Japan: Market for Extruded Solid Rubber Rods And Profiles 2024

Market Size for Extruded Solid Rubber Rods And Profiles in Japan

The Japanese extruded solid rubber rod market totaled $X in 2022, with an increase of X% against the previous year. In general, consumption, however, saw a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Extruded Solid Rubber Rods And Profiles in Japan

In value terms, extruded solid rubber rod production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Extruded solid rubber rod production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from Japan

In 2022, exports of extruded solid rubber rods and profiles from Japan shrank to X tons, waning by X% on the previous year. Overall, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, extruded solid rubber rod exports reduced to $X in 2022. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons), Australia (X tons) and the United States (X tons) were the main destinations of extruded solid rubber rod exports from Japan, together comprising X% of total exports. Indonesia, China, Singapore, Vietnam, New Zealand, Ireland, Germany, India, Finland and Mexico lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Australia ($X) constituted the largest markets for extruded solid rubber rod exported from Japan worldwide, with a combined X% share of total exports. Thailand, Indonesia, Singapore, Vietnam, New Zealand, Germany, Ireland, Finland, India and Mexico lagged somewhat behind, together accounting for a further X%.

New Zealand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average extruded solid rubber rod export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Extruded Solid Rubber Rods And Profiles

Imports into Japan

In 2022, supplies from abroad of extruded solid rubber rods and profiles increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, extruded solid rubber rod imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a mild decline. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of extruded solid rubber rod to Japan, with a X% share of total imports. Moreover, extruded solid rubber rod imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the largest extruded solid rubber rod suppliers to Japan were Taiwan (Chinese) ($X), South Korea ($X) and the United States ($X), with a combined X% share of total imports. Germany, China, the Philippines, Vietnam, Sweden and Malaysia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the Philippines, with a CAGR of X%, recorded 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

The average extruded solid rubber rod import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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