Phosphates; of Potassium Price in Japan - 2023
Contents:
- Phosphates; of Potassium Price in Japan (CIF) - 2023
- Phosphates; of Potassium Price in Japan (FOB) - 2022
- Phosphates; of Potassium Imports in Japan
- Phosphates; of Potassium Exports in Japan
Phosphates; of Potassium Price in Japan (CIF) - 2023
In September 2023, the average phosphates; of potassium import price amounted to $1,558 per ton, shrinking by -15% against the previous month. Overall, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 38% m-o-m. As a result, import price attained the peak level of $2,942 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,441 per ton), while the price for China stood at $1,417 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-0.1%), while the prices for the other major suppliers experienced a decline.
Phosphates; of Potassium Price in Japan (FOB) - 2022
The average phosphates; of potassium export price stood at $6,379 per ton in 2022, surging by 11% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of 21%. Over the period under review, the average export prices reached the peak figure at $7,893 per ton in 2012; however, from 2013 to 2022, the 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 South Korea ($14,449 per ton), while the average price for exports to the United States ($5,285 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphates; of Potassium Imports in Japan
In 2022, the amount of phosphates; of potassia imported into Japan shrank markedly to 3.2K tons, which is down by -16.2% on 2021. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of 3.8K tons, and then dropped remarkably in the following year.
In value terms, phosphates; of potassium imports stood at $7.6M in 2022. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Phosphates; of Potassium in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,338 | 3,277 | 5,815 | 5,811 | 20.3% |
| Malaysia | 134 | 98.8 | 165 | 567 | 61.7% |
| Belgium | 227 | 190 | 296 | 468 | 27.3% |
| Israel | 137 | 60.2 | 122 | 437 | 47.2% |
| France | 190 | 22.5 | 139 | 101 | -19.0% |
| South Korea | 110 | 161 | 306 | 96.3 | -4.3% |
| Others | 327 | 143 | 269 | 131 | -26.3% |
| Total | 4,463 | 3,952 | 7,112 | 7,612 | 19.5% |
Top Suppliers of Phosphates; of Potassium to Japan in 2022:
- China (2456.4 tons)
- Malaysia (257.0 tons)
- Belgium (189.7 tons)
- Israel (175.6 tons)
- France (35.0 tons)
- South Korea (24.5 tons)
Phosphates; of Potassium Exports in Japan
In 2022, shipments abroad of phosphates; of potassia decreased by -23% to 87 tons, falling for the second year in a row after two years of growth. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 60%. As a result, the exports reached the peak of 179 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, phosphates; of potassium exports fell to $556K in 2022. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Phosphates; of Potassium in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 97.5 | 84.3 | 75.3 | 190 | 24.9% |
| Singapore | N/A | N/A | N/A | 106 | 0% |
| United States | 287 | 528 | 355 | 106 | -28.3% |
| Taiwan (Chinese) | 48.4 | 98.7 | 93.1 | 78.4 | 17.4% |
| South Korea | 27.5 | 63.7 | 80.2 | 41.2 | 14.4% |
| Malaysia | 80.4 | 171 | 8.4 | 22.1 | -35.0% |
| Thailand | 116 | 121 | 3.9 | 6.2 | -62.3% |
| Others | 80.4 | 14.5 | 32.2 | 6.3 | -57.2% |
| Total | 738 | 1,080 | 648 | 556 | -9.0% |
Top Export Markets for Phosphates; of Potassium from Japan in 2022:
- Indonesia (31.2 tons)
- Singapore (20.0 tons)
- United States (20.0 tons)
- Taiwan (Chinese) (10.2 tons)
- South Korea (2.9 tons)
- Malaysia (1.9 tons)
- Thailand (0.5 tons)
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This report provides an in-depth analysis of the global market for phosphates and polyphosphates (excluding calcium hydrogenorthophosphate, mono- or disodium phosphate, sodium triphosphate).
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This report provides an in-depth analysis of the global dicalcium phosphate market.
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In January 2023, the growth rate of dicalcium phosphate imports reached its highest point with a remarkable increase of 143% compared to the previous month. The value of these imports also surged to $563K in November 2023.
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In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
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In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
169
In January 2023, the growth rate of dicalcium phosphate imports reached its highest point with a remarkable increase of 143% compared to the previous month. The value of these imports also surged to $563K in November 2023.
824
In value terms, phosphinates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuat...
1256
In value terms, phosphinates exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
