Dithionites and Sulphoxylates Price in Japan - 2023
Contents:
- Dithionites and Sulphoxylates Price in Japan (CIF) - 2023
- Dithionites and Sulphoxylates Price in Japan (FOB) - 2022
- Dithionites and Sulphoxylates Imports in Japan
- Dithionites and Sulphoxylates Exports in Japan
Dithionites and Sulphoxylates Price in Japan (CIF) - 2023
In September 2023, the average dithionites and sulphoxylates import price amounted to $1,702 per ton, picking up by 7.8% against the previous month. Over the period under review, the import price, however, recorded a mild decline. The pace of growth was the most pronounced in July 2023 when the average import price increased by 24% m-o-m. The import price peaked at $2,104 per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Taiwan (Chinese) ($2,890 per ton), while the price for China ($1,363 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Dithionites and Sulphoxylates Price in Japan (FOB) - 2022
In 2022, the average dithionites and sulphoxylates export price amounted to $6,871 per ton, growing by 2.4% against the previous year. Over the period under review, the export price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 27%. The export price peaked at $9,562 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($31,721 per ton), while the average price for exports to Thailand ($3,908 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.0%), while the prices for the other major destinations experienced a decline.
Dithionites and Sulphoxylates Imports in Japan
In 2022, the amount of dithionites and sulphoxylateses imported into Japan reached 5.1K tons, increasing by 2.9% compared with the previous year's figure. Overall, imports, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 19%.
In value terms, dithionites and sulphoxylates imports soared to $10M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 28%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Dithionites and Sulphoxylates in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 3.0 | 3.7 | 4.4 | 5.9% |
| South Korea | 2.7 | 1.8 | 2.4 | 2.9 | 2.4% |
| Germany | 0.8 | 0.7 | 0.6 | 1.1 | 11.2% |
| Taiwan (Chinese) | 1.1 | 0.7 | 1.1 | 0.9 | -6.5% |
| India | 0.8 | 0.6 | 0.8 | 0.8 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.1 | 6.8 | 8.7 | 10.1 | 3.5% |
Top Suppliers of Dithionites and Sulphoxylates to Japan in 2022:
- China (2.4K tons)
- South Korea (1.5K tons)
- Germany (0.5K tons)
- Taiwan (Chinese) (0.3K tons)
- India (0.3K tons)
Dithionites and Sulphoxylates Exports in Japan
After three years of growth, overseas shipments of dithionites and sulphoxylateses decreased by -18.5% to 47 tons in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 19%.
In value terms, dithionites and sulphoxylates exports dropped markedly to $325K in 2022. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 27%.
| Export of Dithionites and Sulphoxylates in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 179 | 162 | 218 | 177 | -0.4% |
| Malaysia | 102 | 50.6 | 102 | 73.0 | -10.6% |
| United States | 42.4 | 24.9 | 29.3 | 30.7 | -10.2% |
| Thailand | N/A | N/A | 8.4 | 21.9 | 160.7% |
| China | 12.8 | 13.1 | 13.5 | 14.4 | 4.0% |
| Netherlands | N/A | 42.5 | N/A | N/A | 0% |
| Others | 109 | 14.2 | 18.1 | 7.9 | -58.3% |
| Total | 446 | 307 | 389 | 325 | -10.0% |
Top Export Markets for Dithionites and Sulphoxylates from Japan in 2022:
- Indonesia (35.0 tons)
- Thailand (5.6 tons)
- Malaysia (2.3 tons)
- China (2.0 tons)
- United States (1.8 tons)
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