Japan: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Japan

The Japanese market for cellular plates, sheets and films of polyymers of styrene was estimated at $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption recorded a relatively flat trend pattern. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Japan

In value terms, production of cellular plates, sheets and films of polyymers of styrene reached $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 22%. Over the period under review, production of attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Japan

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene exported from Japan soared to X tons, picking up by 32% compared with the year before. In general, exports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 when exports increased by 580%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene amounted to $X in 2022. Overall, exports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 207% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X tons), Indonesia (X tons) and Vietnam (X tons) were the main destinations of exports of cellular plates, sheets and films of polyymers of styrene from Japan, with a combined 62% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +91.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Indonesia ($X) appeared to be the largest markets for polystyrene cellular plates, sheets and films exported from Japan worldwide, together accounting for 51% of total exports.

Thailand, with a CAGR of +55.0%, recorded the highest growth rate of the value of exports, in terms of 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 export price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, with a decrease of -23% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 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 South Korea ($X per ton), while the average price for exports to the Netherlands ($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 Taiwan (Chinese) (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Japan

Imports of cellular plates, sheets and films of polyymers of styrene into Japan shrank to X tons in 2022, with a decrease of -14.6% on the previous year's figure. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 27% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene shrank rapidly to $X in 2022. In general, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2018 with an increase of 44%. Over the period under review, imports of hit record highs 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 imports of cellular plates, sheets and films of polyymers of styrene to Japan, together accounting for 95% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +2.9%), while purchases for the other leaders experienced a decline.

In value terms, the Philippines ($X), South Korea ($X) and China ($X) constituted the largest polystyrene cellular plates, sheets and films suppliers to Japan, together accounting for 87% of total imports.

Among the main suppliers, China, with a CAGR of +2.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, which is down by -4.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2014 an increase of 16% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then reduced in the following year.

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 the Philippines (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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