Chlorides; of Magnesium Price in Japan - 2023
Contents:
- Chlorides; of Magnesium Price in Japan (CIF) - 2022
- Chlorides; of Magnesium Price in Japan (FOB) - 2022
- Chlorides; of Magnesium Imports in Japan
- Chlorides; of Magnesium Exports in Japan
Chlorides; of Magnesium Price in Japan (CIF) - 2022
In 2022, the average chlorides; of magnesium import price amounted to $283 per ton, surging by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2017 an increase of 21% against the previous year. As a result, import price attained the peak level of $309 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($1,699 per ton), while the price for China ($237 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Chlorides; of Magnesium Price in Japan (FOB) - 2022
The average chlorides; of magnesium export price stood at $4,260 per ton in 2022, rising by 10% against the previous year. Over the period under review, the export price, however, showed a mild reduction. The growth pace was the most rapid in 2018 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs at $4,985 per ton in 2012; however, from 2013 to 2022, the 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 Thailand ($16,024 per ton), while the average price for exports to the Netherlands ($877 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 UK (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorides; of Magnesium Imports in Japan
In 2022, imports of chlorides; of magnesia into Japan declined to 31K tons, which is down by -4.7% against 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 8%. As a result, imports attained the peak of 33K tons, and then declined modestly in the following year.
In value terms, chlorides; of magnesium imports rose remarkably to $8.8M in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Chlorides; of Magnesium in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.3 | 4.6 | 5.3 | 5.3 | 7.2% |
Israel | 2.1 | 1.3 | 1.5 | 2.0 | -1.6% |
Czech Republic | 0.5 | 0.5 | 0.7 | 0.8 | 17.0% |
Others | 1.7 | 0.6 | 0.7 | 0.7 | -25.6% |
Total | 8.7 | 7.1 | 8.2 | 8.8 | 0.4% |
Top Suppliers of Chlorides; of Magnesium to Japan in 2022:
- China (22.5K tons)
- Israel (7.8K tons)
- Czech Republic (0.5K tons)
Chlorides; of Magnesium Exports in Japan
In 2022, the amount of chlorides; of magnesia exported from Japan reached 1.3K tons, remaining stable against the previous year. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 7.9% against the previous year. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, chlorides; of magnesium exports expanded significantly to $5.6M in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period.
Export of Chlorides; of Magnesium in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 3,427 | 3,423 | 2,872 | 3,351 | -0.7% |
United States | 414 | 415 | 402 | 563 | 10.8% |
China | 370 | 557 | 360 | 423 | 4.6% |
Taiwan (Chinese) | 204 | 202 | 218 | 181 | -3.9% |
Canada | 95.5 | 143 | 114 | 154 | 17.3% |
Netherlands | N/A | N/A | 167 | 127 | -24.0% |
United Kingdom | 74.4 | 166 | 28.1 | 54.9 | -9.6% |
Germany | 59.1 | 60.4 | 39.1 | 49.0 | -6.1% |
Others | 562 | 687 | 802 | 682 | 6.7% |
Total | 5,207 | 5,653 | 5,002 | 5,583 | 2.4% |
Top Export Markets for Chlorides; of Magnesium from Japan in 2022:
- South Korea (501.7 tons)
- United States (182.5 tons)
- Taiwan (Chinese) (179.3 tons)
- Netherlands (144.8 tons)
- China (68.4 tons)
- Germany (54.0 tons)
- Canada (48.0 tons)
- United Kingdom (30.0 tons)
This report provides an in-depth analysis of the chlorides market in Japan.
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The most notable growth rate was observed in June 2023 with a 162% increase in imports compared to the previous month. In terms of value, Chlorides imports decreased to $9.9M in November 2023.
Between June and November 2023, there was a slight decrease in import growth, with the value of Ammonium Chloride imports soaring to $699K in November 2023.
As of July 2023, the price of Ammonium Chloride was $362 per ton (CIF, Japan), indicating a decrease of 16.6% compared to the previous month.
In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
The most notable growth rate was observed in June 2023 with a 162% increase in imports compared to the previous month. In terms of value, Chlorides imports decreased to $9.9M in November 2023.
Between June and November 2023, there was a slight decrease in import growth, with the value of Ammonium Chloride imports soaring to $699K in November 2023.
As of July 2023, the price of Ammonium Chloride was $362 per ton (CIF, Japan), indicating a decrease of 16.6% compared to the previous month.
In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...