Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan (FOB) - 2024
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan (CIF) - 2024
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan (FOB) - 2024
The average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $3,961 per ton in July 2023, increasing by 19% against the previous month. Overall, the export price posted a strong expansion. The most prominent rate of growth was recorded in April 2023 an increase of 86% month-to-month. As a result, the export price attained the peak level of $6,725 per ton. From May 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($7,699 per ton), while the average price for exports to Malaysia ($1,581 per ton) was amongst the lowest.
From February 2023 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-0.8%), while the prices for the other major destinations experienced a decline.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan (CIF) - 2024
In July 2023, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $6,908 per ton, surging by 67% against the previous month. Over the period under review, import price indicated buoyant growth from February 2023 to July 2023: its price increased at an average monthly rate of +15.4% over the last five months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by +70.8% against May 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($12,260 per ton), while the price for the United States ($5,765 per ton) was amongst the lowest.
From February 2023 to July 2023, the most notable rate of growth in terms of prices was attained by China (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses exported from Japan contracted dramatically to 5K tons, falling by -32.1% compared with the previous year's figure. Overall, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 7.4K tons, and then reduced notably in the following year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses dropped notably to $18M in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports attained the peak of $23M, and then contracted sharply in the following year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 5.5 | 6.5 | 5.6 | 6.0% |
| Vietnam | 2.2 | 2.2 | 3.2 | 2.6 | 5.7% |
| Australia | 1.0 | 1.1 | 1.3 | 1.8 | 21.6% |
| Netherlands | 1.5 | 1.3 | 2.2 | 1.4 | -2.3% |
| Singapore | 0.8 | 0.6 | 1.1 | 1.1 | 11.2% |
| Thailand | 1.0 | 0.7 | 1.8 | 1.1 | 3.2% |
| Indonesia | 0.7 | 0.7 | 1.5 | 0.9 | 8.7% |
| Malaysia | 0.8 | 0.5 | 0.6 | 0.6 | -9.1% |
| Taiwan (Chinese) | 0.4 | 0.4 | 0.9 | 0.5 | 7.7% |
| China | 0.6 | 0.7 | 1.2 | 0.5 | -5.9% |
| Spain | 0.6 | 0.7 | 1.0 | 0.5 | -5.9% |
| Switzerland | 1.3 | 1.1 | 0.2 | 0.3 | -38.7% |
| Colombia | 0.3 | 0.2 | 0.4 | N/A | 15.5% |
| Others | 1.3 | 0.9 | 1.0 | 0.8 | -14.9% |
| Total | 17.1 | 16.7 | 22.8 | 17.8 | 1.3% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Japan in 2022:
- Vietnam (1121.8 tons)
- Australia (930.9 tons)
- United States (796.9 tons)
- Thailand (439.4 tons)
- Indonesia (383.6 tons)
- Singapore (325.8 tons)
- Malaysia (297.9 tons)
- Netherlands (261.0 tons)
- Taiwan (Chinese) (198.9 tons)
- Spain (78.2 tons)
- China (59.4 tons)
- Switzerland (44.5 tons)
- Colombia (15.1 tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan
In 2022, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses into Japan surged to 3K tons, picking up by 76% compared with 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $15M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 1.2 | 1.4 | 5.8 | 69.1% |
| United States | 2.4 | 2.0 | 2.9 | 5.7 | 33.4% |
| Germany | 0.5 | 0.5 | 1.2 | 3.0 | 81.7% |
| Mexico | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Singapore | 1.6 | 1.5 | 0.3 | N/A | -56.7% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 6.2 | 5.5 | 6.2 | 14.9 | 33.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Japan in 2022:
- United States (1318.4 tons)
- Germany (860.0 tons)
- China (789.4 tons)
- Mexico (38.1 tons)
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