Japan - Compound Plasticisers For Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights

Japan: Compound Plasticisers Market Overview 2020

Compound Plasticisers Market Size in Japan

The revenue of the compound plasticisers market in Japan amounted to $X in 2018, surging by X% against the previous year. Over the period under review, the total market indicated a strong expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, the compound plasticisers market attained its peak level and is likely to continue its growth in the immediate term.

Compound Plasticisers Production in Japan

In value terms, compound plasticisers production totaled $X in 2018 estimated in export prices. In general, the total output indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, compound plasticisers production attained its peak level and is likely to continue its growth in the immediate term.

Compound Plasticisers Exports

Exports from Japan

Compound plasticisers exports from Japan amounted to X tonnes in 2018, rising by X% against the previous year. Overall, compound plasticisers exports, however, continue to indicate a drastic drop. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, compound plasticisers exports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, compound plasticisers exports totaled $X in 2018. In general, compound plasticisers exports, however, continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

China (X tonnes) was the main destination for compound plasticisers exports from Japan, accounting for a X% share of total exports. Moreover, compound plasticisers exports to China exceeded the volume sent to the second major destination, China, Hong Kong SAR (X tonnes), more than tenfold. Thailand (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, 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: China, Hong Kong SAR (-X% per year) and Thailand (-X% per year).

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

From 2007 to 2018, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-X% per year) and China, Hong Kong SAR (-X% per year).

Export Prices by Country

The average compound plasticisers export price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, the export price indicated strong growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, compound plasticisers export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Thailand ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Compound Plasticisers Imports

Imports into Japan

Compound plasticisers imports into Japan stood at X tonnes in 2018, approximately reflecting the previous year. Over the period under review, compound plasticisers imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, compound plasticisers imports reached their maximum at X tonnes in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, compound plasticisers imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. In that year, compound plasticisers imports attained their peak of $X. From 2012 to 2018, the growth of compound plasticisers imports failed to regain its momentum.

Imports by Country

Malaysia (X tonnes), Germany (X tonnes) and China (X tonnes) were the main suppliers of compound plasticisers imports to Japan, with a combined X% share of total imports. The UK, Taiwan, Chinese and the U.S. lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, the largest compound plasticisers suppliers to Japan were Malaysia ($X), Germany ($X) and the UK ($X), with a combined X% share of total imports. These countries were followed by China, the U.S. and Taiwan, Chinese, which together accounted for a further X terms of the main suppliers, Taiwan, Chinese recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average compound plasticisers import price stood at $X per tonne in 2018, approximately equating the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, the average import prices for compound plasticisers for rubber or plastics reached their maximum at $X per tonne in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the UK ($X per tonne), while the price for Taiwan, Chinese ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform