Price for Lustres; Liquid Lustres and Similar Preparations in Japan - 2023
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Japan (FOB) - 2023
- Price for Lustres; Liquid Lustres and Similar Preparations in Japan (CIF) - 2022
- Exports of Lustres; Liquid Lustres and Similar Preparations in Japan
- Imports of Lustres; Liquid Lustres and Similar Preparations in Japan
Price for Lustres; Liquid Lustres and Similar Preparations in Japan (FOB) - 2023
The average export price for lustres; liquid lustres and similar preparationses stood at $137K per ton in November 2023, shrinking by -14.2% against the previous month. Over the period under review, the export price saw a noticeable descent. The pace of growth appeared the most rapid in July 2023 an increase of 16% month-to-month. The export price peaked at $204K per ton in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the United States ($359K per ton), while the average price for exports to Malaysia ($66,740 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 the United States (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Lustres; Liquid Lustres and Similar Preparations in Japan (CIF) - 2022
The average import price for lustres; liquid lustres and similar preparationses stood at $1,436,906 per ton in 2022, rising by 21% against the previous year. In general, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 90% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,074,008 per ton), while the price for China ($338,077 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.1%), while the prices for the other major suppliers experienced a decline.
Exports of Lustres; Liquid Lustres and Similar Preparations in Japan
In 2022, overseas shipments of lustres; liquid lustres and similar preparationses decreased by -25.9% to 2.8K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. As a result, the exports attained the peak of 3.8K tons, and then contracted dramatically in the following year.
In value terms, exports of lustres; liquid lustres and similar preparationses shrank markedly to $532M in 2022. In general, total exports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of $818M, and then reduced remarkably in the following year.
| Export of Lustres; Liquid Lustres and Similar Preparations in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 160 | 216 | 281 | 174 | 2.8% |
| South Korea | 76.0 | 65.8 | 80.1 | 55.5 | -9.9% |
| Taiwan (Chinese) | 34.8 | 63.2 | 88.0 | 42.0 | 6.5% |
| Philippines | 23.6 | 23.2 | 44.2 | 38.0 | 17.2% |
| Malaysia | 40.3 | 43.0 | 38.0 | 26.2 | -13.4% |
| United States | 16.9 | 13.7 | 17.6 | 15.2 | -3.5% |
| Singapore | 5.9 | 3.7 | 11.4 | 9.4 | 16.8% |
| Others | 150 | 193 | 257 | 172 | 4.7% |
| Total | 508 | 621 | 818 | 532 | 1.6% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Japan in 2022:
- China (1072.4 tons)
- South Korea (638.7 tons)
- Philippines (329.0 tons)
- Malaysia (294.6 tons)
- Taiwan (Chinese) (184.6 tons)
- Singapore (93.1 tons)
- United States (62.7 tons)
Imports of Lustres; Liquid Lustres and Similar Preparations in Japan
In 2022, overseas purchases of lustres; liquid lustres and similar preparationses decreased by -44.4% to 40 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, imports reached the peak of 92 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of lustres; liquid lustres and similar preparationses fell dramatically to $57M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. As a result, imports attained the peak of $85M, and then reduced remarkably in the following year.
| Import of Lustres; Liquid Lustres and Similar Preparations in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 14.1 | 25.3 | 60.7 | 41.4 | 43.2% |
| United States | 7.1 | 7.4 | 13.5 | 8.9 | 7.8% |
| South Korea | 4.6 | 4.6 | 6.7 | 5.6 | 6.8% |
| China | 13.6 | 15.3 | 2.1 | 0.5 | -66.7% |
| Singapore | 2.9 | 4.3 | 1.0 | 0.1 | -67.5% |
| Others | 0.7 | 0.5 | 0.8 | 0.5 | -10.6% |
| Total | 43.0 | 57.3 | 84.7 | 56.9 | 9.8% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Japan in 2022:
- Taiwan (Chinese) (20.0 tons)
- United States (10.0 tons)
- South Korea (7.4 tons)
- China (1.5 tons)
- Singapore (0.1 tons)
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