Japan: Overview of the Market for Natural Rubber And Gums 2021

Market Size for Natural Rubber And Gums in Japan

In 2019, the Japanese natural rubber and gum market decreased by -X% to $X, falling for the eighth year in a row after two years of growth. Overall, consumption, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.

Exports of Natural Rubber And Gums

Exports from Japan

In 2019, overseas shipments of natural rubber and gums decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. In general, exports showed a pronounced descent. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, natural rubber and gum exports declined sharply to $X in 2019. Over the period under review, exports showed a pronounced curtailment. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

Exports by Country

Thailand (X tonnes), China (X tonnes) and Viet Nam (X tonnes) were the main destinations of natural rubber and gum exports from Japan, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand, while exports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the key foreign market for natural rubber and gum exports from Japan, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2007 to 2019, the average annual growth rate of value to Thailand stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and Taiwan (Chinese) (+X% per year).

Export Prices by Country

In 2019, the average natural rubber and gum export price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Taiwan (Chinese) ($X per tonne), while the average price for exports to Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Natural Rubber And Gums

Imports into Japan

In 2019, purchases abroad of natural rubber and gums was finally on the rise to reach X tonnes for the first time since 2012, thus ending a six-year declining trend. Overall, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

In value terms, natural rubber and gum imports shrank rapidly to $X in 2019. In general, imports, however, showed a deep setback. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

Imports by Country

Malaysia (X tonnes), Thailand (X tonnes) and Myanmar (X tonnes) were the main suppliers of natural rubber and gum imports to Japan, together comprising X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar, while imports for the other leaders experienced a decline.

In value terms, the largest natural rubber and gum suppliers to Japan were Malaysia ($X), Thailand ($X) and Myanmar ($X), with a combined X% share of total imports.

Among the main suppliers, Myanmar saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2019, the average natural rubber and gum import price amounted to $X per tonne, falling by -X% against the previous year. Overall, import price indicated temperate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Thailand ($X per tonne), while the price for Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural rubber and gums in the world?

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The countries with the highest volumes of natural rubber and gum consumption in 2019 were Thailand (4M tonnes), Indonesia (3.7M tonnes) and China (1.4M tonnes), together accounting for 62% of global consumption. These countries were followed by Viet Nam, Malaysia, India and Cote d'Ivoire, which together accounted for a further 25%.

What are the largest producers of natural rubber and gums in the world?

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The countries with the highest volumes of natural rubber and gum production in 2019 were Thailand (4.9M tonnes), Indonesia (3.7M tonnes) and Viet Nam (1.2M tonnes), together accounting for 67% of global production. India, China, Malaysia and Cote d'Ivoire lagged somewhat behind, together accounting for a further 21%.

What are the leading suppliers of natural rubber and gums to Japan?

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In value terms, the largest natural rubber and gum suppliers to Japan were Malaysia ($4.8M), Thailand ($3.2M) and Myanmar ($587K), with a combined 99% share of total imports.

What are the leading importers of natural rubber and gums from Japan?

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In value terms, Thailand ($79K) remains the key foreign market for natural rubber and gum exports from Japan, comprising 52% of total exports. The second position in the ranking was occupied by China ($28K), with a 19% share of total exports. It was followed by Taiwan (Chinese), with a 13% share.

What is the average export price for natural rubber and gums in Japan?

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The average natural rubber and gum export price stood at $1,856 per tonne in 2019, waning by -6.8% against the previous year.

What is the average import price for natural rubber and gums in Japan?

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The average natural rubber and gum import price stood at $2,712 per tonne in 2019, waning by -18.1% against the previous year.