Japan - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene in Primary Forms in Japan - 2023
Contents:
- Price for Polyethylene in Primary Forms in Japan (FOB) - 2023
- Price for Polyethylene in Primary Forms in Japan (CIF) - 2023
- Exports of Polyethylene in Primary Forms in Japan
- Imports of Polyethylene in Primary Forms in Japan
Price for Polyethylene in Primary Forms in Japan (FOB) - 2023
In July 2023, the average polyethylene in primary forms export price amounted to $1,041 per ton, reducing by -2.6% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 9.2% month-to-month. As a result, the export price reached the peak level of $1,248 per ton. From February 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was South Korea ($2,258 per ton), while the average price for exports to China ($792 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 Taiwan (Chinese) (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polyethylene in Primary Forms in Japan (CIF) - 2023
The average polyethylene in primary forms import price stood at $1,297 per ton in July 2023, remaining constant against the previous month. Over the period under review, the import price, however, saw a slight reduction. The growth pace was the most rapid in March 2023 an increase of 5% against the previous month. Over the period under review, average import prices reached the peak figure at $1,603 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 the United States ($1,707 per ton), while the price for Qatar ($1,116 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 South Korea (-0.6%), while the prices for the other major suppliers experienced a decline.
Exports of Polyethylene in Primary Forms in Japan
In 2022, overseas shipments of polyethylene in primary forms decreased by -13.5% to 390K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 17%.
In value terms, polyethylene in primary forms exports dropped to $459M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, the exports attained the peak of $532M, and then reduced in the following year.
Export of Polyethylene in Primary Forms in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
China | 229 | 245 | 7.0% | ||
South Korea | 42.8 | 45.8 | 7.0% | ||
Taiwan (Chinese) | 27.5 | 30.6 | 11.3% | ||
Thailand | 31.1 | 27.3 | -12.2% | ||
Vietnam | 18.1 | 23.5 | 29.8% | ||
India | 6.9 | 12.4 | 79.7% | ||
Indonesia | 13.7 | 10.1 | -26.3% | ||
Hong Kong SAR | 11.2 | 8.7 | -22.3% | ||
Others | 68.5 | 50.4 | -26.4% | ||
Total | 449 | 454 | 1.1% |
Top Export Markets for Polyethylene in Primary Forms from Japan in 2022:
- China (289.3K tons)
- Vietnam (24.4K tons)
- South Korea (19.5K tons)
- Taiwan (Chinese) (19.4K tons)
- Thailand (17.7K tons)
- India (15.7K tons)
- Hong Kong SAR (9.1K tons)
- Indonesia (7.9K tons)
Imports of Polyethylene in Primary Forms in Japan
In 2022, purchases abroad of polyethylene in primary forms was finally on the rise to reach 337K tons after two years of decline. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some 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, polyethylene in primary forms imports soared to $497M in 2022. In general, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Polyethylene in Primary Forms in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
Thailand | 204 | 148 | -27.5% | ||
United States | 13.5 | 13.7 | 1.5% | ||
Malaysia | 15.5 | 13.0 | -16.1% | ||
Singapore | 13.9 | 11.1 | -20.1% | ||
South Korea | 14.1 | 11.0 | -22.0% | ||
Saudi Arabia | 19.2 | 9.8 | -49.0% | ||
Qatar | 8.1 | 4.8 | -40.7% | ||
Others | 32.4 | 21.5 | -33.6% | ||
Total | 320 | 233 | -27.2% |
Top Suppliers of Polyethylene in Primary Forms to Japan in 2022:
- Thailand (154.5K tons)
- Malaysia (12.9K tons)
- Singapore (11.2K tons)
- United States (9.9K tons)
- Saudi Arabia (9.8K tons)
- South Korea (8.1K tons)
- Qatar (5.1K tons)
This report provides an in-depth analysis of the market for polyethylene 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
- Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
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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