Silicates; Sodium Metasilicates Price in Japan - 2023
Contents:
- Silicates; Sodium Metasilicates Price in Japan (CIF) - 2023
- Silicates; Sodium Metasilicates Price in Japan (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Japan
- Silicates; Sodium Metasilicates Exports in Japan
Silicates; Sodium Metasilicates Price in Japan (CIF) - 2023
The average silicates; sodium metasilicates import price stood at $398 per ton in September 2023, declining by -12.9% against the previous month. Over the period under review, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 46% against the previous month. As a result, import price reached the peak level of $680 per ton. From February 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($455 per ton), while the price for Taiwan (Chinese) stood at $369 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.5%), while the prices for the other major suppliers experienced a decline.
Silicates; Sodium Metasilicates Price in Japan (FOB) - 2022
In 2022, the average silicates; sodium metasilicates export price amounted to $1,367 per ton, dropping by -47.8% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,630 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,597 per ton), while the average price for exports to Vietnam ($994 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 China (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates; Sodium Metasilicates Imports in Japan
In 2022, imports of silicates; sodium metasilicateses into Japan dropped notably to 23K tons, shrinking by -20.6% compared with the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of 29K tons, and then fell markedly in the following year.
In value terms, silicates; sodium metasilicates imports totaled $12M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.8% 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 +53.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 54% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Silicates; Sodium Metasilicates in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.9 | 6.0 | 9.0 | 7.8 | -0.4% |
| Taiwan (Chinese) | 0.7 | 0.7 | 1.7 | 3.0 | 62.4% |
| Netherlands | 0.7 | 0.5 | 0.6 | 0.5 | -10.6% |
| Others | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Total | 9.5 | 7.5 | 11.6 | 11.6 | 6.9% |
Top Suppliers of Silicates; Sodium Metasilicates to Japan in 2022:
- China (14.1K tons)
- Taiwan (Chinese) (8.5K tons)
- Netherlands (0.6K tons)
Silicates; Sodium Metasilicates Exports in Japan
In 2022, approx. 530 tons of silicates; sodium metasilicateses were exported from Japan; jumping by 309% on the previous year's figure. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, silicates; sodium metasilicates exports surged to $725K in 2022. Over the period under review, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Silicates; Sodium Metasilicates in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 14.8 | 9.9 | 56.1 | 401 | 200.3% |
| Thailand | 122 | 147 | 158 | 153 | 7.8% |
| United States | 6.6 | N/A | 6.9 | 61.6 | 110.5% |
| South Korea | 87.0 | 75.0 | 77.7 | 57.9 | -12.7% |
| Malaysia | 15.3 | 24.3 | 15.0 | 8.6 | -17.5% |
| China | 123 | 54.8 | N/A | N/A | -55.4% |
| Poland | 108 | N/A | N/A | N/A | 0% |
| Others | 11.9 | 45.3 | 25.6 | 43.2 | 53.7% |
| Total | 488 | 356 | 339 | 725 | 14.1% |
Top Export Markets for Silicates; Sodium Metasilicates from Japan in 2022:
- Vietnam (403.4 tons)
- Thailand (71.3 tons)
- South Korea (32.1 tons)
- United States (9.3 tons)
- Malaysia (4.7 tons)
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