Price for Monophenols; Naphthols and Their Salts in Japan - 2023
Contents:
- Price for Monophenols; Naphthols and Their Salts in Japan (CIF) - 2023
- Price for Monophenols; Naphthols and Their Salts in Japan (FOB) - 2022
- Imports of Monophenols; Naphthols and Their Salts in Japan
- Exports of Monophenols; Naphthols and Their Salts in Japan
Price for Monophenols; Naphthols and Their Salts in Japan (CIF) - 2023
In July 2023, the average import price for monophenols; naphthols and their saltses amounted to $4,753 per ton, rising by 28% against the previous month. Over the period under review, import price indicated a notable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, monophenols; naphthols and their salts import price decreased by -27.8% against March 2023 indices. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 40% month-to-month. As a result, import price reached the peak level of $6,584 per ton. From April 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was China ($6,240 per ton), while the price for India amounted to $4,351 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+7.8%).
Price for Monophenols; Naphthols and Their Salts in Japan (FOB) - 2022
The average export price for monophenols; naphthols and their saltses stood at $9,617 per ton in 2022, which is down by -24.6% against the previous year. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 22%. The export price peaked at $23,874 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($32,132 per ton), while the average price for exports to Thailand stood at $8,383 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-5.4%).
Imports of Monophenols; Naphthols and Their Salts in Japan
In 2022, overseas purchases of monophenols; naphthols and their saltses were finally on the rise to reach 4.7K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, monophenols; naphthols and their salts imports surged to $17M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Monophenols; Naphthols and Their Salts in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.0 | 7.6 | 7.7 | 10.5 | 1.6% |
| India | 3.3 | 4.5 | 5.5 | 6.9 | 27.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.4 | 12.1 | 13.2 | 17.4 | 9.1% |
Top Suppliers of Monophenols; Naphthols and Their Salts to Japan in 2022:
- China (3.0K tons)
- India (1.7K tons)
Exports of Monophenols; Naphthols and Their Salts in Japan
Monophenols; naphthols and their salts exports from Japan surged to 19 tons in 2022, with an increase of 70% compared with the previous year's figure. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, monophenols; naphthols and their salts exports skyrocketed to $185K in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 69% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Monophenols; Naphthols and Their Salts in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 92.8 | 165 | 118 | 153 | 18.1% |
| Taiwan (Chinese) | 11.0 | 9.8 | 26.0 | 32.2 | 43.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 104 | 175 | 144 | 185 | 21.2% |
Top Export Markets for Monophenols; Naphthols and Their Salts from Japan in 2022:
- Thailand (18.3 tons)
- Taiwan (Chinese) (1.0 tons)
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