Japan: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Japan

The Japanese market for non-plasticised mixed polyvinyl chloride in primary forms declined slightly to $X in 2022, with a decrease of -2.3% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Japan

In value terms, production of non-plasticised mixed polyvinyl chloride in primary forms fell to $X in 2022 estimated in export price. In general, production recorded a mild setback. The pace of growth was the most pronounced in 2016 when the production volume increased by 58%. As a result, production reached the peak level of $X. From 2017 to 2022, production of growth failed to regain momentum.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Japan

In 2022, exports of non-plasticised mixed polyvinyl chloride in primary forms from Japan plummeted to X tons, waning by -30.9% compared with 2021 figures. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 57%. Over the period under review, the exports of attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms declined notably to $X in 2022. Over the period under review, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 30% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

South Korea (X tons), India (X tons) and Mexico (X tons) were the main destinations of exports of non-plasticised mixed polyvinyl chloride in primary forms from Japan, with a combined 71% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +216.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-plasticised mixed polyvinyl chloride in primary forms exported from Japan were South Korea ($X), China ($X) and India ($X), with a combined 54% share of total exports.

South Korea, with a CAGR of +149.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for non-plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, surging by 13% against the previous year. In general, the export price, however, recorded a deep reduction. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to South Korea ($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 Mexico (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Japan

In 2022, approx. X tons of non-plasticised mixed polyvinyl chloride in primary forms were imported into Japan; which is down by -30.8% on 2021 figures. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 27%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms shrank to $X in 2022. Over the period under review, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2014 when imports increased by 35%. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of non-plasticised mixed polyvinyl chloride in primary forms to Japan, accounting for a 49% share of total imports. Moreover, imports of non-plasticised mixed polyvinyl chloride in primary forms from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium amounted to +97.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-14.3% per year) and Taiwan (Chinese) (-9.1% per year).

In value terms, Belgium ($X), France ($X) and China ($X) appeared to be the largest non-plasticised mixed polyvinyl chloride in primary forms suppliers to Japan, together comprising 73% of total imports.

Among the main suppliers, Belgium, with a CAGR of +109.0%, saw the highest rates of growth with regard to 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

The average import price for non-plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, growing by 28% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 China ($X per ton), while the price for Belgium ($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 (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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