Japan - Carbides - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Carbides - Market Analysis, Forecast, Size, Trends And Insights

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Carbides Price in Japan - 2023

Contents:

  1. Carbides Price in Japan (CIF) - 2022
  2. Carbides Price in Japan (FOB) - 2023
  3. Carbides Imports in Japan
  4. Carbides Exports in Japan

Carbides Price in Japan (CIF) - 2022

In 2022, the average carbides import price amounted to $4,490 per ton, with an increase of 33% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 42%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,056 per ton), while the price for Vietnam stood at $1,284 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%).

Carbides Price in Japan (FOB) - 2023

The average carbides export price stood at $4,992 per ton in September 2023, shrinking by -24.8% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in May 2023 an increase of 33% m-o-m. The export price peaked at $6,633 per ton in August 2023, and then dropped remarkably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($21,617 per ton), while the average price for exports to Mexico ($2,693 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Carbides Imports in Japan

In 2022, carbides imports into Japan reduced to 70K tons, declining by -10.5% against the previous year's figure. In general, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. As a result, imports attained the peak of 79K tons, and then fell in the following year.

In value terms, carbides imports soared to $316M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Carbides in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1961322122488.2%
Vietnam4.94.25.37.716.3%
Others62.136.547.761.0-0.6%
Total2631732653166.3%

Top Suppliers of Carbides to Japan in 2022:

  1. China (61.1K tons)
  2. Vietnam (6.0K tons)

Carbides Exports in Japan

In 2022, approx. 10K tons of carbides were exported from Japan; waning by -9.8% against the previous year's figure. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 77%. As a result, the exports attained the peak of 11K tons, and then shrank in the following year.

In value terms, carbides exports contracted modestly to $50M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52%. As a result, the exports reached the peak of $51M, and then fell in the following year.

Export of Carbides in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.63.16.710.040.6%
Hungary5.54.713.58.515.6%
United States6.85.98.78.57.7%
South Korea5.04.54.86.69.7%
Taiwan (Chinese)1.13.04.03.547.1%
Mexico3.92.43.43.3-5.4%
Germany4.63.61.61.8-26.9%
Malaysia1.51.22.01.62.2%
Poland1.00.30.41.514.5%
Thailand0.80.71.11.111.2%
Indonesia0.90.70.91.03.6%
Italy0.91.10.90.90.0%
Others2.22.32.92.1-1.5%
Total37.833.451.050.410.1%

Top Export Markets for Carbides from Japan in 2022:

  1. Hungary (3640.0 tons)
  2. Mexico (1660.0 tons)
  3. South Korea (1189.0 tons)
  4. United States (1076.2 tons)
  5. Taiwan (Chinese) (601.2 tons)
  6. China (540.9 tons)
  7. Poland (537.0 tons)
  8. Malaysia (285.6 tons)
  9. Thailand (209.0 tons)
  10. Indonesia (167.3 tons)
  11. Italy (151.2 tons)
  12. Germany (93.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carbides 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 20136450 - Carbides whether or not chemically defined

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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