Japan - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Latex Rubber Price in Japan - 2023
Contents:
- Synthetic Latex Rubber Price in Japan (FOB) - 2023
- Synthetic Latex Rubber Price in Japan (CIF) - 2023
- Synthetic Latex Rubber Exports in Japan
- Synthetic Latex Rubber Imports in Japan
Synthetic Latex Rubber Price in Japan (FOB) - 2023
In July 2023, the average synthetic latex rubber export price amounted to $5,609 per ton, rising by 2.3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in November 2022 an increase of 16% month-to-month. The export price peaked at $5,828 per ton in December 2022; however, from January 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was China ($8,559 per ton), while the average price for exports to Malaysia ($2,195 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 China (+3.6%), while the prices for the other major destinations experienced a decline.
Synthetic Latex Rubber Price in Japan (CIF) - 2023
In July 2023, the average synthetic latex rubber import price amounted to $2,835 per ton, surging by 25% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 82% m-o-m. As a result, import price attained the peak level of $3,963 per ton. From May 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,887 per ton), while the price for Indonesia ($1,818 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 Taiwan (Chinese) (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Synthetic Latex Rubber Exports in Japan
In 2022, after three years of growth, there was significant decline in shipments abroad of synthetic latex rubber, when their volume decreased by -21% to 74K tons. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of 93K tons, and then dropped notably in the following year.
In value terms, synthetic latex rubber exports reduced to $368M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year. As a result, the exports reached the peak of $412M, and then reduced in the following year.
| Export of Synthetic Latex Rubber in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 87.2 | 90.9 | 159 | 196 | 31.0% |
| Malaysia | 57.9 | 63.5 | 78.3 | 29.2 | -20.4% |
| Indonesia | 19.4 | 17.8 | 24.1 | 26.1 | 10.4% |
| United States | 20.1 | 14.9 | 23.7 | 19.9 | -0.3% |
| Sri Lanka | 13.9 | 13.8 | 21.1 | 19.2 | 11.4% |
| Thailand | 19.6 | 17.8 | 35.8 | 18.8 | -1.4% |
| Vietnam | 12.6 | 16.4 | 21.1 | 12.9 | 0.8% |
| Others | 48.9 | 42.3 | 48.4 | 46.0 | -2.0% |
| Total | 280 | 277 | 412 | 368 | 9.5% |
Top Export Markets for Synthetic Latex Rubber from Japan in 2022:
- China (29.7K tons)
- Malaysia (10.8K tons)
- Thailand (6.8K tons)
- Indonesia (6.4K tons)
- Sri Lanka (5.5K tons)
- Vietnam (5.2K tons)
- United States (2.5K tons)
Synthetic Latex Rubber Imports in Japan
In 2022, the amount of synthetic latex rubber imported into Japan shrank sharply to 557 tons, waning by -18.7% compared with the previous year's figure. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year.
In value terms, synthetic latex rubber imports dropped significantly to $1.7M in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 44%.
| Import of Synthetic Latex Rubber in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 477 | 272 | 431 | 554 | 5.1% |
| Germany | 600 | 391 | 743 | 497 | -6.1% |
| Indonesia | 625 | 363 | 373 | 331 | -19.1% |
| United States | 251 | 207 | 301 | 173 | -11.7% |
| Malaysia | 58.2 | 48.6 | 121 | 64.5 | 3.5% |
| South Korea | 8.8 | 17.3 | 18.4 | 34.2 | 57.2% |
| Others | 129 | 148 | 97.3 | 74.6 | -16.7% |
| Total | 2,150 | 1,446 | 2,086 | 1,728 | -7.0% |
Top Suppliers of Synthetic Latex Rubber to Japan in 2022:
- Taiwan (Chinese) (187.3 tons)
- Indonesia (172.7 tons)
- Germany (128.2 tons)
- United States (32.0 tons)
- South Korea (15.8 tons)
- Malaysia (15.1 tons)
This report provides an in-depth analysis of the synthetic latex rubber 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 20171050 - Synthetic latex rubber
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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Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
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In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
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