Japan - Platinum Catalysts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJapan: Platinum Catalysts Market 2024
Platinum Catalysts Market Size in Japan
The Japanese platinum catalysts market surged to $X in 2022, jumping by 2,488% against the previous year. In general, consumption posted a significant increase. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in years to come.
Platinum Catalysts Production in Japan
In value terms, platinum catalysts production fell modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 0.7% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.
Platinum Catalysts Exports
Exports from Japan
In 2022, overseas shipments of platinum catalysts were finally on the rise to reach X kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a pronounced decrease. The growth pace was the most rapid in 2019 with an increase of 3,417%. As a result, the exports attained the peak of X kg. From 2020 to 2022, the growth of the exports failed to regain momentum.
In value terms, platinum catalysts exports skyrocketed to $X in 2022. Overall, exports, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2015 when exports increased by 1,208%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
Exports by Country
Germany (X kg) was the main destination for platinum catalysts exports from Japan, with a 61% share of total exports. Moreover, platinum catalysts exports to Germany exceeded the volume sent to the second major destination, the United States (X kg), fourfold. Portugal (X kg) ranked third in terms of total exports with a 13% share.
From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-7.9% per year) and Portugal (0.0% per year).
In value terms, Germany ($X) emerged as the key foreign market for platinum catalysts exports from Japan, comprising 49% of total exports. The second position in the ranking was held by China ($X), with an 18% share of total exports. It was followed by Portugal, with a 16% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+24.8% per year) and Portugal (0.0% per year).
Export Prices by Country
The average platinum catalysts export price stood at $X per kg in 2022, growing by 15% against the previous year. In general, the export price showed a slight increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 281% against the previous year. Over the period under review, the average export prices attained the maximum at $X per kg in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per kg), while the average price for exports to the United States ($X per kg) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+46.2%), while the prices for the other major destinations experienced mixed trend patterns.
Platinum Catalysts Imports
Imports into Japan
In 2022, purchases abroad of platinum catalysts increased by 3,799% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, platinum catalysts imports dropped remarkably to $X in 2022. Over the period under review, imports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
Imports by Country
Germany (X tons) and the UK (X tons) were the main suppliers of platinum catalysts imports to Japan.
From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +64.0%).
In value terms, the largest platinum catalysts suppliers to Japan were Germany ($X) and the UK ($X).
Germany, with a CAGR of +12.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.
Import Prices by Country
In 2022, the average platinum catalysts import price amounted to $X per kg, shrinking by -98.5% against the previous year. Overall, the import price faced a precipitous decline. The most prominent rate of growth was recorded in 2021 an increase of 47%. As a result, import price reached the peak level of $X per kg, and then declined notably in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per kg), while the price for the UK totaled $X per kg.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.6%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the platinum catalysts 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 24413070 - Platinum catalysts in the form of wire cloth or grill
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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