Japan: Market for Compounds With Other Nitrogen Function (Excluding Isocyanates) 2024

Market Size for Compounds With Other Nitrogen Function (Excluding Isocyanates) in Japan

The Japanese market for compounds with other nitrogen function (excluding isocyanates) expanded slightly to $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Compounds with other nitrogen function consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Compounds With Other Nitrogen Function (Excluding Isocyanates) in Japan

In value terms, compounds with other nitrogen function production rose modestly to $X in 2022 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Exports from Japan

In 2022, approx. X tons of compounds with other nitrogen function (excluding isocyanates) were exported from Japan; with a decrease of X% on the year before. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, compounds with other nitrogen function exports shrank markedly to $X in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

South Korea (X tons), China (X tons) and the United States (X tons) were the main destinations of compounds with other nitrogen function exports from Japan, with a combined X% share of total exports. The Philippines, Taiwan (Chinese) and Israel lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for compounds with other nitrogen function exported from Japan were Taiwan (Chinese) ($X), China ($X) and South Korea ($X), together accounting for X% of total exports. The United States, Israel and the Philippines lagged somewhat behind, together comprising a further X%.

Israel, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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 export price for compounds with other nitrogen function (excluding isocyanates) stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X,213 per ton), while the average price for exports to the Philippines ($X 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 Israel (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Compounds With Other Nitrogen Function (Excluding Isocyanates)

Imports into Japan

After three years of decline, overseas purchases of compounds with other nitrogen function (excluding isocyanates) increased by X% to X tons in 2022. In general, imports posted resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, compounds with other nitrogen function imports surged to $X in 2022. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, South Korea (X tons) constituted the largest compounds with other nitrogen function supplier to Japan, accounting for a X% share of total imports. Moreover, compounds with other nitrogen function imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, South Korea ($X), China ($X) and the United States ($X) appeared to be the largest compounds with other nitrogen function suppliers to Japan, together comprising X% of total imports.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for compounds with other nitrogen function (excluding isocyanates) amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price posted a mild expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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