Japan: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Japan

The Japanese market for prefabricated buildings of plastics, concrete or aluminium totaled $X in 2021, with an increase of 3.6% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Japan

In value terms, production of prefabricated buildings of plastics, concrete or aluminium fell modestly to $X in 2021 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +59.2% against 2015 indices. The pace of growth was the most pronounced in 2016 with an increase of 28%. Over the period under review, production of attained the peak level at $X in 2020, and then reduced slightly in the following year.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Japan

In 2021, shipments abroad of prefabricated buildings of plastics, concrete or aluminium was finally on the rise to reach X tons after two years of decline. In general, exports showed a notable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 39%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium rose sharply to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 97% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons), the Philippines (X tons) and South Korea (X tons) were the main destinations of exports of prefabricated buildings of plastics, concrete or aluminium from Japan, together comprising 72% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +139.1%), while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Austria ($X) and Taiwan (Chinese) ($X) appeared to be the largest markets for prefabricated buildings of plastics, concrete or aluminium exported from Japan worldwide, together accounting for 50% of total exports.

Austria, with a CAGR of +160.6%, saw the highest growth rate of the value of exports, among 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

The average export price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, falling by -17.4% against the previous year. Overall, the export price saw a perceptible slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 81% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Japan

In 2021, the amount of prefabricated buildings of plastics, concrete or aluminium imported into Japan skyrocketed to X tons, rising by 20% against 2020 figures. In general, imports, however, showed a noticeable decrease. Over the period under review, imports of attained the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a mild descent. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest prefabricated buildings of plastics, concrete or aluminium supplier to Japan, with a 50% share of total imports. Moreover, imports of prefabricated buildings of plastics, concrete or aluminium from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold. The third position in this ranking was taken by Thailand (X tons), with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+3.9% per year) and Thailand (+16.2% per year).

In value terms, China ($X) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to Japan, comprising 41% of total imports. The second position in the ranking was held by South Korea ($X), with a 12% share of total imports. It was followed by Finland, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+6.7% per year) and Finland (-7.8% per year).

Import Prices by Country

The average import price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, growing by 7.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform