Japan - Palmitic Acid, Stearic Acid, Their Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan - 2023
Contents:
- Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan (CIF) - 2023
- Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan (FOB) - 2023
- Imports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan
- Exports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan
Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan (CIF) - 2023
In November 2023, the average import price for palmitic acid, stearic acid, their salts and esters amounted to $1,483 per ton, picking up by 2.9% against the previous month. Overall, the import price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 19% m-o-m. The import price peaked at $1,924 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($4,806 per ton), while the price for Indonesia ($1,270 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 Thailand (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan (FOB) - 2023
The average export price for palmitic acid, stearic acid, their salts and esters stood at $4,745 per ton in November 2023, which is down by -8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in December 2022 an increase of 53% m-o-m. Over the period under review, the average export prices hit record highs at $6,322 per ton in January 2023; however, from February 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the United States ($15,461 per ton), while the average price for exports to Kenya ($3,363 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 (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan
In 2022, imports of palmitic acid, stearic acid, their salts and esters into Japan totaled 33K tons, surging by 14% on the previous year's figure. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of palmitic acid, stearic acid, their salts and esters skyrocketed to $69M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 18.7 | 18.1 | 24.9 | 31.4 | 18.9% |
| Indonesia | 3.6 | 6.4 | 11.2 | 19.1 | 74.4% |
| South Korea | 4.3 | 3.1 | 5.1 | 6.3 | 13.6% |
| China | 1.5 | 1.2 | 3.3 | 4.8 | 47.4% |
| Singapore | 1.5 | 1.5 | 2.6 | 2.7 | 21.6% |
| Taiwan (Chinese) | 4.3 | 1.8 | 1.7 | 1.6 | -28.1% |
| Thailand | 1.1 | 0.9 | 0.7 | 1.4 | 8.4% |
| Others | 1.2 | 2.3 | 1.2 | 1.5 | 7.7% |
| Total | 36.2 | 35.3 | 50.7 | 69.0 | 24.0% |
Top Suppliers of Palmitic Acid, Stearic Acid, Their Salts and Esters to Japan in 2022:
- Malaysia (17.4K tons)
- Indonesia (11.2K tons)
- Singapore (1.3K tons)
- China (1.2K tons)
- South Korea (0.8K tons)
- Thailand (0.7K tons)
- Taiwan (Chinese) (0.5K tons)
Exports of Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan
In 2022, the amount of palmitic acid, stearic acid, their salts and esters exported from Japan fell to 2.5K tons, which is down by -8.5% on 2021 figures. Over the period under review, exports showed a abrupt shrinkage. The smallest decline of -5% was in 2021.
In value terms, exports of palmitic acid, stearic acid, their salts and esters stood at $12M in 2022. In general, exports recorded a noticeable contraction.
| Export of Palmitic Acid, Stearic Acid, Their Salts and Esters in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 4.3 | 3.7 | 3.3 | -9.8% |
| United States | 1.3 | 0.9 | 1.2 | 1.8 | 11.5% |
| South Korea | 1.7 | 1.5 | 1.6 | 1.6 | -2.0% |
| Thailand | 1.3 | 1.2 | 1.3 | 1.1 | -5.4% |
| Taiwan (Chinese) | 0.9 | 0.9 | 1.1 | 0.9 | 0.0% |
| Vietnam | 0.8 | 0.8 | 0.8 | 0.9 | 4.0% |
| Kenya | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
| Indonesia | 0.5 | 0.2 | 0.4 | 0.5 | 0.0% |
| Others | 2.2 | 1.9 | 1.9 | 1.9 | -4.8% |
| Total | 13.4 | 11.9 | 12.2 | 12.5 | -2.3% |
Top Export Markets for Palmitic Acid, Stearic Acid, Their Salts and Esters from Japan in 2022:
- China (777.8 tons)
- Thailand (334.4 tons)
- Vietnam (294.0 tons)
- South Korea (273.8 tons)
- Taiwan (Chinese) (194.3 tons)
- United States (159.7 tons)
- Kenya (151.5 tons)
- Indonesia (87.6 tons)
This report provides an in-depth analysis of the market for palmitic acid, stearic acid, their salts and esters 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 20143235 - Palmitic acid, stearic acid, their salts and esters
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
-
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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