Price for Alkali Metals; Other than Sodium in Japan - 2023

Contents:

  1. Price for Alkali Metals; Other than Sodium in Japan (CIF) - 2023
  2. Price for Alkali Metals; Other than Sodium in Japan (FOB) - 2022
  3. Imports of Alkali Metals; Other than Sodium in Japan
  4. Exports of Alkali Metals; Other than Sodium in Japan

Price for Alkali Metals; Other than Sodium in Japan (CIF) - 2023

The average import price for alkali metals; other than sodia stood at $250K per ton in November 2023, falling by -24.9% against the previous month. Over the period under review, the import price showed a noticeable decline. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 80% month-to-month. Over the period under review, average import prices reached the peak figure at $526K per ton in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($250K per ton), while the price for the United States totaled $250K per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+18.1%), while the prices for the other major suppliers experienced a decline.

Price for Alkali Metals; Other than Sodium in Japan (FOB) - 2022

In 2022, the average export price for alkali metals; other than sodia amounted to $1,259,639 per ton, which is down by -47.8% against the previous year. Overall, the export price, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 396% against the previous year. As a result, the export price reached the peak level of $2,414 per kg, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,796,269 per ton), while the average price for exports to Germany ($462,540 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 China (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alkali Metals; Other than Sodium in Japan

In 2022, approx. 373 tons of alkali metals; other than sodia were imported into Japan; picking up by 255% compared with 2021 figures. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, alkali metals; other than sodium imports surged to $39M in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alkali Metals; Other than Sodium in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.25.17.333.599.8%
United States7.54.12.84.5-15.7%
Germany0.60.60.40.3-20.6%
OthersN/A0.10.10.5123.6%
Total12.29.910.638.746.9%

Top Suppliers of Alkali Metals; Other than Sodium to Japan in 2022:

  1. China (325.1 tons)
  2. United States (43.7 tons)
  3. Germany (1.3 tons)

Exports of Alkali Metals; Other than Sodium in Japan

In 2022, overseas shipments of alkali metals; other than sodia were finally on the rise to reach 767 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp decrease.

In value terms, alkali metals; other than sodium exports skyrocketed to $966K in 2022. Over the period under review, exports, however, recorded a mild slump.

Export of Alkali Metals; Other than Sodium in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17511113539531.2%
South Korea454304320307-12.2%
Germany79.280.7N/A19635.3%
CanadaN/AN/A3.725.9600.0%
Thailand40.4N/AN/AN/A0%
Indonesia2182306.0N/A-83.4%
Others34.141.239.742.47.5%
Total1,001767505966-1.2%

Top Export Markets for Alkali Metals; Other than Sodium from Japan in 2022:

  1. Germany (424.0 kg)
  2. South Korea (192.0 kg)
  3. United States (104.0 kg)
  4. Canada (20.0 kg)

Source: IndexBox Market Intelligence Platform

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