Japan: Ethylene Dichloride Market 2024

Ethylene Dichloride Market Size in Japan

The Japanese ethylene dichloride market contracted remarkably to $X in 2022, declining by X% against the previous year. In general, consumption recorded a pronounced downturn. Ethylene dichloride consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Ethylene Dichloride Production in Japan

In value terms, ethylene dichloride production totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with a decrease of X%. Over the period under review, production hit record highs in 2022 and is likely to continue growth in years to come.

Ethylene Dichloride Exports

Exports from Japan

In 2022, approx. X tons of X-dichloroethane (ethylene dichloride) were exported from Japan; jumping by X% on 2021 figures. In general, exports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ethylene dichloride exports surged to $X in 2022. Overall, exports saw a mild increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Thailand (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main destinations of ethylene dichloride exports from Japan.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for ethylene dichloride exported from Japan were Thailand ($X), South Korea ($X) and Taiwan (Chinese) ($X).

Among the main countries of destination, Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average ethylene dichloride export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Taiwan (Chinese) ($X 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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene Dichloride Imports

Imports into Japan

In 2022, approx. X tons of X-dichloroethane (ethylene dichloride) were imported into Japan; with a decrease of X% on the previous year. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, ethylene dichloride imports shrank remarkably to $X in 2022. Overall, imports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X tons) constituted the largest ethylene dichloride supplier to Japan, accounting for a X% share of total imports. Moreover, ethylene dichloride imports from South Korea exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fourfold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and the United States (X% per year).

In value terms, South Korea ($X) constituted the largest supplier of X-dichloroethane (ethylene dichloride) to Japan, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value from South Korea stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the average ethylene dichloride import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price showed a buoyant increase. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and China ($X per ton), while the price for South Korea ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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