Japan: Market for Cyanides, Cyanide Oxides And Complex Cyanides 2024

Market Size for Cyanides, Cyanide Oxides And Complex Cyanides in Japan

The Japanese cyanides and cyanide oxides market surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption enjoyed resilient growth. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Cyanides, Cyanide Oxides And Complex Cyanides in Japan

In value terms, cyanides and cyanide oxides production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild descent. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports from Japan

In 2022, approx. X tons of cyanides, cyanide oxides and complex cyanides were exported from Japan; declining by X% on 2021. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyanides and cyanide oxides exports contracted rapidly to $X in 2022. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for cyanides and cyanide oxides exports from Japan, accounting for a X% share of total exports. Moreover, cyanides and cyanide oxides exports to India exceeded the volume sent to the second major destination, Burkina Faso (X tons), twofold. The third position in this ranking was held by Ghana (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Ghana (X% per year).

In value terms, India ($X) emerged as the key foreign market for cyanides, cyanide oxides and complex cyanides exports from Japan, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with an X% share of total exports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and China (X% per year).

Export Prices by Country

The average cyanides and cyanide oxides export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Burkina Faso ($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 Suriname (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports into Japan

Cyanides and cyanide oxides imports into Japan contracted to X tons in 2022, shrinking by X% compared with the year before. Overall, imports, however, recorded a measured increase. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cyanides and cyanide oxides imports declined to $X in 2022. In general, imports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Korea (X tons) and China (X tons) were the main suppliers of cyanides and cyanide oxides imports to Japan.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%).

In value terms, China ($X) and South Korea ($X) were the largest cyanides and cyanide oxides suppliers to Japan.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average cyanides and cyanide oxides import price stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyanides and cyanide oxides import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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