Japan - Nitrates (Excluding Those Of Potassium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNitrates Price in Japan - 2023
Contents:
- Nitrates Price in Japan (CIF) - 2023
- Nitrates Price in Japan (FOB) - 2023
- Nitrates Imports in Japan
- Nitrates Exports in Japan
Nitrates Price in Japan (CIF) - 2023
The average nitrates import price stood at $912 per ton in July 2023, falling by -62.6% against the previous month. Over the period under review, the import price recorded a deep contraction. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 104% against the previous month. The import price peaked at $2,437 per ton in June 2023, and then reduced sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,756 per ton), while the price for China ($712 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Norway (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Nitrates Price in Japan (FOB) - 2023
In July 2023, the average nitrates export price amounted to $7,857 per ton, jumping by 25% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 38% month-to-month. As a result, the export price reached the peak level of $10,497 per ton. From September 2022 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the United States ($16,212 per ton), while the average price for exports to Malaysia ($2,834 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Nitrates Imports in Japan
In 2022, approx. 26K tons of nitrates (excluding those of potassium) were imported into Japan; declining by -9.1% against 2021. Overall, imports recorded a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 28K tons, and then declined in the following year.
In value terms, nitrates imports dropped modestly to $29M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $30M, and then shrank slightly in the following year.
| Import of Nitrates in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.4 | 13.8 | 18.6 | 18.6 | 0.4% |
| Spain | 2.9 | 2.2 | 3.6 | 4.6 | 16.6% |
| Norway | 1.8 | 1.6 | 1.9 | 3.6 | 26.0% |
| Germany | 2.2 | 3.8 | 4.3 | 0.9 | -25.8% |
| Portugal | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 1.5 | 1.1 | 1.0 | 1.0 | -12.6% |
| Total | 27.1 | 22.7 | 29.7 | 29.0 | 2.3% |
Top Suppliers of Nitrates to Japan in 2022:
- China (15.7K tons)
- Norway (5.7K tons)
- Spain (2.5K tons)
- Portugal (0.6K tons)
- Germany (0.6K tons)
Nitrates Exports in Japan
In 2022, approx. 1.1K tons of nitrates (excluding those of potassium) were exported from Japan; growing by 8.1% on the previous year's figure. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, nitrates exports skyrocketed to $9.4M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nitrates in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2,088 | 1,899 | 2,136 | 3,525 | 19.1% |
| China | 918 | 1,540 | 1,486 | 1,992 | 29.5% |
| Indonesia | 614 | 440 | 965 | 1,337 | 29.6% |
| Thailand | 573 | 441 | 793 | 750 | 9.4% |
| United States | 107 | 73.4 | 84.0 | 586 | 76.3% |
| Taiwan (Chinese) | 481 | 453 | 788 | 434 | -3.4% |
| Australia | 232 | 191 | 175 | 263 | 4.3% |
| Malaysia | 141 | 131 | 85.8 | 143 | 0.5% |
| Singapore | 299 | 314 | 346 | 116 | -27.1% |
| Others | 172 | 124 | 342 | 228 | 9.9% |
| Total | 5,623 | 5,606 | 7,201 | 9,375 | 18.6% |
Top Export Markets for Nitrates from Japan in 2022:
- South Korea (323.4 tons)
- Indonesia (181.3 tons)
- China (173.8 tons)
- Thailand (117.2 tons)
- Taiwan (Chinese) (62.1 tons)
- United States (52.5 tons)
- Australia (52.0 tons)
- Malaysia (48.7 tons)
- Singapore (22.6 tons)
This report provides an in-depth analysis of the nitrates 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 20134210 - Nitrates (excluding those of potassium)
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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In December 2022, the growth pace of Nitrates imports was at its peak, with an incredible 80% increase compared to the previous month. However, by July 2023, the value of Nitrates imports significantly declined to $1.5M.
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In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
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In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
191
In December 2022, the growth pace of Nitrates imports was at its peak, with an incredible 80% increase compared to the previous month. However, by July 2023, the value of Nitrates imports significantly declined to $1.5M.
1025
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
1347
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
928
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
648
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
