Japan: Talcum Powder Market 2024

Talcum Powder Market Size in Japan

In 2021, the Japanese talcum powder market decreased by -5.2% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption continues to indicate a mild curtailment. Talcum powder consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Talcum Powder Production in Japan

In value terms, talcum powder production fell to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 16% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Talcum Powder Exports

Exports from Japan

After two years of decline, shipments abroad of talcum powder and other powders for cosmetic use increased by 3.5% to X tons in 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 23%. Over the period under review, the exports hit record highs at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, talcum powder exports skyrocketed to $X in 2021. In general, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Hong Kong SAR (X tons) and South Korea (X tons) were the main destinations of talcum powder exports from Japan, with a combined 74% share of total exports. Taiwan (Chinese), the United States, Singapore, the Philippines and Thailand lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +43.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for talcum powder exported from Japan were China ($X), Hong Kong SAR ($X) and South Korea ($X), with a combined 82% share of total exports. Singapore, Taiwan (Chinese), the United States, Thailand and the Philippines lagged somewhat behind, together accounting for a further 12%.

The Philippines, with a CAGR of +34.0%, recorded the highest rates of growth with regard to 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

The average talcum powder export price stood at $X per ton in 2021, surging by 40% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to the Philippines ($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 Hong Kong SAR (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Talcum Powder Imports

Imports into Japan

In 2021, purchases abroad of talcum powder and other powders for cosmetic use increased by 12% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, showed a slight descent. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, talcum powder imports rose significantly to $X in 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Korea (X tons), China (X tons) and Italy (X tons) were the main suppliers of talcum powder imports to Japan, with a combined 79% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +8.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest talcum powder suppliers to Japan were South Korea ($X), France ($X) and Italy ($X), together comprising 80% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +14.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average talcum powder import price stood at $X per ton in 2021, almost unchanged from the previous year. Over the last nine years, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2019 an increase of 10% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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