Japan: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in Japan

The Japanese gypsum, anhydrite and limestone market soared to $X in 2021, increasing by 19% against the previous year. Over the period under review, consumption, however, showed a perceptible descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Gypsum, Anhydrite And Limestone in Japan

In value terms, gypsum, anhydrite and limestone production surged to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 21%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Gypsum, Anhydrite And Limestone

Exports from Japan

For the fifth consecutive year, Japan recorded growth in shipments abroad of gypsum, anhydrite and limestone, which increased by 0.5% to X tons in 2021. The total export volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 8.6% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, gypsum, anhydrite and limestone exports amounted to $X in 2021. The total export value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 10% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Taiwan (Chinese) (X tons), South Korea (X tons) and Hong Kong SAR (X tons) were the main destinations of gypsum, anhydrite and limestone exports from Japan, together accounting for 89% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +5.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gypsum, anhydrite and limestone exported from Japan were Taiwan (Chinese) ($X), South Korea ($X) and Australia ($X), with a combined 93% share of total exports. Hong Kong SAR lagged somewhat behind, comprising a further 6.6%.

Hong Kong SAR, with a CAGR of +6.6%, 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

The average gypsum, anhydrite and limestone export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Hong Kong SAR ($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 Hong Kong SAR (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Gypsum, Anhydrite And Limestone

Imports into Japan

In 2021, supplies from abroad of gypsum, anhydrite and limestone decreased by -6.7% to X tons, falling for the third consecutive year after two years of growth. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 19% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, gypsum, anhydrite and limestone imports soared to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Thailand (X tons) constituted the largest gypsum, anhydrite and limestone supplier to Japan, with a 50% share of total imports. Moreover, gypsum, anhydrite and limestone imports from Thailand exceeded the figures recorded by the second-largest supplier, Oman (X tons), threefold. The third position in this ranking was held by Malaysia (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Thailand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (+82.5% per year) and Malaysia (+3.3% per year).

In value terms, Thailand ($X) constituted the largest supplier of gypsum, anhydrite and limestone to Japan, comprising 46% of total imports. The second position in the ranking was held by Malaysia ($X), with a 22% share of total imports. It was followed by Oman, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Thailand amounted to +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+4.7% per year) and Oman (+48.0% per year).

Import Prices by Country

In 2021, the average gypsum, anhydrite and limestone import price amounted to $X per ton, jumping by 25% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Vietnam ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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