Carbonates; Strontium Carbonate Price in Japan - 2023

Contents:

  1. Carbonates; Strontium Carbonate Price in Japan (CIF) - 2023
  2. Carbonates; Strontium Carbonate Price in Japan (FOB) - 2022
  3. Carbonates; Strontium Carbonate Imports in Japan
  4. Carbonates; Strontium Carbonate Exports in Japan

Carbonates; Strontium Carbonate Price in Japan (CIF) - 2023

The average carbonates; strontium carbonate import price stood at $1,521 per ton in July 2023, declining by -3.9% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 13% m-o-m. Over the period under review, average import prices reached the peak figure at $1,825 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was China ($1,797 per ton), while the price for Germany totaled $1,424 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mexico (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Carbonates; Strontium Carbonate Price in Japan (FOB) - 2022

In 2022, the average carbonates; strontium carbonate export price amounted to $4,792 per ton, growing by 34% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($4,497 per ton), while the average price for exports to Taiwan (Chinese) stood at $4,442 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+2.6%).

Carbonates; Strontium Carbonate Imports in Japan

In 2022, the amount of carbonates; strontium carbonates imported into Japan shrank modestly to 11K tons, reducing by -3.5% on the previous year. The total import volume increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 39%. As a result, imports attained the peak of 12K tons, and then reduced in the following year.

In value terms, carbonates; strontium carbonate imports surged to $17M in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 68%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Carbonates; Strontium Carbonate in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.46.28.811.421.2%
China1.10.83.33.952.5%
Mexico0.3N/AN/A0.838.7%
Spain0.10.40.3N/A73.2%
Others0.10.10.20.791.3%
Total8.07.412.516.727.8%

Top Suppliers of Carbonates; Strontium Carbonate to Japan in 2022:

  1. Spain (undefinedK tons)
  2. Germany (9.1K tons)
  3. China (1.4K tons)
  4. Mexico (0.6K tons)

Carbonates; Strontium Carbonate Exports in Japan

In 2022, shipments abroad of carbonates; strontium carbonates decreased by -15.5% to 248 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 77%. As a result, the exports reached the peak of 294 tons, and then fell notably in the following year.

In value terms, carbonates; strontium carbonate exports rose sharply to $1.2M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 77% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Carbonates; Strontium Carbonate in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4894878951,08030.2%
Taiwan (Chinese)52.967.090.726.7-20.4%
Others15.337.664.084.176.5%
Total5575911,0491,19128.8%

Top Export Markets for Carbonates; Strontium Carbonate from Japan in 2022:

  1. Poland (240.1 tons)
  2. Taiwan (Chinese) (6.0 tons)

Source: IndexBox Market Intelligence Platform

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