Japan - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Japan - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights

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Mineral Wool Price in Japan - 2023

Contents:

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

Mineral Wool Price in Japan (FOB) - 2023

The average mineral wool export price stood at $15,512 per ton in September 2023, stabilizing at the previous month. In general, the export price, however, saw a mild setback. The pace of growth was the most pronounced in January 2023 an increase of 20% against the previous month. As a result, the export price attained the peak level of $22,798 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($35,128 per ton), while the average price for exports to the Philippines ($1,906 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 the Philippines (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Mineral Wool Price in Japan (CIF) - 2023

The average mineral wool import price stood at $1,739 per ton in September 2023, with a decrease of -10.5% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 24% month-to-month. The import price peaked at $2,543 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($25,275 per ton), while the price for Indonesia ($1,376 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Mineral Wool Exports in Japan

In 2022, exports of slag wool, rock wool and similar mineral wools and mixtures from Japan contracted significantly to 8.1K tons, waning by -26.2% compared with the previous year's figure. Overall, exports showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of 11K tons, and then dropped rapidly in the following year.

In value terms, mineral wool exports shrank markedly to $151M in 2022. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, the exports attained the peak of $228M, and then declined markedly in the following year.

Export of Mineral Wool in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany53.641.239.533.8-14.2%
China49.063.072.233.7-11.7%
South Korea31.419.238.331.1-0.3%
Hungary22.417.520.417.1-8.6%
United States21.821.621.614.8-12.1%
Netherlands6.05.710.28.211.0%
Thailand3.21.82.82.0-14.5%
Philippines0.90.61.00.5-17.8%
Others25.015.422.29.8-26.8%
Total213186228151-10.8%

Top Export Markets for Mineral Wool from Japan in 2022:

  1. China (1898.8 tons)
  2. Germany (1591.2 tons)
  3. South Korea (1586.1 tons)
  4. Hungary (814.3 tons)
  5. United States (452.2 tons)
  6. Netherlands (440.8 tons)
  7. Philippines (322.8 tons)
  8. Thailand (180.3 tons)

Mineral Wool Imports in Japan

In 2022, after two years of decline, there was significant growth in supplies from abroad of slag wool, rock wool and similar mineral wools and mixtures, when their volume increased by 13% to 26K tons. Over the period under review, imports, however, saw a slight setback.

In value terms, mineral wool imports totaled $53M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 8.2% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Mineral Wool in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.310.811.513.35.6%
United Kingdom10.89.110.310.80.0%
Indonesia3.45.37.36.826.0%
Taiwan (Chinese)5.24.55.35.41.3%
Malaysia4.32.83.23.3-8.4%
South Korea8.47.05.13.0-29.1%
India2.11.82.02.33.1%
Thailand1.10.50.31.920.0%
Others6.45.76.36.3-0.5%
Total52.947.551.453.10.1%

Top Suppliers of Mineral Wool to Japan in 2022:

  1. China (6.6K tons)
  2. Indonesia (4.5K tons)
  3. United Kingdom (4.0K tons)
  4. South Korea (2.0K tons)
  5. Taiwan (Chinese) (1.9K tons)
  6. India (1.8K tons)
  7. Malaysia (1.6K tons)
  8. Thailand (1.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mineral wool 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 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls

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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July 2023 Sees a $12M Surge in Japan's Mineral Wool Exports
Nov 7, 2023
Eye 217

The rate of growth that stood out the most occurred in October 2022, with a remarkable 50% increase in exports compared to the previous month. In terms of value, Mineral Wool exports soared to $12M in July 2023.

The Global Mineral Wool Market Started to Slow Down
Sep 18, 2020
Eye 717

For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...

Which Country Imports the Most Slag, Rock Wool and Similar Mineral Wools in the World?
Jul 26, 2018
Eye 853

In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...

Which Country Exports the Most Slag, Rock Wool and Similar Mineral Wools in the World?
Jul 26, 2018
Eye 1020

In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...

July 2023 Sees a $12M Surge in Japan's Mineral Wool Exports
Nov 7, 2023
Eye 217

The rate of growth that stood out the most occurred in October 2022, with a remarkable 50% increase in exports compared to the previous month. In terms of value, Mineral Wool exports soared to $12M in July 2023.

The Global Mineral Wool Market Started to Slow Down
Sep 18, 2020
Eye 717

For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...

Which Country Imports the Most Slag, Rock Wool and Similar Mineral Wools in the World?
Jul 26, 2018
Eye 853

In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...

Which Country Exports the Most Slag, Rock Wool and Similar Mineral Wools in the World?
Jul 26, 2018
Eye 1020

In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...

Free Data: Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Japan