Japan: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in Japan

The Japanese coated arc-welding electrode market fell to $X in 2022, with a decrease of X% against the previous year. Overall, consumption saw a deep reduction. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Coated Arc-Welding Electrode Production in Japan

In value terms, coated arc-welding electrode production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Coated Arc-Welding Electrode Exports

Exports from Japan

In 2022, approx. X tons of coated base metal electrodes for electric arc-welding were exported from Japan; growing by X% on the previous year. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, coated arc-welding electrode exports reached $X in 2022. Overall, exports, however, saw a slight downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for coated arc-welding electrode exports from Japan, accounting for a X% share of total exports. Moreover, coated arc-welding electrode exports to Russia exceeded the volume sent to the second major destination, China (X tons), threefold. Hong Kong SAR (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Hong Kong SAR (X% per year).

In value terms, Russia ($X), China ($X) and Hong Kong SAR ($X) constituted the largest markets for coated arc-welding electrode exported from Japan worldwide, with a combined X% share of total exports. South Korea, Kazakhstan and Singapore lagged somewhat behind, together accounting for a further X%.

Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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 2022, the average coated arc-welding electrode export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 South Korea ($X per ton), while the average price for exports to Hong Kong SAR ($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 Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Coated Arc-Welding Electrode Imports

Imports into Japan

In 2022, imports of coated base metal electrodes for electric arc-welding into Japan reduced to X tons, approximately equating the previous year's figure. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, coated arc-welding electrode imports expanded significantly to $X in 2022. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), China (X tons) and the Philippines (X tons) were the main suppliers of coated arc-welding electrode imports to Japan, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, China ($X), South Korea ($X) and the United States ($X) constituted the largest coated arc-welding electrode suppliers to Japan, with a combined X% share of total imports. The Philippines and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Philippines, 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 a decline.

Import Prices by Country

In 2022, the average coated arc-welding electrode import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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