Japan: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Japan

In 2021, the Japanese scouring pastes and powders market decreased by -24.6% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Scouring pastes and powders consumption peaked at $X in 2020, and then shrank notably in the following year.

Production of Scouring Pastes And Powders in Japan

In value terms, scouring pastes and powders production reduced to $X in 2021 estimated in export price. Over the period under review, the total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% 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 +60.6% against 2015 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 20%. Over the period under review, production reached the peak level at $X in 2020, and then reduced in the following year.

Exports of Scouring Pastes And Powders

Exports from Japan

In 2021, scouring pastes and powders exports from Japan skyrocketed to X tons, rising by 20% against the previous year. Over the period under review, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +86.1% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, scouring pastes and powders exports soared to $X in 2021. In general, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2020 with an increase of 22%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

South Korea (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main destinations of scouring pastes and powders exports from Japan, together comprising 74% of total exports. These countries were followed by Singapore, the United States, Malaysia and Vietnam, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +60.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for scouring pastes and powders exported from Japan were China ($X), South Korea ($X) and Taiwan (Chinese) ($X), together comprising 76% of total exports. These countries were followed by the United States, Singapore, Malaysia and Vietnam, which together accounted for a further 20%.

The United States, with a CAGR of +56.5%, saw the highest rates of growth with regard to 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

In 2021, the average scouring pastes and powders export price amounted to $X per ton, leveling off at the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2018 an increase of 11% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Vietnam ($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) (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports into Japan

In 2021, after two years of decline, there was significant growth in overseas purchases of scouring pastes and powders, when their volume increased by 15% to X tons. The total import volume increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 30% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, scouring pastes and powders imports soared to $X in 2021. In general, imports, however, showed a noticeable setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of scouring pastes and powders imports to Japan, with a combined 83% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +23.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of scouring pastes and powders to Japan, comprising 55% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.7% per year) and Germany (+8.9% per year).

Import Prices by Country

The average scouring pastes and powders import price stood at $X per ton in 2021, surging by 12% against the previous year. Overall, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 14% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 Taiwan (Chinese) ($X per ton), while the price for Vietnam ($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 (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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