Japan: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Japan

The Japanese market for ready-mixed concrete and factory made mortars declined to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Ready-Mixed Concrete And Factory Made Mortars in Japan

In value terms, production of ready-mixed concrete and factory made mortars dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. Production of peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from Japan

Exports of ready-mixed concrete and factory made mortars from Japan dropped dramatically to X tons in 2022, which is down by X% against 2021 figures. In general, exports showed a slight reduction. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of ready-mixed concrete and factory made mortars fell dramatically to $X in 2022. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for exports of ready-mixed concrete and factory made mortars from Japan, with a X% share of total exports. Moreover, exports of ready-mixed concrete and factory made mortars to Singapore exceeded the volume sent to the second major destination, Indonesia (X tons), fourfold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Singapore ($X), Indonesia ($X) and Taiwan (Chinese) ($X) were the largest markets for ready-mixed concrete and factory made mortar exported from Japan worldwide, together comprising X% of total exports. China, South Korea, Guam, Bangladesh, Myanmar and Nepal lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, 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 ready-mixed concrete and factory made mortars stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the export price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, 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 South Korea ($X per ton), while the average price for exports to Nepal ($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 China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into Japan

In 2022, supplies from abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed noticeable growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then shrank notably in the following year.

In value terms, imports of ready-mixed concrete and factory made mortars dropped notably to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell remarkably in the following year.

Imports by Country

Belgium (X tons), Malaysia (X tons) and the United States (X tons) were the main suppliers of imports of ready-mixed concrete and factory made mortars to Japan, together comprising X% of total imports. Indonesia, Germany, Spain, Taiwan (Chinese), South Korea, China and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ready-mixed concrete and factory made mortar suppliers to Japan were the United States ($X), Belgium ($X) and Indonesia ($X), with a combined X% share of total imports.

Among the main suppliers, Indonesia, with a CAGR of X%, 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

In 2022, the average import price for ready-mixed concrete and factory made mortars amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ready-mixed concrete and factory made mortars decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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