Japan: Market for Extruded Solid Rubber Rods And Profiles 2025

Market Size for Extruded Solid Rubber Rods And Profiles in Japan

The Japanese extruded solid rubber rod market rose slightly to $X in 2022, growing by 2.4% against the previous year. Overall, consumption continues to indicate a abrupt setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Extruded Solid Rubber Rods And Profiles in Japan

In value terms, extruded solid rubber rod production expanded to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 20%. Extruded solid rubber rod production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Extruded Solid Rubber Rods And Profiles

Exports from Japan

In 2022, the amount of extruded solid rubber rods and profiles exported from Japan dropped to X tons, declining by -5.2% on the year before. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, extruded solid rubber rod exports shrank to $X in 2022. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year. Over the period under review, the exports 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), Australia (X tons) and the United States (X tons) were the main destinations of extruded solid rubber rod exports from Japan, together comprising 38% of total exports. Indonesia, China, Singapore, Vietnam, New Zealand, Ireland, Germany, India, Finland and Mexico lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +39.1%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Australia ($X) were the largest markets for extruded solid rubber rod exported from Japan worldwide, together comprising 43% of total exports. Thailand, Indonesia, Singapore, Vietnam, New Zealand, Germany, Ireland, Finland, India and Mexico lagged somewhat behind, together comprising a further 39%.

Among the main countries of destination, New Zealand, with a CAGR of +25.6%, 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 2022, the average extruded solid rubber rod export price amounted to $X per ton, reducing by -5.3% against the previous year. In general, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 8.5%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Thailand ($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 China (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Extruded Solid Rubber Rods And Profiles

Imports into Japan

In 2022, supplies from abroad of extruded solid rubber rods and profiles increased by 36% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, extruded solid rubber rod imports surged to $X in 2022. In general, imports, however, saw a slight descent. The most prominent rate of growth was recorded in 2018 when imports increased by 28% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of extruded solid rubber rod to Japan, accounting for a 43% share of total imports. Moreover, extruded solid rubber rod imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-4.0% per year) and Taiwan (Chinese) (+3.3% per year).

In value terms, Taiwan (Chinese) ($X), South Korea ($X) and the United States ($X) were the largest extruded solid rubber rod suppliers to Japan, together comprising 44% of total imports. Germany, China, the Philippines, Vietnam, Sweden and Malaysia lagged somewhat behind, together accounting for a further 45%.

In terms of the main suppliers, the Philippines, with a CAGR of +80.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average extruded solid rubber rod import price amounted to $X per ton, with a decrease of -8.3% against the previous year. Overall, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 13%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :