Price for Sugars; Fructose, Chemically Pure, in Solid Form in Japan - 2024

Contents:

1. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Japan (CIF) - 2024
2. Price for Sugars; Fructose, Chemically Pure, in Solid Form in Japan (FOB) - 2022
3. Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Japan
4. Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Japan

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Japan (CIF) - 2024

In July 2023, the average import price for sugars; fructose, chemically pure, in solid form amounted to $1,280 per ton, shrinking by -3.2% against the previous month. Over the period from February 2023 to July 2023, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices attained the peak figure at $1,329 per ton in April 2023; afterwards, it flattened through to July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Israel ($1,838 per ton), while the price for the United States ($1,217 per ton) was amongst the lowest.

From February 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Israel (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sugars; Fructose, Chemically Pure, in Solid Form in Japan (FOB) - 2022

In 2022, the average export price for sugars; fructose, chemically pure, in solid form amounted to $1,267 per ton, shrinking by -8.5% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 28%. Over the period under review, the average export prices reached the maximum at $2,405 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -4.2% per year.

Imports of Sugars; Fructose, Chemically Pure, in Solid Form in Japan

In 2022, supplies from abroad of sugars; fructose, chemically pure, in solid form was finally on the rise to reach 15K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep slump.

In value terms, imports of sugars; fructose, chemically pure, in solid form surged to $15M in 2022. Over the period under review, imports, however, continue to indicate a pronounced reduction.

Top Suppliers of Sugars; Fructose, Chemically Pure, in Solid Form to Japan in 2022:

1. United States (12.2K tons)
2. Turkey (1.5K tons)
3. Finland (0.6K tons)
4. Israel (0.5K tons)

Exports of Sugars; Fructose, Chemically Pure, in Solid Form in Japan

In 2022, after two years of decline, there was significant growth in overseas shipments of sugars; fructose, chemically pure, in solid form, when their volume increased by 150% to 160 tons. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of sugars; fructose, chemically pure, in solid form skyrocketed to $203K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sugars; Fructose, Chemically Pure, in Solid Form from Japan in 2022:

1. South Korea (160.0 tons)

Source: IndexBox Market Intelligence Platform