Price for Containers for Compressed or Liquefied Gas, of Aluminium in Japan - 2024

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Japan (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Japan (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Japan
  4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Japan

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Japan (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of aluminium stood at $16 per unit in 2022, rising by 8.6% against the previous year. In general, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 12%. The import price peaked at $32 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($60 per unit), while the price for Thailand ($8.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.1%), while the prices for the other major suppliers experienced a decline.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Japan (FOB) - 2022

In 2022, the average export price for containers for compressed or liquefied gas, of aluminium amounted to $50 per unit, reducing by -59.2% against the previous year. Over the period under review, the export price, however, recorded a temperate increase. The growth pace was the most rapid in 2017 when the average export price increased by 179%. The export price peaked at $122 per unit in 2021, and then contracted dramatically 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 ($156 per unit), while the average price for exports to Taiwan (Chinese) ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Japan

In 2022, purchases abroad of containers for compressed or liquefied gas, of aluminium decreased by -23.7% to 2.7M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 68%. Over the period under review, imports of attained the maximum at 3.5M units in 2021, and then reduced rapidly in the following year.

In value terms, imports of containers for compressed or liquefied gas, of aluminium contracted dramatically to $42M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 54% against the previous year. Imports peaked at $50M in 2021, and then reduced markedly in the following year.

Import of Containers for Compressed or Liquefied Gas, of Aluminium in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.86.912.217.867.3%
United States8.68.49.511.29.2%
Israel8.513.023.48.1-1.6%
Thailand2.83.63.42.2-7.7%
PhilippinesN/A6.0N/AN/A0%
Others1.81.61.62.26.9%
Total25.639.550.141.617.6%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Japan in 2022:

  1. China (1445.0K units)
  2. Israel (726.3K units)
  3. Thailand (260.5K units)
  4. United States (186.7K units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Japan

Exports of containers for compressed or liquefied gas, of aluminium from Japan surged to 4.5K units in 2022, increasing by 217% on the year before. Overall, exports recorded a buoyant increase. The exports peaked at 5.1K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of containers for compressed or liquefied gas, of aluminium surged to $224K in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 334% against the previous year. As a result, the exports reached the peak of $385K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Containers for Compressed or Liquefied Gas, of Aluminium in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States54.017915312030.5%
Taiwan (Chinese)15.19.47.898.987.1%
United KingdomN/AN/AN/A3.50%
Hong Kong SARN/A173N/AN/A0%
South KoreaN/A7.312.6N/A72.6%
China16.22.3N/AN/A-85.8%
Singapore3.310.3N/AN/A212.1%
OthersN/A3.9N/A1.8-32.1%
Total88.738517322436.2%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Japan in 2022:

  1. Taiwan (Chinese) (3.6K units)
  2. United States (0.8K units)
  3. United Kingdom (0.1K units)

Source: IndexBox Market Intelligence Platform

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