Japan: Acyclic Hydrocarbons Market 2022

Acyclic Hydrocarbons Market Size in Japan

In 2020, the Japanese acyclic hydrocarbons market increased by X% to $X, rising for the second consecutive year after eight years of decline. In general, consumption, however, continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2011 to 2020, the growth of the market failed to regain the momentum.

Acyclic Hydrocarbons Production in Japan

In value terms, acyclic hydrocarbons production reduced to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

Acyclic Hydrocarbons Exports

Exports from Japan

Acyclic hydrocarbons exports from Japan fell to X tons in 2020, dropping by -X% compared with the year before. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, exports reached the peak of X tons. from 2014 to 2020, the growth exports failed to regain the momentum.

In value terms, acyclic hydrocarbons exports shrank notably to $X in 2020. Overall, exports, however, continue to indicate notable growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2014 to 2020, the growth exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for acyclic hydrocarbons exports from Japan, accounting for a X% share of total exports. Moreover, acyclic hydrocarbons exports to China exceeded the volume sent to the second major destination, South Korea (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-X% per year) and Taiwan (Chinese) (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-X% per year) and Taiwan (Chinese) (+X% per year).

Export Prices by Country

In 2020, the average acyclic hydrocarbons export price amounted to $X per ton, which is down by -X% against the previous year. Overall, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2020, the highest prices were recorded for prices to South Korea ($X per ton) and China ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced a decline.

Acyclic Hydrocarbons Imports

Imports into Japan

In 2020, approx. X tons of acyclic hydrocarbons were imported into Japan; growing by X% on the year before. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. from 2016 to 2020, the growth imports failed to regain the momentum.

In value terms, acyclic hydrocarbons imports expanded remarkably to $X in 2020. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

South Korea (X tons), the U.S. (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of acyclic hydrocarbons imports to Japan, together accounting for X% of total imports. These countries were followed by Canada, which accounted for a further X 2007 to 2020, the biggest increases were in Canada (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the U.S. ($X) and Taiwan (Chinese) ($X) constituted the largest acyclic hydrocarbons suppliers to Japan, together comprising X% of total imports. These countries were followed by Canada, which accounted for a further X (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of 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 acyclic hydrocarbons import price stood at $X per ton in 2020, approximately equating the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Canada ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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