Japan: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2021

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Japan

The Japanese market for iron, steel or aluminium reservoirs, tanks, vats and similar containers fell to $X in 2020, waning by -X% against the previous year. Over the period under review, consumption, however, recorded a mild decline. The growth pace was the most rapid in 2009 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2010 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Japan

In value terms, iron, steel or aluminium reservoir production dropped slightly to $X in 2020 estimated in export prices. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. As a result, production attained the peak level of $X. from 2010 to 2020, production growth remained at a lower figure.

Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports from Japan

In 2020, iron, steel or aluminium reservoir exports from Japan declined notably to X tons, with a decrease of -X% on 2019 figures. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2009 when exports increased by X% against the previous year. As a result, exports attained the peak of X tons. from 2010 to 2020, the growth exports failed to regain the momentum.

In value terms, iron, steel or aluminium reservoir exports declined remarkably to $X in 2020. Overall, exports recorded a deep downturn. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2010 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The U.S. (X tons), Thailand (X tons) and Taiwan (Chinese) (X tons) were the main destinations of iron, steel or aluminium reservoir exports from Japan, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the U.S., while exports for the other leaders experienced a decline.

In value terms, the U.S. ($X) emerged as the key foreign market for iron, steel or aluminium reservoir exports from Japan, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and South Korea (-X% per year).

Export Prices by Country

The average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per ton in 2020, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The export price peaked at $X per ton in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports into Japan

In 2020, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers into Japan dropped dramatically to X tons, with a decrease of -X% on 2019. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, iron, steel or aluminium reservoir imports reduced rapidly to $X in 2020. In general, imports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2019, and then fell dramatically in the following year.

Imports by Country

China (X tons), South Korea (X tons) and Vietnam (X tons) were the main suppliers of iron, steel or aluminium reservoir imports to Japan, together accounting for X% of total imports. The U.S., Israel, Taiwan (Chinese) and Thailand lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of iron, steel or aluminium reservoir to Japan, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and South Korea (-X% per year).

Import Prices by Country

The average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per ton in 2020, growing by X% against the previous year. Overall, import price indicated prominent growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, iron, steel or aluminium reservoir import price increased by +X% against 2011 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :