Price for Salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate in Japan - 2023

Contents:

1. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Japan (CIF) - 2023
2. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Japan (FOB) - 2022
3. Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Japan
4. Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Japan

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Japan (CIF) - 2023

In November 2023, the average import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate amounted to $3,137 per ton, waning by -2.3% against the previous month. In general, the import price showed a slight decrease. The most prominent rate of growth was recorded in August 2023 an increase of 3.9% month-to-month. Over the period under review, average import prices reached the maximum at $3,615 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -0.7% per month.

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Japan (FOB) - 2022

The average export price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate stood at $16,166 per ton in 2022, increasing by 2.2% against the previous year. Overall, the export price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2016 an increase of 72%. The export price peaked at $21,891 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 ($33,040 per ton), while the average price for exports to South Korea ($7,402 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 South Korea (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Japan

In 2022, after three years of growth, there was significant decline in supplies from abroad of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate, when their volume decreased by -15% to 825 tons. In general, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of 3.3%.

In value terms, imports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate declined slightly to $2.8M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 15%. As a result, imports attained the peak of $2.9M, and then contracted slightly in the following year.

Top Suppliers of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate to Japan in 2022:

1. China (714.0 tons)
2. India (108.0 tons)

Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Japan

After three years of growth, shipments abroad of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate decreased by -17.1% to 21 tons in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 115%.

In value terms, exports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate dropped remarkably to $334K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, the exports reached the peak of $395K, and then shrank markedly in the following year.

Top Export Markets for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate from Japan in 2022:

1. Philippines (6.5 tons)
2. United States (6.0 tons)
3. Taiwan (Chinese) (5.1 tons)
4. Malaysia (2.5 tons)
5. South Korea (0.6 tons)

Source: IndexBox Market Intelligence Platform