Japan: Common Clay Market 2024

Common Clay Market Size in Japan

The Japanese common clay market dropped to $X in 2022, waning by -8.2% against the previous year. Over the period under review, consumption recorded a abrupt curtailment. Common clay consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Common Clay Production in Japan

In value terms, common clay production dropped to $X in 2022 estimated in export price. In general, production showed a deep downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by 19% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Common Clay Exports

Exports from Japan

In 2022, common clay exports from Japan contracted markedly to X tons, with a decrease of -18.9% on the previous year's figure. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2017 when exports increased by 13%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, common clay exports dropped remarkably to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 7.3%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for common clay exports from Japan, with a 37% share of total exports. Moreover, common clay exports to China exceeded the volume sent to the second major destination, Malaysia (X tons), twofold. The third position in this ranking was held by Denmark (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to -14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-6.6% per year) and Denmark (+42.4% per year).

In value terms, the largest markets for common clay exported from Japan were China ($X), Denmark ($X) and Malaysia ($X), together accounting for 53% of total exports.

Denmark, with a CAGR of +37.5%, 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

The average common clay export price stood at $X per ton in 2022, which is down by -10.3% against the previous year. Over the period under review, the export price showed a mild contraction. The most prominent rate of growth was recorded in 2016 an increase of 45%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Malaysia ($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 Vietnam (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Common Clay Imports

Imports into Japan

In 2022, supplies from abroad of common clay decreased by -26.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a mild contraction. The most prominent rate of growth was recorded in 2014 with an increase of 23%. Imports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, common clay imports declined to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 39%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of common clay to Japan, accounting for a 88% share of total imports. Moreover, common clay imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.4% per year) and India (+23.3% per year).

In value terms, China ($X) constituted the largest supplier of common clay to Japan, comprising 79% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.5% per year) and India (+25.9% per year).

Import Prices by Country

In 2022, the average common clay import price amounted to $X per ton, rising by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 30% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 the United States ($X per ton), while the price for India ($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 United States (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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