Japan: Lead Market 2024

Lead Market Size in Japan

The Japanese lead market reduced to $X in 2022, falling by -6.5% against the previous year. In general, consumption saw a noticeable decrease. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Lead Production in Japan

In value terms, lead production reduced modestly to $X in 2022 estimated in export price. In general, production saw a noticeable decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by 23%. Lead production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Lead Exports

Exports from Japan

In 2022, exports of lead from Japan expanded significantly to X tons, surging by 11% against 2021 figures. Over the period under review, exports recorded measured growth. The growth pace was the most rapid in 2020 when exports increased by 124%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, lead exports rose markedly to $X in 2022. In general, exports showed a tangible increase. The growth pace was the most rapid in 2018 when exports increased by 106%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Taiwan (Chinese) (X tons), Thailand (X tons) and South Korea (X tons) were the main destinations of lead exports from Japan, together accounting for 74% of total exports. Vietnam, China, Malaysia, India and Indonesia lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +47.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Thailand ($X) and South Korea ($X) were the largest markets for lead exported from Japan worldwide, with a combined 74% share of total exports. Vietnam, Malaysia, China, India and Indonesia lagged somewhat behind, together comprising a further 24%.

Among the main countries of destination, Malaysia, with a CAGR of +47.0%, 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

The average lead export price stood at $X per ton in 2022, reducing by -2.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 23% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($X per ton) and Thailand ($X per ton), while the average price for exports to China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Lead Imports

Imports into Japan

In 2022, overseas purchases of lead decreased by -8.4% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports showed a pronounced reduction. The pace of growth appeared the most rapid in 2017 with an increase of 53%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, lead imports reduced slightly to $X in 2022. Overall, imports continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2017 when imports increased by 91% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), Australia (X tons) and South Korea (X tons) were the main suppliers of lead imports to Japan, together comprising 64% of total imports. China, India, Vietnam, Myanmar and the UK lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +50.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Australia ($X) and South Korea ($X) were the largest lead suppliers to Japan, with a combined 60% share of total imports. China, Vietnam, India, Myanmar and the UK lagged somewhat behind, together accounting for a further 37%.

Myanmar, with a CAGR of +81.6%, saw the highest rates of growth with regard to 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 lead import price stood at $X per ton in 2022, rising by 4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($X per ton) and the UK ($X per ton), while the price for Taiwan (Chinese) ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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