Japan: Market for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) 2025

Market Size for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Japan

In 2021, the Japanese market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s decreased by -31.1% to $X, falling for the second consecutive year after three years of growth. In general, consumption faced a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Exports from Japan

In 2021, shipments abroad of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s increased by 85% to X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports recorded prominent growth. The growth pace was the most rapid in 2013 with an increase of 201% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s skyrocketed to $X in 2021. Overall, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +47.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s from Japan, accounting for a 58% share of total exports. Moreover, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s to China exceeded the volume sent to the second major destination, the Philippines (X tons), threefold. Malaysia (X tons) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China stood at +31.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+29.7% per year) and Malaysia (+10.0% per year).

In value terms, the largest markets for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) exported from Japan were China ($X), the Philippines ($X) and Malaysia ($X), together accounting for 81% of total exports. Belarus, Thailand and Vietnam lagged somewhat behind, together comprising a further 15%.

In terms of the main countries of destination, Vietnam, with a CAGR of +32.4%, recorded the highest growth rate of 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

In 2021, the average export price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s amounted to $X per ton, with a decrease of -29.3% against the previous year. In general, the export price saw a deep setback. The growth pace was the most rapid in 2020 an increase of 66% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to China ($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 Vietnam (+21.7%), while the prices for the other major destinations experienced a decline.

Imports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Imports into Japan

In 2021, supplies from abroad of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s was finally on the rise to reach X tons after three years of decline. In general, imports, however, showed a pronounced curtailment. Over the period under review, imports of hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s soared to $X in 2021. Overall, imports, however, showed a slight reduction. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons), South Korea (X tons) and China (X tons) were the main suppliers of imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s to Japan, with a combined 91% share of total imports. These countries were followed by Vietnam, which accounted for a further 7.9%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +159.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Taiwan (Chinese) ($X), South Korea ($X) and China ($X) appeared to be the largest bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) suppliers to Japan, together accounting for 93% of total imports. These countries were followed by Vietnam, which accounted for a further 5.9%.

Vietnam, with a CAGR of +81.4%, saw 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 mixed trend patterns.

Import Prices by Country

In 2021, the average import price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s amounted to $X per ton, picking up by 4.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2018 an increase of 19%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were China ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for Vietnam ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform