Japan - Polymethyl Methacrylate In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolymethyl Methacrylate Price in Japan - 2023
Contents:
- Polymethyl Methacrylate Price in Japan (FOB) - 2023
- Polymethyl Methacrylate Price in Japan (CIF) - 2023
- Polymethyl Methacrylate Exports in Japan
- Polymethyl Methacrylate Imports in Japan
Polymethyl Methacrylate Price in Japan (FOB) - 2023
In July 2023, the average polymethyl methacrylate export price amounted to $2,690 per ton, approximately equating the previous month. Over the period under review, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in March 2023 an increase of 6% m-o-m. Over the period under review, the average export prices reached the maximum at $3,778 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($5,507 per ton), while the average price for exports to Malaysia ($1,058 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 Indonesia (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Polymethyl Methacrylate Price in Japan (CIF) - 2023
In July 2023, the average polymethyl methacrylate import price amounted to $2,329 per ton, with an increase of 8.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $2,483 per ton in October 2022; however, from November 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($9,134 per ton), while the price for South Korea ($1,662 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 Malaysia (+0.1%), while the prices for the other major suppliers experienced a decline.
Polymethyl Methacrylate Exports in Japan
In 2022, shipments abroad of polymethyl methacrylate in primary forms decreased by -1.6% to 40K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 1.1%. As a result, the exports attained the peak of 43K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, polymethyl methacrylate exports declined to $128M in 2022. Over the period under review, exports continue to indicate a mild descent. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $136M, and then contracted in the following year.
| Export of Polymethyl Methacrylate in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.9 | 61.5 | 67.2 | 62.5 | 0.9% |
| United States | 9.7 | 7.5 | 8.9 | 11.7 | 6.4% |
| South Korea | 16.9 | 13.0 | 11.9 | 10.5 | -14.7% |
| Thailand | 3.2 | 3.6 | 5.3 | 4.7 | 13.7% |
| Taiwan (Chinese) | 5.3 | 4.6 | 4.7 | 4.4 | -6.0% |
| Indonesia | 0.8 | 0.7 | 1.4 | 3.5 | 63.6% |
| Brazil | 2.3 | 1.6 | 2.5 | 2.7 | 5.5% |
| Hong Kong SAR | 5.1 | 5.1 | 5.6 | 2.5 | -21.2% |
| Malaysia | 2.1 | 1.9 | 2.3 | 1.9 | -3.3% |
| India | 3.5 | 1.6 | 2.4 | 1.8 | -19.9% |
| Others | 22.4 | 16.9 | 23.7 | 21.5 | -1.4% |
| Total | 132 | 118 | 136 | 128 | -1.0% |
Top Export Markets for Polymethyl Methacrylate from Japan in 2022:
- China (24.0K tons)
- South Korea (3.1K tons)
- Thailand (1.8K tons)
- Taiwan (Chinese) (1.6K tons)
- United States (1.6K tons)
- Indonesia (1.0K tons)
- Hong Kong SAR (1.0K tons)
- Brazil (0.7K tons)
- Malaysia (0.7K tons)
- India (0.5K tons)
Polymethyl Methacrylate Imports in Japan
In 2022, approx. 17K tons of polymethyl methacrylate in primary forms were imported into Japan; dropping by -33.1% on the previous year's figure. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 38%. As a result, imports reached the peak of 26K tons, and then contracted significantly in the following year.
In value terms, polymethyl methacrylate imports dropped sharply to $40M in 2022. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. As a result, imports attained the peak of $58M, and then reduced dramatically in the following year.
| Import of Polymethyl Methacrylate in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 20.7 | 22.4 | 33.3 | 26.4 | 8.4% |
| South Korea | 15.3 | 9.0 | 15.1 | 8.3 | -18.4% |
| China | 2.8 | 1.9 | 2.2 | 1.6 | -17.0% |
| Malaysia | 0.9 | 0.7 | 0.7 | 0.9 | 0.0% |
| Saudi Arabia | 4.1 | 0.4 | 2.5 | 0.5 | -50.4% |
| Taiwan (Chinese) | 0.9 | 0.7 | 1.9 | 0.4 | -23.7% |
| Others | 3.5 | 2.7 | 2.3 | 2.3 | -13.1% |
| Total | 48.2 | 37.9 | 57.9 | 40.4 | -5.7% |
Top Suppliers of Polymethyl Methacrylate to Japan in 2022:
- Singapore (12.2K tons)
- South Korea (4.0K tons)
- Saudi Arabia (0.3K tons)
- Malaysia (0.3K tons)
- China (0.2K tons)
- Taiwan (Chinese) (0.1K tons)
This report provides an in-depth analysis of the polymethyl methacrylate 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 20165350 - Polymethyl methacrylate, in primary forms
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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