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Japan - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Japan - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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May 25, 2023

Polycarboxylic Acid Price in Japan Rises Slightly to $2,084 per Ton

Japan Polycarboxylic Acid Import Price in February 2023

In February 2023, the polycarboxylic acid price stood at $2,084 per ton (CIF, Japan), increasing by 1.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 27% against the previous month. Over the period under review, average import prices attained the maximum at $2,331 per ton in May 2022; however, from June 2022 to February 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was the United States ($3,993 per ton), while the price for Indonesia ($847 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Thailand (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Polycarboxylic Acid in Japan (USD per ton)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
United States2,9692,8442,4563,7602,8554,2542,9793,0494,0923,4442,6903,2773,993
Germany3,2632,3413,7703,8663,1671,7762,9873,0622,9463,0842,2062,5022,911
China3,7973,9383,5513,4122,9183,3173,2252,9023,3862,7832,6462,8182,387
Taiwan (Chinese)1,7782,0312,1682,3891,8831,9512,1801,6411,7941,7911,7201,8261,565
Malaysia1,9781,8652,2652,2962,4772,5551,9891,7601,6481,5921,8332,1871,542
Thailand9219959441,3071,0411,0861,0629919628741,2251,1391,374
South Korea1,4811,5161,5531,4811,5301,4971,3061,4331,4591,3341,3221,1631,226
Indonesia7328178789819881,022992879866903850807847
Average1,9471,9582,1712,3312,0402,1111,9041,7532,2301,9802,0222,0482,084

Japan Polycarboxylic Acid Imports

In February 2023, the amount of polycarboxylic acids imported into Japan dropped sharply to 16K tons, waning by -19.1% on the month before. Overall, imports saw a noticeable reduction. The pace of growth was the most pronounced in July 2022 with an increase of 23% month-to-month. As a result, imports reached the peak of 29K tons. From August 2022 to February 2023, the growth of imports remained at a lower figure.

In value terms, polycarboxylic acid imports contracted sharply to $33M (IndexBox estimates) in February 2023. Over the period under review, imports recorded a pronounced setback. The pace of growth appeared the most rapid in July 2022 when imports increased by 28% m-o-m. As a result, imports attained the peak of $62M. From August 2022 to February 2023, the growth of imports failed to regain momentum.

Japan Polycarboxylic Acid Imports by Country

China (4.8K tons), South Korea (3.9K tons) and the United States (2K tons) were the main suppliers of polycarboxylic acid imports to Japan, together comprising 68% of total imports.

From February 2022 to February 2023, the biggest increases were in China (with a CAGR of +4.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($12M), the United States ($7.9M) and South Korea ($4.8M) constituted the largest polycarboxylic acid suppliers to Japan, together accounting for 74% of total imports.

China, with a CAGR of +0.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polycarboxylic acid 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 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
  • Prodcom 20143385 - Adipic acid, its salts and esters
  • Prodcom 20143387 - Maleic anhydride
  • Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
  • Prodcom 20143420 - Other esters of orthophthalic acid
  • Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
  • Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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