Japan - Polyurethanes In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolyurethanes Price in Japan - 2023
Contents:
- Polyurethanes Price in Japan (FOB) - 2023
- Polyurethanes Price in Japan (CIF) - 2023
- Polyurethanes Exports in Japan
- Polyurethanes Imports in Japan
Polyurethanes Price in Japan (FOB) - 2023
The average polyurethanes export price stood at $7,118 per ton in July 2023, standing approximately at the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 14% m-o-m. As a result, the export price reached the peak level of $8,113 per ton. From April 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($9,484 per ton), while the average price for exports to Malaysia ($4,674 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 Thailand (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
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Polyurethanes Price in Japan (CIF) - 2023
The average polyurethanes import price stood at $6,364 per ton in July 2023, surging by 9.3% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 14% against the previous month. Over the period under review, average import prices hit record highs at $7,644 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($14,295 per ton), while the price for South Korea ($4,304 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 the United States (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Polyurethanes Exports in Japan
Polyurethanes exports from Japan shrank to 36K tons in 2022, with a decrease of -6.8% on 2021 figures. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, the exports reached the peak of 38K tons, and then shrank in the following year.
In value terms, polyurethanes exports declined to $252M in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. As a result, the exports reached the peak of $283M, and then fell in the following year.
| Export of Polyurethanes in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 74.8 | 85.2 | 99.0 | 90.7 | 6.6% |
| United States | 30.9 | 24.7 | 27.9 | 25.4 | -6.3% |
| Malaysia | 25.6 | 17.5 | 31.0 | 22.1 | -4.8% |
| Vietnam | 7.8 | 17.4 | 17.5 | 21.5 | 40.2% |
| Thailand | 15.0 | 13.2 | 18.5 | 15.4 | 0.9% |
| Taiwan (Chinese) | 14.5 | 13.1 | 15.7 | 11.1 | -8.5% |
| South Korea | 12.2 | 11.6 | 13.4 | 9.7 | -7.4% |
| Indonesia | 7.8 | 9.1 | 11.3 | 9.2 | 5.7% |
| Germany | 3.0 | 4.6 | 6.3 | 7.6 | 36.3% |
| Hong Kong SAR | 10.5 | 7.1 | 9.9 | 6.4 | -15.2% |
| India | 1.7 | 3.1 | 2.8 | 5.1 | 44.2% |
| Sri Lanka | 3.2 | 3.1 | 4.3 | 3.5 | 3.0% |
| Philippines | 2.9 | 2.5 | 3.0 | 3.1 | 2.2% |
| Others | 22.2 | 17.8 | 22.8 | 20.6 | -2.5% |
| Total | 232 | 230 | 283 | 252 | 2.8% |
Top Export Markets for Polyurethanes from Japan in 2022:
- China (11.7K tons)
- Malaysia (4.9K tons)
- Vietnam (4.1K tons)
- United States (2.6K tons)
- Thailand (2.3K tons)
- Taiwan (Chinese) (1.6K tons)
- Indonesia (1.4K tons)
- South Korea (1.2K tons)
- Germany (0.9K tons)
- Hong Kong SAR (0.9K tons)
- India (0.8K tons)
- Sri Lanka (0.7K tons)
- Philippines (0.6K tons)
Polyurethanes Imports in Japan
In 2022, approx. 11K tons of polyurethanes in primary forms were imported into Japan; growing by 3.6% on the previous year's figure. Over the period under review, imports, however, recorded a slight descent. The growth pace was the most rapid in 2021 with an increase of 13%.
In value terms, polyurethanes imports expanded sharply to $71M in 2022. The total import value increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Polyurethanes in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.9 | 20.0 | 21.5 | 24.3 | 5.2% |
| Germany | 15.2 | 13.8 | 16.6 | 13.4 | -4.1% |
| South Korea | 6.8 | 5.2 | 6.6 | 10.2 | 14.5% |
| China | 6.9 | 5.1 | 8.0 | 8.9 | 8.9% |
| Taiwan (Chinese) | 1.7 | 1.5 | 2.8 | 3.3 | 24.7% |
| United Kingdom | 1.5 | 1.8 | 1.5 | 2.1 | 11.9% |
| Belgium | 0.7 | 1.8 | 2.2 | 1.7 | 34.4% |
| Singapore | 1.4 | 1.6 | 2.0 | 1.6 | 4.6% |
| Spain | 1.2 | 0.8 | 1.0 | 0.8 | -12.6% |
| Others | 4.1 | 2.8 | 4.1 | 4.5 | 3.2% |
| Total | 60.5 | 54.3 | 66.2 | 70.9 | 5.4% |
Top Suppliers of Polyurethanes to Japan in 2022:
- China (2.4K tons)
- South Korea (2.3K tons)
- United States (2.1K tons)
- Germany (2.0K tons)
- Taiwan (Chinese) (0.6K tons)
- Singapore (0.3K tons)
- Belgium (0.2K tons)
- Spain (0.2K tons)
- United Kingdom (0.1K tons)
This report provides an in-depth analysis of the polyurethanes 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 20165670 - Polyurethanes, 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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The price of Polyurethanes in July 2023 remained stable at $7,118 per ton (FOB, Japan), maintaining the same level as the previous month.
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In July 2023, the price of Phenolic Resins was $5,873 per ton (FOB, Japan), experiencing a decline of -6.6% compared to the previous month.
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Global polyurethane trade reached $7.8B in 2021, returning to the pre-pandemic level. China, Germany and Vietnam comprise 22% of total purchases. The average polyurethane import price soared 9.2% to $3,864 per ton in 2021.
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Global exports of polyurethanes in primary forms dropped from $7B in 2019 to $6.3B in 2020. Germany, China, Italy and the U.S. constitute the largest polyurethane exporters worldwide, providing more than half of the total shipments. In 2020, all the key supplying countries experienced a reduction in polyurethane exports. The average polyurethane export price fell by -2.3% against the previous year. China, Vietnam and Germany remain the leading importers of polyurethane in primary forms.
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The price of Polyurethanes in July 2023 remained stable at $7,118 per ton (FOB, Japan), maintaining the same level as the previous month.
