Alloy Steel Powders Price in Japan - 2023
Contents:
- Alloy Steel Powders Price in Japan (FOB) - 2023
- Alloy Steel Powders Price in Japan (CIF) - 2023
- Alloy Steel Powders Exports in Japan
- Alloy Steel Powders Imports in Japan
Alloy Steel Powders Price in Japan (FOB) - 2023
The average alloy steel powders export price stood at $4,779 per ton in July 2023, rising by 5.8% against the previous month. Overall, the export price, however, saw a noticeable decline. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 8.9% against the previous month. The export price peaked at $6,644 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was China ($7,871 per ton), while the average price for exports to Indonesia ($1,730 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 China (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.
Alloy Steel Powders Price in Japan (CIF) - 2023
The average alloy steel powders import price stood at $3,696 per ton in July 2023, dropping by -19.4% against the previous month. Overall, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in August 2022 when the average import price increased by 59% against the previous month. As a result, import price reached the peak level of $11,461 per ton. From September 2022 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($86,686 per ton), while the price for South Korea ($874 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 Germany (+21.1%), while the prices for the other major suppliers experienced a decline.
Alloy Steel Powders Exports in Japan
In 2022, approx. 36K tons of alloy steel powderses were exported from Japan; shrinking by -10.5% on the previous year. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 27%. As a result, the exports attained the peak of 41K tons, and then contracted in the following year.
In value terms, alloy steel powders exports shrank to $191M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. As a result, the exports reached the peak of $203M, and then declined in the following year.
| Export of Alloy Steel Powders in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 43.5 | 57.3 | 59.5 | 51.2 | 5.6% |
| South Korea | 40.6 | 34.6 | 42.7 | 39.5 | -0.9% |
| Vietnam | 5.1 | 8.6 | 17.2 | 21.1 | 60.5% |
| Taiwan (Chinese) | 13.8 | 14.3 | 19.3 | 17.8 | 8.9% |
| United States | 9.1 | 8.5 | 13.6 | 14.5 | 16.8% |
| Thailand | 9.3 | 6.6 | 11.3 | 13.0 | 11.8% |
| Indonesia | 3.8 | 2.7 | 4.7 | 4.9 | 8.8% |
| Malaysia | 2.1 | 1.4 | 2.5 | 1.8 | -5.0% |
| Others | 28.6 | 26.4 | 32.5 | 26.7 | -2.3% |
| Total | 156 | 160 | 203 | 191 | 7.0% |
Top Export Markets for Alloy Steel Powders from Japan in 2022:
- China (9.8K tons)
- South Korea (7.1K tons)
- Thailand (4.8K tons)
- Taiwan (Chinese) (4.4K tons)
- Indonesia (2.9K tons)
- Vietnam (1.9K tons)
- United States (1.3K tons)
- Malaysia (0.6K tons)
Alloy Steel Powders Imports in Japan
In 2022, imports of alloy steel powderses into Japan dropped modestly to 25K tons, almost unchanged from the year before. The total import volume increased at an average annual rate of +1.8% 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 39%. As a result, imports attained the peak of 25K tons, leveling off in the following year.
In value terms, alloy steel powders imports soared to $224M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Alloy Steel Powders in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.7 | 52.1 | 99.1 | 176 | 70.2% |
| Sweden | 27.3 | 20.7 | 33.5 | 29.3 | 2.4% |
| South Korea | 2.3 | 1.6 | 3.5 | 7.0 | 44.9% |
| Germany | 2.8 | 2.0 | 3.1 | 3.5 | 7.7% |
| Others | 8.4 | 5.9 | 8.7 | 7.6 | -3.3% |
| Total | 76.5 | 82.3 | 148 | 224 | 43.1% |
Top Suppliers of Alloy Steel Powders to Japan in 2022:
- Sweden (11.1K tons)
- South Korea (7.3K tons)
- China (5.3K tons)
- Germany (0.4K tons)
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