Sulphites; Thiosulphates Price in Japan - 2023
Contents:
- Sulphites; Thiosulphates Price in Japan (FOB) - 2023
- Sulphites; Thiosulphates Price in Japan (CIF) - 2023
- Sulphites; Thiosulphates Exports in Japan
- Sulphites; Thiosulphates Imports in Japan
Sulphites; Thiosulphates Price in Japan (FOB) - 2023
In September 2023, the average sulphites; thiosulphates export price amounted to $1,279 per ton, falling by -13% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 116% m-o-m. The export price peaked at $2,150 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was China ($17,236 per ton), while the average price for exports to Pakistan ($374 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphites; Thiosulphates Price in Japan (CIF) - 2023
The average sulphites; thiosulphates import price stood at $729 per ton in September 2023, stabilizing at the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 21% against the previous month. Over the period under review, average import prices attained the peak figure at $822 per ton in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Taiwan (Chinese) ($975 per ton), while the price for Thailand ($691 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.8%), while the prices for the other major suppliers experienced a decline.
Sulphites; Thiosulphates Exports in Japan
In 2022, overseas shipments of sulphites; thiosulphateses decreased by -31.1% to 4.5K tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 6.5% against the previous year. As a result, the exports reached the peak of 7.4K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sulphites; thiosulphates exports shrank remarkably to $5.1M in 2022. In general, exports faced a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 81% against the previous year.
| Export of Sulphites; Thiosulphates in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 0.5 | 1.1 | 3.3 | 154.6% |
| Australia | 1.1 | 1.0 | 0.7 | 0.6 | -18.3% |
| South Korea | 0.3 | 0.4 | 0.3 | 0.3 | 0.0% |
| Pakistan | N/A | N/A | N/A | 0.2 | 0% |
| Malaysia | 0.1 | 3.6 | 6.8 | 0.1 | 0.0% |
| Thailand | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Philippines | 5.0 | 7.3 | 6.4 | N/A | 13.1% |
| Others | 0.7 | 0.6 | 0.5 | 0.5 | -10.6% |
| Total | 7.4 | 13.5 | 15.8 | 5.1 | -11.7% |
Top Export Markets for Sulphites; Thiosulphates from Japan in 2022:
- Australia (2383.1 tons)
- China (795.8 tons)
- Pakistan (761.8 tons)
- Thailand (207.4 tons)
- South Korea (106.8 tons)
- Malaysia (13.8 tons)
Sulphites; Thiosulphates Imports in Japan
In 2022, approx. 6.9K tons of sulphites; thiosulphateses were imported into Japan; waning by -13.5% against 2021. Overall, imports saw a slight decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of 8K tons, and then declined in the following year.
In value terms, sulphites; thiosulphates imports stood at $5.4M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Sulphites; Thiosulphates in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1.4 | 1.5 | 2.1 | 2.5 | 21.3% |
| China | 2.1 | 1.7 | 2.0 | 2.0 | -1.6% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.4 | 0.4 | 26.0% |
| Germany | 0.4 | 0.1 | 0.4 | 0.4 | 0.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 4.2 | 3.6 | 5.1 | 5.4 | 8.7% |
Top Suppliers of Sulphites; Thiosulphates to Japan in 2022:
- Thailand (3.2K tons)
- China (2.6K tons)
- Germany (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
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