Report Update: Apr 1, 2024

Japan - Artificial And Prepared Waxes Of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends And Insights

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Polyethylene Glycol Wax Price in Japan - 2023

Polyethylene Glycol Wax Price in Japan (FOB) - 2022

The average polyethylene glycol wax export price stood at $4,350 per ton in 2022, leveling off at the previous year. In general, the export price, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2019 an increase of 28%. Over the period under review, the average export prices hit record highs at $5,747 per ton in 2012; however, from 2013 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 the United States ($8,924 per ton), while the average price for exports to Vietnam ($2,308 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 Indonesia (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

Polyethylene Glycol Wax Price in Japan (CIF) - 2022

The average polyethylene glycol wax import price stood at $3,702 per ton in 2022, growing by 9.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2014 when the average import price increased by 34%. As a result, import price reached the peak level of $3,978 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,593 per ton), while the price for Taiwan (Chinese) ($1,971 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Polyethylene Glycol Wax Exports in Japan

In 2022, overseas shipments of artificial and prepared waxes of polyethylene glycol increased by 21% to 621 tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyethylene glycol wax exports surged to $2.7M in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polyethylene Glycol Wax in Japan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	731	815	629	1,104	14.7%
United States	136	188	152	470	51.2%
South Korea	436	504	455	329	-9.0%
Thailand	85.5	76.6	179	234	39.9%
Taiwan (Chinese)	292	316	330	179	-15.1%
India	80.8	67.1	113	138	19.5%
Indonesia	129	95.8	35.6	50.9	-26.7%
Vietnam	103	59.4	29.8	13.8	-48.8%
Hong Kong SAR	96.6	80.6	43.8	8.5	-55.5%
Others	44.9	154	259	173	56.8%
Total	2,135	2,355	2,227	2,699	8.1%

Top Export Markets for Polyethylene Glycol Wax from Japan in 2022:

China (298.1 tons)
South Korea (81.1 tons)
Thailand (72.5 tons)
United States (52.7 tons)
Taiwan (Chinese) (46.0 tons)
India (38.6 tons)
Indonesia (8.5 tons)
Vietnam (6.0 tons)
Hong Kong SAR (2.0 tons)

Polyethylene Glycol Wax Imports in Japan

In 2022, the amount of artificial and prepared waxes of polyethylene glycol imported into Japan skyrocketed to 592 tons, growing by 36% against the previous year. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% 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 +50.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyethylene glycol wax imports skyrocketed to $2.2M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polyethylene Glycol Wax in Japan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	198	378	635	867	63.6%
China	307	363	394	801	37.7%
South Korea	318	249	193	276	-4.6%
Taiwan (Chinese)	158	105	127	88.1	-17.7%
Germany	53.6	44.3	42.8	77.4	13.0%
India	17.6	72.9	62.2	71.2	59.3%
Others	10.9	34.0	11.7	10.7	-0.6%
Total	1,062	1,247	1,466	2,192	27.3%

Top Suppliers of Polyethylene Glycol Wax to Japan in 2022:

China (280.5 tons)
South Korea (134.7 tons)
United States (90.4 tons)
Taiwan (Chinese) (44.7 tons)
India (24.0 tons)
Germany (15.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polyethylene glycol wax 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 20414270 - Artificial and prepared waxes of polyethylene glycol

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023