Japan: Degras Market 2025

Degras Market Size in Japan

After four years of growth, the Japanese degras market decreased by -10.9% to $X in 2021. In general, consumption recorded a deep slump. Degras consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Degras Production in Japan

In value terms, degras production fell to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt setback. The pace of growth was the most pronounced in 2017 when the production volume increased by 39%. Degras production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Degras Exports

Exports from Japan

In 2021, shipments abroad of degras decreased by -63.3% to X kg, falling for the fourth consecutive year after two years of growth. Over the period under review, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2014 when exports increased by 607%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, degras exports declined notably to $X in 2021. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 119% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

China (X kg), Taiwan (Chinese) (X kg) and South Korea (X kg) were the main destinations of degras exports from Japan, with a combined 95% share of total exports. France lagged somewhat behind, accounting for a further 2.2%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of -13.9%), while shipments for the other leaders experienced a decline.

In value terms, China ($X) remains the key foreign market for degras exports from Japan, comprising 53% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 17% share of total exports. It was followed by France, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-17.0% per year) and France (+0.1% per year).

Export Prices by Country

In 2021, the average degras export price amounted to $X per ton, increasing by 34% against the previous year. Over the period under review, the export price saw significant growth. The most prominent rate of growth was recorded in 2019 an increase of 773%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 China (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.

Degras Imports

Imports into Japan

Degras imports into Japan fell slightly to X tons in 2021, which is down by -2.3% compared with 2020. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of 55%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, degras imports rose rapidly to $X in 2021. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2019 when imports increased by 69% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), the United States (X tons) and Mexico (X tons) were the main suppliers of degras imports to Japan, with a combined 64% share of total imports. Indonesia, South Korea, Peru, Taiwan (Chinese), India, Spain and the UK lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +29.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and Mexico ($X) were the largest degras suppliers to Japan, with a combined 67% share of total imports. These countries were followed by South Korea, Peru, Taiwan (Chinese), Indonesia, India, the UK and Spain, which together accounted for a further 16%.

Indonesia, with a CAGR of +32.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average degras import price stood at $X per ton in 2021, surging by 15% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in 2018 an increase of 35%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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