Price for Quinones; Other than Anthraquinone in Japan - 2024
Contents:
- Price for Quinones; Other than Anthraquinone in Japan (FOB) - 2024
- Price for Quinones; Other than Anthraquinone in Japan (CIF) - 2024
- Exports of Quinones; Other than Anthraquinone in Japan
- Imports of Quinones; Other than Anthraquinone in Japan
Price for Quinones; Other than Anthraquinone in Japan (FOB) - 2024
The average quinones; other than anthraquinone export price stood at $12,015 per ton in April 2024, with an increase of 14% against the previous month. In general, the export price, however, recorded a perceptible contraction. The growth pace was the most rapid in October 2023 when the average export price increased by 56% month-to-month. Over the period under review, the average export prices reached the peak figure at $21,709 per ton in July 2023; however, from August 2023 to April 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In April 2024, the country with the highest price was Taiwan (Chinese) ($24,630 per ton), while the average price for exports to China ($6,996 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.2%), while the prices for the other major destinations experienced a decline.
Price for Quinones; Other than Anthraquinone in Japan (CIF) - 2024
In April 2024, the average quinones; other than anthraquinone import price amounted to $16,404 per ton, rising by 1.9% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 394% month-to-month. The import price peaked at $64,625 per ton in August 2023; however, from September 2023 to April 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From April 2023 to April 2024, the rate of growth in terms of prices for China amounted to -0.4% per month.
Exports of Quinones; Other than Anthraquinone in Japan
In 2022, after three years of growth, there was significant decline in shipments abroad of quinones; other than anthraquinones, when their volume decreased by -19.3% to 2.5K tons. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 102% against the previous year.
In value terms, quinones; other than anthraquinone exports declined dramatically to $32M in 2022. Over the period under review, exports, however, saw a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 57%. As a result, the exports reached the peak of $43M, and then contracted markedly in the following year.
Export of Quinones; Other than Anthraquinone in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.7 | 10.6 | 24.7 | 13.2 | 41.1% |
South Korea | 3.6 | 2.4 | 7.0 | 6.3 | 20.5% |
United States | 2.5 | 2.7 | 2.6 | 4.8 | 24.3% |
Taiwan (Chinese) | 1.7 | 6.3 | 3.0 | 3.0 | 20.8% |
Belgium | 0.4 | 0.2 | 2.7 | 2.4 | 81.7% |
India | 1.3 | 0.6 | 0.4 | 0.5 | -27.3% |
United Kingdom | 1.4 | 1.7 | 0.4 | 0.5 | -29.1% |
Others | 3.1 | 2.8 | 1.8 | 1.4 | -23.3% |
Total | 18.8 | 27.3 | 42.7 | 32.0 | 19.4% |
Top Export Markets for Quinones; Other than Anthraquinone from Japan in 2022:
- China (1635.5 tons)
- South Korea (232.8 tons)
- United States (205.7 tons)
- Taiwan (Chinese) (132.5 tons)
- Belgium (98.0 tons)
- United Kingdom (36.0 tons)
- India (26.0 tons)
Imports of Quinones; Other than Anthraquinone in Japan
In 2022, approx. 140 tons of quinones; other than anthraquinones were imported into Japan; surging by 10% on 2021. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, quinones; other than anthraquinone imports skyrocketed to $6.5M in 2022. Overall, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +4.9% 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 +59.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Quinones; Other than Anthraquinone in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.0 | 2.7 | 4.6 | 5.2 | 9.1% |
Italy | 0.3 | 0.4 | N/A | N/A | 33.3% |
Others | 1.4 | 1.0 | 0.9 | 1.3 | -2.4% |
Total | 5.7 | 4.1 | 5.5 | 6.5 | 4.5% |
Top Suppliers of Quinones; Other than Anthraquinone to Japan in 2022:
- China (138.3 tons)
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