Japan - Phosphates Of Mono- Or Di-Sodium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Phosphates Price in Japan - 2023
Contents:
- Sodium Phosphates Price in Japan (FOB) - 2023
- Sodium Phosphates Price in Japan (CIF) - 2022
- Sodium Phosphates Exports in Japan
- Sodium Phosphates Imports in Japan
Sodium Phosphates Price in Japan (FOB) - 2023
In September 2023, the average sodium phosphates export price amounted to $7,645 per ton, growing by 27% against the previous month. Over the period under review, the export price continues to indicate notable growth. The growth pace was the most rapid in October 2022 when the average export price increased by 162% against the previous month. The export price peaked at $14,833 per ton in February 2023; however, from March 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Indonesia ($68,621 per ton), while the average price for exports to Hong Kong SAR ($5,675 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 (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Phosphates Price in Japan (CIF) - 2022
The average sodium phosphates import price stood at $2,732 per ton in 2022, picking up by 21% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium phosphates import price increased by +64.4% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of 29% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,430 per ton), while the price for China ($2,262 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Phosphates Exports in Japan
In 2022, approx. 423 tons of phosphates of mono- or di-sodium were exported from Japan; with a decrease of -15% on 2021. Overall, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, the exports attained the peak of 497 tons, and then shrank sharply in the following year.
In value terms, sodium phosphates exports stood at $3.2M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sodium Phosphates in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,112 | 1,818 | 968 | 1,259 | -15.8% |
| South Korea | 340 | 594 | 1,041 | 820 | 34.1% |
| Singapore | 8.2 | N/A | 97.5 | 381 | 259.5% |
| Vietnam | 198 | 253 | 212 | 243 | 7.1% |
| Hong Kong SAR | 132 | 10.9 | 163 | 117 | -3.9% |
| Taiwan (Chinese) | 8.0 | 2.0 | 59.1 | 67.4 | 103.5% |
| Cambodia | 162 | 18.7 | 110 | N/A | -17.6% |
| Others | 202 | 247 | 308 | 296 | 13.6% |
| Total | 3,162 | 2,944 | 2,958 | 3,184 | 0.2% |
Top Export Markets for Sodium Phosphates from Japan in 2022:
- South Korea (194.3 tons)
- United States (132.2 tons)
- Vietnam (28.9 tons)
- Singapore (21.6 tons)
- Hong Kong SAR (18.1 tons)
- Taiwan (Chinese) (9.1 tons)
Sodium Phosphates Imports in Japan
In 2022, after two years of decline, there was significant growth in overseas purchases of phosphates of mono- or di-sodium, when their volume increased by 5.1% to 678 tons. In general, imports, however, saw a relatively flat trend pattern.
In value terms, sodium phosphates imports surged to $1.9M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +60.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Phosphates in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 370 | 369 | 405 | 660 | 21.3% |
| Germany | 261 | 276 | 396 | 516 | 25.5% |
| Thailand | 432 | 360 | 432 | 494 | 4.6% |
| United States | 36.5 | 45.3 | 152 | 107 | 43.1% |
| France | 88.2 | 103 | 74.2 | 73.6 | -5.9% |
| Others | 25.7 | 1.9 | 2.8 | 1.6 | -60.4% |
| Total | 1,214 | 1,156 | 1,461 | 1,853 | 15.1% |
Top Suppliers of Sodium Phosphates to Japan in 2022:
- China (291.8 tons)
- Thailand (201.5 tons)
- Germany (134.4 tons)
- France (26.3 tons)
- United States (24.1 tons)
This report provides an in-depth analysis of the sodium phosphates 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 20134230 - Phosphates of mono- or di-sodium
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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