Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Japan - 2022
Contents:
- Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Japan (FOB) - 2022
- Exports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Japan
Price for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Japan (FOB) - 2022
The average export price for acids; naphthenic acids, their water-insoluble salts and their esterses stood at $2,144 per ton in 2022, increasing by 9.7% against the previous year. In general, the export price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 16%. As a result, the export price reached the peak level of $5,445 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Philippines.
From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to -6.2% per year.
Exports of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Japan
After three years of growth, overseas shipments of acids; naphthenic acids, their water-insoluble salts and their esterses decreased by -3.3% to 511 tons in 2022. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7%.
In value terms, exports of acids; naphthenic acids, their water-insoluble salts and their esterses expanded significantly to $1.1M in 2022. Overall, exports continue to indicate a abrupt downturn.
| Export of Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 1.3 | 1.2 | 1.0 | 1.1 | -5.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | 1.2 | 1.0 | 1.1 | -5.4% |
Top Export Markets for Acids; Naphthenic Acids, Their Water-Insoluble Salts and Their Esters from Japan in 2022:
- Philippines (511.0 tons)
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