Japan - Unvulcanized Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingJapan's October 2023 Rubber Export Surges Slightly to $31M
Japan Unvulcanized Rubber Exports
In October 2023, unvulcanized rubber exports from Japan fell to 4.2K tons, declining by -9.1% on September 2023 figures. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 with an increase of 35% m-o-m.
In value terms, unvulcanized rubber exports amounted to $31M (IndexBox estimates) in October 2023. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 with an increase of 44% m-o-m.
| COUNTRY | Export Value of Unvulcanized Rubber in Japan (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
| China | 10.1 | 10.1 | 11.4 | 2.9 | 6.5 | 8.0 | 5.4 | 5.5 | 8.3 | 8.5 | 7.4 | 6.2 | 8.6 |
| United States | 3.4 | 4.3 | 4.3 | 2.5 | 3.6 | 3.9 | 3.4 | 2.5 | 4.2 | 4.4 | 3.9 | 3.6 | 4.2 |
| Germany | 2.2 | 2.1 | 4.1 | 2.5 | 3.6 | 3.4 | 3.2 | 3.7 | 4.1 | 5.1 | 3.5 | 3.6 | 4.1 |
| Vietnam | 3.3 | 2.6 | 3.2 | 2.6 | 3.1 | 3.5 | 3.0 | 3.0 | 3.1 | 3.5 | 2.9 | 3.6 | 3.1 |
| Philippines | 1.2 | 1.3 | 1.4 | 1.0 | 1.4 | 1.6 | 1.0 | 1.3 | 1.1 | 1.2 | 1.3 | 1.3 | 1.7 |
| Thailand | 2.8 | 1.8 | 3.5 | 3.3 | 4.2 | 2.5 | 2.3 | 1.9 | 2.7 | 2.7 | 2.6 | 3.3 | 1.5 |
| Mexico | 1.6 | 1.1 | 1.5 | 1.0 | 1.0 | 0.6 | 0.9 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 1.0 |
| Others | 7.3 | 6.8 | 8.8 | 5.2 | 7.0 | 7.9 | 7.5 | 5.3 | 6.1 | 7.0 | 5.9 | 7.2 | 6.4 |
| Total | 32.0 | 30.1 | 38.3 | 21.0 | 30.3 | 31.3 | 26.6 | 23.8 | 30.2 | 32.8 | 28.0 | 29.5 | 30.6 |
Exports by Country
China (1.1K tons), the United States (945 tons) and Vietnam (394 tons) were the main destinations of unvulcanized rubber exports from Japan, with a combined 58% share of total exports. Germany, the Philippines, Thailand and Mexico lagged somewhat behind, together accounting for a further 23%.
From October 2022 to October 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +6.7%), while the other leaders experienced more modest paces of growth.
In value terms, China ($8.6M) remains the key foreign market for unvulcanized rubber exports from Japan, comprising 28% of total exports. The second position in the ranking was held by the United States ($4.2M), with a 14% share of total exports. It was followed by Germany, with a 13% share.
From October 2022 to October 2023, the average monthly growth rate of value to China totaled -1.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (+1.7% per month) and Germany (+5.1% per month).
Exports by Type
Compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip (3.5K tons) was the largest type of unvulcanized rubber exported from Japan, accounting for a 82% share of total exports. Moreover, compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip exceeded the volume of the second product type, plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber (745 tons), fivefold. The third position in this ranking was held by rubber (1.5 tons), with less than 0.1% share.
From October 2022 to October 2023, the average monthly rate of growth in terms of the volume of export of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber (-1.6% per month) and rubber (-9.7% per month).
In value terms, the most traded types of unvulcanized rubber and articles thereof in Japan were compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip ($18M), plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber ($12M) and rubber ($72K), with a combined 100% share of total exports.
Plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber, with a CAGR of -0.2%, recorded the highest rates of growth with regard to the value of exports, among the main product categories over the period under review, while shipments for the other products experienced a decline.
Export Prices by Country
In October 2023, the unvulcanized rubber price amounted to $7,228 per ton (FOB, Japan), surging by 14% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $8,146 per ton in December 2022; however, from January 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Germany ($12,595 per ton), while the average price for exports to Indonesia ($3,954 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the unvulcanized rubber 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised
- Prodcom 22192019 - Other compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
- Prodcom 22192030 - Forms and articles of unvulcanised rubber (including rods, t ubes, profile shapes, discs and rings) (excluding camel-back, s trips for retreading tyres)
- Prodcom 22192050 - Vulcanised rubber thread and cord
- Prodcom 22192070 - Plates, sheets and strip of vulcanised rubber
- Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
- Prodcom 22192085 - Plates, sheets, strips for floor covering of solid vulcanised rubber
- Prodcom 22192087 - Extruded solid rubber rods and profiles
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:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
