Price for Halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzene in Japan - 2023

Contents:

1. Price for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Japan (CIF) - 2023
2. Price for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Japan (FOB) - 2022
3. Imports of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Japan
4. Exports of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Japan

Price for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Japan (CIF) - 2023

In November 2023, the average import price for halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes amounted to $1,289 per ton, standing approximately at the previous month. Overall, the import price saw a slight setback. The pace of growth was the most pronounced in August 2023 when the average import price increased by 2.4% month-to-month. Over the period under review, average import prices reached the maximum at $1,517 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from China ($1,548 per ton) and Germany ($1,345 per ton), while the price for India ($1,178 per ton) and South Korea ($1,237 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.1%), while the prices for the other major suppliers experienced a decline.

Price for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Japan (FOB) - 2022

In 2022, the average export price for halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes amounted to $1,121 per ton, growing by 22% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 33%. Over the period under review, the average export prices hit record highs at $1,317 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($1,708 per ton), while the average price for exports to China ($832 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 Switzerland (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Japan

Imports of halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes into Japan stood at 53K tons in 2022, increasing by 1.8% against the year before. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% 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 +61.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes soared to $75M in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene to Japan in 2022:

1. South Korea (14.1K tons)
2. China (13.1K tons)
3. Germany (12.8K tons)
4. India (12.5K tons)

Exports of Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene in Japan

For the third consecutive year, Japan recorded decline in shipments abroad of halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes, which decreased by -12% to 4.8K tons in 2022. In general, exports recorded a deep setback. The smallest decline of -2% was in 2021.

In value terms, exports of halogenated derivatives of aromatic hydrocarbons; chlorobenzene, o-dichlorobenzene, and p-dichlorobenzenes expanded remarkably to $5.4M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 30%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Halogenated Derivatives of Aromatic Hydrocarbons; Chlorobenzene, O-Dichlorobenzene, and P-Dichlorobenzene from Japan in 2022:

1. India (2441.4 tons)
2. South Korea (616.2 tons)
3. China (400.0 tons)
4. Philippines (392.0 tons)
5. Switzerland (374.6 tons)
6. Nigeria (300.0 tons)
7. Taiwan (Chinese) (136.0 tons)
8. Myanmar (40.0 tons)

Source: IndexBox Market Intelligence Platform