Report Update Nov 1, 2024

Japan - Sulphuric Acid and Oleum - Market Analysis, Forecast, Size, Trends and Insights

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Japan: Sulphuric Acid Market 2024

Sulphuric Acid Market Size in Japan

The Japanese sulphuric acid market contracted markedly to $X in 2022, reducing by -24.4% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Sulphuric Acid Production in Japan

In value terms, sulphuric acid production expanded significantly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 22%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Sulphuric Acid Exports

Exports from Japan

In 2022, the amount of sulphuric acid and oleum exported from Japan soared to X tons, rising by 149% compared with the previous year. In general, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2021 with an increase of 156%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, sulphuric acid exports soared to $X in 2022. Overall, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 165% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

India (X tons), Thailand (X tons) and Chile (X tons) were the main destinations of sulphuric acid exports from Japan, together comprising 72% of total exports. The Philippines, the United States, Taiwan (Chinese), Australia and China lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +50.4%), while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Chile ($X) and India ($X) constituted the largest markets for sulphuric acid exported from Japan worldwide, with a combined 72% share of total exports. Thailand, the United States, Taiwan (Chinese), Australia and China lagged somewhat behind, together accounting for a further 20%.

The United States, with a CAGR of +36.4%, saw 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 2022, the average sulphuric acid export price amounted to $X per ton, with an increase of 4.4% against the previous year. In general, the export price, however, saw a deep reduction. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to India ($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 Mexico (+10.5%), while the prices for the other major destinations experienced a decline.

Sulphuric Acid Imports

Imports into Japan

In 2022, approx. X tons of sulphuric acid and oleum were imported into Japan; increasing by 58% on 2021. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 334% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, sulphuric acid imports surged to $X in 2022. In general, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 195%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Taiwan (Chinese) (X tons) was the main sulphuric acid supplier to Japan, with a 96% share of total imports. Moreover, sulphuric acid imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Taiwan (Chinese) amounted to +18.0%.

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of sulphuric acid and oleum to Japan, comprising 88% of total imports. The second position in the ranking was held by China ($X), with a 6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) stood at +19.8%.

Import Prices by Country

The average sulphuric acid import price stood at $X per ton in 2022, reducing by -4.2% against the previous year. Overall, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of 46% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($X per ton), while the price for Taiwan (Chinese) amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphuric acid and oleum in the world?

China constituted the country with the largest volume of sulphuric acid consumption, accounting for 25% of total volume. Moreover, sulphuric acid consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Russia, with a 9.3% share.

What are the largest producers of sulphuric acid and oleum in the world?

China remains the largest sulphuric acid producing country worldwide, comprising approx. 27% of total volume. Moreover, sulphuric acid production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The third position in this ranking was occupied by the United States, with a 9.9% share.

What are the leading suppliers of sulphuric acid and oleum to Japan?

In value terms, Taiwan Chinese) constituted the largest supplier of sulphuric acid to Japan, comprising 96% of total imports. The second position in the ranking was occupied by Germany, with a 0.4% share of total imports.

What are the leading importers of sulphuric acid and oleum from Japan?

In value terms, the largest markets for sulphuric acid exported from Japan were the Philippines, India and Chile, together accounting for 71% of total exports. These countries were followed by Thailand, Taiwan Chinese), Australia and Mexico, which together accounted for a further 20%.

What is the average export price for sulphuric acid and oleum in Japan?

In 2021, the average sulphuric acid export price amounted to $51 per ton, which is down by -13.1% against the previous year.

What is the average import price for sulphuric acid and oleum in Japan?

The average sulphuric acid import price stood at $644 per ton in 2021, surging by 22% against the previous year.

This report provides an in-depth analysis of the sulphuric acid market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20132434 - Sulphuric acid, oleum

Country coverage:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023