Japan: Aluminium Hydroxide Market 2025

Aluminium Hydroxide Market Size in Japan

In 2022, the Japanese aluminium hydroxide market increased by 34% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +45.5% against 2020 indices. Aluminium hydroxide consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Aluminium Hydroxide Exports

Exports from Japan

In 2022, the amount of aluminium hydroxide exported from Japan shrank to X tons, with a decrease of -12.8% against 2021. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, aluminium hydroxide exports fell to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 35%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main destinations of aluminium hydroxide exports from Japan, with a combined 61% share of total exports. Indonesia, Thailand, the Netherlands, the United States and New Zealand lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +72.2%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, China ($X) remains the key foreign market for aluminium hydroxide exports from Japan, comprising 35% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 12% share of total exports. It was followed by South Korea, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-7.6% per year) and South Korea (-17.9% per year).

Export Prices by Country

In 2022, the average aluminium hydroxide export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price, however, saw resilient growth. The pace of growth was the most pronounced in 2016 an increase of 41%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then fell slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Hydroxide Imports

Imports into Japan

In 2022, after three years of decline, there was significant growth in supplies from abroad of aluminium hydroxide, when their volume increased by 14% to X tons. The total import volume increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 41%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aluminium hydroxide imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2020 indices. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Brazil (X tons), Australia (X tons) and China (X tons) were the main suppliers of aluminium hydroxide imports to Japan, with a combined 93% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +6.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Brazil ($X), Australia ($X) and China ($X) were the largest aluminium hydroxide suppliers to Japan, with a combined 82% share of total imports.

In terms of the main suppliers, Brazil, with a CAGR of +9.9%, recorded 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 2022, the average aluminium hydroxide import price amounted to $X per ton, surging by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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