Report Update Nov 1, 2024

Japan - Argon - Market Analysis, Forecast, Size, Trends and Insights

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Japan: Argon Market 2024

Argon Market Size in Japan

The Japanese argon market contracted slightly to $X in 2022, reducing by -4.2% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Argon Production in Japan

In value terms, argon production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 23%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Argon Exports

Exports from Japan

In 2022, overseas shipments of argon decreased by -17.4% to X cubic meters, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of 2,616%. As a result, the exports reached the peak of X cubic meters. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, argon exports shrank notably to $X in 2022. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 220%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X cubic meters), China (X cubic meters) and the Philippines (X cubic meters) were the main destinations of argon exports from Japan, with a combined 93% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +38.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for argon exported from Japan were the United States ($X), Singapore ($X) and China ($X), together comprising 88% of total exports. These countries were followed by the Philippines, which accounted for a further 12%.

The Philippines, with a CAGR of +48.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average argon export price stood at $X per cubic meter in 2022, remaining constant against the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 15,073%. As a result, the export price attained the peak level of $X per cubic meter. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while the average price for exports to China ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Argon Imports

Imports into Japan

In 2022, approx. X cubic meters of argon were imported into Japan; increasing by 2,040% compared with the year before. In general, imports posted significant growth. Imports peaked at X cubic meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, argon imports soared to $X in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 1,336%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X cubic meters) was the main supplier of argon to Japan, with a 97% share of total imports. It was followed by Austria (X cubic meters), with a 3.2% share of total imports.

From 2013 to 2022, the average annual growth rate of volume from China stood at +21.7%.

In value terms, Austria ($X) constituted the largest supplier of argon to Japan, comprising 94% of total imports. The second position in the ranking was held by China ($X), with a 6.5% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from Austria stood at +78.1%.

Import Prices by Country

In 2022, the average argon import price amounted to $X per cubic meter, which is down by -93.5% against the previous year. Overall, the import price continues to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 an increase of 21,606%. The import price peaked at $X per cubic meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per cubic meter), while the price for China amounted to $X per cubic meter.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+160.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for argon in the world?

The countries with the highest volumes of argon consumption in 2021 were the United States, China and India, with a combined 55% share of global consumption. These countries were followed by Brazil, Poland, Japan, Germany, Iran, the UK and Russia, which together accounted for a further 16%.

What are the largest producers of argon in the world?

The countries with the highest volumes of argon production in 2021 were the United States, China and India, with a combined 56% share of global production. These countries were followed by Brazil, Germany, Poland, Japan, Iran, the Netherlands and the UK, which together accounted for a further 17%.

What are the leading suppliers of argon to Japan?

In value terms, Austria constituted the largest supplier of argon to Japan, comprising 78% of total imports. The second position in the ranking was occupied by China, with a 17% share of total imports. It was followed by Singapore, with a 2% share.

What are the leading importers of argon from Japan?

In value terms, Hong Kong SAR, Taiwan Chinese) and China were the largest markets for argon exported from Japan worldwide, with a combined 62% share of total exports. These countries were followed by Malaysia, Vietnam and Thailand, which together accounted for a further 13%.

What is the average export price for argon in Japan?

The average argon export price stood at $3.1 per cubic meter in 2021, waning by -69.7% against the previous year.

What is the average import price for argon in Japan?

In 2021, the average argon import price amounted to $0.3 per cubic meter, waning by -98.7% against the previous year.

This report provides an in-depth analysis of the argon 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 20111120 - Argon

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
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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023