Japan: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Japan

The Japanese barium or aluminium sulphates market declined to $X in 2022, with a decrease of -7.9% against the previous year. Over the period under review, consumption showed a slight contraction. Barium or aluminium sulphates consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Sulphates Of Barium Or Aluminium in Japan

In value terms, barium or aluminium sulphates production dropped to $X in 2022 estimated in export price. In general, production recorded a slight slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 21%. Barium or aluminium sulphates production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from Japan

Barium or aluminium sulphates exports from Japan fell to X tons in 2022, reducing by -6.7% compared with 2021. Over the period under review, exports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 22%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, barium or aluminium sulphates exports shrank notably to $X in 2022. In general, exports showed a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 26%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for barium or aluminium sulphates exports from Japan, accounting for a 38% share of total exports. Moreover, barium or aluminium sulphates exports to China exceeded the volume sent to the second major destination, Thailand (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-1.8% per year) and the United States (-3.8% per year).

In value terms, China ($X) remains the key foreign market for sulphates of barium or aluminium exports from Japan, comprising 38% of total exports. The second position in the ranking was held by Thailand ($X), with a 15% share of total exports. It was followed by the United States, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-3.8% per year) and the United States (-4.4% per year).

Export Prices by Country

The average barium or aluminium sulphates export price stood at $X per ton in 2022, with a decrease of -10.1% against the previous year. In general, the export price saw a slight curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 9.7%. 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Vietnam ($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 (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports into Japan

In 2022, imports of sulphates of barium or aluminium into Japan shrank to X tons, with a decrease of -1.9% on 2021 figures. Overall, total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -39.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 79% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, barium or aluminium sulphates imports reached $X in 2022. Over the period under review, imports showed a slight contraction. The pace of growth was the most pronounced in 2013 with an increase of 35%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of barium or aluminium sulphates to Japan, with a 83% share of total imports. Moreover, barium or aluminium sulphates imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), eightfold. Italy (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+33.2% per year) and Italy (-2.5% per year).

In value terms, China ($X) constituted the largest supplier of sulphates of barium or aluminium to Japan, comprising 73% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Italy, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.8% per year) and Italy (+0.4% per year).

Import Prices by Country

The average barium or aluminium sulphates import price stood at $X per ton in 2022, with an increase of 5.6% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 19%. The import price peaked at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while the price for Taiwan (Chinese) ($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 (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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