Japan - Concrete Reinforcing Bars - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingConcrete Reinforcing Bar Price in Japan - 2023
Contents:
- Concrete Reinforcing Bar Price in Japan (FOB) - 2023
- Concrete Reinforcing Bar Price in Japan (CIF) - 2023
- Concrete Reinforcing Bar Exports in Japan
- Concrete Reinforcing Bar Imports in Japan
Concrete Reinforcing Bar Price in Japan (FOB) - 2023
In July 2023, the average concrete reinforcing bar export price amounted to $813 per ton, falling by -5.3% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices attained the maximum at $895 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Indonesia ($1,178 per ton), while the average price for exports to South Korea ($535 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Concrete Reinforcing Bar Price in Japan (CIF) - 2023
In July 2023, the average concrete reinforcing bar import price amounted to $748 per ton, with a decrease of -15.9% against the previous month. In general, the import price showed a pronounced decline. The pace of growth appeared the most rapid in September 2022 an increase of 25% m-o-m. The import price peaked at $1,106 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($2,561 per ton), while the price for China ($705 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+9.2%), while the prices for the other major suppliers experienced a decline.
Concrete Reinforcing Bar Exports in Japan
In 2022, the amount of concrete reinforcing bars exported from Japan reduced to 764K tons, with a decrease of -13.5% compared with the year before. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.0% 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 +56.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 80%. As a result, the exports attained the peak of 884K tons, and then reduced in the following year.
In value terms, concrete reinforcing bar exports declined to $630M in 2022. Overall, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 129% against the previous year. As a result, the exports attained the peak of $712M, and then fell in the following year.
Export of Concrete Reinforcing Bar in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 112 | 102 | 362 | 268 | 33.8% |
Thailand | 153 | 90.0 | 166 | 149 | -0.9% |
United States | 18.9 | 15.9 | 27.7 | 50.4 | 38.7% |
Indonesia | 62.9 | 21.1 | 42.7 | 40.5 | -13.6% |
China | 47.5 | 40.1 | 44.2 | 35.8 | -9.0% |
Vietnam | 16.1 | 12.4 | 22.4 | 19.3 | 6.2% |
Taiwan (Chinese) | 11.5 | 7.5 | 18.7 | 18.4 | 17.0% |
Mexico | 6.6 | 4.8 | 7.5 | 17.9 | 39.5% |
Guam | 3.0 | 1.0 | 3.6 | 12.3 | 60.1% |
Others | 20.1 | 15.9 | 17.2 | 18.4 | -2.9% |
Total | 452 | 310 | 712 | 630 | 11.7% |
Top Export Markets for Concrete Reinforcing Bar from Japan in 2022:
- South Korea (425.6K tons)
- Thailand (135.8K tons)
- United States (46.4K tons)
- Indonesia (34.2K tons)
- China (33.4K tons)
- Vietnam (22.9K tons)
- Mexico (18.1K tons)
- Taiwan (Chinese) (16.8K tons)
- Guam (12.1K tons)
Concrete Reinforcing Bar Imports in Japan
For the third year in a row, Japan recorded decline in purchases abroad of concrete reinforcing bars, which decreased by -4.7% to 36K tons in 2022. Over the period under review, imports showed a precipitous descent.
In value terms, concrete reinforcing bar imports expanded markedly to $35M in 2022. In general, imports continue to indicate a deep downturn.
Import of Concrete Reinforcing Bar in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 29.7 | 11.7 | 7.7 | 15.8 | -19.0% |
South Korea | 25.0 | 16.0 | 17.5 | 12.9 | -19.8% |
Vietnam | 0.9 | 1.1 | 3.1 | 4.4 | 69.7% |
Taiwan (Chinese) | 3.6 | 2.9 | 2.0 | 1.6 | -23.7% |
Malaysia | 2.2 | N/A | N/A | N/A | 0% |
Others | 1.5 | 0.7 | 1.7 | 0.5 | -30.7% |
Total | 62.9 | 32.4 | 32.0 | 35.0 | -17.7% |
Top Suppliers of Concrete Reinforcing Bar to Japan in 2022:
- South Korea (14.7K tons)
- China (13.5K tons)
- Vietnam (6.0K tons)
- Taiwan (Chinese) (1.4K tons)
This report provides an in-depth analysis of the concrete reinforcing bar 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 2410T241 - Concrete reinforcing bars
- Prodcom 24106210 - Hot-rolled concrete reinforcing bars
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
This report provides an in-depth analysis of the concrete reinforcing bar market in Japan.
This report provides an in-depth analysis of the forged steel bar market in Japan.
This report provides an in-depth analysis of the hot-rolled free-cutting steel market in Japan.
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Japan.
This report provides an in-depth analysis of the global concrete reinforcing bar market.
Global Forged Steel Bar Market Report 2018. This report provides an in-depth analysis of the global forged steel bar market.
This report provides an in-depth analysis of the global hot-rolled free-cutting steel market.
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
This report provides an in-depth analysis of the concrete reinforcing bar market in Japan.
This report provides an in-depth analysis of the forged steel bar market in Japan.
Explore the top import markets for hot-rolled steel bar and rod based on data from IndexBox. Find out which countries lead the global import market for these essential materials.
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
Global iron bar imports totaled X tons in 2016, approximately mirroring the previous year figure. In general, iron bar imports continue to indicate a relatively flat trend pattern. The growth pace...
China dominates in the global bars and rods of iron or steel trade. In 2014, China exported X thousand tons of bars and rods of iron or steel totaling X million USD, X% over the previous year. Its primary trading partner was the Republic o