Japan: Oriented Strandboard (Osb) Market 2024

Oriented Strandboard (Osb) Market Size in Japan

In 2022, the Japanese oriented strandboard (OSB) market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Oriented Strandboard (Osb) Exports

Exports from Japan

In 2022, after six years of growth, there was significant decline in overseas shipments of oriented strandboard (OSB), when their volume decreased by X% to X cubic meters. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X cubic meters in 2021, and then dropped remarkably in the following year.

In value terms, oriented strandboard (OSB) exports contracted remarkably to $X in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced markedly in the following year.

Exports by Country

China (X cubic meters) was the main destination for oriented strandboard (OSB) exports from Japan, accounting for a X% share of total exports. It was followed by the Philippines (X cubic meters), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled X%.

In value terms, China ($X) emerged as the key foreign market for oriented strandboard (OSB) exports from Japan, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%.

Export Prices by Country

The average oriented strandboard (OSB) export price stood at $X per cubic meter in 2022, growing by X% against the previous year. In general, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per cubic meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per cubic meter), while the average price for exports to the Philippines stood at $X per cubic meter.

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 a decline.

Oriented Strandboard (Osb) Imports

Imports into Japan

In 2022, purchases abroad of oriented strandboard (OSB) was finally on the rise to reach X cubic meters for the first time since 2018, thus ending a three-year declining trend. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at X cubic meters in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, oriented strandboard (OSB) imports soared to $X in 2022. The total import value 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.

Imports by Country

In 2022, Canada (X cubic meters) constituted the largest supplier of oriented strandboard (OSB) to Japan, accounting for a X% share of total imports. Moreover, oriented strandboard (OSB) imports from Canada exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), fourfold. Romania (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Romania (X% per year).

In value terms, Canada ($X) constituted the largest supplier of oriented strandboard (OSB) to Japan, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Romania (X% per year).

Import Prices by Country

In 2022, the average oriented strandboard (OSB) import price amounted to $X per cubic meter, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per cubic meter) and Canada ($X per cubic meter), while the price for Germany ($X per cubic meter) and Romania ($X per cubic meter) were amongst the lowest.

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

Source: IndexBox Platform

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