Japan - Nitric Acid And Sulphonitric Acids - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Nitric and Sulphonitric Acids in Japan - 2023
Contents:
- Price for Nitric and Sulphonitric Acids in Japan (CIF) - 2023
- Price for Nitric and Sulphonitric Acids in Japan (FOB) - 2022
- Imports of Nitric and Sulphonitric Acids in Japan
- Exports of Nitric and Sulphonitric Acids in Japan
Price for Nitric and Sulphonitric Acids in Japan (CIF) - 2023
In September 2023, the average nitric and sulphonitric acids import price amounted to $246 per ton, which is down by -12% against the previous month. Overall, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in July 2023 an increase of 62% month-to-month. Over the period under review, average import prices hit record highs at $423 per ton in September 2022; however, from October 2022 to September 2023, 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 South Korea.
From September 2022 to September 2023, the rate of growth in terms of prices for South Korea amounted to -4.4% per month.
Price for Nitric and Sulphonitric Acids in Japan (FOB) - 2022
In 2021, the average nitric and sulphonitric acids export price amounted to $1,847 per ton, with an increase of 8.2% against the previous year. Over the period under review, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 85%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($12,916 per ton), while the average price for exports to Taiwan (Chinese) ($1,164 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+56.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nitric and Sulphonitric Acids in Japan
After three years of growth, supplies from abroad of nitric acid and sulphonitric acids decreased by -28.6% to 178K tons in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 133% against the previous year. As a result, imports reached the peak of 249K tons, and then contracted markedly in the following year.
In value terms, nitric and sulphonitric acids imports reduced dramatically to $28M in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 133% against the previous year. As a result, imports attained the peak of $40M, and then reduced markedly in the following year.
Import of Nitric and Sulphonitric Acids in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
South Korea | 13.6 | 17.0 | 39.6 | 70.6% | |
Others | N/A | N/A | N/A | 0% | |
Total | 13.6 | 17.0 | 39.6 | 70.6% |
Top Suppliers of Nitric and Sulphonitric Acids to Japan in 2022:
- South Korea (249.0K tons)
Exports of Nitric and Sulphonitric Acids in Japan
In 2022, nitric and sulphonitric acids exports from Japan contracted to 2.3K tons, shrinking by -6.1% on the previous year. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 14%.
In value terms, nitric and sulphonitric acids exports contracted to $4.2M in 2022. Overall, exports continue to indicate a perceptible decrease. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of $4.6M, and then reduced in the following year.
Export of Nitric and Sulphonitric Acids in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Taiwan (Chinese) | 2,219 | 1,636 | 1,483 | -18.2% | |
Singapore | 596 | 634 | 1,318 | 48.7% | |
China | 676 | 433 | 555 | -9.4% | |
United States | 496 | 385 | 329 | -18.6% | |
Indonesia | 132 | 207 | 254 | 38.7% | |
Others | 334 | 455 | 684 | 43.1% | |
Total | 4,454 | 3,750 | 4,623 | 1.9% |
Top Export Markets for Nitric and Sulphonitric Acids from Japan in 2022:
- Taiwan (Chinese) (1274.7 tons)
- Singapore (800.5 tons)
- China (157.5 tons)
- Indonesia (88.2 tons)
- United States (78.2 tons)
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20151050 - Nitric acid, sulphonitric acids
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Japan.
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Japan.
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...