Japan: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Japan

In 2021, the Japanese oxygen-function amino-compound market decreased by -0.8% to $X, falling for the third year in a row after five years of growth. In general, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.4% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Oxygen-Function Amino-Compound Production in Japan

In value terms, oxygen-function amino-compound production rose notably to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.8% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 23% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Oxygen-Function Amino-Compound Exports

Exports from Japan

In 2021, exports of oxygen-function amino-compounds from Japan skyrocketed to X tons, picking up by 20% compared with 2020. In general, exports, however, recorded a mild reduction. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound exports expanded markedly to $X in 2021. Overall, exports, however, saw a mild reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons), South Korea (X tons) and China (X tons) were the main destinations of oxygen-function amino-compound exports from Japan, together accounting for 50% of total exports. Taiwan (Chinese), Germany, the UK, Vietnam, India, Ireland, Thailand, Malaysia, the Netherlands and Singapore lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +50.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), South Korea ($X) and China ($X) were the largest markets for oxygen-function amino-compound exported from Japan worldwide, together accounting for 47% of total exports. These countries were followed by Germany, Taiwan (Chinese), Ireland, the Netherlands, India, the UK, Vietnam, Thailand, Malaysia and Singapore, which together accounted for a further 39%.

Among the main countries of destination, Ireland, with a CAGR of +26.4%, 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 oxygen-function amino-compound export price stood at $X per ton in 2021, shrinking by -5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 34%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Japan

In 2021, approx. X tons of oxygen-function amino-compounds were imported into Japan; waning by -14.2% compared with the previous year's figure. Over the period under review, total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +7.0% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 42% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, oxygen-function amino-compound imports declined significantly to $X in 2021. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 66%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest oxygen-function amino-compound supplier to Japan, with a 45% share of total imports. Moreover, oxygen-function amino-compound imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Saudi Arabia (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.4% per year) and Saudi Arabia (+188.6% per year).

In value terms, China ($X), Singapore ($X) and the United States ($X) were the largest oxygen-function amino-compound suppliers to Japan, with a combined 69% share of total imports. These countries were followed by Switzerland, Germany, Saudi Arabia, Taiwan (Chinese) and Malaysia, which together accounted for a further 14%.

Among the main suppliers, Saudi Arabia, with a CAGR of +192.3%, 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 oxygen-function amino-compound import price stood at $X per ton in 2021, shrinking by -27.8% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 33%. As a result, import price reached the peak level of $X per ton, and then declined dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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