Report Update Nov 1, 2024

Japan - Resinoids - Market Analysis, Forecast, Size, Trends and Insights

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Japan: Resinoids Market 2024

Resinoids Market Size in Japan

The Japanese resinoids market declined to $X in 2022, shrinking by -7.7% against the previous year. In general, consumption saw a abrupt decrease. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Resinoids Production in Japan

In value terms, resinoids production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced contraction. The growth pace was the most rapid in 2015 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Resinoids Exports

Exports from Japan

After two years of growth, shipments abroad of resinoids decreased by -98.7% to X kg in 2022. In general, exports saw a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 136%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, resinoids exports shrank notably to $X in 2022. Over the period under review, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2013 when exports increased by 99%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for resinoids exports from Japan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China amounted to +13.1%.

In value terms, China ($X) also remains the key foreign market for resinoids exports from Japan.

From 2012 to 2022, the average annual growth rate of value to China totaled +17.0%.

Export Prices by Country

In 2022, the average resinoids export price amounted to $X per ton, jumping by 325% against the previous year. Over the period under review, the export price posted a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +13.2% per year.

Resinoids Imports

Imports into Japan

For the sixth consecutive year, Japan recorded decline in overseas purchases of resinoids, which decreased by -18.6% to X tons in 2022. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2016 when imports increased by 1.5%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, resinoids imports reduced to $X in 2022. Overall, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 18%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X kg), the United States (X kg) and the UK (X kg) were the main suppliers of resinoids imports to Japan, with a combined 91% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +14.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, France ($X) constituted the largest supplier of resinoids to Japan, comprising 53% of total imports. The second position in the ranking was held by the UK ($X), with an 18% share of total imports. It was followed by the United States, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from France stood at -10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+21.7% per year) and the United States (-16.9% per year).

Import Prices by Country

In 2022, the average resinoids import price amounted to $X per ton, with an increase of 7.1% against the previous year. Over the period under review, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Somalia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for resinoids in the world?

The countries with the highest volumes of in 2021 were China, Spain and the United States, together accounting for 46% of global consumption.

What are the largest producers of resinoids in the world?

The countries with the highest volumes of in 2021 were China, the United States and Spain, with a combined 53% share of global production.

What are the leading suppliers of resinoids to Japan?

In value terms, France constituted the largest supplier of resinoids to Japan, comprising 73% of total imports. The second position in the ranking was occupied by the United States, with a 13% share of total imports. It was followed by the UK, with an 8.2% share.

What are the leading importers of resinoids from Japan?

In value terms, China remains the key foreign market for resinoids exports from Japan.

What is the average export price for resinoids in Japan?

In 2021, the average resinoids export price amounted to $61,693 per ton, surging by 45% against the previous year.

What is the average import price for resinoids in Japan?

The average resinoids import price stood at $42,485 per ton in 2021, with a decrease of -25.3% against the previous year.

This report provides an in-depth analysis of the resinoids 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 20531030 - Resinoids

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023