Japan: Mixed Fertilizer Market 2024

Mixed Fertilizer Market Size in Japan

The Japanese mixed fertilizer market stood at $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the market value increased by X%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Mixed Fertilizer Production in Japan

In value terms, mixed fertilizer production stood at $X in 2022 estimated in export price. In general, production showed a noticeable decrease. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Mixed fertilizer production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Mixed Fertilizer Exports

Exports from Japan

In 2022, mixed fertilizer exports from Japan contracted slightly to X tons, reducing by X% on 2021. In general, total exports indicated a temperate expansion from 2012 to 2022: its volume 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, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, mixed fertilizer exports totaled $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main destinations of mixed fertilizer exports from Japan, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for mixed fertilizers exports from Japan, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average mixed fertilizer export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, recorded a mild shrinkage. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Malaysia ($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 the United States (X%), while the prices for the other major destinations experienced a decline.

Mixed Fertilizer Imports

Imports into Japan

In 2022, mixed fertilizer imports into Japan reached X tons, surging by X% on 2021 figures. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, mixed fertilizer imports soared to $X in 2022. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest mixed fertilizer supplier to Japan, accounting for a X% share of total imports. Moreover, mixed fertilizer imports from China exceeded the figures recorded by the second-largest supplier, Morocco (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, 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: Morocco (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of mixed fertilizers to Japan, comprising X% of total imports. The second position in the ranking was taken by Morocco ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average mixed fertilizer import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price continues to indicate a moderate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Morocco ($X per ton), while the price for South Korea ($X per ton) and Jordan ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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