Japan: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Japan

The Japanese acid and mordant dye market reduced to $X in 2021, with a decrease of -5.1% against the previous year. In general, consumption, however, saw a deep downturn. Acid and mordant dye consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Japan

In value terms, acid and mordant dye production shrank to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by 21%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Japan

In 2021, overseas shipments of acid and mordant dyes and preparations based thereon were finally on the rise to reach X tons after two years of decline. In general, total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -25.8% against 2018 indices. The pace of growth was the most pronounced in 2017 when exports increased by 24% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, acid and mordant dye exports rose slightly to $X in 2021. Overall, total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -14.2% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 24% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Hong Kong SAR (X tons) and the UK (X tons) were the main destinations of acid and mordant dye exports from Japan, with a combined 51% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +66.2%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), China ($X) and Singapore ($X) were the largest markets for acid and mordant dye exported from Japan worldwide, with a combined 44% share of total exports. These countries were followed by Vietnam, South Korea, the UK, Italy, Taiwan (Chinese), Malaysia, Indonesia, the United States, the Netherlands and Mexico, which together accounted for a further 47%.

Italy, with a CAGR of +51.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average acid and mordant dye export price stood at $X per ton in 2021, with a decrease of -15.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 29% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Japan

In 2021, after two years of decline, there was significant growth in supplies from abroad of acid and mordant dyes and preparations based thereon, when their volume increased by 16% to X tons. Over the period under review, imports, however, saw a abrupt slump. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, acid and mordant dye imports totaled $X in 2021. Overall, imports, however, showed a perceptible decrease. The growth pace was the most rapid in 2014 when imports increased by 20% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of acid and mordant dye imports to Japan, together accounting for 80% of total imports. Thailand, Indonesia and South Korea lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +1.3%), while purchases for the other leaders experienced a decline.

In value terms, India ($X), China ($X) and Taiwan (Chinese) ($X) were the largest acid and mordant dye suppliers to Japan, together comprising 74% of total imports. Thailand, Indonesia and South Korea lagged somewhat behind, together accounting for a further 16%.

Among the main suppliers, South Korea, with a CAGR of +1.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average acid and mordant dye import price stood at $X per ton in 2021, reducing by -5.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2014 when the average import price increased by 24%. The import price peaked at $X per ton in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, among the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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