Japan: Silicon Market 2024

Silicon Market Size in Japan

The Japanese silicon market contracted sharply to $X in 2023, reducing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a pronounced downturn. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Silicon Exports

Exports from Japan

Silicon exports from Japan declined sharply to X tons in 2023, waning by X% compared with the year before. Overall, exports saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, silicon exports reduced rapidly to $X in 2023. In general, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X tons), China (X tons) and South Korea (X tons) were the main destinations of silicon exports from Japan, with a combined X% share of total exports. Poland, Malaysia and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for silicon exported from Japan were Taiwan (Chinese) ($X), China ($X) and South Korea ($X), with a combined X% share of total exports. Malaysia, Poland and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

Poland, 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 mixed trend patterns.

Export Prices by Country

In 2023, the average silicon export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, showed a mild descent. The most prominent rate of growth was recorded in 2022 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced mixed trend patterns.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Silicon Imports

Imports into Japan

In 2023, the amount of silicon imported into Japan fell rapidly to X tons, which is down by X% compared with 2022 figures. Overall, imports recorded a slight setback. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, silicon imports shrank notably to $X in 2023. In general, imports saw a noticeable reduction. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, China (X tons) constituted the largest silicon supplier to Japan, with a X% share of total imports. Moreover, silicon imports from China exceeded the figures recorded by the second-largest supplier, Norway (X tons), ninefold. The third position in this ranking was held by Brazil (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and Brazil (X% per year).

In value terms, the largest silicon suppliers to Japan were China ($X), the United States ($X) and Norway ($X), together accounting for X% of total imports. Brazil, Australia, Lao People's Democratic Republic and Malaysia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Malaysia, 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 2023, the average silicon import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform