Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan - 2023

Contents:

  1. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan (FOB) - 2022
  2. Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan (CIF) - 2023
  3. Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan
  4. Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan (FOB) - 2022

The average export price for carboxyamide-function compounds; amide-function compounds of carbonic acids stood at $10,564 per ton in 2022, with an increase of 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($41,343 per ton), while the average price for exports to Thailand ($4,368 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 Singapore (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan (CIF) - 2023

The average import price for carboxyamide-function compounds; amide-function compounds of carbonic acids stood at $6,930 per ton in November 2023, reducing by -49.3% against the previous month. In general, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in October 2023 when the average import price increased by 105% month-to-month. The import price peaked at $14,724 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($111K per ton), while the price for Saudi Arabia ($799 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 the United States (+21.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan

After three years of growth, overseas shipments of carboxyamide-function compounds; amide-function compounds of carbonic acids decreased by -20.3% to 36K tons in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of 45K tons, and then shrank sharply in the following year.

In value terms, exports of carboxyamide-function compounds; amide-function compounds of carbonic acids reduced modestly to $382M in 2022. The total export value increased at an average annual rate of +11.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $394M, and then dropped modestly in the following year.

Export of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States68.070.397.110214.5%
Singapore2.32.721.758.9194.8%
South Korea40.947.648.844.22.6%
Ireland37.434.633.935.8-1.4%
Netherlands23.516.920.729.47.8%
Germany17.137.343.923.010.4%
China18.317.028.222.36.8%
India14.224.223.612.3-4.7%
Belgium11.617.720.211.4-0.6%
Taiwan (Chinese)5.94.57.06.63.8%
Brazil5.35.98.05.93.6%
Thailand3.33.04.33.62.9%
Australia2.89.30.60.5-43.7%
Others22.730.135.626.65.4%
Total27332139438211.8%

Top Export Markets for Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid from Japan in 2022:

  1. South Korea (8.6K tons)
  2. United States (7.2K tons)
  3. Netherlands (5.4K tons)
  4. China (3.5K tons)
  5. Ireland (2.4K tons)
  6. Germany (1.5K tons)
  7. Singapore (1.4K tons)
  8. India (1.1K tons)
  9. Taiwan (Chinese) (1.0K tons)
  10. Belgium (0.8K tons)
  11. Thailand (0.8K tons)
  12. Brazil (0.3K tons)
  13. Australia (0.1K tons)

Imports of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan

In 2022, approx. 36K tons of carboxyamide-function compounds; amide-function compounds of carbonic acids were imported into Japan; with a decrease of -21.8% compared with the previous year's figure. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, imports attained the peak of 45K tons, and then reduced dramatically in the following year.

In value terms, imports of carboxyamide-function compounds; amide-function compounds of carbonic acids contracted to $321M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $366M, and then fell in the following year.

Import of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1111041771449.1%
India33.121.822.727.4-6.1%
Germany12.513.717.419.616.2%
United States14.021.914.115.33.0%
South Korea16.015.718.911.7-9.9%
Saudi Arabia4.03.44.36.316.3%
Others11395.211297.0-5.0%
Total3042763663211.8%

Top Suppliers of Carboxyamide-Function Compounds; Amide-Function Compounds of Carbonic Acid to Japan in 2022:

  1. China (27.0K tons)
  2. Germany (1.5K tons)
  3. India (1.3K tons)
  4. United States (1.2K tons)
  5. South Korea (1.2K tons)
  6. Saudi Arabia (0.5K tons)

Source: IndexBox Market Intelligence Platform

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