Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Japan - 2023

Contents:

1. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Japan (CIF) - 2023
2. Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Japan (FOB) - 2023
3. Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Japan
4. Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Japan

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Japan (CIF) - 2023

In November 2023, the average import price for glass; unworked, in tubes, of fused quartz or other fused silica amounted to $61,233 per ton, reducing by -13.2% against the previous month. Overall, the import price recorded a mild downturn. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 17% m-o-m. As a result, import price attained the peak level of $76,473 per ton. From October 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($88,647 per ton), while the price for the Netherlands ($23,582 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Japan (FOB) - 2023

In November 2023, the average export price for glass; unworked, in tubes, of fused quartz or other fused silica amounted to $464K per ton, surging by 68% against the previous month. Over the period under review, export price indicated a temperate increase from November 2022 to November 2023: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for glass; unworked, in tubes, of fused quartz or other fused silica increased by +78.3% against September 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was China ($753K per ton), while the average price for exports to Germany ($58,634 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Japan

In 2022, approx. 884 tons of glass; unworked, in tubes, of fused quartz or other fused silica were imported into Japan; picking up by 38% on 2021 figures. Overall, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass; unworked, in tubes, of fused quartz or other fused silica skyrocketed to $53M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica to Japan in 2022:

1. Germany (404.6 tons)
2. China (307.5 tons)
3. United States (118.2 tons)
4. Netherlands (47.7 tons)

Exports of Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica in Japan

Exports of glass; unworked, in tubes, of fused quartz or other fused silica from Japan contracted to 75 tons in 2022, waning by -12.1% on the year before. Overall, exports saw a dramatic slump.

In value terms, exports of glass; unworked, in tubes, of fused quartz or other fused silica rose to $24M in 2022. Over the period under review, exports recorded a abrupt curtailment.

Top Export Markets for Glass; Unworked, in Tubes, of Fused Quartz or Other Fused Silica from Japan in 2022:

1. South Korea (25.4 tons)
2. Taiwan (Chinese) (17.9 tons)
3. China (13.8 tons)
4. Thailand (9.9 tons)
5. Singapore (4.2 tons)
6. Philippines (1.2 tons)
7. United States (0.6 tons)

Source: IndexBox Market Intelligence Platform