan (Chinese) | 4.2 | 3.3 | 6.2 | 8.5 | 26.5% |
France | 7.6 | 4.6 | 6.4 | 7.9 | 1.3% |
Singapore | 4.5 | 2.6 | 8.0 | 7.0 | 15.9% |
United States | 10.0 | 7.7 | 7.8 | 7.0 | -11.2% |
Malaysia | 6.7 | 5.8 | 10.7 | 5.7 | -5.2% |
Others | 4.2 | 3.6 | 10.5 | 4.9 | 5.3% |
Total | 87.3 | 65.9 | 123 | 109 | 7.7% |
Top Suppliers of Acrylic Acid Esters to Japan in 2022:
- Indonesia (12.8K tons)
- South Korea (6.2K tons)
- China (6.0K tons)
- France (3.7K tons)
- Malaysia (2.9K tons)
- Singapore (2.6K tons)
- United States (2.6K tons)
- Taiwan (Chinese) (2.3K tons)
This report provides an in-depth analysis of the acrylic acid esters 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 20143320 - Esters of acrylic acid
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the acrylic acid esters price was $3,263 per ton (FOB, Japan), a decrease of -28.7% from the preceding month.
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...
In February 2023, the acrylic acid esters price was $3,263 per ton (FOB, Japan), a decrease of -28.7% from the preceding month.
In value terms, industrial monocarboxylic fatty acids imports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total imports value increased at an average annual...
In value terms, industrial monocarboxylic fatty acids exports stood at $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annu...