Japan - Toluene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingToluene Price in Japan - 2023
Contents:
- Toluene Price in Japan (FOB) - 2023
- Toluene Price in Japan (CIF) - 2022
- Toluene Exports in Japan
- Toluene Imports in Japan
Toluene Price in Japan (FOB) - 2023
In July 2023, the average toluene export price amounted to $804 per ton, stabilizing at the previous month. Overall, the export price, however, saw a noticeable descent. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 9.6% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,109 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In July 2023, the country with the highest price was China ($834 per ton), while the average price for exports to South Korea amounted to $801 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-1.9%), while the prices for the other major destinations experienced a decline.
Toluene Price in Japan (CIF) - 2022
The average toluene import price stood at $2,326 per ton in 2022, falling by -95.2% against the previous year. Over the period under review, the import price, however, recorded prominent growth. The growth pace was the most rapid in 2021 when the average import price increased by 2,280%. As a result, import price reached the peak level of $48,685 per ton, and then shrank significantly in the following year.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +6.9% per year.
Toluene Exports in Japan
In 2022, approx. 333K tons of toluene were exported from Japan; waning by -34.5% on the year before. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year.
In value terms, toluene exports declined to $297M in 2022. Overall, exports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 93%.
| Export of Toluene in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 296 | 135 | 283 | 271 | -2.9% |
| Taiwan (Chinese) | 12.1 | 7.5 | 10.3 | 13.6 | 4.0% |
| China | 30.2 | 24.7 | 30.6 | 12.5 | -25.5% |
| Others | 0.9 | 1.1 | 1.7 | 0.7 | -8.0% |
| Total | 339 | 169 | 326 | 297 | -4.3% |
Top Export Markets for Toluene from Japan in 2022:
- South Korea (304.7K tons)
- Taiwan (Chinese) (15.7K tons)
- China (11.6K tons)
Toluene Imports in Japan
In 2022, supplies from abroad of toluene was finally on the rise to reach 3.6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep contraction.
In value terms, toluene imports soared to $8.4M in 2022. In general, imports, however, continue to indicate a deep setback.
| Import of Toluene in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 12.2 | 2.4 | N/A | 8.4 | -11.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.2 | 2.4 | N/A | 8.4 | -11.7% |
Top Suppliers of Toluene to Japan in 2022:
- South Korea (3.6K tons)
This report provides an in-depth analysis of the toluene market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141225 - Toluene
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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