Japan - Adipic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAdipic Acid Price in Japan - 2023
Contents:
- Adipic Acid Price in Japan (CIF) - 2023
- Adipic Acid Price in Japan (FOB) - 2023
- Adipic Acid Imports in Japan
- Adipic Acid Exports in Japan
Adipic Acid Price in Japan (CIF) - 2023
In July 2023, the average adipic acid import price amounted to $1,676 per ton, which is down by -7.7% against the previous month. Over the period under review, the import price saw a noticeable decline. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 20% month-to-month. The import price peaked at $2,312 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($2,010 per ton), while the price for China ($1,388 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (-1.6%), while the prices for the other major suppliers experienced a decline.
Adipic Acid Price in Japan (FOB) - 2023
In July 2023, the average adipic acid export price amounted to $2,830 per ton, with an increase of 8.8% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 26% m-o-m. Over the period under review, the average export prices attained the maximum at $3,231 per ton in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($6,000 per ton), while the average price for exports to Indonesia ($1,548 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Adipic Acid Imports in Japan
In 2022, the amount of adipic acid, its salts and esters imported into Japan fell slightly to 35K tons, with a decrease of -1.9% on the previous year. Overall, imports continue to indicate a mild slump. The growth pace was the most rapid in 2021 with an increase of 1.6%.
In value terms, adipic acid imports surged to $73M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 +60.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Adipic Acid in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 34.7 | 25.8 | 30.1 | 43.0 | 7.4% |
China | 10.3 | 11.9 | 15.9 | 16.9 | 17.9% |
South Korea | 9.1 | 6.9 | 15.4 | 11.9 | 9.4% |
Others | 0.8 | 0.7 | 0.4 | 0.8 | 0.0% |
Total | 54.9 | 45.3 | 61.9 | 72.6 | 9.8% |
Top Suppliers of Adipic Acid to Japan in 2022:
- United States (18.8K tons)
- China (9.2K tons)
- South Korea (6.7K tons)
Adipic Acid Exports in Japan
Adipic acid exports from Japan declined slightly to 5.3K tons in 2022, approximately equating 2021. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 5.3K tons, leveling off in the following year.
In value terms, adipic acid exports expanded sharply to $14M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +80.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 62%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
Export of Adipic Acid in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 2.5 | 1.9 | 3.7 | 4.3 | 19.8% |
Thailand | 1.2 | 1.5 | 2.7 | 3.0 | 35.7% |
Indonesia | 1.1 | 0.9 | 1.3 | 1.6 | 13.3% |
China | 2.1 | 1.6 | 1.9 | 1.5 | -10.6% |
Brazil | 0.9 | 0.5 | 0.7 | 1.1 | 6.9% |
India | 0.4 | 0.4 | 0.9 | 1.1 | 40.1% |
United States | 0.5 | 0.3 | 0.5 | 0.6 | 6.3% |
Malaysia | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
South Korea | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
Others | 0.5 | 0.3 | 0.5 | 0.4 | -7.2% |
Total | 9.7 | 8.0 | 12.9 | 14.3 | 13.8% |
Top Export Markets for Adipic Acid from Japan in 2022:
- Taiwan (Chinese) (2323.4 tons)
- Indonesia (837.5 tons)
- Thailand (660.6 tons)
- China (633.7 tons)
- Brazil (213.6 tons)
- India (212.4 tons)
- Malaysia (156.8 tons)
- South Korea (115.0 tons)
- United States (96.5 tons)
This report provides an in-depth analysis of the adipic acid market 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 20143385 - Adipic acid, its salts and esters
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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