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Japan - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydrogen Chloride Exports From Japan Drop 19% to $30 Million in 2023
Japan Hydrogen Chloride Exports
In 2023, approx. 9.2K tons of hydrogen chloride (hydrochloric acid) were exported from Japan; which is down by -19.1% on the previous year. In general, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Over the period under review, the exports reached the maximum at 12K tons in 2014; however, from 2015 to 2023, the exports failed to regain momentum.
In value terms, hydrogen chloride exports shrank significantly to $30M (IndexBox estimates) in 2023. Overall, total exports indicated slight growth from 2013 to 2023: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by -33.5% against 2021 indices. The most prominent rate of growth was recorded in 2016 with an increase of 23% against the previous year. The exports peaked at $44M in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
COUNTRY | Export Value of Hydrogen Chloride in Japan (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
South Korea | 8.6 | 9.9 | 9.9 | 13.1 | 14.3 | 18.3 | 19.7 | 22.0 | 21.6 | 15.8 | 13.2 |
Taiwan (Chinese) | 12.7 | 15.1 | 10.9 | 12.7 | 13.4 | 12.6 | 11.4 | 15.5 | 15.4 | 11.6 | 8.8 |
United States | 0.6 | 0.5 | 0.5 | 0.8 | 1.0 | 0.6 | 0.7 | 0.9 | 1.0 | 3.0 | 2.9 |
China | 1.4 | 1.3 | 1.4 | 1.7 | 1.8 | 2.2 | 2.2 | 2.6 | 3.6 | 3.5 | 2.6 |
Singapore | 2.3 | 0.7 | 0.8 | 0.7 | 0.7 | 1.0 | 1.6 | 1.5 | 1.8 | 1.9 | 1.8 |
Malaysia | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.4 | 0.4 | 0.5 |
Others | 0.2 | 0.3 | 0.2 | 0.3 | 0.4 | 0.5 | 0.3 | 0.3 | 0.4 | 0.4 | -0.3 |
Total | 25.9 | 27.9 | 23.9 | 29.4 | 31.7 | 35.3 | 36.1 | 43.0 | 44.4 | 36.6 | 29.5 |
Exports by Country
Taiwan (Chinese) (2.5K tons), South Korea (2.3K tons) and China (2.1K tons) were the main destinations of hydrogen chloride exports from Japan, with a combined 75% share of total exports.
From 2013 to 2023, the biggest increases were recorded for China (with a CAGR of +14.3%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, South Korea ($13M), Taiwan (Chinese) ($8.8M) and the United States ($2.9M) appeared to be the largest markets for hydrogen chloride exported from Japan worldwide, together accounting for 84% of total exports.
the United States, with a CAGR of +17.8%, recorded the highest growth rate of 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
In 2023, the hydrogen chloride price amounted to $3,223 per ton (FOB, Japan), stabilizing at the previous year. Overall, export price indicated a tangible expansion from 2013 to 2023: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, hydrogen chloride export price decreased by -21.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 19%. As a result, the export price reached the peak level of $4,079 per ton. From 2020 to 2023, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($6,447 per ton), while the average price for exports to China ($1,389 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the hydrogen chloride 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 2030.
Product coverage:
- Prodcom 20132413 - Hydrogen chloride (hydrochloric acid)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023