Price for Pulps of Other Fibrous Cellulosic Material in Japan - 2024

Contents:

  1. Price for Pulps of Other Fibrous Cellulosic Material in Japan (CIF) - 2024
  2. Price for Pulps of Other Fibrous Cellulosic Material in Japan (FOB) - 2024
  3. Imports of Pulps of Other Fibrous Cellulosic Material in Japan
  4. Exports of Pulps of Other Fibrous Cellulosic Material in Japan

Price for Pulps of Other Fibrous Cellulosic Material in Japan (CIF) - 2024

The average import price for pulps of other fibrous cellulosic materials stood at $2,978 per ton in March 2024, picking up by 17% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $3,400 per ton in July 2023; however, from August 2023 to March 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($6,164 per ton), while the price for China ($1,983 per ton) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Myanmar (+0.7%), while the prices for the other major suppliers experienced a decline.

Price for Pulps of Other Fibrous Cellulosic Material in Japan (FOB) - 2024

In March 2024, the average export price for pulps of other fibrous cellulosic materials amounted to $221 per ton, reducing by -8.9% against the previous month. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 37% against the previous month. The export price peaked at $408 per ton in April 2023; however, from May 2023 to March 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was South Korea ($652 per ton), while the average price for exports to China amounted to $177 per ton.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.0%).

Imports of Pulps of Other Fibrous Cellulosic Material in Japan

In 2022, the amount of pulps of other fibrous cellulosic materials imported into Japan rose remarkably to 61K tons, with an increase of 14% on 2021 figures. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of pulps of other fibrous cellulosic materials skyrocketed to $205M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +67.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Pulps of Other Fibrous Cellulosic Material in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.012.219.034.431.9%
United States21.115.814.327.39.0%
Philippines17.118.920.920.66.4%
Spain11.88.612.912.93.0%
Myanmar3.23.33.53.96.8%
Thailand1.71.81.91.3-8.6%
Germany0.90.60.90.90.0%
Others72.061.474.110312.7%
Total14312314820512.8%

Top Suppliers of Pulps of Other Fibrous Cellulosic Material to Japan in 2022:

  1. China (13.5K tons)
  2. United States (8.0K tons)
  3. Philippines (3.6K tons)
  4. Spain (2.7K tons)
  5. Myanmar (1.2K tons)
  6. Thailand (1.0K tons)
  7. Germany (0.4K tons)

Exports of Pulps of Other Fibrous Cellulosic Material in Japan

In 2022, exports of pulps of other fibrous cellulosic materials from Japan surged to 15K tons, with an increase of 333% compared with 2021 figures. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of pulps of other fibrous cellulosic materials skyrocketed to $6.1M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Pulps of Other Fibrous Cellulosic Material in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3805535481,45256.3%
South Korea3.51214431,240607.6%
Australia71.2N/AN/A10413.5%
CanadaN/AN/AN/A60.40%
Others9491,1701,4193,25050.7%
Total1,4041,8442,4106,10763.2%

Top Export Markets for Pulps of Other Fibrous Cellulosic Material from Japan in 2022:

  1. China (5.4K tons)
  2. South Korea (1.7K tons)
  3. Canada (0.3K tons)
  4. Australia (0.1K tons)

Source: IndexBox Market Intelligence Platform

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