Japan: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in Japan

The Japanese ammonia in aqueous solution market reduced modestly to $X in 2022, leveling off at the previous year. In general, consumption saw prominent growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Ammonia In Aqueous Solution in Japan

In value terms, ammonia in aqueous solution production declined modestly to $X in 2022 estimated in export price. Overall, production showed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Ammonia In Aqueous Solution

Exports from Japan

Ammonia in aqueous solution exports from Japan was estimated at X tons in 2022, picking up by X% compared with the year before. Over the period under review, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, ammonia in aqueous solution exports dropped slightly to $X in 2022. Overall, exports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for ammonia in aqueous solution exports from Japan, with a X% share of total exports. Moreover, ammonia in aqueous solution exports to China exceeded the volume sent to the second major destination, the United States (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) remains the key foreign market for ammonia in aqueous solution exports from Japan, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2022, the average ammonia in aqueous solution export price amounted to $X per ton, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

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

Imports of Ammonia In Aqueous Solution

Imports into Japan

In 2022, the amount of ammonia in aqueous solution imported into Japan surged to X tons, jumping by X% compared with 2021. Over the period under review, imports saw a significant increase. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, ammonia in aqueous solution imports surged to $X in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X tons) was the main ammonia in aqueous solution supplier to Japan, accounting for a X% share of total imports. It was followed by Germany (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea amounted to X.7%.

In value terms, South Korea ($X) constituted the largest supplier of ammonia in aqueous solution to Japan, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from South Korea totaled X.2%.

Import Prices by Country

The average ammonia in aqueous solution import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 an increase of X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for South Korea totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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