Japan: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in Japan

The Japanese odoriferous substance mixture market reduced modestly to $X in 2022, remaining stable against the previous year. In general, consumption recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Odoriferous substance mixture consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Odoriferous Substance Mixture Production in Japan

In value terms, odoriferous substance mixture production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight reduction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Odoriferous Substance Mixture Exports

Exports from Japan

Odoriferous substance mixture exports from Japan reached X tons in 2022, therefore, remained relatively stable against 2021 figures. In general, exports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, odoriferous substance mixture exports shrank to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Thailand (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main destinations of odoriferous substance mixture exports from Japan, with a combined X% share of total exports. China, Indonesia, Russia, the Philippines, Turkey, Poland, Vietnam, the United States, India and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Thailand ($X) and China ($X) appeared to be the largest markets for odoriferous substance mixture exported from Japan worldwide, with a combined X% share of total exports. Taiwan (Chinese), Indonesia, Russia, India, the Philippines, Poland, Vietnam, the United States, Turkey and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, India, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 odoriferous substance mixture export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Turkey ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports

Imports into Japan

In 2022, approx. X tons of mixtures of odoriferous substances and their preparations were imported into Japan; shrinking by X% compared with the previous year's figure. 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 in certain years. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then dropped modestly in the following year.

In value terms, odoriferous substance mixture imports contracted to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Singapore (X tons), the United States (X tons) and China (X tons) were the main suppliers of odoriferous substance mixture imports to Japan, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest odoriferous substance mixture suppliers to Japan were Singapore ($X), Ireland ($X) and the United States ($X), together comprising X% of total imports.

Singapore, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average odoriferous substance mixture import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 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 Ireland ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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