Japan: Non-Agglomerated Metal Carbides Market 2024

Non-Agglomerated Metal Carbides Market Size in Japan

In 2022, the Japanese non-agglomerated metal carbides market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Agglomerated Metal Carbides Exports

Exports from Japan

In 2022, the amount of non-agglomerated metal carbides mixed together or with metallic binders exported from Japan declined notably to X tons, with a decrease of X% against the year before. Over the period under review, exports showed a pronounced decrease. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-agglomerated metal carbides exports reduced markedly to $X in 2022. In general, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), South Korea (X tons) and the Philippines (X tons) were the main destinations of non-agglomerated metal carbides exports from Japan, together accounting for X% of total exports.

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

In value terms, South Korea ($X) remains the key foreign market for non-agglomerated metal carbides mixed together or with metallic binders exports from Japan, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average non-agglomerated metal carbides export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the United States ($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 (X%), while the prices for the other major destinations experienced a decline.

Non-Agglomerated Metal Carbides Imports

Imports into Japan

In 2022, the amount of non-agglomerated metal carbides mixed together or with metallic binders imported into Japan declined modestly to X tons, dropping by X% compared with 2021 figures. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, non-agglomerated metal carbides imports totaled $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of non-agglomerated metal carbides imports to Japan, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-agglomerated metal carbides suppliers to Japan were the United States ($X), China ($X) and Germany ($X), together comprising X% of total imports.

Among the main suppliers, Germany, with a CAGR of X%, recorded the highest growth rate of 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 non-agglomerated metal carbides import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :