Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan - 2024
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $2,376 per ton, increasing by 10% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 37% against the previous year. As a result, import price attained the peak level of $3,787 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2,736 per ton) and Germany ($2,694 per ton), while the price for the Netherlands ($2,075 per ton) and China ($2,248 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $24,641 per ton, dropping by -7.8% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of 151% against the previous year. Over the period under review, the average export prices reached the peak figure at $38,249 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($181,309 per ton), while the average price for exports to Thailand ($5,255 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 South Korea (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan
In 2022, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Japan stood at 3.9K tons, surging by 5.8% against 2021 figures. Over the period under review, imports, however, recorded a mild slump.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses surged to $9.3M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 2.5 | 3.1 | 4.0 | 4.6% |
| Netherlands | 1.6 | 1.0 | 0.6 | 1.7 | 2.0% |
| Taiwan (Chinese) | 1.8 | 1.3 | 1.9 | 1.7 | -1.9% |
| United States | 0.9 | 1.2 | 2.1 | 1.1 | 6.9% |
| Canada | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Germany | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Others | 0.4 | 0.3 | 0.2 | 0.4 | 0.0% |
| Total | 8.7 | 6.6 | 8.0 | 9.3 | 2.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Japan in 2022:
- China (1789.5 tons)
- Netherlands (800.3 tons)
- Taiwan (Chinese) (665.1 tons)
- United States (408.2 tons)
- Canada (107.1 tons)
- Germany (60.2 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses exported from Japan declined sharply to 21 tons, which is down by -31.6% compared with the previous year's figure. In general, exports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 46%.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses declined dramatically to $495K in 2022. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,118 | 304 | 440 | 207 | -43.0% |
| China | 93.3 | 74.5 | 149 | 137 | 13.7% |
| South Korea | 120 | 123 | 124 | 103 | -5.0% |
| Germany | 84.4 | 171 | 61.3 | 38.6 | -23.0% |
| Thailand | 3.4 | N/A | N/A | 3.9 | 4.7% |
| Others | 17.9 | 24.9 | 20.9 | 5.8 | -31.3% |
| Total | 1,437 | 697 | 796 | 495 | -29.9% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Japan in 2022:
- Taiwan (Chinese) (11.7 tons)
- China (7.5 tons)
- Thailand (0.7 tons)
- South Korea (0.6 tons)
- Germany (0.5 tons)
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