Japan: Petroleum Market 2020

Petroleum Market Size in Japan

The revenue of the petroleum market in Japan amounted to $X in 2017, jumping by X% against the previous year. In general, petroleum consumption continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. Japan petroleum consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Petroleum Production in Japan

In 2017, the amount of petroleum produced in Japan stood at X kg, coming down by -X% against the previous year. Overall, petroleum production continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. In that year, the petroleum production attained their peak volume of X tons. From 2009 to 2017, growth of the petroleum production stood at a somewhat lower level.

Petroleum Exports from Japan

In 2017, exports of petroleum from Japan totaled X tons, declining by -X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. In that year, the petroleum exports reached their peak volume of X tons. From 2009 to 2017, growth of the petroleum exports failed to regain its momentum.

In value terms, petroleum exports totaled $X in 2017. In general, petroleum exports continue to indicate a slight increase. In that year, the petroleum exports reached their peak level of $X. From 2009 to 2017, growth of the petroleum exports failed to regain its momentum.

Petroleum Exports by Country from Japan

In 2017, the U.S. (X tons), followed by Russia (X tons), Singapore (X tons), the Netherlands (X tons), South Korea (X tons) and India (X tons) represented the main exporters of petroleum, together committing X% of total exports. China (X tons), Belgium (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Canada (X tons) and Malaysia (X tons) occupied the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Russia ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

The U.S. (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Export Prices by Country in Japan

In 2017, the petroleum export price in Japan amounted to $X per ton, picking up by X% against the previous year. Overall, petroleum export price continues to indicate a mild drop. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. Over the period under review, the export prices for petroleum reached its maximum level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the United Arab Emirates ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Petroleum Imports into Japan

In 2017, approx. X tons of petroleum were imported into Japan; stabilizing at the previous year. In general, petroleum imports continue to indicate a temperate curtailment. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the petroleum imports attained its maximum volume of X tons in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, petroleum imports stood at $X in 2017. Overall, petroleum imports continue to indicate a temperate descent. Over the period under review, the petroleum imports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Petroleum Imports by Country into Japan

The U.S. (X tons) and Singapore (X tons) represented roughly X% of total imports of petroleum in 2017. It was followed by the Netherlands (X tons), creating X% share of total imports. The following importers - Mexico (X tons), Belgium (X tons), Germany (X tons), Malaysia (X tons), France (X tons), China (X tons), the UK (X tons), Indonesia (X tons) and Canada (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest petroleum markets worldwide were the U.S. ($X), Singapore ($X) and the Netherlands ($X), with a combined X% share of total imports. Mexico, Germany, Belgium, France, the UK, Malaysia, Indonesia, China, Japan and Canada lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Malaysia (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Import Prices by Country in Japan

In 2017, the petroleum import price in Japan amounted to $X per ton, rising by X% against the previous year. Overall, petroleum import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when the import prices increased by X% y-o-y. Japan import price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the UK ($X per ton) and Germany ($X per ton), while China ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform