Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan - 2023
Contents:
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan (CIF) - 2022
- Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan (FOB) - 2022
- Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan
- Exports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan (CIF) - 2022
In 2022, the average import price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses amounted to $5,924 per ton, growing by 3.2% against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 114%. Over the period under review, average import prices attained the peak figure at $22,062 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,407 per ton), while the price for India amounted to $5,511 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.1%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan (FOB) - 2022
The average export price for acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses stood at $56,968 per ton in 2022, falling by -93.6% against the previous year. Over the period under review, the export price, however, continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2021 an increase of 833% against the previous year. As a result, the export price reached the peak level of $890,821 per ton, and then dropped sharply in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($129,556 per ton), while the average price for exports to Canada ($4,429 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 Taiwan (Chinese) (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan
Imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses into Japan surged to 15 tons in 2022, picking up by 651% on the previous year. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses skyrocketed to $89K in 2022. In general, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.9 | 12.0 | 11.5 | 79.5 | 88.3% |
| Germany | N/A | N/A | N/A | 6.8 | 0% |
| France | 42.3 | 73.2 | N/A | N/A | 73.0% |
| Others | N/A | N/A | N/A | 2.7 | 0% |
| Total | 54.2 | 85.2 | 11.5 | 89.0 | 18.0% |
Top Suppliers of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts to Japan in 2022:
- India (14.4 tons)
- Germany (0.6 tons)
Exports of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan
In 2022, approx. 31 kg of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses were exported from Japan; shrinking by -53.7% against the previous year. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 347% against the previous year. As a result, the exports attained the peak of 67 kg, and then reduced notably in the following year.
In value terms, exports of acids; aromatic monocarboxylic acids, phenylacetic acid and its saltses declined remarkably to $1.8K in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4,068%. As a result, the exports reached the peak of $60K, and then declined remarkably in the following year.
| Export of Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.3 | 0.2 | 0.5 | 1.2 | 58.7% |
| Singapore | N/A | 1.2 | 0.6 | 0.6 | -29.3% |
| China | 1.4 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 58.5 | N/A | 0% |
| Canada | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.8 | 1.4 | 59.7 | 1.8 | 0.0% |
Top Export Markets for Acids; Aromatic Monocarboxylic Acids, Phenylacetic Acid and Its Salts from Japan in 2022:
- Singapore (15.0 kg)
- South Korea (9.0 kg)
- Canada (7.0 kg)
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