Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Japan - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Japan (CIF) - 2023
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Japan (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Japan
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Japan

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Japan (CIF) - 2023

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $14,029 per ton in November 2023, which is down by -10% against the previous month. Over the period under review, the import price showed a pronounced decline. The growth pace was the most rapid in September 2023 when the average import price increased by 25% m-o-m. Over the period under review, average import prices attained the peak figure at $20,407 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Chile ($17,756 per ton), while the price for China stood at $10,824 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Chile (-1.7%).

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Japan (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $21,824 per ton, rising by 27% against the previous year. Over the last decade, it increased at an average annual rate of +4.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($26,620 per ton), while the average price for exports to South Korea ($15,343 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 the Netherlands (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Japan

In 2022, the amount of polymers, natural; alginic acid, its salts and esters, in primary formses imported into Japan soared to 3.5K tons, picking up by 56% on the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.4% 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 +79.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses soared to $57M in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Japan in 2022:

1. China (2.9K tons)
2. Chile (0.6K tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Japan

In 2022, the amount of polymers, natural; alginic acid, its salts and esters, in primary formses exported from Japan stood at 1.7K tons, stabilizing at 2021 figures. The total export volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $37M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 31%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Japan in 2022:

1. United Kingdom (324.9 tons)
2. United States (254.5 tons)
3. Bangladesh (238.2 tons)
4. South Africa (156.1 tons)
5. Vietnam (137.4 tons)
6. Thailand (125.4 tons)
7. Indonesia (58.0 tons)
8. Italy (45.1 tons)
9. Netherlands (44.5 tons)
10. South Korea (40.7 tons)
11. Germany (38.5 tons)
12. Malaysia (37.0 tons)
13. India (36.5 tons)

Source: IndexBox Market Intelligence Platform