Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Japan - 2023

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Japan (CIF) - 2023
2. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Japan (FOB) - 2023
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Japan
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Japan

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Japan (CIF) - 2023

The average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses stood at $1,342 per ton in July 2023, falling by -10.9% against the previous month. Overall, the import price showed a noticeable shrinkage. The growth pace was the most rapid in June 2023 when the average import price increased by 8.1% m-o-m. The import price peaked at $1,624 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Vietnam ($1,538 per ton) and Taiwan (Chinese) ($1,427 per ton), while the price for South Korea ($1,327 per ton) and China ($1,399 per ton) were amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.1%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Japan (FOB) - 2023

In July 2023, the average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,706 per ton, with a decrease of -24.4% against the previous month. Overall, the export price continues to indicate a mild contraction. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 20% m-o-m. As a result, the export price attained the peak level of $2,255 per ton, and then plummeted in the following month.

Average prices varied noticeably for the major foreign markets. In July 2023, the highest price was recorded for prices to Singapore ($1,910 per ton) and China ($1,854 per ton), while the average price for exports to Vietnam ($1,605 per ton) and Thailand ($1,686 per ton) were amongst the lowest.

From November 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 a decline.

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Japan

In 2022, purchases abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses was finally on the rise to reach 5.6K tons after two years of decline. In general, imports posted slight growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses soared to $9.2M in 2022. Over the period under review, imports enjoyed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Japan in 2022:

1. South Korea (4.9K tons)
2. Taiwan (Chinese) (0.6K tons)
3. Vietnam (0.2K tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Japan

Exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses from Japan shrank to 5.1K tons in 2022, waning by -14.5% against the year before. Over the period under review, exports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports attained the peak of 5.9K tons, and then fell in the following year.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses rose markedly to $8.9M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from Japan in 2022:

1. Vietnam (2.9K tons)
2. Thailand (1.6K tons)
3. China (0.5K tons)
4. Singapore (0.1K tons)

Source: IndexBox Market Intelligence Platform