Japan: Compound Plasticisers Market 2022

Compound Plasticisers Market Size in Japan

The Japanese compound plasticisers market reached $X in 2021, increasing by X% against the previous year. In general, the total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. Compound plasticisers consumption peaked in 2021 and is likely to continue growth in the immediate term.

Compound Plasticisers Production in Japan

In value terms, compound plasticisers production dropped modestly to $X in 2021 estimated in export price. Overall, the total production indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then reduced slightly in the following year.

Compound Plasticisers Exports

Exports from Japan

After three years of growth, shipments abroad of compound plasticisers for rubber or plastics decreased by -X% to X tons in 2021. Over the period under review, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then fell sharply in the following year.

In value terms, compound plasticisers exports reduced sharply to $X in 2021. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then declined rapidly in the following year.

Exports by Country

China (X tons) 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, Indonesia (X tons), more than tenfold. The third position in this ranking was held by Thailand (X tons), with a X% share.

From 2012 to 2021, 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: Indonesia (+X% per year) and Thailand (-X% per year).

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

From 2012 to 2021, 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: Thailand (-X% per year) and Indonesia (+X% per year).

Export Prices by Country

In 2021, the average compound plasticisers export price amounted to $X per ton, shrinking by -X% against the previous year. In general, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per ton), while the average price for exports to China ($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 Thailand (+X%), while the prices for the other major destinations experienced a decline.

Compound Plasticisers Imports

Imports into Japan

After three years of decline, supplies from abroad of compound plasticisers for rubber or plastics increased by X% to X tons in 2021. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, compound plasticisers imports skyrocketed to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Malaysia (X tons) were the main suppliers of compound plasticisers imports to Japan, together comprising X% of total imports. These countries were followed by the UK, China and the United States, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest compound plasticisers suppliers to Japan were Germany ($X), the Netherlands ($X) and Malaysia ($X), with a combined X% share of total imports. These countries were followed by the UK, China and the United States, which together accounted for a further X the main suppliers, China, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average compound plasticisers import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, showed a slight setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :