Japan: Agglomerated Powder Rod Market 2025

Agglomerated Powder Rod Market Size in Japan

For the third consecutive year, the Japanese agglomerated powder rod market recorded decline in sales value, which decreased by -2.9% to $X in 2021. In general, consumption recorded a slight curtailment. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Agglomerated Powder Rod Production in Japan

In value terms, agglomerated powder rod production reduced slightly to $X in 2021 estimated in export price. Overall, production recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 19%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Agglomerated Powder Rod Exports

Exports from Japan

After three years of decline, shipments abroad of base metal wire and rods of agglomerated base powder increased by 271% to X tons in 2021. In general, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, agglomerated powder rod exports surged to $X in 2021. Overall, total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Thailand (X tons) and Hong Kong SAR (X tons) were the main destinations of agglomerated powder rod exports from Japan, together accounting for 17% of total exports. These countries were followed by Indonesia, India, the United States, Vietnam, Malaysia, South Korea, Germany, Oman, Mexico and the Philippines, which together accounted for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +77.8%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and Vietnam ($X) appeared to be the largest markets for agglomerated powder rod exported from Japan worldwide, with a combined 30% share of total exports. Hong Kong SAR, the United States, the Philippines, Indonesia, India, Germany, Malaysia, South Korea, Mexico and Oman lagged somewhat behind, together comprising a further 30%.

In terms of the main countries of destination, Oman, with a CAGR of +51.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average agglomerated powder rod export price stood at $X per ton in 2021, with a decrease of -43.3% against the previous year. In general, the export price showed a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 9.4%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Philippines ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Agglomerated Powder Rod Imports

Imports into Japan

In 2021, overseas purchases of base metal wire and rods of agglomerated base powder increased by 14% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports showed a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by 428%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, agglomerated powder rod imports expanded remarkably to $X in 2021. Overall, imports posted a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 452% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Israel (X tons) constituted the largest supplier of agglomerated powder rod to Japan, accounting for a 47% share of total imports. Moreover, agglomerated powder rod imports from Israel exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sixfold. Vietnam (X tons) ranked third in terms of total imports with a 1.3% share.

From 2012 to 2021, the average annual growth rate of volume from Israel amounted to +58.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-7.8% per year) and Vietnam (+91.7% per year).

In value terms, Israel ($X) constituted the largest supplier of base metal wire and rods of agglomerated base powder to Japan, comprising 36% of total imports. The second position in the ranking was taken by Thailand ($X), with a 6.5% share of total imports. It was followed by Vietnam, with a 1.8% share.

From 2012 to 2021, the average annual growth rate of value from Israel stood at +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-14.8% per year) and Vietnam (+68.0% per year).

Import Prices by Country

In 2021, the average agglomerated powder rod import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 67%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Vietnam ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (-7.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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