Japan - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingJuly 2023 Sees a $12M Surge in Japan's Mineral Wool Exports
Japan Mineral Wool Exports
In July 2023, approximately 685 tons of slag wool, rock wool and similar mineral wools and mixtures were exported from Japan; jumping by 32% on June 2023. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when exports increased by 50% month-to-month.
In value terms, mineral wool exports surged to $12M (IndexBox estimates) in July 2023. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 with an increase of 49% against the previous month.
| COUNTRY | Export Value of Mineral Wool in Japan (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
| Germany | 4.1 | 4.1 | 1.8 | 2.9 | 0.5 | 3.2 | 3.6 | 1.9 | 1.6 | 2.6 | 2.2 | 1.7 | 2.6 |
| China | 1.5 | 1.5 | 1.0 | 1.7 | 3.5 | 2.2 | 0.7 | 2.4 | 2.2 | 4.4 | 5.7 | 1.7 | 2.5 |
| South Korea | 2.4 | 1.6 | 1.0 | 2.8 | 3.3 | 3.0 | 3.6 | 3.0 | 3.5 | 2.0 | 1.7 | 1.9 | 2.3 |
| Hungary | 1.8 | 1.2 | 0.8 | 1.1 | 0.8 | 0.8 | 1.4 | 0.8 | 0.6 | 1.1 | 1.0 | 1.1 | 1.7 |
| United States | 1.0 | 1.0 | 1.5 | 1.1 | 1.4 | 1.3 | 1.0 | 1.0 | 1.3 | 1.4 | 1.6 | 1.9 | 1.6 |
| Netherlands | 0.5 | 0.6 | 0.5 | 0.7 | 0.7 | 0.9 | 0.6 | 0.5 | 1.4 | 0.8 | 0.6 | 0.7 | 1.1 |
| Indonesia | < 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.3 | < 0.1 | 0.2 |
| Others | 1.2 | 1.0 | 0.8 | 0.6 | 0.5 | 0.4 | 0.6 | 1.0 | 0.8 | 1.9 | 0.8 | 0.4 | 0.6 |
| Total | 12.5 | 11.2 | 7.5 | 11.2 | 10.9 | 11.8 | 11.5 | 10.8 | 11.6 | 14.4 | 14.0 | 9.4 | 12.5 |
Exports by Country
South Korea (165 tons), China (161 tons) and Germany (131 tons) were the main destinations of mineral wool exports from Japan, together accounting for 67% of total exports. These countries were followed by Hungary, the Netherlands, the United States and Indonesia, which together accounted for a further 25%.
From July 2022 to July 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +5.0%), while the other leaders experienced more modest paces of growth.
In value terms, Germany ($2.6M), China ($2.5M) and South Korea ($2.3M) appeared to be the largest markets for mineral wool exported from Japan worldwide, with a combined 59% share of total exports. Hungary, the United States, the Netherlands and Indonesia lagged somewhat behind, together accounting for a further 37%.
the Netherlands, with a CAGR of +7.2%, saw the highest growth rate of the value of exports, in terms of 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 July 2023, the mineral wool price stood at $18,240 per ton (FOB, Japan), remaining constant against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 20% against the previous month. As a result, the export price reached the peak level of $22,798 per ton. From February 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($45,854 per ton), while the average price for exports to the Philippines ($2,081 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the mineral wool market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
