Japan - Salt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSalt Price in Japan - 2023
Contents:
- Salt Price in Japan (CIF) - 2023
- Salt Price in Japan (FOB) - 2023
- Salt Imports in Japan
- Salt Exports in Japan
Salt Price in Japan (CIF) - 2023
In September 2023, the average salt import price amounted to $64.1 per ton, with an increase of 28% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 44% month-to-month. As a result, import price reached the peak level of $74.0 per ton. From December 2022 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($97.0 per ton), while the price for Australia stood at $56.0 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Salt Price in Japan (FOB) - 2023
In September 2023, the average salt export price amounted to $1,003 per ton, reducing by -15.1% against the previous month. Overall, the export price, however, showed a noticeable increase. The growth pace was the most rapid in April 2023 an increase of 81% month-to-month. The export price peaked at $1,838 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Vietnam ($3,577 per ton), while the average price for exports to Singapore ($570 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Salt Imports in Japan
In 2022, imports of salt and pure sodium chloride into Japan reduced remarkably to 6.3M tons, with a decrease of -15.4% compared with the year before. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 5.7%.
In value terms, salt imports expanded modestly to $345M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Salt in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 131 | 130 | 133 | 172 | 9.5% |
| Mexico | 109 | 89.1 | 93.1 | 92.8 | -5.2% |
| China | 26.4 | 21.4 | 48.2 | 58.4 | 30.3% |
| India | 44.7 | 40.9 | 41.8 | 4.6 | -53.1% |
| Others | 12.5 | 15.1 | 16.0 | 17.6 | 12.1% |
| Total | 323 | 296 | 332 | 345 | 2.2% |
Top Suppliers of Salt to Japan in 2022:
- Australia (3.3M tons)
- Mexico (2.4M tons)
- China (0.5M tons)
- India (0.1M tons)
Salt Exports in Japan
For the fourth consecutive year, Japan recorded growth in overseas shipments of salt and pure sodium chloride, which increased by 51% to 2.8K tons in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, salt exports shrank slightly to $4M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $4.1M, and then shrank modestly in the following year.
| Export of Salt in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 7.8 | 4.8 | N/A | 720 | 351.9% |
| China | 451 | 515 | 999 | 553 | 7.0% |
| Hong Kong SAR | 393 | 662 | 490 | 521 | 9.9% |
| Singapore | 235 | 288 | 324 | 510 | 29.5% |
| Taiwan (Chinese) | 398 | 462 | 444 | 406 | 0.7% |
| Thailand | 201 | 296 | 330 | 234 | 5.2% |
| South Korea | 61.4 | 60.3 | 152 | 217 | 52.3% |
| Vietnam | 115 | 156 | 240 | 195 | 19.2% |
| Germany | 885 | 264 | 262 | 184 | -40.8% |
| Micronesia | 33.6 | N/A | N/A | N/A | 0% |
| Others | 852 | 749 | 899 | 414 | -21.4% |
| Total | 3,634 | 3,456 | 4,140 | 3,954 | 2.9% |
Top Export Markets for Salt from Japan in 2022:
- Singapore (887.0 tons)
- Taiwan (Chinese) (308.0 tons)
- China (285.0 tons)
- Hong Kong SAR (208.0 tons)
- Macao SAR (149.3 tons)
- Thailand (114.0 tons)
- South Korea (104.2 tons)
- Vietnam (72.0 tons)
- Germany (17.0 tons)
This report provides an in-depth analysis of the salt market 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 08931000 - Salt (including denatured salt but excluding salt suitable for human consumption) and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents
- Prodcom 10843000 - Salt suitable for human consumption
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.
-
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
-
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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This report provides an in-depth analysis of the salt market in Japan.
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This report provides an in-depth analysis of the global salt market.
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This report provides an in-depth analysis of the salt market in Japan.
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This report provides an in-depth analysis of the global salt market.
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Learn how to successfully enter the Japanese salt market with this comprehensive guide. Discover market statistics, official data sources, and key strategies for a successful market entry.
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In 2014, Mexico (X%), Australia (X%), India (X%) and China (X%) were the leading suppliers of salt and pure sodium chloride to Japan, together making up X% of Japan's imports in physical terms. And while the share of China increased significantly
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In 2020, the global salt market experienced a decline, following a drop in output in the consumer industries. Despite this, a stable growth in the demand for salt is expected in the future from the chemical and food sectors; the increasing use of salt in alternative energy is also a factor.
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The global salt market revenue amounted to $27.4B in 2018, growing by 11% against the previous year. This figure reflects ...
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From 2007 to 2015, global salt exports exhibited a pronounced growth trend, with the exception of minor declines in 2012 and 2015. Exports amounted to X million USD in 2015. There was an annual increase of +X% throughout the analyzed period.
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In value terms, salts of oxometallic and peroxometallic acids imports totaled $X in 2016. Overall, it indicated a moderate increase from 2007 to 2016: the total imports value decreased at an averag...
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In value terms, salts of inorganic acids and peroxoacids imports stood at $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average ...
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In value terms, salts of oxometallic and peroxometallic acids exports amounted to $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total exports value decreased at an ...
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In value terms, salts of inorganic acids and peroxoacids exports totaled $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annu...
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In 2016, approx. X tons of salt were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
