Price for Iodides and Iodide Oxides in Japan - 2023
Contents:
- Price for Iodides and Iodide Oxides in Japan (FOB) - 2023
- Price for Iodides and Iodide Oxides in Japan (CIF) - 2022
- Exports of Iodides and Iodide Oxides in Japan
- Imports of Iodides and Iodide Oxides in Japan
Price for Iodides and Iodide Oxides in Japan (FOB) - 2023
In September 2023, the average iodides and iodide oxides export price amounted to $22,942 per ton, reducing by -18.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 63% against the previous month. As a result, the export price attained the peak level of $29,246 per ton. From January 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($39,304 per ton), while the average price for exports to Taiwan (Chinese) ($16,833 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 China (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iodides and Iodide Oxides in Japan (CIF) - 2022
The average iodides and iodide oxides import price stood at $12,432 per ton in 2022, waning by -1.6% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 50% against the previous year. Over the period under review, average import prices reached the peak figure at $45,612 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($22,896 per ton), while the price for South Korea totaled $4,815 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), while the prices for the other major suppliers experienced a decline.
Exports of Iodides and Iodide Oxides in Japan
In 2022, after three years of growth, there was significant decline in shipments abroad of iodides and iodide oxideses, when their volume decreased by -8.9% to 2.2K tons. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 7.8% against the previous year. As a result, the exports attained the peak of 2.4K tons, and then declined in the following year.
In value terms, iodides and iodide oxides exports dropped to $46M in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 8.9%. As a result, the exports reached the peak of $52M, and then shrank in the following year.
| Export of Iodides and Iodide Oxides in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 15.1 | 16.3 | 15.3 | 16.0 | 1.9% |
| China | 10.8 | 10.1 | 13.7 | 13.3 | 7.2% |
| Taiwan (Chinese) | 16.5 | 16.4 | 16.0 | 11.8 | -10.6% |
| Thailand | 1.8 | 1.4 | 1.9 | 2.0 | 3.6% |
| Others | 2.1 | 3.9 | 5.4 | 3.0 | 12.6% |
| Total | 46.2 | 48.1 | 52.4 | 46.1 | -0.1% |
Top Export Markets for Iodides and Iodide Oxides from Japan in 2022:
- South Korea (912.2 tons)
- Taiwan (Chinese) (634.5 tons)
- China (503.9 tons)
- Thailand (79.5 tons)
Imports of Iodides and Iodide Oxides in Japan
In 2022, approx. 517 tons of iodides and iodide oxideses were imported into Japan; jumping by 33% against 2021. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, iodides and iodide oxides imports skyrocketed to $6.4M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 45%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Iodides and Iodide Oxides in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 1.2 | 1.8 | 4.2 | 175.9% |
| South Korea | 1.0 | 0.8 | 1.4 | 1.6 | 17.0% |
| Germany | 1.1 | 1.5 | 0.8 | N/A | -14.7% |
| India | 0.2 | N/A | 0.5 | N/A | 58.1% |
| Others | 0.5 | 0.8 | 0.6 | 0.6 | 6.3% |
| Total | 3.0 | 4.3 | 4.9 | 6.4 | 28.7% |
Top Suppliers of Iodides and Iodide Oxides to Japan in 2022:
- South Korea (330.2 tons)
- China (183.7 tons)
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