Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan - 2023

Contents:

  1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan (CIF) - 2023
  2. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan (FOB) - 2022
  3. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan
  4. Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan (CIF) - 2023

The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $74,731 per ton in November 2023, surging by 7.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in September 2023 an increase of 12% against the previous month. Over the period under review, average import prices attained the maximum in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was China ($108K per ton), while the price for Lithuania ($49,030 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 China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan (FOB) - 2022

In 2022, the average export price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $41,358 per ton, with a decrease of -6.6% against the previous year. In general, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2016 an increase of 14%. Over the period under review, the average export prices reached the maximum at $46,849 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($59,482 per ton), while the average price for exports to Indonesia ($29,161 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 China (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan

In 2022, approx. 880 tons of pharmaceutical goods; appliances identifiable for ostomy uses were imported into Japan; picking up by 6.1% compared with the previous year. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 8.1%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses reduced to $63M in 2022. In general, imports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2020 when imports increased by 6.5% against the previous year. As a result, imports attained the peak of $76M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary18.721.022.815.2-6.7%
Ireland12.214.213.314.45.7%
United States14.712.512.29.3-14.2%
Denmark12.712.411.28.3-13.2%
Dominican Republic9.810.47.27.6-8.1%
Costa Rica0.20.80.52.1119.0%
Germany1.62.61.92.07.7%
United Kingdom0.70.91.41.219.7%
China0.91.01.10.90.0%
Others0.30.60.71.674.7%
Total71.876.572.262.6-4.5%

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Japan in 2022:

  1. Hungary (242.6 tons)
  2. Ireland (170.8 tons)
  3. Dominican Republic (151.4 tons)
  4. United States (101.1 tons)
  5. Denmark (97.3 tons)
  6. Germany (32.7 tons)
  7. Costa Rica (32.6 tons)
  8. United Kingdom (15.7 tons)
  9. China (14.1 tons)

Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan

In 2022, the amount of pharmaceutical goods; appliances identifiable for ostomy uses exported from Japan fell to 51 tons, waning by -4.1% compared with 2021 figures. Over the period under review, exports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 8.4% against the previous year.

In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses dropped to $2.1M in 2022. In general, exports saw a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of 3.9% against the previous year.

Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5401,2261,4621,347-4.4%
Taiwan (Chinese)254370233228-3.5%
Indonesia350176296213-15.3%
Thailand1052791271245.7%
Hong Kong SAR54.911910012230.5%
India3.060.844.340.2137.5%
Others86.249.310746.1-18.8%
Total2,3932,2792,3692,121-3.9%

Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Japan in 2022:

  1. China (30.0 tons)
  2. Indonesia (7.3 tons)
  3. Taiwan (Chinese) (7.1 tons)
  4. Hong Kong SAR (2.4 tons)
  5. Thailand (2.1 tons)
  6. India (1.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Pharmaceutical goods; appliances identifiable for ostomy use - Japan