Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan (CIF) - 2023
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan (FOB) - 2022
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan (CIF) - 2023
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,475 per ton in November 2023, reducing by -5.5% against the previous month. In general, the import price recorded a mild setback. The pace of growth appeared the most rapid in December 2022 an increase of 37% month-to-month. As a result, import price attained the peak level of $2,333 per ton. From January 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($3,959 per ton), while the price for Vietnam ($522 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 Thailand (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan (FOB) - 2022
The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $7,711 per ton in 2022, rising by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2020 an increase of 49%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($155,439 per ton), while the average price for exports to Pakistan ($202 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 Bangladesh (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan
In 2022, the amount of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses imported into Japan fell notably to 45K tons, with a decrease of -15.7% compared with 2021. In general, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 6.2%. As a result, imports reached the peak of 53K tons, and then fell significantly in the following year.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $98M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.2% 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 +82.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.4 | 36.0 | 64.9 | 74.9 | 20.9% |
| Germany | 6.8 | 7.9 | 7.6 | 9.2 | 10.6% |
| France | 2.3 | 1.6 | 1.7 | 3.2 | 11.6% |
| Thailand | 2.3 | 1.9 | 2.3 | 2.4 | 1.4% |
| Vietnam | 0.7 | 1.9 | 1.7 | 2.2 | 46.5% |
| Others | 5.2 | 4.8 | 5.4 | 6.4 | 7.2% |
| Total | 59.5 | 54.0 | 83.6 | 98.3 | 18.2% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Japan in 2022:
- China (34.0K tons)
- Vietnam (3.4K tons)
- Germany (3.1K tons)
- Thailand (1.2K tons)
- France (0.9K tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan
In 2022, the amount of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses exported from Japan declined to 8.8K tons, which is down by -11.8% compared with the year before. Over the period under review, exports recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 10K tons, and then declined in the following year.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses totaled $68M in 2022. The total export value increased at an average annual rate of +13.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 29%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 5.0 | 6.7 | 6.2 | 8.9% |
| Taiwan (Chinese) | 3.7 | 4.3 | 4.9 | 4.6 | 7.5% |
| South Korea | 2.6 | 3.4 | 4.7 | 4.3 | 18.3% |
| Vietnam | 1.1 | 1.1 | 1.4 | 1.5 | 10.9% |
| Indonesia | 1.2 | 0.9 | 1.0 | 1.1 | -2.9% |
| Bangladesh | 0.5 | 0.3 | 0.3 | 0.6 | 6.3% |
| Pakistan | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Others | 31.8 | 44.1 | 48.0 | 49.3 | 15.7% |
| Total | 46.2 | 59.5 | 67.5 | 68.0 | 13.8% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Japan in 2022:
- Pakistan (1.9K tons)
- Indonesia (1.5K tons)
- Vietnam (1.2K tons)
- China (0.9K tons)
- Taiwan (Chinese) (0.8K tons)
- South Korea (0.7K tons)
- Bangladesh (0.4K tons)
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