Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan - 2023

Contents:

  1. Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan (FOB) - 2023
  2. Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan (CIF) - 2023
  3. Exports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan
  4. Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan

Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan (FOB) - 2023

In November 2023, the average export price for halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses amounted to $20,829 per ton, rising by 19% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 49% against the previous month. As a result, the export price attained the peak level of $24,396 per ton. From February 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Taiwan (Chinese) ($39,419 per ton), while the average price for exports to Malaysia ($5,347 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 the United States (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan (CIF) - 2023

In November 2023, the average import price for halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses amounted to $12,418 per ton, shrinking by -5.9% against the previous month. Over the period under review, the import price saw a mild setback. The pace of growth was the most pronounced in September 2023 an increase of 25% against the previous month. As a result, import price reached the peak level of $17,610 per ton. From October 2023 to November 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($57,497 per ton), while the price for China ($11,130 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 Netherlands (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan

In 2022, approx. 4.7K tons of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses were exported from Japan; shrinking by -12.1% on the previous year's figure. Overall, exports showed a slight descent. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of 5.3K tons, and then declined in the following year.

In value terms, exports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses reduced to $78M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 30%. As a result, the exports reached the peak of $89M, and then fell in the following year.

Export of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.814.118.219.36.9%
China13.215.920.816.37.3%
South Korea10.89.911.811.00.6%
Taiwan (Chinese)7.57.68.18.33.4%
Vietnam8.67.710.35.6-13.3%
Thailand6.43.85.54.9-8.5%
Belgium5.23.13.84.2-6.9%
Netherlands3.01.22.92.4-7.2%
Germany2.01.43.22.46.3%
Others4.24.04.84.0-1.6%
Total76.768.889.478.40.7%

Top Export Markets for Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms from Japan in 2022:

  1. China (1318.5 tons)
  2. United States (965.2 tons)
  3. Taiwan (Chinese) (392.9 tons)
  4. South Korea (377.7 tons)
  5. Vietnam (364.7 tons)
  6. Thailand (307.7 tons)
  7. Belgium (287.3 tons)
  8. Germany (234.9 tons)
  9. Netherlands (119.2 tons)

Imports of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan

In 2022, the amount of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses imported into Japan soared to 4.6K tons, rising by 30% compared with the year before. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% 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 +98.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 52%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of halogenated olefin polymers; fluoro-polymers, polytetrafluoroethylene, in primary formses skyrocketed to $68M in 2022. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.913.321.830.311.4%
Germany6.84.611.914.127.5%
United States7.76.38.08.84.6%
India5.33.45.47.813.7%
Netherlands1.40.31.95.355.9%
United Kingdom2.33.90.40.5-39.9%
Russia1.20.40.30.4-30.7%
Others0.40.50.61.140.1%
Total46.932.850.368.413.4%

Top Suppliers of Halogenated Olefin Polymers; Fluoro-Polymers, Polytetrafluoroethylene, in Primary Forms to Japan in 2022:

  1. China (2515.0 tons)
  2. Germany (813.9 tons)
  3. India (486.4 tons)
  4. United States (373.9 tons)
  5. Netherlands (301.3 tons)
  6. Russia (46.5 tons)
  7. United Kingdom (37.8 tons)
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