Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan - 2023
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (CIF) - 2023
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (FOB) - 2023
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (CIF) - 2023
In November 2023, the average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $621 per ton, with an increase of 17% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 18% m-o-m. As a result, import price attained the peak level of $693 per ton. From January 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,262 per ton), while the price for Saudi Arabia ($326 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+19.1%), while the prices for the other major suppliers experienced a decline.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (FOB) - 2023
The average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $1,745 per ton in November 2023, which is down by -20.9% against the previous month. Overall, the export price recorded a slight downturn. The pace of growth appeared the most rapid in October 2023 an increase of 32% against the previous month. As a result, the export price attained the peak level of $2,206 per ton, and then dropped significantly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($7,434 per ton), while the average price for exports to Malaysia ($1,027 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan
In 2022, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Japan contracted modestly to 2.1M tons, standing approx. at 2021 figures. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of 2.1M tons, leveling off in the following year.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses totaled $1.5B in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +81.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 277 | 196 | 355 | 318 | 4.7% |
| United States | 156 | 142 | 168 | 206 | 9.7% |
| Malaysia | 117 | 55.1 | 154 | 173 | 13.9% |
| Trinidad and Tobago | 61.2 | 25.7 | 102 | 133 | 29.5% |
| Indonesia | 53.4 | 50.4 | 71.9 | 124 | 32.4% |
| China | 71.3 | 69.4 | 96.7 | 120 | 18.9% |
| Brunei Darussalam | 9.0 | 21.2 | 27.0 | 31.4 | 51.7% |
| Venezuela | 21.2 | 28.2 | 43.0 | 14.8 | -11.3% |
| New Zealand | N/A | N/A | 19.3 | 13.5 | -30.1% |
| Oman | 13.8 | N/A | N/A | 11.6 | -5.6% |
| Others | 284 | 229 | 318 | 340 | 6.2% |
| Total | 1,064 | 816 | 1,354 | 1,485 | 11.8% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Japan in 2022:
- Saudi Arabia (790.3K tons)
- Trinidad and Tobago (354.1K tons)
- United States (317.5K tons)
- Malaysia (163.0K tons)
- Brunei Darussalam (86.4K tons)
- Indonesia (76.0K tons)
- Venezuela (43.0K tons)
- China (41.7K tons)
- Oman (33.7K tons)
- New Zealand (31.7K tons)
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan
In 2022, shipments abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -47.6% to 281K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 3% against the previous year. As a result, the exports reached the peak of 621K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses declined significantly to $444M in 2022. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of $667M, and then dropped sharply in the following year.
| Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 260 | 203 | 236 | 108 | -25.4% |
| Taiwan (Chinese) | 65.6 | 61.7 | 82.4 | 69.1 | 1.7% |
| South Korea | 71.7 | 79.9 | 109 | 61.7 | -4.9% |
| United States | 38.2 | 32.7 | 33.7 | 37.8 | -0.4% |
| Netherlands | 16.7 | 18.2 | 19.6 | 24.4 | 13.5% |
| Thailand | 17.0 | 19.0 | 25.2 | 23.9 | 12.0% |
| Malaysia | 10.6 | 14.0 | 18.4 | 17.6 | 18.4% |
| Singapore | 13.7 | 21.3 | 24.2 | 16.3 | 6.0% |
| Indonesia | 14.8 | 12.6 | 30.1 | 15.2 | 0.9% |
| Philippines | 9.4 | 13.3 | 14.4 | 12.4 | 9.7% |
| India | 13.0 | 16.0 | 24.8 | 9.8 | -9.0% |
| Vietnam | 7.2 | 9.6 | 7.2 | 7.5 | 1.4% |
| Others | 38.2 | 38.1 | 42.0 | 39.5 | 1.1% |
| Total | 576 | 540 | 667 | 444 | -8.3% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Japan in 2022:
- China (74.3K tons)
- Taiwan (Chinese) (58.2K tons)
- South Korea (45.1K tons)
- Thailand (17.2K tons)
- Malaysia (16.1K tons)
- Singapore (12.5K tons)
- Indonesia (11.7K tons)
- Philippines (10.8K tons)
- Netherlands (8.6K tons)
- Vietnam (6.1K tons)
- United States (5.3K tons)
- India (4.1K tons)
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