Japan - Butanone (Methyl Ethyl Ketone) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingButanone Price in Japan - 2023
Contents:
- Butanone Price in Japan (FOB) - 2023
- Butanone Price in Japan (CIF) - 2022
- Butanone Exports in Japan
- Butanone Imports in Japan
Butanone Price in Japan (FOB) - 2023
The average butanone export price stood at $809 per ton in July 2023, declining by -8.1% against the previous month. In general, the export price saw a pronounced reduction. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 19% month-to-month. The export price peaked at $1,474 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In July 2023, the highest price was recorded for prices to Vietnam ($845 per ton) and Thailand ($837 per ton), while the average price for exports to South Korea ($790 per ton) and Malaysia ($819 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-0.5%), while the prices for the other major destinations experienced a decline.
Butanone Price in Japan (CIF) - 2022
In 2022, the average butanone import price amounted to $1,830 per ton, jumping by 28% against the previous year. In general, the import price enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 283% against the previous year. As a result, import price reached the peak level of $4,256 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($4,764 per ton), while the price for China totaled $1,599 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.3%).
Butanone Exports in Japan
Butanone exports from Japan contracted rapidly to 94K tons in 2022, with a decrease of -42.7% on 2021 figures. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of 164K tons, and then shrank markedly in the following year.
In value terms, butanone exports reduced sharply to $128M in 2022. In general, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, the exports attained the peak of $174M, and then contracted notably in the following year.
Export of Butanone in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 70.9 | 58.8 | 98.2 | 74.7 | 1.8% |
Thailand | 8.1 | 15.1 | 15.8 | 13.3 | 18.0% |
Malaysia | 6.8 | 8.6 | 13.1 | 11.3 | 18.4% |
Vietnam | 17.4 | 11.9 | 18.0 | 8.8 | -20.3% |
Indonesia | 14.1 | 10.3 | 19.3 | 7.1 | -20.4% |
Netherlands | 0.2 | 0.4 | 0.1 | 5.0 | 192.4% |
Philippines | 2.2 | 2.0 | 3.0 | 2.4 | 2.9% |
India | 8.8 | 0.6 | 2.9 | 2.4 | -35.2% |
Taiwan (Chinese) | 7.7 | 0.6 | 0.5 | 0.1 | -76.5% |
Others | 2.5 | 1.5 | 3.2 | 3.3 | 9.7% |
Total | 139 | 110 | 174 | 128 | -2.7% |
Top Export Markets for Butanone from Japan in 2022:
- South Korea (53.5K tons)
- Thailand (10.5K tons)
- Malaysia (8.0K tons)
- Vietnam (7.1K tons)
- Indonesia (5.7K tons)
- Netherlands (3.4K tons)
- India (2.0K tons)
- Philippines (1.8K tons)
- Taiwan (Chinese) (0.1K tons)
Butanone Imports in Japan
In 2022, the amount of butanone (methyl ethyl ketone) imported into Japan dropped significantly to 20 tons, declining by -49% compared with the year before. Over the period under review, imports faced a dramatic curtailment.
In value terms, butanone imports shrank dramatically to $36K in 2022. Overall, imports saw a sharp curtailment.
Import of Butanone in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.1 | N/A | 29.0 | 30.4 | 572.4% |
United States | N/A | 157 | N/A | 3.4 | -85.3% |
South Africa | N/A | N/A | N/A | 2.0 | 0% |
Germany | 14.4 | 346 | 12.8 | N/A | -5.7% |
Netherlands | 824 | 0.2 | N/A | N/A | -100.0% |
Others | 838 | 362 | 13.1 | N/A | -87.5% |
Total | 1,676 | 865 | 54.8 | 35.8 | -72.3% |
Top Suppliers of Butanone to Japan in 2022:
- China (19.0 tons)
- South Africa (0.4 tons)
- United States (0.2 tons)
This report provides an in-depth analysis of the butanone 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 20146213 - Butanone (methyl ethyl ketone)
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
-
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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