Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Japan - 2023

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Japan (CIF) - 2023
2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Japan (FOB) - 2023
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Japan
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Japan

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Japan (CIF) - 2023

In July 2023, the average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $1,456 per ton, declining by -2.7% against the previous month. Overall, the import price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in March 2023 an increase of 4.5% against the previous month. The import price peaked at $1,578 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Malaysia ($1,572 per ton) and Taiwan (Chinese) ($1,487 per ton), while the price for South Korea ($1,399 per ton) and China ($1,464 per ton) were amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-0.8%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Japan (FOB) - 2023

The average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $3,032 per ton in July 2023, rising by 20% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in December 2022 an increase of 22% month-to-month. Over the period under review, the average export prices reached the peak figure at $3,680 per ton in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($4,024 per ton), while the average price for exports to Indonesia amounted to $2,490 per ton.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Japan

After two years of decline, purchases abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses increased by 156% to 37K tons in 2022. In general, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses soared to $65M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to Japan in 2022:

1. China (16.5K tons)
2. Malaysia (9.5K tons)
3. Taiwan (Chinese) (6.4K tons)
4. South Korea (4.5K tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Japan

In 2022, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses from Japan dropped dramatically to 545 tons, waning by -30.5% against 2021. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 140% against the previous year. As a result, the exports attained the peak of 785 tons, and then dropped markedly in the following year.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses expanded to $1.5M in 2022. In general, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 147% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from Japan in 2022:

1. Indonesia (383.4 tons)
2. Philippines (128.0 tons)
3. Vietnam (10.0 tons)
4. Mexico (9.8 tons)

Source: IndexBox Market Intelligence Platform