Japan - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoethanolamine Price in Japan - 2023
Contents:
- Monoethanolamine Price in Japan (CIF) - 2023
- Monoethanolamine Price in Japan (FOB) - 2022
- Monoethanolamine Imports in Japan
- Monoethanolamine Exports in Japan
Monoethanolamine Price in Japan (CIF) - 2023
The average monoethanolamine import price stood at $1,329 per ton in July 2023, flattening at the previous month. Overall, the import price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 8.2% m-o-m. The import price peaked at $1,708 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Saudi Arabia ($1,364 per ton), while the price for China ($1,015 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 China (-1.0%), while the prices for the other major suppliers experienced a decline.
Monoethanolamine Price in Japan (FOB) - 2022
In 2022, the average monoethanolamine export price amounted to $2,795 per ton, dropping by -6.1% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monoethanolamine export price decreased by -8.3% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 25% against the previous year. The export price peaked at $3,048 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($51,889 per ton), while the average price for exports to the Philippines ($2,569 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 India (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.
Monoethanolamine Imports in Japan
In 2022, after three years of growth, there was significant decline in supplies from abroad of monoethanolamine and its salts, when their volume decreased by -19.5% to 11K tons. In general, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 42%. As a result, imports reached the peak of 14K tons, and then shrank dramatically in the following year.
In value terms, monoethanolamine imports rose rapidly to $17M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Monoethanolamine in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 3.2 | 3.8 | 9.3 | 10.6 | 49.1% |
Malaysia | 1.7 | 1.7 | 2.6 | 3.5 | 27.2% |
United States | 4.4 | 2.7 | 2.3 | 1.5 | -30.1% |
Thailand | 0.9 | 1.0 | 1.0 | 0.8 | -3.9% |
Others | 0.5 | 0.4 | 0.5 | 0.3 | -15.7% |
Total | 10.7 | 9.5 | 15.8 | 16.6 | 15.8% |
Top Suppliers of Monoethanolamine to Japan in 2022:
- Saudi Arabia (7.0K tons)
- Malaysia (2.3K tons)
- United States (1.2K tons)
- Thailand (0.4K tons)
Monoethanolamine Exports in Japan
For the fourth year in a row, Japan recorded growth in overseas shipments of monoethanolamine and its salts, which increased by 42% to 295 tons in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, monoethanolamine exports surged to $825K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
Export of Monoethanolamine in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | N/A | 11.5 | 41.4 | 407 | 494.9% |
China | 211 | 221 | 321 | 228 | 2.6% |
Philippines | 123 | 97.4 | 83.3 | 66.3 | -18.6% |
Thailand | 22.8 | 54.6 | 51.4 | 44.7 | 25.2% |
Vietnam | N/A | 25.5 | 67.5 | 33.8 | 15.1% |
Indonesia | 12.3 | 15.8 | 16.7 | 28.0 | 31.5% |
Others | 56.3 | 19.1 | 36.3 | 17.9 | -31.7% |
Total | 425 | 445 | 617 | 825 | 24.7% |
Top Export Markets for Monoethanolamine from Japan in 2022:
- Taiwan (Chinese) (154.2 tons)
- China (80.3 tons)
- Philippines (25.8 tons)
- Thailand (14.8 tons)
- Vietnam (12.7 tons)
- Indonesia (5.1 tons)
This report provides an in-depth analysis of the monoethanolamine market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20144233 - Monoethanolamine and its salts
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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