Japan: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Japan

The Japanese market for tiles, flagstones and similar articles of cement, concrete or artificial stone expanded slightly to $X in 2021, increasing by 2% 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, however, recorded a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from Japan

In 2021, overseas shipments of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by 57% to X tons, rising for the second year in a row after two years of decline. Overall, exports recorded prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of 130% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone skyrocketed to $X in 2021. Over the period under review, exports showed a resilient increase. The pace of growth appeared the most rapid in 2015 when exports increased by 112% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

China (X tons), South Korea (X tons) and the United States (X tons) were the main destinations of exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Japan, with a combined 80% share of total exports. These countries were followed by Thailand, Canada and Taiwan (Chinese), which together accounted for a further 16%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +5,012.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Thailand ($X) were the largest markets for tiles, flagstones and similar articles of cement, concrete or artificial stone exported from Japan worldwide, with a combined 73% share of total exports. These countries were followed by South Korea, Canada and Taiwan (Chinese), which together accounted for a further 24%.

Canada, with a CAGR of +4,586.2%, saw 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 export price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2021, growing by 2% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2014 an increase of 53% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Thailand ($X per ton), while the average price for exports to South Korea ($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 the United States (-2.1%), while the prices for the other major destinations experienced a decline.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into Japan

In 2021, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone into Japan expanded notably to X tons, with an increase of 6.6% compared with the year before. Over the period under review, imports, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2019 with an increase of 34%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone rose sharply to $X in 2021. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 40% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Malaysia (X tons) and Vietnam (X tons) were the main suppliers of imports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Japan, together accounting for 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +8.5%), while purchases for the other leaders experienced a decline.

In value terms, China ($X), Malaysia ($X) and Vietnam ($X) constituted the largest tiles, flagstones and similar articles of cement, concrete or artificial stone suppliers to Japan, together comprising 88% of total imports.

Vietnam, with a CAGR of +6.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, almost unchanged from the previous year. Overall, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 4.2%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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