Japan: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Japan

The Japanese vulcanised rubber mats market soared to $X in 2021, jumping by 23% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level in 2021 and is likely to continue growth in the immediate term.

Vulcanised Rubber Mats Exports

Exports from Japan

In 2021, the amount of floor coverings and mats of vulcanised rubber exported from Japan skyrocketed to X tons, with an increase of 56% compared with 2020. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 64%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, vulcanised rubber mats exports soared to $X in 2021. Overall, exports, however, showed a slight shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Thailand (X tons) and China (X tons) were the main destinations of vulcanised rubber mats exports from Japan, with a combined 57% share of total exports. These countries were followed by Brazil, Indonesia, Taiwan (Chinese), India, Belgium, the Philippines and Australia, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +49.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vulcanised rubber mats exported from Japan were the United States ($X), Thailand ($X) and Taiwan (Chinese) ($X), with a combined 54% share of total exports. China, Indonesia, Belgium, the Philippines, Brazil, India and Australia lagged somewhat behind, together comprising a further 31%.

Belgium, with a CAGR of +43.5%, recorded the highest rates of growth with regard to 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 2021, the average vulcanised rubber mats export price amounted to $X per ton, dropping by -7.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 34%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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 Taiwan (Chinese) ($X per ton), while the average price for exports to India ($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 Taiwan (Chinese) (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into Japan

After three years of decline, overseas purchases of floor coverings and mats of vulcanised rubber increased by 21% to X tons in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 40%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, vulcanised rubber mats imports skyrocketed to $X in 2021. In general, total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, 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.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vulcanised rubber mats to Japan, accounting for a 43% share of total imports. Moreover, vulcanised rubber mats imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by Malaysia (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.2% per year) and Malaysia (+0.3% per year).

In value terms, China ($X) constituted the largest supplier of floor coverings and mats of vulcanised rubber to Japan, comprising 33% of total imports. The second position in the ranking was held by Malaysia ($X), with a 15% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+3.0% per year) and Germany (+11.4% per year).

Import Prices by Country

In 2021, the average vulcanised rubber mats import price amounted to $X per ton, rising by 2.3% against the previous year. In general, the import price, however, recorded a mild decrease. The pace of growth was the most pronounced in 2016 an increase of 8.8% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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