Price for Ammonia; Anhydrous or in Aqueous Solution in Japan - 2023

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Japan (CIF) - 2022
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Japan (FOB) - 2023
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Japan
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Japan

Price for Ammonia; Anhydrous or in Aqueous Solution in Japan (CIF) - 2022

In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $974 per ton, picking up by 87% against the previous year. In general, the import price recorded a perceptible expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($1,047 per ton), while the price for Malaysia ($368 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ammonia; Anhydrous or in Aqueous Solution in Japan (FOB) - 2023

The average export price for ammonia; anhydrous or in aqueous solutia stood at $1,694 per ton in September 2023, increasing by 20% against the previous month. Over the period under review, the export price, however, recorded a mild decrease. The most prominent rate of growth was recorded in April 2023 an increase of 34% against the previous month. Over the period under review, the average export prices reached the peak figure at $2,222 per ton in May 2023; however, from June 2023 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($18,725 per ton), while the average price for exports to the United States ($1,314 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Japan

In 2022, approx. 270K tons of ammonia; anhydrous or in aqueous solutia were imported into Japan; jumping by 16% on the year before. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of ammonia; anhydrous or in aqueous solutia soared to $263M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ammonia; Anhydrous or in Aqueous Solution in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia56.738.089.319651.2%
AustraliaN/A8.522.756.6158.0%
Malaysia13.99.89.010.5-8.9%
Others0.16.10.20.458.7%
Total70.662.512126355.0%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Japan in 2022:

  1. Indonesia (187.6K tons)
  2. Australia (54.0K tons)
  3. Malaysia (28.5K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Japan

In 2022, approx. 3K tons of ammonia; anhydrous or in aqueous solutia were exported from Japan; with an increase of 2.7% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 13%. As a result, the exports attained the peak of 3.2K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of ammonia; anhydrous or in aqueous solutia contracted to $5.4M in 2022. Over the period under review, exports, however, saw a abrupt curtailment.

Export of Ammonia; Anhydrous or in Aqueous Solution in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.73.24.14.316.8%
United States1.41.80.70.9-13.7%
Others2.50.80.70.3-50.7%
Total6.65.95.55.4-6.5%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Japan in 2022:

  1. China (2359.3 tons)
  2. United States (582.9 tons)

Source: IndexBox Market Intelligence Platform

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