Japan: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Japan

The Japanese market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function expanded remarkably to $X in 2022, surging by 9% against the previous year. In general, consumption, however, continues to indicate a slight decrease. Butanal butanal and acyclic aldehydes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Japan

In value terms, butanal butanal and acyclic aldehydes production reduced to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 18%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Japan

For the third consecutive year, Japan recorded decline in overseas shipments of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function, which decreased by -14.9% to X tons in 2022. Over the period under review, total exports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -25.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 35%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, butanal butanal and acyclic aldehydes exports expanded slightly to $X in 2022. The total export value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 24% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons), India (X tons) and Spain (X tons) were the main destinations of butanal butanal and acyclic aldehydes exports from Japan, with a combined 59% share of total exports. The United States, Belgium, France, the Netherlands, Singapore, Switzerland, Germany and South Korea lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +49.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and the United States ($X) appeared to be the largest markets for butanal butanal and acyclic aldehydes exported from Japan worldwide, with a combined 56% share of total exports. Spain, the Netherlands, Belgium, France, Singapore, Switzerland, Germany and South Korea lagged somewhat behind, together accounting for a further 36%.

Among the main countries of destination, France, with a CAGR of +32.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, increasing by 20% against the previous year. Over the period under review, the export price, however, recorded a mild setback. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to South Korea ($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 the United States (+0.2%), while the prices for the other major destinations experienced a decline.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Japan

In 2022, imports of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function into Japan reached X tons, flattening at the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 38% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, butanal butanal and acyclic aldehydes imports totaled $X in 2022. Over the period under review, imports, however, showed a slight decline. The pace of growth appeared the most rapid in 2017 when imports increased by 21%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of butanal butanal and acyclic aldehydes imports to Japan, together accounting for 79% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +8.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and China ($X) were the largest butanal butanal and acyclic aldehydes suppliers to Japan, together accounting for 76% of total imports. Sweden, France, Malaysia and India lagged somewhat behind, together accounting for a further 18%.

Sweden, with a CAGR of +9.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 14% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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