Report Update Nov 1, 2024

Japan - O-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Japan: O-Xylene Market 2024

O-Xylene Market Size in Japan

In 2022, the Japanese o-xylene market decreased by -17.9% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption continues to indicate a pronounced slump. O-xylene consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

O-Xylene Production in Japan

In value terms, o-xylene production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep setback. The pace of growth was the most pronounced in 2021 when the production volume increased by 13% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

O-Xylene Exports

Exports from Japan

In 2022, overseas shipments of o-xylene increased by 15% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports, however, recorded a mild decline. The pace of growth was the most pronounced in 2014 when exports increased by 17% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, o-xylene exports surged to $X in 2022. Overall, exports, however, showed a noticeable curtailment. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for o-xylene exports from Japan, accounting for a 63% share of total exports. Moreover, o-xylene exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, China (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Taiwan (Chinese) stood at +31.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-15.1% per year) and South Korea (+11.1% per year).

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for o-xylene exports from Japan, comprising 63% of total exports. The second position in the ranking was taken by China ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Taiwan (Chinese) totaled +27.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-18.0% per year) and South Korea (+6.8% per year).

Export Prices by Country

In 2022, the average o-xylene export price amounted to $X per ton, growing by 41% against the previous year. In general, the export price, however, continues to indicate a pronounced contraction. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to China ($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 Taiwan (Chinese) (-2.9%), while the prices for the other major destinations experienced a decline.

O-Xylene Imports

Imports into Japan

For the third year in a row, Japan recorded growth in purchases abroad of o-xylene, which increased by 331% to X tons in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, o-xylene imports skyrocketed to $X in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 106% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest o-xylene supplier to Japan, accounting for a approx. 54% share of total imports.

From 2018 to 2022, the average annual rate of growth in terms of volume from Germany totaled +211.3%.

In value terms, Germany ($X) constituted the largest supplier of o-xylene to Japan.

From 2018 to 2022, the average annual growth rate of value from Germany amounted to +96.1%.

Import Prices by Country

In 2022, the average o-xylene import price amounted to $X per ton, with a decrease of -58.4% against the previous year. Overall, the import price faced a significant curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2018 to 2022, the rate of growth in terms of prices for Germany amounted to -37.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-xylene in the world?

The countries with the highest volumes of in 2021 were the UK, China and Singapore, with a combined 33% share of global consumption. Germany, Italy, the United States, Russia, Belgium, South Korea, India, Iran, the Netherlands and Indonesia lagged somewhat behind, together accounting for a further 45%.

What are the largest producers of o-xylene in the world?

The countries with the highest volumes of in 2021 were India, Singapore and the UK, with a combined 45% share of global production.

What are the leading suppliers of o-xylene to Japan?

In value terms, Germany constituted the largest supplier of o-xylene to Japan.

What are the leading importers of o-xylene from Japan?

In value terms, Taiwan Chinese), China and South Korea appeared to be the largest markets for o-xylene exported from Japan worldwide, together comprising 100% of total exports.

What is the average export price for o-xylene in Japan?

The average o-xylene export price stood at $722 per ton in 2021, surging by 24% against the previous year.

What is the average import price for o-xylene in Japan?

In 2021, the average o-xylene import price amounted to $716 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the o-xylene market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141243 - o-Xylene

Country coverage:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023