Sulphides; of Sodium Price in Japan - 2023

Contents:

  1. Sulphides; of Sodium Price in Japan (CIF) - 2022
  2. Sulphides; of Sodium Price in Japan (FOB) - 2022
  3. Sulphides; of Sodium Imports in Japan
  4. Sulphides; of Sodium Exports in Japan

Sulphides; of Sodium Price in Japan (CIF) - 2022

In 2022, the average sulphides; of sodium import price amounted to $582 per ton, surging by 6% against the previous year. Overall, the import price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13% against the previous year. As a result, import price reached the peak level of $785 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($787 per ton), while the price for China ($571 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.2%), while the prices for the other major suppliers experienced a decline.

Sulphides; of Sodium Price in Japan (FOB) - 2022

In 2022, the average sulphides; of sodium export price amounted to $1,724 per ton, jumping by 123% against the previous year. In general, the export price recorded a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,019 per ton), while the average price for exports to Thailand ($554 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 Canada (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphides; of Sodium Imports in Japan

In 2022, approx. 7.2K tons of sulphides; of sodia were imported into Japan; growing by 182% compared with 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 231% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphides; of sodium imports skyrocketed to $4.2M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphides; of Sodium in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3082711,1803,883132.7%
Taiwan (Chinese)2612022142751.8%
OthersN/AN/AN/A1.70%
Total5694721,3934,16094.1%

Top Suppliers of Sulphides; of Sodium to Japan in 2022:

  1. China (6.8K tons)
  2. Taiwan (Chinese) (0.4K tons)

Sulphides; of Sodium Exports in Japan

For the third consecutive year, Japan recorded decline in shipments abroad of sulphides; of sodia, which decreased by -63.1% to 343 tons in 2022. In general, exports continue to indicate a dramatic shrinkage. The smallest decline of -16% was in 2021.

In value terms, sulphides; of sodium exports reduced sharply to $591K in 2022. Overall, exports recorded a precipitous curtailment. The smallest decline of -3.7% was in 2021.

Export of Sulphides; of Sodium in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States65.616330826158.5%
Canada52.4N/AN/A17048.0%
South Korea93446728499.4-52.6%
United KingdomN/AN/AN/A38.60%
Thailand12749.171.721.1-45.0%
Indonesia98.667.021.2N/A-53.6%
Others39.5N/A33.3N/A-8.2%
Total1,318746718591-23.5%

Top Export Markets for Sulphides; of Sodium from Japan in 2022:

  1. South Korea (120.6 tons)
  2. United States (86.5 tons)
  3. Canada (79.5 tons)
  4. Thailand (38.0 tons)
  5. United Kingdom (18.0 tons)

Source: IndexBox Market Intelligence Platform

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