Japan - Phenols - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhenols Price in Japan - 2023
Contents:
- Phenols Price in Japan (FOB) - 2022
- Phenols Price in Japan (CIF) - 2022
- Phenols Exports in Japan
- Phenols Imports in Japan
Phenols Price in Japan (FOB) - 2022
The average phenols export price stood at $2,977 per ton in 2022, declining by -8.2% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenols export price increased by +40.3% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 53% against the previous year. As a result, the export price reached the peak level of $3,244 per ton, and then shrank in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,485 per ton), while the average price for exports to Thailand ($1,955 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 United States (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols Price in Japan (CIF) - 2022
The average phenols import price stood at $2,515 per ton in 2022, growing by 6.8% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 39%. Over the period under review, average import prices reached the peak figure at $2,757 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,856 per ton), while the price for South Korea ($1,495 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols Exports in Japan
In 2022, overseas shipments of phenols decreased by -11% to 238K tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 6.9% against the previous year. As a result, the exports attained the peak of 314K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, phenols exports contracted sharply to $707M in 2022. The total export value increased at an average annual rate of +2.6% 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 2021 when exports increased by 30%. As a result, the exports attained the peak of $866M, and then declined significantly in the following year.
Export of Phenols in Japan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 151 | 162 | 214 | 225 | 14.2% |
South Korea | 147 | 168 | 225 | 133 | -3.3% |
Thailand | 90.2 | 81.8 | 137 | 75.2 | -5.9% |
United States | 57.1 | 51.2 | 78.1 | 64.6 | 4.2% |
India | 49.1 | 62.3 | 45.1 | 56.0 | 4.5% |
Taiwan (Chinese) | 30.2 | 30.5 | 41.0 | 41.6 | 11.3% |
Belgium | 48.0 | 37.5 | 52.5 | 33.2 | -11.6% |
Others | 81.0 | 73.6 | 73.3 | 78.8 | -0.9% |
Total | 654 | 667 | 866 | 707 | 2.6% |
Top Export Markets for Phenols from Japan in 2022:
- China (96.0K tons)
- South Korea (56.5K tons)
- Thailand (38.5K tons)
- Taiwan (Chinese) (10.2K tons)
- India (9.9K tons)
- United States (7.6K tons)
- Belgium (4.8K tons)
Phenols Imports in Japan
In 2022, supplies from abroad of phenols decreased by -10.2% to 176K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 7.2% against the previous year.
In value terms, phenols imports dropped modestly to $442M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47%. As a result, imports reached the peak of $461M, and then shrank in the following year.
Import of Phenols in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 112 | 104 | 152 | 159 | 12.4% |
China | 77.9 | 79.2 | 101 | 95.0 | 6.8% |
Taiwan (Chinese) | 39.8 | 39.6 | 93.9 | 56.7 | 12.5% |
India | 28.2 | 20.0 | 27.2 | 30.9 | 3.1% |
Germany | 22.6 | 20.6 | 21.8 | 25.9 | 4.6% |
United States | 22.8 | 24.5 | 19.8 | 20.9 | -2.9% |
Singapore | 12.7 | 5.8 | 14.3 | 11.3 | -3.8% |
Others | 21.4 | 19.5 | 30.3 | 42.1 | 25.3% |
Total | 337 | 314 | 461 | 442 | 9.5% |
Top Suppliers of Phenols to Japan in 2022:
- South Korea (106.5K tons)
- Taiwan (Chinese) (26.3K tons)
- China (13.9K tons)
- Singapore (6.0K tons)
- United States (5.6K tons)
- Germany (5.5K tons)
- India (5.4K tons)
This report provides an in-depth analysis of the phenols 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 20142410 - Monophenols
- Prodcom 20142433 - 4,4-Isopropylidenediphenol (bisphenol A, diphenylolpropane) a nd its salts
- Prodcom 20142439 - Polyphenols (including salts, excluding 4,4 isopropylidenediphenol) and phenol-alcohols
- Prodcom 20142450 - Halogenated, sulphonated, nitrated or nitrosated derivatives of phenols or phenol-alcohols
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
This report provides an in-depth analysis of the phenols market in Japan.
This report provides an in-depth analysis of the monophenols market in Japan.
This report provides an in-depth analysis of the polyphenols and phenol-alcohols market in Japan.
This report provides an in-depth analysis of the global phenols market.
This report provides an in-depth analysis of the global monophenols market.
This report provides an in-depth analysis of the global polyphenols and phenol-alcohols market.
This report provides an in-depth analysis of the phenols market in Japan.
This report provides an in-depth analysis of the monophenols market in Japan.
This report provides an in-depth analysis of the polyphenols and phenol-alcohols market in Japan.
This report provides an in-depth analysis of the global phenols market.
The growth rate peaked in May 2023 with a 90% month-to-month increase in imports. Monophenols imports surged to $7.5M in value terms by November 2023.
In April 2023, the price of Monophenols reached $3,118 per ton (CIF, Japan), showing a significant increase of 21% compared to the previous month.
Explore the top import markets for phenols, including China, India, Germany, and more. Key statistics and data from the IndexBox market intelligence platform.
In value terms, phenols and phenol-alcohols imports totaled $X in 2016. Overall, phenols and phenol-alcohols imports continue to indicate a relatively flat trend pattern. Global phenols and phenol-...
In value terms, phenols and phenol-alcohols exports stood at $X in 2016. In general, phenols and phenol-alcohols exports continue to indicate a relatively flat trend pattern. Over the period under ...
Global phenol imports amounted to X tons in 2016, picking up by X% against the previous year figure. Overall, phenol imports continue to indicate a relatively flat trend pattern. The pace of grow...
Global phenol imports amounted to X tons in 2016, picking up by X% against the previous year figure. Overall, phenol imports continue to indicate a relatively flat trend pattern. The pace of grow...
Explore the top import markets for monophenols worldwide, with key statistics and numbers provided for each country. Discover the trends in the global market for monophenols.
The growth rate peaked in May 2023 with a 90% month-to-month increase in imports. Monophenols imports surged to $7.5M in value terms by November 2023.
In April 2023, the price of Monophenols reached $3,118 per ton (CIF, Japan), showing a significant increase of 21% compared to the previous month.