Japan: Methylamine Market 2024

Methylamine Market Size in Japan

In 2022, the Japanese methylamine market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption continues to indicate a abrupt slump. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Methylamine Production in Japan

In value terms, methylamine production amounted to $X in 2022 estimated in export price. Overall, production showed a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Methylamine Exports

Exports from Japan

In 2022, approx. X tons of methylamine, di- or trimethylamine and their salts were exported from Japan; waning by X% on 2021 figures. Over the period under review, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, methylamine exports reduced slightly to $X in 2022. In general, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at $X in 2021, and then declined slightly in the following year.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for methylamine exports from Japan, with a X% share of total exports. Moreover, methylamine exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, South Korea (X tons), fourfold. The Philippines (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for methylamine, di- or trimethylamine and their salts exports from Japan, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by India, with an X% share.

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

Export Prices by Country

The average methylamine export price stood at $X per ton in 2022, flattening at the previous year. Over the period under review, export price indicated a temperate expansion 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, methylamine export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 South Korea (X%), while the prices for the other major destinations experienced mixed trend patterns.

Methylamine Imports

Imports into Japan

After two years of growth, overseas purchases of methylamine, di- or trimethylamine and their salts decreased by X% to X tons in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then declined markedly in the following year.

In value terms, methylamine imports dropped notably to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

South Korea (X tons), India (X tons) and China (X tons) were the main suppliers of methylamine imports to Japan, with a combined X% share of total imports.

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

In value terms, South Korea ($X), India ($X) and China ($X) constituted the largest methylamine suppliers to Japan, together comprising X% of total imports. The United States, Turkey and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average methylamine import price stood at $X per ton in 2022, rising 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 2018 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :