Alkali Metals; Sodium Price in Japan - 2023
Contents:
- Alkali Metals; Sodium Price in Japan (CIF) - 2023
- Alkali Metals; Sodium Price in Japan (FOB) - 2022
- Alkali Metals; Sodium Imports in Japan
- Alkali Metals; Sodium Exports in Japan
Alkali Metals; Sodium Price in Japan (CIF) - 2023
The average alkali metals; sodium import price stood at $3,659 per ton in July 2023, dropping by -20.4% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 32% month-to-month. As a result, import price attained the peak level of $4,958 per ton. From June 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was France ($3,739 per ton), while the price for China amounted to $3,466 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+0.4%).
Alkali Metals; Sodium Price in Japan (FOB) - 2022
In 2022, the average alkali metals; sodium export price amounted to $70,125 per ton, jumping by 62% against the previous year. Over the period under review, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 961% against the previous year. As a result, the export price attained the peak level of $348,622 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($322,029 per ton), while the average price for exports to Indonesia totaled $55,570 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.
Alkali Metals; Sodium Imports in Japan
In 2022, purchases abroad of alkali metals; sodia increased by 12% to 2.1K 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 +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, alkali metals; sodium imports soared to $7.6M in 2022. The total import value increased at an average annual rate of +9.4% 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 Alkali Metals; Sodium in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 3.3 | 4.1 | 3.8 | 4.6 | 11.7% |
China | 2.5 | 1.7 | 2.7 | 3.0 | 6.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.8 | 5.7 | 6.6 | 7.6 | 9.4% |
Top Suppliers of Alkali Metals; Sodium to Japan in 2022:
- France (1278.6 tons)
- China (845.7 tons)
Alkali Metals; Sodium Exports in Japan
In 2022, approx. 1.4 tons of alkali metals; sodia were exported from Japan; waning by -51.6% compared with the previous year. Over the period under review, exports saw a dramatic descent. The growth pace was the most rapid in 2021 when exports increased by 3,833%.
In value terms, alkali metals; sodium exports shrank sharply to $100K in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 387% against the previous year. As a result, the exports reached the peak of $127K, and then contracted markedly in the following year.
Export of Alkali Metals; Sodium in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 36.0 | N/A | 50.9 | 75.0 | 27.7% |
Vietnam | 35.2 | 26.1 | 24.4 | 25.1 | -10.7% |
Thailand | 26.7 | N/A | 52.0 | N/A | 39.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 98.0 | 26.1 | 127 | 100 | 0.7% |
Top Export Markets for Alkali Metals; Sodium from Japan in 2022:
- Indonesia (1350.0 kg)
- Vietnam (78.0 kg)
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