Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan - 2023

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (FOB) - 2023
  2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (CIF) - 2022
  3. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan
  4. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (FOB) - 2023

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $1,473 per ton in November 2023, which is down by -4.9% against the previous month. Overall, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 23% month-to-month. As a result, the export price attained the peak level of $2,390 per ton. From January 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($3,201 per ton), while the average price for exports to South Korea stood at $1,184 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-0.0%).

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (CIF) - 2022

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $6,383 per ton in 2022, increasing by 8.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 8.9%. Over the period under review, average import prices attained the maximum at $6,815 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($13,768 per ton), while the price for the Netherlands ($3,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan

In 2022, the amount of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses exported from Japan fell to 64K tons, approximately reflecting 2021 figures. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 43%. As a result, the exports attained the peak of 64K tons, leveling off in the following year.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses shrank to $180M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports attained the peak of $194M, and then declined in the following year.

Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea80.168.111212014.4%
China22.321.621.216.1-10.3%
Belgium4.53.24.34.2-2.3%
Others58.551.256.739.7-12.1%
Total1651441941802.9%

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Japan in 2022:

  1. South Korea (57.1K tons)
  2. China (2.8K tons)
  3. Belgium (1.0K tons)

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan

Imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Japan dropped slightly to 13K tons in 2022, approximately mirroring 2021 figures. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 15%. As a result, imports reached the peak of 13K tons, leveling off in the following year.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses expanded markedly to $83M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China41.632.439.144.72.4%
India10.98.912.212.03.3%
Germany7.88.210.411.814.8%
Netherlands3.43.43.75.517.4%
United States3.52.72.93.71.9%
South Korea2.21.33.11.7-8.2%
Others4.15.64.83.2-7.9%
Total73.562.576.182.64.0%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Japan in 2022:

  1. China (6.2K tons)
  2. India (3.2K tons)
  3. Netherlands (1.7K tons)
  4. Germany (0.9K tons)
  5. United States (0.5K tons)
  6. South Korea (0.3K tons)

Source: IndexBox Market Intelligence Platform

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