Japan: Market for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine 2024

Market Size for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in Japan

In 2022, the Japanese market for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine decreased by -8.4% to $X, falling for the second consecutive year after three years of growth. In general, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -12.7% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in Japan

In value terms, production of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine reached $X in 2022 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 -3.0% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by 53%. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Exports from Japan

After three years of decline, shipments abroad of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine increased by 68% to X tons in 2022. Over the period under review, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 261%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine surged to $X in 2022. In general, exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2018 when exports increased by 221% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

China (X tons), Belgium (X tons) and Australia (X tons) were the main destinations of exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine from Japan, together comprising 72% of total exports. Jordan, Hungary, Uzbekistan and the United States lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +247.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine exported from Japan were China ($X), Belgium ($X) and Australia ($X), together accounting for 60% of total exports. The United States, Jordan, Hungary and Uzbekistan lagged somewhat behind, together accounting for a further 18%.

Among the main countries of destination, Hungary, with a CAGR of +191.1%, recorded the highest rates of growth with regard to 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

In 2022, the average export price for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine amounted to $X per ton, reducing by -19.6% against the previous year. Overall, the export price showed a deep slump. The growth pace was the most rapid in 2021 when the average export price increased by 17%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 Uzbekistan (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Imports into Japan

In 2022, purchases abroad of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine decreased by -1.8% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2013 indices. The most prominent rate of growth was recorded in 2020 with an increase of 13%. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine fell to $X in 2022. The total import value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when imports increased by 39%. Imports peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

China (X tons), Singapore (X tons) and Malaysia (X tons) were the main suppliers of imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine to Japan, together comprising 79% of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +675.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine to Japan, comprising 45% of total imports. The second position in the ranking was taken by Singapore ($X), with a 21% share of total imports. It was followed by Malaysia, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+51.4% per year) and Malaysia (+446.6% per year).

Import Prices by Country

The average import price for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2015 an increase of 30%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform