Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Japan - 2023
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Japan (CIF) - 2023
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Japan (FOB) - 2023
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Japan
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Japan
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Japan (CIF) - 2023
In July 2023, the average import price for colouring matter; ultramarine and preparations based therea amounted to $6,967 per ton, picking up by 25% against the previous month. Over the period from November 2022 to July 2023, it increased at an average monthly rate of +3.9%. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 43% against the previous month. As a result, import price reached the peak level of $7,327 per ton. From January 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($8,398 per ton), while the price for China ($4,362 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+8.1%), while the prices for the other major suppliers experienced a decline.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Japan (FOB) - 2023
In July 2023, the average export price for colouring matter; ultramarine and preparations based therea amounted to $21,998 per ton, increasing by 53% against the previous month. In general, export price indicated a resilient expansion from November 2022 to July 2023: its price increased at an average monthly rate of +5.7% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, export price for colouring matter; ultramarine and preparations based therea increased by +77.8% against April 2023 indices. The growth pace was the most rapid in May 2023 an increase of 59% month-to-month. The export price peaked at $23,562 per ton in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was South Korea ($156K per ton), while the average price for exports to Taiwan (Chinese) ($5,325 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+50.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Japan
In 2022, imports of colouring matter; ultramarine and preparations based therea into Japan declined to 616 tons, shrinking by -5.4% compared with the previous year's figure. Overall, imports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year.
In value terms, imports of colouring matter; ultramarine and preparations based therea shrank to $3.5M in 2022. In general, imports saw a mild downturn. The growth pace was the most rapid in 2021 when imports increased by 9%. As a result, imports attained the peak of $3.8M, and then shrank in the following year.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,426 | 976 | 1,349 | 1,481 | 1.3% |
| Spain | 1,675 | 1,983 | 1,738 | 1,326 | -7.5% |
| India | 271 | 226 | 348 | 399 | 13.8% |
| Indonesia | 252 | 212 | 197 | 160 | -14.1% |
| Others | 61.6 | 48.7 | 126 | 151 | 34.8% |
| Total | 3,685 | 3,446 | 3,758 | 3,517 | -1.5% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Japan in 2022:
- France (237.3 tons)
- Spain (226.0 tons)
- India (113.2 tons)
- Indonesia (21.4 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Japan
In 2022, the amount of colouring matter; ultramarine and preparations based therea exported from Japan shrank significantly to 65 tons, with a decrease of -56.9% against 2021 figures. Overall, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year.
In value terms, exports of colouring matter; ultramarine and preparations based therea contracted markedly to $1.1M in 2022. Over the period under review, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 521 | 237 | 460 | 320 | -15.0% |
| China | 250 | 226 | 367 | 250 | 0.0% |
| United States | 439 | 292 | 203 | 109 | -37.1% |
| Vietnam | 171 | 196 | 187 | 90.4 | -19.1% |
| Taiwan (Chinese) | 183 | 135 | 213 | 87.7 | -21.7% |
| Thailand | 146 | 180 | 210 | 75.5 | -19.7% |
| South Korea | 277 | 145 | 199 | 61.8 | -39.3% |
| Indonesia | 16.5 | 16.9 | 16.4 | 11.4 | -11.6% |
| Others | 252 | 109 | 147 | 51.3 | -41.2% |
| Total | 2,256 | 1,536 | 2,002 | 1,057 | -22.3% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Japan in 2022:
- Saudi Arabia (31.5 tons)
- Taiwan (Chinese) (8.4 tons)
- China (6.8 tons)
- Vietnam (4.4 tons)
- United States (3.6 tons)
- Thailand (3.2 tons)
- South Korea (2.3 tons)
- Indonesia (1.0 tons)
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