Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan - 2023
Contents:
- Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan (FOB) - 2023
- Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan (CIF) - 2023
- Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan
- Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan
Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan (FOB) - 2023
In November 2023, the average export price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $5,093 per ton, falling by -1.8% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 17% month-to-month. Over the period under review, the average export prices hit record highs at $5,798 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($7,954 per ton), while the average price for exports to Indonesia ($2,231 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan (CIF) - 2023
In November 2023, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $3,763 per ton, with a decrease of -5.8% against the previous month. Over the period under review, the import price saw a noticeable curtailment. The pace of growth was the most pronounced in January 2023 when the average import price increased by 9.5% month-to-month. Over the period under review, average import prices hit record highs at $5,002 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($9,482 per ton), while the price for Thailand ($2,097 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan
In 2022, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips from Japan contracted to 41K tons, waning by -9.8% compared with 2021. Over the period under review, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 11%.
In value terms, exports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips expanded slightly to $213M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 44.9 | 51.3 | 63.7 | 66.4 | 13.9% |
| Vietnam | 26.0 | 27.0 | 28.9 | 25.3 | -0.9% |
| United States | 30.2 | 21.6 | 20.5 | 25.0 | -6.1% |
| Thailand | 25.8 | 21.4 | 25.5 | 21.5 | -5.9% |
| Philippines | 14.8 | 13.6 | 17.3 | 13.5 | -3.0% |
| Mexico | 4.4 | 5.0 | 7.0 | 10.3 | 32.8% |
| Indonesia | 11.8 | 8.3 | 12.7 | 9.4 | -7.3% |
| Others | 27.6 | 29.0 | 33.7 | 41.9 | 14.9% |
| Total | 186 | 177 | 209 | 213 | 4.6% |
Top Export Markets for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip from Japan in 2022:
- China (9.8K tons)
- Thailand (7.3K tons)
- United States (6.7K tons)
- Vietnam (4.3K tons)
- Philippines (2.9K tons)
- Indonesia (2.2K tons)
- Mexico (2.0K tons)
Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan
In 2022, approx. 9.2K tons of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips were imported into Japan; waning by -3.4% compared with 2021. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 1.5% against the previous year.
In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips reduced to $41M in 2022. Overall, imports showed a noticeable setback. The smallest decline of -0.5% was in 2021.
| Import of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 13.0 | 19.0 | 14.9 | 14.7 | 4.2% |
| South Korea | 8.9 | 5.9 | 5.0 | 5.4 | -15.3% |
| China | 3.9 | 3.8 | 4.9 | 4.7 | 6.4% |
| Taiwan (Chinese) | 4.2 | 3.3 | 3.9 | 3.9 | -2.4% |
| Germany | 3.3 | 3.2 | 4.0 | 3.4 | 1.0% |
| Thailand | 4.0 | 3.3 | 3.9 | 3.4 | -5.3% |
| France | 1.6 | 0.8 | 2.2 | 1.3 | -6.7% |
| Others | 5.3 | 4.6 | 4.9 | 4.2 | -7.5% |
| Total | 44.2 | 43.9 | 43.7 | 41.0 | -2.5% |
Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Japan in 2022:
- Malaysia (2.4K tons)
- South Korea (2.2K tons)
- Taiwan (Chinese) (1.3K tons)
- Thailand (1.1K tons)
- China (0.5K tons)
- France (0.4K tons)
- Germany (0.4K tons)
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This report provides an in-depth analysis of the unvulcanized rubber market in Japan.
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This report provides an in-depth analysis of the unvulcanised rubber market in Japan.
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This report provides an in-depth analysis of the unvulcanized rubber market in Japan.
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This report provides an in-depth analysis of the unvulcanised rubber market in Japan.
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This report provides an in-depth analysis of the global unvulcanized rubber market.
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