Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Japan - 2023
Contents:
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Japan (CIF) - 2023
- Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Japan (FOB) - 2022
- Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Japan
- Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Japan
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Japan (CIF) - 2023
In November 2023, the average import price for glycosides; rutoside (rutin) and its derivativeses amounted to $54,363 per ton, shrinking by -13.3% against the previous month. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in October 2023 when the average import price increased by 13% month-to-month. The import price peaked at $105K per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -5.4% per month.
Price for Glycosides; Rutoside (Rutin) and Its Derivatives in Japan (FOB) - 2022
In 2022, the average export price for glycosides; rutoside (rutin) and its derivativeses amounted to $250,016 per ton, dropping by -7.7% against the previous year. Over the period under review, the export price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2017 an increase of 8% against the previous year. The export price peaked at $329,161 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($340,764 per ton), while the average price for exports to Thailand ($183,557 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 Thailand (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glycosides; Rutoside (Rutin) and Its Derivatives in Japan
In 2022, imports of glycosides; rutoside (rutin) and its derivativeses into Japan soared to 130 tons, jumping by 22% on 2021 figures. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 68%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of glycosides; rutoside (rutin) and its derivativeses soared to $8.5M in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 94% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Glycosides; Rutoside (Rutin) and Its Derivatives in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 2.7 | 5.3 | 8.5 | 23.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.5 | 2.7 | 5.3 | 8.5 | 23.6% |
Top Suppliers of Glycosides; Rutoside (Rutin) and Its Derivatives to Japan in 2022:
- China (129.6 tons)
Exports of Glycosides; Rutoside (Rutin) and Its Derivatives in Japan
In 2022, the amount of glycosides; rutoside (rutin) and its derivativeses exported from Japan skyrocketed to 4.3 tons, increasing by 108% compared with 2021. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of glycosides; rutoside (rutin) and its derivativeses soared to $1.1M in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glycosides; Rutoside (Rutin) and Its Derivatives in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 11.5 | 31.5 | 99.4 | 537 | 260.1% |
| China | 41.4 | 6.8 | 50.8 | 195 | 67.6% |
| Thailand | 162 | 166 | 199 | 123 | -8.8% |
| Poland | 147 | 105 | 118 | 110 | -9.2% |
| Lithuania | N/A | N/A | N/A | 32.0 | 0% |
| Italy | N/A | N/A | 29.0 | 25.4 | -12.4% |
| Belarus | 19.0 | 30.2 | 34.5 | 14.3 | -9.0% |
| Others | 35.8 | 7.3 | 23.4 | 29.2 | -6.6% |
| Total | 417 | 346 | 554 | 1,066 | 36.7% |
Top Export Markets for Glycosides; Rutoside (Rutin) and Its Derivatives from Japan in 2022:
- South Korea (2329.0 kg)
- Thailand (670.0 kg)
- China (573.0 kg)
- Poland (360.0 kg)
- Lithuania (100.0 kg)
- Italy (80.0 kg)
- Belarus (50.0 kg)
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