Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Japan - 2023

Contents:

  1. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Japan (CIF) - 2023
  2. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Japan (FOB) - 2023
  3. Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Japan
  4. Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Japan

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Japan (CIF) - 2023

The average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $6,295 per ton in November 2023, rising by 159% against the previous month. Overall, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in December 2022 when the average import price increased by 387% against the previous month. As a result, import price reached the peak level of $16,723 per ton. From January 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Chile ($38,196 per ton), while the price for Thailand ($414 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Japan (FOB) - 2023

In November 2023, the average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates amounted to $935 per ton, remaining stable against the previous month. In general, the export price recorded a pronounced slump. The pace of growth was the most pronounced in September 2023 an increase of 18% against the previous month. The export price peaked at $1,629 per ton in November 2022; however, from December 2022 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was China ($1,620 per ton), while the average price for exports to the Philippines ($454 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Japan

In 2022, approx. 684K tons of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates were imported into Japan; with an increase of 95% on the previous year's figure. Overall, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates surged to $1.3B in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile23615515353931.7%
China84.262.477.240368.5%
Argentina40.413.026.319468.7%
United States74.545.950.387.35.4%
Germany9.410.512.516.620.9%
South Korea7.16.96.47.51.8%
Singapore2.43.13.43.816.6%
Turkey6.83.00.5N/A-72.9%
Others24.516.617.031.79.0%
Total4853163461,28338.3%

Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Japan in 2022:

  1. China (334.0K tons)
  2. United States (220.4K tons)
  3. Chile (51.4K tons)
  4. Argentina (23.6K tons)
  5. Germany (9.9K tons)
  6. South Korea (7.8K tons)
  7. Singapore (7.4K tons)
  8. Turkey (0.2K tons)

Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Japan

For the third year in a row, Japan recorded decline in overseas shipments of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates, which decreased by -9.2% to 59K tons in 2022. Over the period under review, exports saw a abrupt descent. The smallest decline of -3.2% was in 2021.

In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates expanded to $71M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 12%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea18.015.719.519.52.7%
China7.58.810.49.79.0%
United States10.78.87.89.0-5.6%
Taiwan (Chinese)5.56.16.15.92.4%
Thailand5.35.16.25.51.2%
Indonesia3.53.43.53.93.7%
Malaysia2.42.42.52.3-1.4%
Others9.99.811.414.714.1%
Total62.860.167.470.53.9%

Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Japan in 2022:

  1. South Korea (12.3K tons)
  2. Taiwan (Chinese) (7.6K tons)
  3. Thailand (7.5K tons)
  4. China (7.4K tons)
  5. United States (5.8K tons)
  6. Indonesia (4.6K tons)
  7. Malaysia (3.0K tons)

Source: IndexBox Market Intelligence Platform

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