Japan: Asphalted Paper Market 2025

Asphalted Paper Market Size in Japan

The Japanese asphalted paper market dropped to $X in 2022, which is down by -6.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Asphalted Paper Exports

Exports from Japan

In 2022, the amount of tarred, bituminised or asphalted paper and paperboard exported from Japan shrank notably to X tons, falling by -16.2% on the year before. In general, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 2,467%. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined dramatically in the following year.

In value terms, asphalted paper exports soared to $X in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2018 when exports increased by 5,941%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons) was the main destination for asphalted paper exports from Japan, accounting for a 99% share of total exports. It was followed by Malaysia (X kg), with a 0.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Indonesia stood at +100.3%.

In value terms, Indonesia ($X) remains the key foreign market for tarred, bituminised or asphalted paper and paperboard exports from Japan, comprising 100% of total exports. The second position in the ranking was held by Malaysia ($X), with a 0.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Indonesia stood at +169.2%.

Export Prices by Country

In 2022, the average asphalted paper export price amounted to $X per ton, increasing by 38% against the previous year. Overall, the export price recorded a significant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 135% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 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 Indonesia ($X per ton), while the average price for exports to Malaysia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Asphalted Paper Imports

Imports into Japan

In 2022, approx. X tons of tarred, bituminised or asphalted paper and paperboard were imported into Japan; reducing by -8.3% compared with the previous year's figure. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of 35%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, asphalted paper imports shrank slightly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 29% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Malaysia (X tons) was the main asphalted paper supplier to Japan, with a 97% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 0.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Malaysia amounted to +7.8%.

In value terms, Malaysia ($X) constituted the largest supplier of tarred, bituminised or asphalted paper and paperboard to Japan, comprising 97% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 0.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia amounted to +8.8%.

Import Prices by Country

In 2022, the average asphalted paper import price amounted to $X per ton, rising by 5.1% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asphalted paper import price increased by +3.0% against 2019 indices. The growth pace was the most rapid in 2014 when the average import price increased by 65%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Taiwan (Chinese) totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.9%).

Source: IndexBox Platform

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