Japan - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights

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Price for Tall Oil Fatty Acids in Japan - 2023

Contents:

  1. Price for Tall Oil Fatty Acids in Japan (CIF) - 2023
  2. Price for Tall Oil Fatty Acids in Japan (FOB) - 2023
  3. Imports of Tall Oil Fatty Acids in Japan
  4. Exports of Tall Oil Fatty Acids in Japan

Price for Tall Oil Fatty Acids in Japan (CIF) - 2023

In July 2023, the average tall oil fatty acids import price amounted to $2,903 per ton, with an increase of 4.1% against the previous month. Overall, the import price recorded a noticeable increase. The pace of growth appeared the most rapid in December 2022 an increase of 137% month-to-month. As a result, import price attained the peak level of $5,647 per ton. From January 2023 to July 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($3,750 per ton), while the price for Finland stood at $2,900 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.8%).

Price for Tall Oil Fatty Acids in Japan (FOB) - 2023

In July 2023, the average tall oil fatty acids export price amounted to $2,531 per ton, approximately equating the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 20% month-to-month. Over the period under review, the average export prices attained the peak figure at $3,415 per ton in January 2023; however, from February 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($5,219 per ton), while the average price for exports to the United Arab Emirates ($2,108 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 China (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tall Oil Fatty Acids in Japan

In 2022, supplies from abroad of industrial tall oil fatty acids decreased by -15.4% to 2.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. As a result, imports reached the peak of 3.2K tons, and then contracted rapidly in the following year.

In value terms, tall oil fatty acids imports contracted markedly to $4M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value 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 +56.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 55%. As a result, imports reached the peak of $4.9M, and then declined notably in the following year.

Import of Tall Oil Fatty Acids in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland2.12.74.53.720.8%
United States0.40.40.40.3-9.1%
OthersN/A0.10.1N/A0.0%
Total2.63.24.94.015.4%

Top Suppliers of Tall Oil Fatty Acids to Japan in 2022:

  1. Finland (2516.0 tons)
  2. United States (214.6 tons)

Exports of Tall Oil Fatty Acids in Japan

In 2022, approx. 2.4K tons of industrial tall oil fatty acids were exported from Japan; waning by -13.8% compared with the previous year. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year.

In value terms, tall oil fatty acids exports reduced to $3.2M in 2022. Over the period under review, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year.

Export of Tall Oil Fatty Acids in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia3412941,07770127.2%
Singapore4523679175979.7%
United States1,793808123578-31.4%
Taiwan (Chinese)3462355793772.9%
Thailand20136752334019.2%
India764220194250-31.1%
United Arab Emirates70246.9215205-33.7%
China24916049.397.2-26.9%
Others224182139103-22.8%
Total5,0732,6803,8163,248-13.8%

Top Export Markets for Tall Oil Fatty Acids from Japan in 2022:

  1. Malaysia (562.4 tons)
  2. United States (494.4 tons)
  3. Singapore (475.7 tons)
  4. Taiwan (Chinese) (215.7 tons)
  5. United Arab Emirates (192.7 tons)
  6. Thailand (177.5 tons)
  7. India (139.8 tons)
  8. China (51.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for tall oil fatty acids 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 20143150 - Industrial tall oil fatty acids

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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