Report Update: Apr 1, 2024

Japan - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Titanium Dioxide Pigments Price in Japan - 2023

Titanium Dioxide Pigments Price in Japan (FOB) - 2023

The average titanium dioxide pigments export price stood at $4,517 per ton in July 2023, growing by 7.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 13% against the previous month. As a result, the export price reached the peak level of $4,679 per ton. From December 2022 to July 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($7,783 per ton), while the average price for exports to the Philippines ($3,151 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 India (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Titanium Dioxide Pigments Price in Japan (CIF) - 2023

In July 2023, the average titanium dioxide pigments import price amounted to $3,070 per ton, increasing by 2.1% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 7.8% against the previous month. The import price peaked at $3,465 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,902 per ton), while the price for China ($2,492 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 the UK (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Titanium Dioxide Pigments Exports in Japan

Titanium dioxide pigments exports from Japan dropped dramatically to 48K tons in 2022, shrinking by -22.2% compared with the previous year. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of 62K tons, and then reduced sharply in the following year.

In value terms, titanium dioxide pigments exports shrank to $207M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, the exports reached the peak of $235M, and then dropped in the following year.

Export of Titanium Dioxide Pigments in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	41.3	46.9	55.6	42.9	1.3%
South Korea	35.2	25.9	36.6	33.7	-1.4%
United States	23.1	17.4	20.6	27.0	5.3%
Indonesia	21.0	17.9	29.6	26.4	7.9%
Thailand	20.0	18.1	23.4	21.2	2.0%
Taiwan (Chinese)	20.1	19.9	22.9	16.3	-6.7%
Malaysia	5.8	5.4	8.6	7.1	7.0%
Others	32.9	28.5	38.1	32.9	0.0%
Total	199	180	235	207	1.3%

Top Export Markets for Titanium Dioxide Pigments from Japan in 2022:

China (9.9K tons)
South Korea (7.8K tons)
Indonesia (7.5K tons)
United States (5.4K tons)
Thailand (5.3K tons)
Taiwan (Chinese) (4.7K tons)
Malaysia (2.0K tons)

Titanium Dioxide Pigments Imports in Japan

In 2022, after two years of decline, there was significant growth in supplies from abroad of titanium dioxide pigments and colouring preparations, when their volume increased by 8.1% to 51K tons. In general, imports, however, continue to indicate a noticeable shrinkage.

In value terms, titanium dioxide pigments imports surged to $158M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Titanium Dioxide Pigments in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	33.5	28.8	42.6	45.1	10.4%
United States	35.8	34.0	29.2	26.9	-9.1%
China	14.6	13.5	17.9	18.3	7.8%
Mexico	12.2	11.8	5.1	16.0	9.5%
Australia	14.7	12.3	11.4	15.0	0.7%
Malaysia	11.4	9.2	8.2	13.3	5.3%
United Kingdom	6.0	5.6	4.3	4.4	-9.8%
South Korea	4.5	2.4	2.3	2.0	-23.7%
Others	16.6	12.6	13.3	17.1	1.0%
Total	149	130	134	158	2.0%

Top Suppliers of Titanium Dioxide Pigments to Japan in 2022:

Taiwan (Chinese) (16.7K tons)
United States (7.8K tons)
China (6.2K tons)
Mexico (5.3K tons)
Australia (5.1K tons)
Malaysia (4.0K tons)
United Kingdom (1.3K tons)
South Korea (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the titanium dioxide pigments 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 20122415 - Pigments and preparations based on titanium dioxide containing . .80 % by weight of titanium dioxide
Prodcom 20122419 - Pigments and preparations based on titanium dioxide (excluding those containing . .80 % by weight of titanium dioxide)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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