Japan: Cadmium Market 2024

Cadmium Market Size in Japan

The Japanese cadmium market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption posted a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cadmium Production in Japan

In value terms, cadmium production fell slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

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Cadmium Exports

Exports from Japan

In 2021, exports of cadmium from Japan rose markedly to X tons, surging by X% against the previous year's figure. Over the period under review, total exports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, cadmium exports skyrocketed to $X in 2021. In general, exports enjoyed moderate growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for cadmium exports from Japan, accounting for a X% share of total exports. It was followed by Belgium (X tons), with a X% share of total exports. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and China (X% per year).

In value terms, India ($X) remains the key foreign market for cadmium exports from Japan, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2021, the average annual growth rate of value to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

In 2021, the average cadmium export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cadmium Imports

Imports into Japan

In 2021, purchases abroad of cadmium was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, showed a significant curtailment. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cadmium imports surged to $X in 2021. Overall, imports, however, recorded a significant decrease. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest cadmium supplier to Japan, accounting for a X% share of total imports. Moreover, cadmium imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Canada (X% per year).

In value terms, China ($X) constituted the largest supplier of cadmium to Japan, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Canada (X% per year).

Import Prices by Country

The average cadmium import price stood at $X per ton in 2021, reducing by X% against the previous year. Overall, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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