Japan - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Isoprene Rubber (IR) in Primary Form in Japan - 2023
Contents:
- Price for Isoprene Rubber (IR) in Primary Form in Japan (FOB) - 2022
- Price for Isoprene Rubber (IR) in Primary Form in Japan (CIF) - 2023
- Exports of Isoprene Rubber (IR) in Primary Form in Japan
- Imports of Isoprene Rubber (IR) in Primary Form in Japan
Price for Isoprene Rubber (IR) in Primary Form in Japan (FOB) - 2022
In 2022, the average export price for isoprene rubber (IR) in primary forms amounted to $4,151 per ton, increasing by 4.2% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 26% against the previous year. The export price peaked at $4,283 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($5,608 per ton), while the average price for exports to Sri Lanka ($2,704 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Isoprene Rubber (IR) in Primary Form in Japan (CIF) - 2023
In November 2023, the average import price for isoprene rubber (IR) in primary forms amounted to $4,934 per ton, remaining relatively unchanged against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 5.7% against the previous month. The import price peaked at $5,284 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Taiwan (Chinese) ($5,726 per ton), while the price for the United States totaled $4,903 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.3%).
Exports of Isoprene Rubber (IR) in Primary Form in Japan
In 2022, approx. 72K tons of isoprene rubber (IR) in primary forms were exported from Japan; reducing by -20.7% against the previous year. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3.6%. As a result, the exports reached the peak of 90K tons, and then shrank sharply in the following year.
In value terms, exports of isoprene rubber (IR) in primary forms fell sharply to $297M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of $359M, and then dropped remarkably in the following year.
| Export of Isoprene Rubber (IR) in Primary Form in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 94.7 | 92.1 | 112 | 92.9 | -0.6% |
| China | 48.1 | 46.3 | 63.5 | 59.1 | 7.1% |
| Malaysia | 51.7 | 54.2 | 77.0 | 31.4 | -15.3% |
| Vietnam | 17.9 | 19.1 | 24.3 | 22.2 | 7.4% |
| United States | 12.2 | 12.0 | 14.3 | 19.2 | 16.3% |
| Taiwan (Chinese) | 9.3 | 10.8 | 10.1 | 10.0 | 2.4% |
| Sri Lanka | 6.3 | 6.4 | 10.7 | 8.1 | 8.7% |
| Indonesia | 5.8 | 4.5 | 7.6 | 7.9 | 10.8% |
| Others | 32.1 | 30.0 | 39.2 | 45.9 | 12.7% |
| Total | 278 | 275 | 359 | 297 | 2.2% |
Top Export Markets for Isoprene Rubber (IR) in Primary Form from Japan in 2022:
- Thailand (21.1K tons)
- China (10.5K tons)
- Malaysia (10.4K tons)
- Vietnam (7.0K tons)
- United States (4.6K tons)
- Taiwan (Chinese) (3.4K tons)
- Sri Lanka (3.0K tons)
- Indonesia (2.3K tons)
Imports of Isoprene Rubber (IR) in Primary Form in Japan
Imports of isoprene rubber (IR) in primary forms into Japan declined rapidly to 11K tons in 2022, dropping by -15.3% against 2021 figures. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 28%.
In value terms, imports of isoprene rubber (IR) in primary forms expanded remarkably to $43M in 2022. In general, imports showed a abrupt shrinkage.
| Import of Isoprene Rubber (IR) in Primary Form in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 44.1 | 34.2 | 25.9 | 35.8 | -6.7% |
| Russia | 13.0 | 5.8 | 12.7 | 6.6 | -20.2% |
| Others | 0.4 | 0.5 | 0.7 | 0.7 | 20.5% |
| Total | 57.5 | 40.5 | 39.2 | 43.1 | -9.2% |
Top Suppliers of Isoprene Rubber (IR) in Primary Form to Japan in 2022:
- United States (7.8K tons)
- Russia (3.5K tons)
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form 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:
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.
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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
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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
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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
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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
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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
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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
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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
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