Report Update: Apr 1, 2024

Japan - Naphthalene And Other Aromatic Hydrocarbon Mixtures - Market Analysis, Forecast, Size, Trends And Insights

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Aromatic Hydrocarbon Mixtures Price in Japan - 2023

Aromatic Hydrocarbon Mixtures Price in Japan (FOB) - 2023

The average aromatic hydrocarbon mixtures export price stood at $746 per ton in September 2023, increasing by 16% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $807 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In September 2023, the highest price was recorded for prices to Vietnam ($894 per ton) and South Korea ($762 per ton), while the average price for exports to Taiwan (Chinese) ($634 per ton) and China ($651 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Aromatic Hydrocarbon Mixtures Price in Japan (CIF) - 2022

The average aromatic hydrocarbon mixtures import price stood at $2,029 per ton in 2022, rising by 129% against the previous year. Overall, the import price continues to indicate a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($2,750 per ton), while the price for South Korea ($1,249 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Aromatic Hydrocarbon Mixtures Exports in Japan

In 2022, shipments abroad of naphthalene and other aromatic hydrocarbon mixtures decreased by -7.4% to 678K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 32%. As a result, the exports attained the peak of 800K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, aromatic hydrocarbon mixtures exports surged to $549M in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Aromatic Hydrocarbon Mixtures in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	159	126	284	387	34.5%
United States	18.0	34.0	51.1	99.2	76.6%
Taiwan (Chinese)	39.6	42.1	14.9	18.8	-22.0%
China	77.5	33.9	31.7	13.5	-44.2%
Singapore	9.6	19.4	13.4	1.2	-50.0%
Others	7.3	26.2	15.3	29.2	58.7%
Total	311	282	411	549	20.9%

Top Export Markets for Aromatic Hydrocarbon Mixtures from Japan in 2022:

South Korea (498.9K tons)
United States (99.6K tons)
Taiwan (Chinese) (24.4K tons)
China (21.6K tons)
Singapore (1.9K tons)

Aromatic Hydrocarbon Mixtures Imports in Japan

Aromatic hydrocarbon mixtures imports into Japan fell significantly to 3.3K tons in 2022, dropping by -74.5% compared with 2021 figures. Overall, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 19%.

In value terms, aromatic hydrocarbon mixtures imports contracted sharply to $6.6M in 2022. In general, imports faced a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 109% against the previous year. As a result, imports reached the peak of $11M, and then shrank markedly in the following year.

Import of Aromatic Hydrocarbon Mixtures in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	0.2	0.4	3.2	4.0	171.4%
United States	0.8	0.7	1.0	1.3	17.6%
South Korea	5.0	0.8	1.2	1.1	-39.6%
Belgium	0.1	0.1	0.1	0.1	0.0%
Singapore	0.6	0.5	0.2	N/A	-42.3%
Australia	3.4	2.9	5.6	N/A	28.3%
Others	N/A	N/A	N/A	N/A	0%
Total	10.1	5.4	11.4	6.6	-13.2%

Top Suppliers of Aromatic Hydrocarbon Mixtures to Japan in 2022:

China (1588.7 tons)
South Korea (892.9 tons)
United States (727.9 tons)
Belgium (51.1 tons)
Singapore (1.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aromatic hydrocarbon mixtures 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 20147340 - Naphthalene and other aromatic hydrocarbon mixtures (excluding benzole, toluole, xylole)

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