Japan - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphates Price in Japan - 2023
Contents:
- Sulphates Price in Japan (CIF) - 2023
- Sulphates Price in Japan (FOB) - 2022
- Sulphates Imports in Japan
- Sulphates Exports in Japan
Sulphates Price in Japan (CIF) - 2023
In July 2023, the average sulphates import price amounted to $2,329 per ton, surging by 3% against the previous month. Over the period under review, the import price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in May 2023 an increase of 19% month-to-month. Over the period under review, average import prices attained the peak figure at $4,829 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a 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 Finland ($6,524 per ton), while the price for Spain ($322 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 Spain (+1.2%), while the prices for the other major suppliers experienced a decline.
Sulphates Price in Japan (FOB) - 2022
The average sulphates export price stood at $1,072 per ton in 2022, waning by -6.2% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 52% against the previous year. As a result, the export price attained the peak level of $1,503 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($4,706 per ton), while the average price for exports to Australia ($196 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 China (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates Imports in Japan
For the third year in a row, Japan recorded decline in supplies from abroad of sulphates (excluding those of aluminium and barium), which decreased by -2.1% to 340K tons in 2022. Overall, imports recorded a pronounced decrease.
In value terms, sulphates imports soared to $864M in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 43%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Sulphates in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 222 | 185 | 232 | 283 | 8.4% |
| Finland | 92.1 | 107 | 174 | 191 | 27.5% |
| China | 77.7 | 76.9 | 104 | 170 | 29.8% |
| South Korea | 61.5 | 82.0 | 126 | 158 | 37.0% |
| Belgium | 12.0 | 23.6 | 45.7 | 52.4 | 63.4% |
| Others | 8.0 | 7.6 | 7.6 | 9.7 | 6.6% |
| Total | 473 | 482 | 690 | 864 | 22.2% |
Top Suppliers of Sulphates to Japan in 2022:
- South Korea (172.4K tons)
- China (73.3K tons)
- Taiwan (Chinese) (49.9K tons)
- Finland (22.5K tons)
- Belgium (8.7K tons)
Sulphates Exports in Japan
In 2022, the amount of sulphates (excluding those of aluminium and barium) exported from Japan stood at 62K tons, almost unchanged from the year before. Over the period under review, exports, however, showed a slight setback. The most prominent rate of growth was recorded in 2020 with an increase of 6.2%. As a result, the exports attained the peak of 69K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sulphates exports dropped to $67M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. As a result, the exports reached the peak of $70M, and then dropped in the following year.
| Export of Sulphates in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 9.2 | 11.5 | 11.2 | 14.6 | 16.6% |
| South Korea | 12.1 | 8.8 | 9.6 | 8.6 | -10.8% |
| Malaysia | 5.0 | 4.7 | 5.3 | 6.8 | 10.8% |
| China | 5.7 | 6.8 | 12.0 | 6.6 | 5.0% |
| United States | 4.2 | 6.1 | 7.5 | 5.2 | 7.4% |
| Philippines | 3.3 | 3.9 | 4.9 | 5.0 | 14.9% |
| Thailand | 3.4 | 3.4 | 5.2 | 5.0 | 13.7% |
| Indonesia | 2.3 | 1.8 | 2.6 | 2.5 | 2.8% |
| Singapore | 1.4 | 1.4 | 1.6 | 1.7 | 6.7% |
| Australia | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Others | 9.7 | 9.2 | 9.9 | 10.2 | 1.7% |
| Total | 56.6 | 57.9 | 70.2 | 66.8 | 5.7% |
Top Export Markets for Sulphates from Japan in 2022:
- Taiwan (Chinese) (19.6K tons)
- Philippines (15.6K tons)
- South Korea (11.9K tons)
- Malaysia (3.8K tons)
- Australia (2.3K tons)
- Singapore (1.4K tons)
- China (1.4K tons)
- Indonesia (1.3K tons)
- United States (1.3K tons)
- Thailand (1.2K tons)
This report provides an in-depth analysis of the sulphates 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 20134157 - Sulphates (excluding those of aluminium and barium)
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
-
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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