Japan - Nitrites - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNitrites Price in Japan - 2023
Contents:
- Nitrites Price in Japan (CIF) - 2022
- Nitrites Price in Japan (FOB) - 2022
- Nitrites Imports in Japan
- Nitrites Exports in Japan
Nitrites Price in Japan (CIF) - 2022
In 2022, the average nitrites import price amounted to $1,010 per ton, jumping by 35% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nitrites import price increased by +56.8% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,477 per ton), while the price for China ($904 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrites Price in Japan (FOB) - 2022
In 2022, the average nitrites export price amounted to $1,592 per ton, dropping by -52.1% against the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 127% against the previous year. As a result, the export price attained the peak level of $13,274 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($12,781 per ton), while the average price for exports to South Korea ($1,278 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 Singapore (+29.2%), while the prices for the other major destinations experienced a decline.
Nitrites Imports in Japan
In 2022, the amount of nitrites imported into Japan surged to 9.1K tons, jumping by 16% compared with 2021 figures. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nitrites imports surged to $9.2M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Nitrites in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 2.2 | 1.8 | 2.6 | 4.4 | 26.0% |
China | 2.4 | 2.2 | 3.1 | 4.2 | 20.5% |
Germany | 0.4 | 0.4 | 0.2 | 0.6 | 14.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.0 | 4.5 | 5.8 | 9.2 | 22.5% |
Top Suppliers of Nitrites to Japan in 2022:
- China (4.7K tons)
- India (4.0K tons)
- Germany (0.4K tons)
Nitrites Exports in Japan
In 2022, after three years of growth, there was significant decline in overseas shipments of nitrites, when their volume decreased by -24.4% to 52 tons. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 96%. As a result, the exports reached the peak of 69 tons, and then fell rapidly in the following year.
In value terms, nitrites exports shrank remarkably to $84K in 2022. Overall, exports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when exports increased by 141% against the previous year. As a result, the exports attained the peak of $231K, and then reduced sharply in the following year.
Export of Nitrites in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 19.8 | 36.3 | 58.9 | 59.3 | 44.1% |
Indonesia | N/A | 6.0 | 8.1 | 13.5 | 50.0% |
Mexico | 7.3 | 4.4 | 3.6 | 1.7 | -38.5% |
Thailand | 37.6 | 35.7 | 51.4 | N/A | 16.9% |
Others | 25.0 | 13.4 | 109 | 9.1 | -28.6% |
Total | 89.7 | 95.8 | 231 | 83.6 | -2.3% |
Top Export Markets for Nitrites from Japan in 2022:
- South Korea (46.4 tons)
- Indonesia (5.2 tons)
- Mexico (0.2 tons)
This report provides an in-depth analysis of the nitrites 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 20152080 - Nitrites
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
-
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
This report provides an in-depth analysis of the nitrites market in Japan.
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This report provides an in-depth analysis of the global nitrates market.
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This report provides an in-depth analysis of the nitrites market in Japan.
This report provides an in-depth analysis of the nitrates market in Japan.
This report provides an in-depth analysis of the potassium nitrate market in Japan.
This report provides an in-depth analysis of the global nitrites market.
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