Japan - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Japan - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Container Price in Japan - 2023

Contents:

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

Plastic Container Price in Japan (CIF) - 2023

The average plastic container import price stood at $9,220 per ton in July 2023, picking up by 3.6% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 11% month-to-month. Over the period under review, average import prices hit record highs at $10,248 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($12,508 per ton), while the price for Indonesia ($4,291 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 (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Plastic Container Price in Japan (FOB) - 2023

In July 2023, the average plastic container export price amounted to $7,003 per ton, approximately reflecting the previous month. In general, the export price saw a mild contraction. The pace of growth appeared the most rapid in November 2022 an increase of 13% against the previous month. The export price peaked at $9,524 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($13,002 per ton), while the average price for exports to China ($4,538 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 Hong Kong SAR (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Container Imports in Japan

In 2022, the amount of plastic containers imported into Japan stood at 23K tons, surging by 4.2% against the year before. In general, imports, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 5.7%.

In value terms, plastic container imports expanded slightly to $210M in 2022. Over the period under review, imports, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of 8.7% against the previous year.

Import of Plastic Container in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China96.484.493.591.1-1.9%
Taiwan (Chinese)27.224.231.230.43.8%
South Korea27.725.719.523.3-5.6%
Vietnam17.910.312.413.0-10.1%
Thailand15.68.710.311.1-10.7%
Malaysia10.29.711.010.71.6%
United States6.97.910.410.213.9%
Indonesia8.98.25.87.3-6.4%
Others12.810.611.812.90.3%
Total224190206210-2.1%

Top Suppliers of Plastic Container to Japan in 2022:

  1. China (9.5K tons)
  2. Taiwan (Chinese) (2.8K tons)
  3. South Korea (2.0K tons)
  4. Vietnam (1.7K tons)
  5. Indonesia (1.3K tons)
  6. United States (1.3K tons)
  7. Thailand (1.3K tons)
  8. Malaysia (1.1K tons)

Plastic Container Exports in Japan

In 2022, after three years of growth, there was significant decline in shipments abroad of plastic containers, when their volume decreased by -13.2% to 16K tons. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 19K tons, and then declined in the following year.

In value terms, plastic container exports declined remarkably to $146M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $174M, and then dropped rapidly in the following year.

Export of Plastic Container in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.337.743.235.76.8%
Taiwan (Chinese)14.818.222.118.37.3%
United States19.022.520.116.7-4.2%
Thailand10.513.716.813.99.8%
South Korea9.99.014.011.55.1%
Singapore9.09.711.59.51.8%
Vietnam5.98.98.97.47.8%
Others38.831.337.932.7-5.5%
Total1371511741462.1%

Top Export Markets for Plastic Container from Japan in 2022:

  1. China (4.2K tons)
  2. Taiwan (Chinese) (3.1K tons)
  3. United States (1.6K tons)
  4. Thailand (1.6K tons)
  5. South Korea (1.2K tons)
  6. Vietnam (1.0K tons)
  7. Singapore (0.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic container 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 22221950 - Articles for the conveyance or packaging of goods, of plastics (excluding boxes, cases, crates and similar articles, sacks and bags, including cones, carboys, bottles, flasks and similar articles, spools, spindles, bobbins and similar supports, s toppers, lids, caps and other closures)

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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