Japan - Polyesters in Primary Forms (excluding Polyacetals, Polyethers, Epoxide Resins, Polycarbonates, Alkyd Resins, Polyethylene Terephthalate, other Unsaturated Polyesters) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyesters in Primary Forms in Japan - 2023
Contents:
- Price for Polyesters in Primary Forms in Japan (FOB) - 2023
- Price for Polyesters in Primary Forms in Japan (CIF) - 2023
- Exports of Polyesters in Primary Forms in Japan
- Imports of Polyesters in Primary Forms in Japan
Price for Polyesters in Primary Forms in Japan (FOB) - 2023
The average polyesters in primary forms export price stood at $5,501 per ton in July 2023, rising by 4.6% against the previous month. In general, the export price, however, saw a mild descent. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 9.6% against the previous month. The export price peaked at $6,739 per ton in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($8,080 per ton), while the average price for exports to the United States ($2,820 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+1.5%), while the prices for the other major destinations experienced a decline.
Price for Polyesters in Primary Forms in Japan (CIF) - 2023
The average polyesters in primary forms import price stood at $3,043 per ton in July 2023, shrinking by -1.7% against the previous month. In general, the import price saw a perceptible curtailment. The pace of growth appeared the most rapid in February 2023 an increase of 10% month-to-month. The import price peaked at $3,976 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($12,348 per ton), while the price for Malaysia ($2,210 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced a decline.
Exports of Polyesters in Primary Forms in Japan
In 2022, approx. 109K tons of polyesters in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate, other unsaturated polyesters) were exported from Japan; declining by -4.4% on 2021 figures. The total export volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of 114K tons, and then reduced modestly in the following year.
In value terms, polyesters in primary forms exports dropped slightly to $649M in 2022. The total export value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of $655M, leveling off in the following year.
Export of Polyesters in Primary Forms in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 208 | 217 | 253 | 252 | 6.6% |
Taiwan (Chinese) | 71.3 | 102 | 118 | 125 | 20.6% |
United States | 40.1 | 27.1 | 39.3 | 42.9 | 2.3% |
Thailand | 36.3 | 30.6 | 46.2 | 40.2 | 3.5% |
South Korea | 37.8 | 32.8 | 39.1 | 33.2 | -4.2% |
Vietnam | 19.5 | 17.3 | 23.2 | 23.8 | 6.9% |
Hong Kong SAR | 22.4 | 20.8 | 26.0 | 21.4 | -1.5% |
Philippines | 15.2 | 13.2 | 19.3 | 17.7 | 5.2% |
Malaysia | 15.1 | 13.3 | 16.2 | 15.9 | 1.7% |
Belgium | 9.1 | 11.4 | 12.0 | 12.7 | 11.8% |
Indonesia | 8.4 | 6.5 | 9.8 | 10.5 | 7.7% |
Others | 42.8 | 41.7 | 53.0 | 53.8 | 7.9% |
Total | 526 | 534 | 655 | 649 | 7.3% |
Top Export Markets for Polyesters in Primary Forms from Japan in 2022:
- China (46.8K tons)
- Taiwan (Chinese) (12.4K tons)
- United States (9.9K tons)
- Thailand (8.1K tons)
- South Korea (4.8K tons)
- Vietnam (4.1K tons)
- Malaysia (3.5K tons)
- Hong Kong SAR (3.3K tons)
- Philippines (2.7K tons)
- Belgium (2.0K tons)
- Indonesia (1.8K tons)
Imports of Polyesters in Primary Forms in Japan
In 2022, approx. 212K tons of polyesters in primary forms (excluding polyacetals, polyethers, epoxide resins, polycarbonates, alkyd resins, polyethylene terephthalate, other unsaturated polyesters) were imported into Japan; with an increase of 32% against the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, polyesters in primary forms imports skyrocketed to $654M in 2022. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 75% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Polyesters in Primary Forms in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 98.8 | 68.9 | 186 | 142 | 12.9% |
Taiwan (Chinese) | 72.7 | 64.6 | 139 | 132 | 22.0% |
United States | 99.6 | 84.6 | 100 | 93.2 | -2.2% |
Malaysia | 34.2 | 30.2 | 48.2 | 52.7 | 15.5% |
South Korea | 29.6 | 21.3 | 26.2 | 27.9 | -2.0% |
Thailand | 13.2 | 17.4 | 14.3 | 16.7 | 8.2% |
Germany | 14.6 | 12.0 | 14.6 | 16.5 | 4.2% |
Others | 24.4 | 22.3 | 34.2 | 173 | 92.1% |
Total | 387 | 321 | 563 | 654 | 19.1% |
Top Suppliers of Polyesters in Primary Forms to Japan in 2022:
- China (44.7K tons)
- Taiwan (Chinese) (44.0K tons)
- Malaysia (16.7K tons)
- United States (13.7K tons)
- South Korea (9.6K tons)
- Thailand (4.5K tons)
- Germany (3.7K tons)
This report provides an in-depth analysis of the market for polyesters in primary forms 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 20164090 - Polyesters, in primary forms (excluding polyacetals, p olyethers, epoxide resins, polycarbonates, alkyd resins, p olyethylene terephthalate, other unsaturated polyesters)
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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