Japan: Acyclic Hydrocarbons Market 2024

Acyclic Hydrocarbons Market Size in Japan

In 2020, the Japanese acyclic hydrocarbons market increased by X% to $X, rising for the second year in a row after six years of decline. Overall, consumption, however, showed a deep slump. The growth pace was the most rapid in 2019 when the market value increased by X% against the previous year. Acyclic hydrocarbons consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Acyclic Hydrocarbons Production in Japan

In value terms, acyclic hydrocarbons production declined to $X in 2020 estimated in export price. Over the period under review, production, however, showed a deep slump. The pace of growth appeared the most rapid in 2013 with a decrease of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

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Acyclic Hydrocarbons Exports

Exports from Japan

In 2020, approx. X tons of acyclic hydrocarbons were exported from Japan; which is down by X% compared with the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2020, the growth of the exports remained at a lower figure.

In value terms, acyclic hydrocarbons exports reduced dramatically to $X in 2020. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2020, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for acyclic hydrocarbons exports from Japan, accounting for a X% share of total exports. Moreover, acyclic hydrocarbons exports to China exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) remains the key foreign market for acyclic hydrocarbons exports from Japan, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2020, the average annual growth rate of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2020, the average acyclic hydrocarbons export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2020, amid the top suppliers, the countries with the highest prices were South Korea ($X per ton) and China ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced a decline.

Acyclic Hydrocarbons Imports

Imports into Japan

In 2020, the amount of acyclic hydrocarbons imported into Japan expanded rapidly to X tons, with an increase of X% against 2019. Over the period under review, total imports indicated a notable increase from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, acyclic hydrocarbons imports expanded sharply to $X in 2020. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain momentum.

Imports by Country

South Korea (X tons), the United States (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of acyclic hydrocarbons imports to Japan, with a combined X% share of total imports. Canada, South Africa and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2020, the biggest increases were recorded for Canada (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the United States ($X) and Taiwan (Chinese) ($X) were the largest acyclic hydrocarbons suppliers to Japan, together accounting for X% of total imports. Canada, South Africa and Belgium lagged somewhat behind, together accounting for a further X%.

Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average acyclic hydrocarbons import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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