Price for Dyes; Pigments and Preparations Based Thereon in Japan - 2023
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Japan (CIF) - 2023
- Price for Dyes; Pigments and Preparations Based Thereon in Japan (FOB) - 2023
- Imports of Dyes; Pigments and Preparations Based Thereon in Japan
- Exports of Dyes; Pigments and Preparations Based Thereon in Japan
Price for Dyes; Pigments and Preparations Based Thereon in Japan (CIF) - 2023
The average import price for dyes; pigments and preparations based therea stood at $20,278 per ton in November 2023, increasing by 3.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in September 2023 an increase of 33% against the previous month. Over the period under review, average import prices attained the maximum at $23,400 per ton in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($69,816 per ton), while the price for Taiwan (Chinese) ($5,271 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Japan (FOB) - 2023
In November 2023, the average export price for dyes; pigments and preparations based therea amounted to $36,588 per ton, surging by 4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in December 2022 an increase of 14% against the previous month. Over the period under review, the average export prices attained the maximum at $41,512 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was South Korea ($56,696 per ton), while the average price for exports to Belgium ($9,657 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Japan
Imports of dyes; pigments and preparations based therea into Japan fell slightly to 16K tons in 2022, with a decrease of -2.6% compared with the year before. In general, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2021 when imports increased by 8.5%.
In value terms, imports of dyes; pigments and preparations based therea reached $274M in 2022. Overall, imports recorded a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 9.8%.
| Import of Dyes; Pigments and Preparations Based Thereon in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 59.1 | 52.9 | 64.5 | 54.6 | -2.6% |
| Germany | 66.0 | 59.1 | 55.0 | 54.3 | -6.3% |
| India | 42.0 | 31.9 | 41.6 | 51.5 | 7.0% |
| United States | 23.0 | 18.0 | 20.4 | 24.0 | 1.4% |
| South Korea | 15.1 | 12.5 | 15.6 | 14.5 | -1.3% |
| Taiwan (Chinese) | 14.9 | 11.8 | 12.0 | 12.9 | -4.7% |
| Indonesia | 7.0 | 5.5 | 6.0 | 6.5 | -2.4% |
| Others | 69.2 | 55.4 | 56.4 | 55.4 | -7.1% |
| Total | 296 | 247 | 272 | 274 | -2.5% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Japan in 2022:
- India (5.3K tons)
- Taiwan (Chinese) (3.5K tons)
- China (3.2K tons)
- Germany (1.4K tons)
- Indonesia (0.6K tons)
- South Korea (0.6K tons)
- United States (0.4K tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Japan
In 2022, approx. 6.7K tons of dyes; pigments and preparations based therea were exported from Japan; reducing by -17.4% against 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 8.1K tons, and then plummeted in the following year.
In value terms, exports of dyes; pigments and preparations based therea contracted remarkably to $236M in 2022. Overall, exports showed a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of $327M, and then fell notably in the following year.
| Export of Dyes; Pigments and Preparations Based Thereon in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 101 | 118 | 141 | 94.2 | -2.3% |
| Taiwan (Chinese) | 44.8 | 66.4 | 71.0 | 46.3 | 1.1% |
| China | 27.1 | 38.8 | 45.2 | 32.7 | 6.5% |
| United States | 16.0 | 9.7 | 9.9 | 9.5 | -16.0% |
| Singapore | 11.5 | 10.2 | 11.8 | 8.8 | -8.5% |
| Belgium | 7.1 | 6.2 | 7.2 | 7.0 | -0.5% |
| Thailand | 6.4 | 6.2 | 7.4 | 5.9 | -2.7% |
| Indonesia | 5.1 | 4.3 | 6.3 | 4.0 | -7.8% |
| Honduras | 0.8 | 0.4 | 1.6 | 3.1 | 57.1% |
| Malaysia | 2.0 | 1.8 | 2.4 | 2.6 | 9.1% |
| Germany | 1.4 | 1.7 | 2.8 | 2.6 | 22.9% |
| Mexico | 0.9 | 1.4 | 2.0 | 1.5 | 18.6% |
| Turkey | 0.8 | 0.8 | 1.5 | 1.3 | 17.6% |
| Others | 24.0 | 15.0 | 16.7 | 16.1 | -12.5% |
| Total | 249 | 281 | 327 | 236 | -1.8% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Japan in 2022:
- South Korea (1603.3 tons)
- Taiwan (Chinese) (1208.9 tons)
- China (1102.1 tons)
- Belgium (437.1 tons)
- Singapore (318.1 tons)
- Honduras (310.3 tons)
- Thailand (277.5 tons)
- United States (233.7 tons)
- Indonesia (215.8 tons)
- Malaysia (140.0 tons)
- Germany (106.7 tons)
- Turkey (103.4 tons)
- Mexico (102.0 tons)
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