Japan - Synthetic Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Rubber Price in Japan - 2023
Contents:
- Synthetic Rubber Price in Japan (FOB) - 2023
- Synthetic Rubber Price in Japan (CIF) - 2023
- Synthetic Rubber Exports in Japan
- Synthetic Rubber Imports in Japan
Synthetic Rubber Price in Japan (FOB) - 2023
In July 2023, the average synthetic rubber export price amounted to $3,419 per ton, standing approximately at the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 8.3% month-to-month. As a result, the export price reached the peak level of $3,851 per ton. From December 2022 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Belgium ($5,172 per ton), while the average price for exports to Vietnam ($2,046 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 Malaysia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Rubber Price in Japan (CIF) - 2023
The average synthetic rubber import price stood at $2,917 per ton in July 2023, picking up by 6.8% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 10% month-to-month. As a result, import price attained the peak level of $3,059 per ton. From January 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 ($5,433 per ton), while the price for Taiwan (Chinese) ($2,019 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 Singapore (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Synthetic Rubber Exports in Japan
In 2022, the amount of synthetic rubber exported from Japan contracted to 749K tons, with a decrease of -3.9% against 2021. Over the period under review, exports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 8.3%.
In value terms, synthetic rubber exports dropped to $2.2B in 2022. In general, exports showed a slight curtailment. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, the exports reached the peak of $2.5B, and then dropped in the following year.
| Export of Synthetic Rubber in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 538 | 494 | 635 | 8.6% | |
| Thailand | 264 | 235 | 291 | 5.0% | |
| United States | 234 | 181 | 224 | -2.2% | |
| India | 116 | 130 | 145 | 11.8% | |
| Malaysia | 106 | 112 | 130 | 10.7% | |
| Indonesia | 114 | 82.0 | 124 | 4.3% | |
| Taiwan (Chinese) | 109 | 93.4 | 111 | 0.9% | |
| Vietnam | 103 | 90.9 | 103 | 0.0% | |
| South Korea | 120 | 87.2 | 92.7 | -12.1% | |
| Germany | 90.2 | 65.4 | 85.6 | -2.6% | |
| Belgium | 76.5 | 61.6 | 78.9 | 1.6% | |
| Netherlands | 69.3 | 67.6 | 69.9 | 0.4% | |
| Italy | 45.6 | 35.8 | 54.9 | 9.7% | |
| Others | 289 | 210 | 323 | 5.7% | |
| Total | 2,274 | 1,946 | 2,469 | 4.2% | |
Top Export Markets for Synthetic Rubber from Japan in 2022:
- China (193.5K tons)
- Thailand (93.3K tons)
- United States (65.5K tons)
- India (50.4K tons)
- Indonesia (47.3K tons)
- Vietnam (45.7K tons)
- Taiwan (Chinese) (42.8K tons)
- Malaysia (37.5K tons)
- Germany (21.3K tons)
- South Korea (20.9K tons)
- Belgium (19.4K tons)
- Netherlands (18.3K tons)
- Italy (17.7K tons)
Synthetic Rubber Imports in Japan
In 2022, synthetic rubber imports into Japan shrank to 151K tons, waning by -9.3% compared with the year before. Overall, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports reached the peak of 167K tons, and then reduced in the following year.
In value terms, synthetic rubber imports dropped to $356M in 2022. In general, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year.
| Import of Synthetic Rubber in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| South Korea | 83.6 | 57.0 | 90.8 | 4.2% | |
| United States | 110 | 83.9 | 80.8 | -14.3% | |
| Singapore | 50.2 | 41.2 | 62.6 | 11.7% | |
| Taiwan (Chinese) | 32.1 | 27.8 | 43.3 | 16.1% | |
| Thailand | 45.4 | 29.9 | 38.5 | -7.9% | |
| China | 17.8 | 10.4 | 23.0 | 13.7% | |
| Belgium | 19.3 | 14.9 | 16.1 | -8.7% | |
| Russia | 14.0 | 6.0 | 13.1 | -3.3% | |
| Others | 40.8 | 33.2 | 39.4 | -1.7% | |
| Total | 413 | 304 | 408 | -0.6% | |
Top Suppliers of Synthetic Rubber to Japan in 2022:
- South Korea (45.4K tons)
- Singapore (26.3K tons)
- United States (21.9K tons)
- Taiwan (Chinese) (20.2K tons)
- Thailand (15.9K tons)
- China (7.6K tons)
- Belgium (7.4K tons)
- Russia (7.1K tons)
This report provides an in-depth analysis of the synthetic 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
- Prodcom 20171090 - Synthetic rubber (excluding latex)
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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This report provides an in-depth analysis of the synthetic rubber market in Japan.
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This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) in Japan.
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This report provides an in-depth analysis of the synthetic latex rubber market in Japan.
2095
This report provides an in-depth analysis of the global synthetic rubber market.
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This report provides an in-depth analysis of the global market for isoprene rubber (ir) in primary form.
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This report provides an in-depth analysis of the global market for synthetic rubber (excluding latex).
736
This report provides an in-depth analysis of the global synthetic latex rubber market.
1033
This report provides an in-depth analysis of the synthetic rubber market in Japan.
151
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form in Japan.
241
From April 2023 to September 2023, the exports of Synthetic Rubber experienced stagnant growth, with a value of $165M in September 2023.
1389
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>
1337
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>
199
Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
317
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
241
From April 2023 to September 2023, the exports of Synthetic Rubber experienced stagnant growth, with a value of $165M in September 2023.
1389
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>
1337
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>
199
Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
317
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
