Cyclic Hydrocarbons; M-Xylene Price in Japan - 2023
Contents:
- Cyclic Hydrocarbons; M-Xylene Price in Japan (FOB) - 2023
- Cyclic Hydrocarbons; M-Xylene Exports in Japan
Cyclic Hydrocarbons; M-Xylene Price in Japan (FOB) - 2023
The average cyclic hydrocarbons; m-xylene export price stood at $1,053 per ton in July 2023, which is down by -46.3% against the previous month. Overall, the export price recorded a noticeable contraction. The pace of growth appeared the most rapid in January 2023 an increase of 98% m-o-m. As a result, the export price attained the peak level of $2,476 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($2,181 per ton), while the average price for exports to China ($1,020 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+28.2%), while the prices for the other major destinations experienced mixed trend patterns.
Cyclic Hydrocarbons; M-Xylene Exports in Japan
Cyclic hydrocarbons; m-xylene exports from Japan expanded remarkably to 31K tons in 2022, with an increase of 7.7% on the year before. Overall, exports, however, continue to indicate a significant curtailment.
In value terms, cyclic hydrocarbons; m-xylene exports skyrocketed to $41M in 2022. In general, exports, however, continue to indicate a significant contraction.
| Export of Cyclic Hydrocarbons; M-Xylene in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.3 | 2.6 | 4.0 | 31.4 | 55.8% |
| South Korea | 36.8 | 2.4 | 0.7 | 4.7 | -49.6% |
| India | 1.4 | 0.5 | 0.6 | 3.2 | 31.7% |
| Thailand | 0.7 | 0.1 | 0.2 | 1.8 | 37.0% |
| United States | 2.1 | 0.8 | 0.9 | N/A | -34.5% |
| Singapore | 42.4 | 20.1 | 24.4 | N/A | -24.1% |
| Others | 0.2 | 0.1 | 1.3 | 0.1 | -20.6% |
| Total | 91.8 | 26.7 | 32.0 | 41.3 | -23.4% |
Top Export Markets for Cyclic Hydrocarbons; M-Xylene from Japan in 2022:
- United States (undefinedK tons)
- China (25.0K tons)
- South Korea (3.2K tons)
- India (1.8K tons)
- Thailand (1.2K tons)
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