Japan - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Industrial Monocarboxylic Fatty Acids in Japan - 2023
Contents:
- Price for Industrial Monocarboxylic Fatty Acids in Japan (CIF) - 2023
- Price for Industrial Monocarboxylic Fatty Acids in Japan (FOB) - 2023
- Imports of Industrial Monocarboxylic Fatty Acids in Japan
- Exports of Industrial Monocarboxylic Fatty Acids in Japan
Price for Industrial Monocarboxylic Fatty Acids in Japan (CIF) - 2023
In September 2023, the average industrial monocarboxylic fatty acids import price amounted to $2,179 per ton, increasing by 5.4% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 42% m-o-m. The import price peaked at $3,145 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($8,209 per ton), while the price for Indonesia ($1,256 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Industrial Monocarboxylic Fatty Acids in Japan (FOB) - 2023
The average industrial monocarboxylic fatty acids export price stood at $1,099 per ton in September 2023, surging by 28% against the previous month. In general, the export price, however, showed a slight slump. The pace of growth was the most pronounced in July 2023 when the average export price increased by 62% m-o-m. Over the period under review, the average export prices reached the maximum at $1,885 per ton in March 2023; however, from April 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Thailand ($4,306 per ton), while the average price for exports to China ($588 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.2%), while the prices for the other major destinations experienced a decline.
Imports of Industrial Monocarboxylic Fatty Acids in Japan
Industrial monocarboxylic fatty acids imports into Japan reached 56K tons in 2022, flattening at the previous year's figure. Over the period under review, imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 10%.
In value terms, industrial monocarboxylic fatty acids imports skyrocketed to $147M in 2022. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Industrial Monocarboxylic Fatty Acids in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 32.5 | 26.3 | 42.4 | 64.6 | 25.7% |
India | 22.3 | 18.6 | 25.4 | 30.4 | 10.9% |
Indonesia | 15.3 | 11.2 | 16.4 | 17.3 | 4.2% |
Germany | 4.6 | 5.2 | 5.4 | 11.9 | 37.3% |
Belgium | 4.6 | 4.1 | 6.2 | 8.6 | 23.2% |
Netherlands | 6.8 | 5.0 | 9.9 | 8.1 | 6.0% |
Thailand | 4.1 | 3.6 | 4.2 | 4.6 | 3.9% |
Others | 1.1 | 1.3 | 1.6 | 1.6 | 13.3% |
Total | 91.3 | 75.3 | 112 | 147 | 17.2% |
Top Suppliers of Industrial Monocarboxylic Fatty Acids to Japan in 2022:
- Malaysia (29.6K tons)
- India (11.0K tons)
- Indonesia (8.4K tons)
- Germany (1.9K tons)
- Thailand (1.8K tons)
- Belgium (1.6K tons)
- Netherlands (1.2K tons)
Exports of Industrial Monocarboxylic Fatty Acids in Japan
In 2022, shipments abroad of industrial monocarboxylic fatty acids decreased by -18.7% to 5.7K tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 74%. As a result, the exports attained the peak of 7.9K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, industrial monocarboxylic fatty acids exports soared to $12M in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 41%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Industrial Monocarboxylic Fatty Acids in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 1,254 | 1,735 | 1,567 | 3,479 | 40.5% |
Singapore | 3.1 | 11.9 | 42.4 | 2,823 | 869.3% |
China | 252 | 434 | 1,066 | 1,665 | 87.6% |
Taiwan (Chinese) | 787 | 908 | 1,393 | 1,553 | 25.4% |
Malaysia | 748 | 955 | 2,440 | 1,116 | 14.3% |
Thailand | 501 | 631 | 918 | 985 | 25.3% |
South Korea | 350 | 434 | 541 | 305 | -4.5% |
Netherlands | N/A | 377 | 29.1 | N/A | -92.3% |
Others | 1,363 | 1,905 | 1,033 | 502 | -28.3% |
Total | 5,258 | 7,390 | 9,029 | 12,427 | 33.2% |
Top Export Markets for Industrial Monocarboxylic Fatty Acids from Japan in 2022:
- Indonesia (1524.3 tons)
- Singapore (1294.3 tons)
- Taiwan (Chinese) (770.0 tons)
- China (704.1 tons)
- Malaysia (639.5 tons)
- Thailand (429.6 tons)
- South Korea (152.0 tons)
This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
- Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for industrial monocarboxylic fatty acids with valuable insights and statistics from the IndexBox market intelligence platform.
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