Japan: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Japan

In 2020, the Japanese unwrought aluminium alloys market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption recorded a perceptible slump. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Unwrought Aluminium Alloys Exports

Exports from Japan

In 2020, overseas shipments of unwrought aluminium alloys were finally on the rise to reach X tons after two years of decline. In general, exports, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, unwrought aluminium alloys exports amounted to $X in 2020. Over the period under review, exports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Thailand (X tons), China (X tons) and South Korea (X tons) were the main destinations of unwrought aluminium alloys exports from Japan, together comprising X% of total exports. These countries were followed by Mexico, Vietnam and Malaysia, which together accounted for a further X 2007 to 2020, the biggest increases were in Mexico (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and South Korea ($X) were the largest markets for unwrought aluminium alloys exported from Japan worldwide, with a combined X% share of total exports. These countries were followed by Mexico, Vietnam and Malaysia, which together accounted for a further X saw the highest growth rate of 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 unwrought aluminium alloys export price stood at $X per ton in 2020, reducing by -X% against the previous year. Over the period under review, the export price showed a slight decrease. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were China ($X per ton) and South Korea ($X per ton), while the average price for exports to Malaysia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced a decline.

Unwrought Aluminium Alloys Imports

Imports into Japan

In 2020, overseas purchases of unwrought aluminium alloys decreased by -X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, unwrought aluminium alloys imports dropped notably to $X in 2020. In general, imports saw a perceptible decline. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Russia (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of unwrought aluminium alloys imports to Japan, together comprising X% of total imports. Nigeria, Australia, Qatar, New Zealand, Malaysia, Taiwan (Chinese), Spain, Italy and South Korea lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest unwrought aluminium alloys suppliers to Japan were the United Arab Emirates ($X), Russia ($X) and China ($X), together accounting for X% of total imports. These countries were followed by Australia, New Zealand, Qatar, Nigeria, Taiwan (Chinese), Malaysia, Spain, Italy and South Korea, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average unwrought aluminium alloys import price amounted to $X per ton, which is down by -X% against the previous year. Overall, the import price saw a perceptible reduction. The growth pace was the most rapid in 2010 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from New Zealand ($X per ton) and Australia ($X per ton), while the price for Nigeria ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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