Japan - Acetone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetone Price in Japan - 2023
Contents:
- Acetone Price in Japan (CIF) - 2022
- Acetone Price in Japan (FOB) - 2022
- Acetone Imports in Japan
- Acetone Exports in Japan
Acetone Price in Japan (CIF) - 2022
The average acetone import price stood at $954 per ton in 2021, with an increase of 6.9% against the previous year. In general, the import price, however, saw a mild setback. The most prominent rate of growth was recorded in 2020 an increase of 79% against the previous year. The import price peaked at $1,117 per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,192 per ton), while the price for Singapore ($832 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+6.5%), while the prices for the other major suppliers experienced a decline.
Acetone Price in Japan (FOB) - 2022
The average acetone export price stood at $793 per ton in 2021, picking up by 28% against the previous year. In general, the export price, however, saw a slight curtailment. The pace of growth appeared the most rapid in 2020 an increase of 58%. Over the period under review, the average export prices hit record highs at $1,010 per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were the Philippines ($921 per ton) and South Korea ($870 per ton), while the average price for exports to China ($739 per ton) and India ($778 per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+0.9%), while the prices for the other major destinations experienced a decline.
Acetone Imports in Japan
In 2022, supplies from abroad of acetone decreased by -23.4% to 30K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 248% against the previous year.
In value terms, acetone imports fell dramatically to $28M in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 524% against the previous year.
Import of Acetone in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Singapore | 0.8 | 4.0 | 13.9 | 316.8% | |
South Korea | 1.3 | 11.0 | 13.8 | 225.8% | |
Taiwan (Chinese) | 0.7 | 3.7 | 9.9 | 276.1% | |
Others | 0.2 | 0.1 | N/A | -50.0% | |
Total | 3.0 | 18.7 | 37.6 | 254.0% |
Top Suppliers of Acetone to Japan in 2022:
- Singapore (16.8K tons)
- South Korea (14.4K tons)
- Taiwan (Chinese) (8.3K tons)
Acetone Exports in Japan
In 2022, the amount of acetone exported from Japan expanded to 35K tons, surging by 4.3% against the previous year's figure. The total export volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 46%. As a result, the exports attained the peak of 37K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, acetone exports fell to $25M in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 131%.
Export of Acetone in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United States | 1.1 | 9.3 | 17.3 | 296.6% | |
China | 3.2 | 5.0 | 6.4 | 41.4% | |
Philippines | 1.0 | 1.0 | 2.0 | 41.4% | |
South Korea | 4.4 | 3.2 | 0.8 | -57.4% | |
Thailand | N/A | 4.2 | N/A | 0% | |
Others | 0.2 | 0.2 | 0.5 | 58.1% | |
Total | 9.9 | 23.0 | 27.0 | 65.1% |
Top Export Markets for Acetone from Japan in 2022:
- United States (21.9K tons)
- China (8.7K tons)
- Philippines (2.1K tons)
- South Korea (1.0K tons)
This report provides an in-depth analysis of the acetone 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 20146211 - Acetone
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
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