Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan (FOB) - 2023
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan (CIF) - 2023
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan (FOB) - 2023
The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $21,222 per ton in November 2023, rising by 2.6% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 9% against the previous month. Over the period under review, the average export prices hit record highs at $23,196 per ton in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In November 2023, the highest price was recorded for prices to Thailand ($27,099 per ton) and France ($21,690 per ton), while the average price for exports to India ($19,033 per ton) and the United States ($19,084 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan (CIF) - 2023
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $19,435 per ton in November 2023, dropping by -2.3% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 30% m-o-m. As a result, import price reached the peak level of $24,727 per ton. From February 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($27,917 per ton), while the price for Germany ($12,637 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan
For the third year in a row, Japan recorded decline in overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol, which decreased by -24.2% to 848 tons in 2022. Over the period under review, exports faced a abrupt decrease. The smallest decline of -12.7% was in 2020.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol declined markedly to $18M in 2022. Overall, exports saw a abrupt contraction. The smallest decline of -14.3% was in 2020.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.9 | 9.9 | 3.7 | 5.0 | -20.4% |
| China | 6.2 | 4.1 | 3.2 | 2.3 | -28.1% |
| Singapore | 1.5 | 1.0 | 1.1 | 1.3 | -4.7% |
| France | 0.4 | 0.8 | 6.2 | 1.1 | 40.1% |
| Thailand | 1.8 | 2.0 | 1.3 | 1.1 | -15.1% |
| Taiwan (Chinese) | 1.1 | 0.9 | 0.9 | 0.9 | -6.5% |
| Brazil | 0.8 | 0.5 | 1.1 | 0.8 | 0.0% |
| United Kingdom | 0.6 | 1.0 | 0.7 | 0.8 | 10.1% |
| Germany | 1.3 | 0.9 | 0.5 | 0.8 | -14.9% |
| Mexico | N/A | N/A | 0.3 | 0.7 | 133.3% |
| Vietnam | 0.6 | 0.8 | 0.9 | 0.6 | 0.0% |
| Netherlands | 3.9 | 1.6 | 0.4 | 0.4 | -53.2% |
| Spain | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Others | 4.9 | 4.8 | 2.6 | 1.4 | -34.1% |
| Total | 33.2 | 28.4 | 23.1 | 17.7 | -18.9% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Japan in 2022:
- United States (250.6 tons)
- China (115.0 tons)
- Singapore (66.8 tons)
- France (48.5 tons)
- Thailand (41.1 tons)
- Taiwan (Chinese) (40.2 tons)
- United Kingdom (39.4 tons)
- Mexico (36.8 tons)
- Germany (36.8 tons)
- Brazil (34.0 tons)
- Spain (28.4 tons)
- Vietnam (25.4 tons)
- Netherlands (20.3 tons)
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan
In 2022, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into Japan shrank to 734 tons, falling by -9.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, 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 30% against the previous year. As a result, imports reached the peak of 809 tons, and then shrank in the following year.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol declined sharply to $14M in 2022. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.7 | 5.5 | 4.9 | 4.8 | 0.7% |
| India | 6.9 | 4.6 | 6.9 | 3.7 | -18.8% |
| China | 4.6 | 4.1 | 3.8 | 3.6 | -7.8% |
| United States | N/A | N/A | 0.5 | 1.3 | 160.0% |
| France | 0.9 | 1.0 | 0.6 | 0.5 | -17.8% |
| Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 17.1 | 15.3 | 16.9 | 14.0 | -6.4% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Japan in 2022:
- Germany (336.8 tons)
- India (170.9 tons)
- China (125.8 tons)
- United States (81.8 tons)
- France (15.1 tons)
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