Japan: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Japan

The Japanese cyclanic, cyclenic hydrocarbons derivatives market soared to $X in 2022, rising by 161% against the previous year. Overall, consumption, however, recorded a deep downturn. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Japan

In value terms, cyclanic, cyclenic hydrocarbons derivatives production rose slightly to $X in 2022 estimated in export price. Overall, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.2% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 23% against the previous year. Cyclanic, cyclenic hydrocarbons derivatives production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from Japan

Cyclanic, cyclenic hydrocarbons derivatives exports from Japan declined to X tons in 2022, with a decrease of -5.2% compared with 2021. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports declined slightly to $X in 2022. In general, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.9% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 28% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined slightly in the following year.

Exports by Country

South Korea (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main destinations of cyclanic, cyclenic hydrocarbons derivatives exports from Japan, together comprising 84% of total exports. Germany, Singapore and the United States lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +8.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cyclanic, cyclenic hydrocarbons derivatives exported from Japan were South Korea ($X), China ($X) and Taiwan (Chinese) ($X), together comprising 86% of total exports. Singapore, the United States and Germany lagged somewhat behind, together comprising a further 13%.

Singapore, with a CAGR of +11.4%, 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

In 2022, the average cyclanic, cyclenic hydrocarbons derivatives export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 Germany (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into Japan

In 2022, approx. X tons of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons were imported into Japan; growing by 20% on 2021. In general, imports, however, showed a slight decline. The most prominent rate of growth was recorded in 2017 when imports increased by 103% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports surged to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 80% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of cyclanic, cyclenic hydrocarbons derivatives to Japan, with a 84% share of total imports. Moreover, cyclanic, cyclenic hydrocarbons derivatives imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fivefold. The third position in this ranking was held by Russia (X kg), with less than 0.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+209.6% per year) and Russia (-42.1% per year).

In value terms, China ($X) constituted the largest supplier of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons to Japan, comprising 73% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 25% share of total imports. It was followed by the United States, with a 0.1% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+173.2% per year) and the United States (-44.6% per year).

Import Prices by Country

In 2022, the average cyclanic, cyclenic hydrocarbons derivatives import price amounted to $X per ton, with a decrease of -3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2013 when the average import price increased by 30%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+33.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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