Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Japan - 2023

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Japan (CIF) - 2023
2. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Japan (FOB) - 2023
3. Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Japan
4. Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Japan

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Japan (CIF) - 2023

In November 2023, the average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $4,611 per ton, with an increase of 8.9% against the previous month. Overall, the import price, however, continues to indicate a slight decrease. The import price peaked at $5,435 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($9,116 per ton), while the price for China ($3,915 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 the United States (+0.3%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Japan (FOB) - 2023

The average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $6,719 per ton in November 2023, reducing by -3.1% against the previous month. Over the period under review, the export price showed a abrupt decrease. The pace of growth was the most pronounced in July 2023 when the average export price increased by 21% against the previous month. Over the period under review, the average export prices reached the maximum at $16,445 per ton in November 2022; however, from December 2022 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was China ($8,437 per ton), while the average price for exports to Vietnam ($5,047 per ton) was 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 (+0.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Japan

In 2022, the amount of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses imported into Japan contracted remarkably to 8.6K tons, dropping by -16.1% against 2021 figures. In general, imports saw a mild contraction. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of 10K tons, and then dropped notably in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted modestly to $48M in 2022. Overall, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.4% 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 +57.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of $50M, and then reduced in the following year.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Japan in 2022:

1. China (6.5K tons)
2. India (1.1K tons)
3. United States (0.9K tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Japan

In 2022, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses from Japan fell significantly to 569 tons, waning by -16.8% compared with 2021. Overall, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. As a result, the exports reached the peak of 684 tons, and then declined rapidly in the following year.

In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted slightly to $4.9M in 2022. The total export value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports attained the peak of $5M, leveling off in the following year.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Japan in 2022:

1. Thailand (164.2 tons)
2. China (154.1 tons)
3. Malaysia (72.7 tons)
4. Indonesia (54.4 tons)
5. South Korea (48.6 tons)
6. Taiwan (Chinese) (28.2 tons)
7. United States (18.3 tons)
8. Vietnam (12.1 tons)
9. Singapore (4.1 tons)

Source: IndexBox Market Intelligence Platform