Japan - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEpoxide resin Price in Japan - 2023
Contents:
- Price Forecast for Epoxide Resins in Primary Forms in Japan till 2025
- Epoxide resin Price in Japan (FOB) - 2023
- Epoxide resin Price in Japan (CIF) - 2023
- Japan Epoxide resin Exports
- Japan Epoxide resin Imports
Price Forecast for Epoxide Resins in Primary Forms in Japan till 2025
Epoxide resin Price in Japan (FOB) - 2023
In February 2023, the average epoxide resin export price amounted to $11.4 per kg, reducing by -6.3% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 10% m-o-m. The export price peaked at $12.7 per kg in February 2022; however, from March 2022 to February 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In February 2023, the country with the highest price was South Korea ($22.4 per kg), while the average price for exports to India ($4,434 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Epoxide resin Price in Japan (CIF) - 2023
In February 2023, the average epoxide resin import price amounted to $3,993 per ton, reducing by -2.7% against the previous month. In general, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 13% m-o-m. The import price peaked at $5,492 per ton in February 2022; however, from March 2022 to February 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Israel ($14.9 per kg), while the price for Taiwan (Chinese) ($2,388 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 Israel (+6.1%), while the prices for the other major suppliers experienced a decline.
Japan Epoxide resin Exports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Million USD | |||||
| China | 155 | 175 | 220 | 201 | 9.0% |
| Taiwan (Chinese) | 70.5 | 83.8 | 102 | 93.5 | 9.9% |
| South Korea | 50.6 | 49.9 | 53.7 | 49.0 | -1.1% |
| United States | 40.9 | 33.8 | 47.2 | 43.1 | 1.8% |
| Malaysia | 32.9 | 34.1 | 40.1 | 36.6 | 3.6% |
| Singapore | 18.5 | 19.8 | 25.7 | 23.5 | 8.3% |
| Hong Kong SAR | 28.6 | 22.9 | 21.6 | 21.9 | -8.5% |
| Thailand | 21.1 | 17.9 | 23.8 | 21.7 | 0.9% |
| Vietnam | 13.2 | 15.8 | 15.3 | 13.9 | 1.7% |
| Indonesia | 7.8 | 6.0 | 9.6 | 8.7 | 3.7% |
| India | 4.5 | 4.0 | 5.7 | 5.2 | 4.9% |
| Belgium | 6.1 | 5.2 | 2.6 | 4.2 | -11.7% |
| Others | 31.1 | 28.9 | 39.2 | 32.2 | 1.2% |
| Total | 481 | 497 | 607 | 555 | 4.9% |
Top Export Markets for Epoxide resins in primary forms from Japan 2022:
- China (17.8K tons)
- United States (5.3K tons)
- Taiwan (Chinese) (4.8K tons)
- Malaysia (3.1K tons)
- Thailand (2.6K tons)
- South Korea (2.3K tons)
- Hong Kong SAR (1.8K tons)
- Indonesia (1.6K tons)
- Singapore (1.2K tons)
- Vietnam (1.1K tons)
- India (1.0K tons)
- Belgium (0.7K tons)
In 2022, approx. 47K tons of epoxide resins were exported from Japan; with a decrease of -5.3% compared with the year before. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. As a result, the exports reached the peak of 50K tons, and then contracted in the following year.
In value terms, epoxide resin exports shrank to $555M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports reached the peak of $607M, and then dropped in the following year.
Japan Epoxide resin Imports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Million USD | |||||
| Taiwan (Chinese) | 45.7 | 39.9 | 70.9 | 63.0 | 11.3% |
| South Korea | 44.3 | 37.6 | 58.1 | 51.7 | 5.3% |
| Malaysia | 28.6 | 27.3 | 31.3 | 27.8 | -0.9% |
| United States | 21.3 | 18.1 | 14.8 | 15.8 | -9.5% |
| China | 11.2 | 8.9 | 17.3 | 15.4 | 11.2% |
| Thailand | 5.4 | 4.7 | 7.4 | 6.6 | 6.9% |
| Others | 12.8 | 12.6 | 13.6 | 11.8 | -2.7% |
| Total | 169 | 149 | 213 | 192 | 4.3% |
Top Suppliers of Epoxide resins in primary forms to Japan 2022:
- Taiwan (Chinese) (14.9K tons)
- South Korea (12.4K tons)
- United States (4.1K tons)
- China (2.9K tons)
- Malaysia (2.4K tons)
- Thailand (1.5K tons)
In 2022, the amount of epoxide resins imported into Japan fell to 40K tons, with a decrease of -8.6% on 2021. Overall, imports saw a abrupt slump. The smallest decline of -1.3% was in 2021. Over the period under review, imports reached the maximum at 50K tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, epoxide resin imports shrank to $192M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. As a result, imports attained the peak of $213M, and then dropped in the following year.
This report provides an in-depth analysis of the epoxide resin 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 20164030 - Epoxide resins, in primary forms
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
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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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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