Latest Report Update: May 17, 2021

Japan - Acrylic Acid And Its Salts And Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Japan: Monocarboxylic Acid Market Overview 2021

Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global anhydrous ammonia market.

Tuesday, June 15th, 2021 @ 10:00 am ET

Register Now

Monocarboxylic Acid Market Size in Japan

In 2020, the Japanese monocarboxylic acid market increased by X% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2014 to 2020, the growth of the market remained at a somewhat lower figure.

Monocarboxylic Acid Production in Japan

In value terms, monocarboxylic acid production reduced modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Monocarboxylic Acid Exports

Exports from Japan

In 2020, overseas shipments of acrylic acid and its salts and other monocarboxylic acid decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. Overall, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Exports peaked at X tonnes in 2019, and then dropped dramatically in the following year.

In value terms, monocarboxylic acid exports shrank notably to $X in 2020. Over the period under review, exports showed a perceptible increase. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. As a result, exports attained the peak of $X, and then dropped markedly in the following year.

Exports by Country

China (X tonnes), South Korea (X tonnes) and Singapore (X tonnes) were the main destinations of monocarboxylic acid exports from Japan, with a combined X% share of total exports. These countries were followed by the Netherlands and Taiwan (Chinese), which together accounted for a further X 2007 to 2020, the biggest increases were in the Netherlands, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), China ($X) and Singapore ($X) were the largest markets for monocarboxylic acid exported from Japan worldwide, with a combined X% share of total exports.

The Netherlands recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average monocarboxylic acid export price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Monocarboxylic Acid Imports

Imports into Japan

In 2020, approx. X tonnes of acrylic acid and its salts and other monocarboxylic acid were imported into Japan; increasing by X% against the previous year. Over the period under review, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, monocarboxylic acid imports expanded significantly to $X in 2020. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of monocarboxylic acid to Japan, with a X% share of total imports. Moreover, monocarboxylic acid imports from China exceeded the figures recorded by the second-largest supplier, India (X tonnes), fourfold.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Germany (+X% per year).

In value terms, China ($X) constituted the largest supplier of monocarboxylic acid to Japan, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2020, the average monocarboxylic acid import price amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price showed a mild shrinkage. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylic acid and its salts and other monocarboxylic acid in the world?
+
The countries with the highest volumes of monocarboxylic acid consumption in 2020 were China (899K tonnes), the U.S. (529K tonnes) and India (350K tonnes), together comprising 46% of global consumption. Russia, Japan, Brazil, Indonesia, Germany, France, Mexico, Democratic Republic of the Congo, South Korea and Canada lagged somewhat behind, together comprising a further 33%.
What are the largest producers of acrylic acid and its salts and other monocarboxylic acid in the world?
+
The countries with the highest volumes of monocarboxylic acid production in 2020 were China (1M tonnes), the U.S. (524K tonnes) and India (316K tonnes), with a combined 48% share of global production. These countries were followed by Russia, Germany, Japan, Brazil, Indonesia, France, Mexico, Democratic Republic of the Congo, Malaysia and Canada, which together accounted for a further 35%.
What are the leading suppliers of acrylic acid and its salts and other monocarboxylic acid to Japan?
+
In value terms, China ($26M) constituted the largest supplier of monocarboxylic acid to Japan, comprising 43% of total imports. The second position in the ranking was occupied by India ($4.5M), with a 7.4% share of total imports.
What are the leading importers of acrylic acid and its salts and other monocarboxylic acid from Japan?
+
In value terms, the Netherlands ($19M), China ($19M) and Singapore ($17M) were the largest markets for monocarboxylic acid exported from Japan worldwide, together comprising 36% of total exports.
What is the average export price for acrylic acid and its salts and other monocarboxylic acid in Japan?
+
In 2020, the average monocarboxylic acid export price amounted to $3,999 per tonne, surging by 33% against the previous year.
What is the average import price for acrylic acid and its salts and other monocarboxylic acid in Japan?
+
In 2020, the average monocarboxylic acid import price amounted to $6,100 per tonne, reducing by -8.1% against the previous year.

Product coverage:
• Prodcom 20143310 - Acrylic acid and its salts and other monocarboxylic acid

This report provides an in-depth analysis of the monocarboxylic acid 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global anhydrous ammonia market.



Tuesday, June 15th, 2021 @ 10:00 am ET


Register

Webinar: Global Ethanol Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global ethanol market.



Thursday, June 24th, 2021 @ 10:00 am ET


Register

Webinar: Global Methanol Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global methanol market.



Thursday, July 8th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data