Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan - 2023
Contents:
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan (CIF) - 2023
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan (FOB) - 2023
- Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan
- Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan (CIF) - 2023
In November 2023, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,626 per ton, waning by -5.7% against the previous month. Over the period under review, the import price saw a mild downturn. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 16% against the previous month. As a result, import price reached the peak level of $3,581 per ton. From January 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,594 per ton), while the price for the United States ($1,955 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 a decline.
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan (FOB) - 2023
The average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $5,192 per ton in November 2023, rising by 18% against the previous month. Over the period under review, the export price, however, showed a noticeable slump. The growth pace was the most rapid in September 2023 when the average export price increased by 147% month-to-month. The export price peaked at $8,608 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Hong Kong SAR ($8,364 per ton), while the average price for exports to South Korea ($2,355 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 Taiwan (Chinese) (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan
In 2022, the amount of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s imported into Japan expanded modestly to 6.4K tons, picking up by 4.7% against the year before. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 14%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s totaled $22M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +63.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 42%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.0 | 5.9 | 12.1 | 12.8 | 17.0% |
| Germany | 4.8 | 4.8 | 4.7 | 6.1 | 8.3% |
| United States | 1.1 | 1.4 | 0.9 | 0.9 | -6.5% |
| Thailand | 0.3 | 0.4 | 0.4 | 0.7 | 32.6% |
| Poland | 0.2 | 0.2 | 0.1 | 0.6 | 44.2% |
| Malaysia | 0.6 | 0.5 | 0.5 | 0.6 | 0.0% |
| South Korea | 0.3 | 0.2 | 0.3 | 0.1 | -30.7% |
| Others | 0.3 | 0.1 | 0.2 | 0.3 | 0.0% |
| Total | 15.5 | 13.5 | 19.3 | 22.1 | 12.6% |
Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Japan in 2022:
- China (3317.6 tons)
- Germany (2058.1 tons)
- United States (357.0 tons)
- Thailand (260.0 tons)
- Poland (185.0 tons)
- Malaysia (150.2 tons)
- South Korea (15.5 tons)
Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan
After three years of growth, overseas shipments of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s decreased by -24.1% to 856 tons in 2022. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 1.1K tons, and then reduced markedly in the following year.
In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s fell to $6.1M in 2022. The total export value increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $6.5M, and then fell in the following year.
| Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,557 | 1,582 | 2,612 | 2,549 | 17.9% |
| Taiwan (Chinese) | 1,312 | 1,766 | 1,499 | 1,202 | -2.9% |
| Malaysia | 583 | 592 | 673 | 653 | 3.9% |
| Vietnam | 371 | 383 | 436 | 519 | 11.8% |
| South Korea | 72.7 | 224 | 362 | 406 | 77.4% |
| Indonesia | 305 | 227 | 344 | 371 | 6.7% |
| Others | 589 | 404 | 565 | 384 | -13.3% |
| Total | 4,789 | 5,178 | 6,492 | 6,084 | 8.3% |
Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Japan in 2022:
- China (325.9 tons)
- Taiwan (Chinese) (177.5 tons)
- Malaysia (111.7 tons)
- South Korea (107.6 tons)
- Vietnam (72.8 tons)
- Indonesia (18.0 tons)
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