Japan: Aniline Derivatives Market 2024

Aniline Derivatives Market Size in Japan

The Japanese aniline derivatives market surged to $X in 2021, growing by 20% against the previous year. Overall, consumption, however, recorded a perceptible shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Aniline Derivatives Production in Japan

In value terms, aniline derivatives production expanded notably to $X in 2021 estimated in export price. In general, production, however, saw a deep contraction. The growth pace was the most rapid in 2018 with an increase of 65% against the previous year. Aniline derivatives production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Aniline Derivatives Exports

Exports from Japan

In 2021, aniline derivatives exports from Japan rose notably to X tons, increasing by 13% on 2020. Overall, total exports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +48.1% against 2017 indices. The pace of growth appeared the most rapid in 2014 with an increase of 48% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, aniline derivatives exports expanded notably to $X in 2021. In general, exports posted buoyant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 91% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Ireland (X tons), Taiwan (Chinese) (X tons) and the UK (X tons) were the main destinations of aniline derivatives exports from Japan, together comprising 55% 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 the UK (with a CAGR of +204.4%), while the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) remains the key foreign market for aniline derivatives and their salts exports from Japan, comprising 81% of total exports. The second position in the ranking was held by the United States ($X), with a 6.4% share of total exports. It was followed by the UK, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ireland totaled +88.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-1.5% per year) and the UK (+143.0% per year).

Export Prices by Country

In 2021, the average aniline derivatives export price amounted to $X per ton, waning by -4.2% against the previous year. Over the period under review, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 58%. As a result, the export price reached the peak level of $X per ton, and then fell modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Thailand ($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 Germany (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Aniline Derivatives Imports

Imports into Japan

Aniline derivatives imports into Japan amounted to X tons in 2021, increasing by 2.2% on 2020. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 39%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, aniline derivatives imports surged to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 35% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons) and China (X tons) were the main suppliers of aniline derivatives imports to Japan.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +3.3%).

In value terms, India ($X) and China ($X) constituted the largest aniline derivatives suppliers to Japan.

Among the main suppliers, India, with a CAGR of +2.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the average aniline derivatives import price amounted to $X per ton, growing by 15% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 20%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.1%).

Source: IndexBox Platform

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