Japan: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in Japan

The Japanese phosphorus, arsenic and selenium market skyrocketed to $X in 2021, picking up by 26% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Phosphorus, Arsenic And Selenium

Exports from Japan

In 2021, exports of phosphorus, arsenic and selenium from Japan declined to X tons, waning by -3.1% on 2020. Over the period under review, total exports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +17.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 96% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020, and then declined modestly in the following year.

In value terms, phosphorus, arsenic and selenium exports surged to $X in 2021. In general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 75% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), China (X tons) and Hong Kong SAR (X tons) were the main destinations of phosphorus, arsenic and selenium exports from Japan, with a combined 61% share of total exports. These countries were followed by the Netherlands, Belgium, Spain, the Philippines, the UK, South Korea, the United States and Canada, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +73.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for phosphorus, arsenic and selenium exported from Japan were China ($X), India ($X) and the United States ($X), with a combined 57% share of total exports. Hong Kong SAR, Belgium, the UK, the Netherlands, Spain, South Korea, the Philippines and Canada lagged somewhat behind, together accounting for a further 23%.

Spain, with a CAGR of +65.1%, recorded the highest growth rate of the value of exports, in terms of 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 2021, the average phosphorus, arsenic and selenium export price amounted to $X per ton, jumping by 31% against the previous year. Overall, the export price, however, saw a deep downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($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 Spain (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Phosphorus, Arsenic And Selenium

Imports into Japan

Phosphorus, arsenic and selenium imports into Japan reached X tons in 2021, growing by 14% against 2020. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, phosphorus, arsenic and selenium imports soared to $X in 2021. The total import value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Vietnam (X tons) was the main supplier of phosphorus, arsenic and selenium to Japan, with a 99% share of total imports. It was followed by China (X tons), with a 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Vietnam amounted to +6.9%.

In value terms, Vietnam ($X) constituted the largest supplier of phosphorus, arsenic and selenium to Japan, comprising 99% of total imports. The second position in the ranking was held by China ($X), with a 0.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Vietnam amounted to +7.6%.

Import Prices by Country

The average phosphorus, arsenic and selenium import price stood at $X per ton in 2021, rising by 14% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Vietnam stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :