Price for Sulphites; Other than of Sodium in Japan - 2023

Contents:

1. Price for Sulphites; Other than of Sodium in Japan (FOB) - 2022
2. Price for Sulphites; Other than of Sodium in Japan (CIF) - 2022
3. Exports of Sulphites; Other than of Sodium in Japan
4. Imports of Sulphites; Other than of Sodium in Japan

Price for Sulphites; Other than of Sodium in Japan (FOB) - 2022

The average export price for sulphites; other than of sodia stood at $62,051 per ton in 2022, dropping by -59.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 70%. Over the period under review, the average export prices reached the maximum at $156,995 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($96,788 per ton), while the average price for exports to South Korea ($32,352 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sulphites; Other than of Sodium in Japan (CIF) - 2022

The average import price for sulphites; other than of sodia stood at $3,036 per ton in 2022, increasing by 4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.8%. The most prominent rate of growth was recorded in 2013 an increase of 34%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +16.4% per year.

Exports of Sulphites; Other than of Sodium in Japan

After three years of growth, shipments abroad of sulphites; other than of sodia decreased by -96.9% to 2.7 tons in 2022. Overall, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 55%.

In value terms, sulphites; other than of sodium exports fell sharply to $165K in 2022. In general, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 105% against the previous year.

Top Export Markets for Sulphites; Other than of Sodium from Japan in 2022:

1. Taiwan (Chinese) (1415.0 kg)
2. South Korea (775.0 kg)
3. China (444.0 kg)

Imports of Sulphites; Other than of Sodium in Japan

In 2022, overseas purchases of sulphites; other than of sodia decreased by -81.5% to 13 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. As a result, imports reached the peak of 69 tons, and then reduced markedly in the following year.

In value terms, sulphites; other than of sodium imports fell remarkably to $39K in 2022. Over the period under review, imports showed a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 74%. As a result, imports reached the peak of $201K, and then shrank rapidly in the following year.

Top Suppliers of Sulphites; Other than of Sodium to Japan in 2022:

1. China (12.8 tons)

Source: IndexBox Market Intelligence Platform