Chlorates; of Sodium Price in Japan - 2023

Contents:

  1. Chlorates; of Sodium Price in Japan (CIF) - 2023
  2. Chlorates; of Sodium Price in Japan (FOB) - 2022
  3. Chlorates; of Sodium Imports in Japan
  4. Chlorates; of Sodium Exports in Japan

Chlorates; of Sodium Price in Japan (CIF) - 2023

In September 2023, the average chlorates; of sodium import price amounted to $902 per ton, almost unchanged from the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 25% m-o-m. The import price peaked at $930 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +3.3% per month.

Chlorates; of Sodium Price in Japan (FOB) - 2022

In 2022, the average chlorates; of sodium export price amounted to $1,191 per ton, shrinking by -61.6% against the previous year. In general, the export price showed a abrupt descent. The growth pace was the most rapid in 2016 an increase of 11%. Over the period under review, the average export prices attained the peak figure at $5,911 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($2,584 per ton), while the average price for exports to Australia amounted to $842 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-8.1%).

Chlorates; of Sodium Imports in Japan

After three years of growth, supplies from abroad of chlorates; of sodia decreased by -1.7% to 46K tons in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 403%.

In value terms, chlorates; of sodium imports rose sharply to $30M in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 412%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Chlorates; of Sodium in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A9.314.415.127.4%
SwedenN/A10.911.39.0-9.1%
CanadaN/AN/AN/A3.00%
China2.21.81.71.7-8.2%
France1.20.71.20.7-16.4%
Finland1.0N/AN/A0.6-15.7%
OthersN/AN/AN/AN/A0%
Total4.422.728.630.189.8%

Top Suppliers of Chlorates; of Sodium to Japan in 2022:

  1. United States (22.5K tons)
  2. Sweden (14.3K tons)
  3. Canada (4.5K tons)
  4. China (1.9K tons)
  5. Finland (1.4K tons)
  6. France (1.2K tons)

Chlorates; of Sodium Exports in Japan

In 2022, the amount of chlorates; of sodia exported from Japan skyrocketed to 75 tons, increasing by 782% on the previous year. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, chlorates; of sodium exports surged to $89K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Chlorates; of Sodium in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A50.50%
Vietnam24.925.526.338.815.9%
Others3.1N/AN/AN/A0%
Total28.025.526.389.347.2%

Top Export Markets for Chlorates; of Sodium from Japan in 2022:

  1. Australia (60.0 tons)
  2. Vietnam (15.0 tons)

Source: IndexBox Market Intelligence Platform

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