Japan: Enamels And Glazes Market 2024

Enamels And Glazes Market Size in Japan

In 2021, the Japanese enamels and glazes market increased by 3.9% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a deep setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Enamels And Glazes Production in Japan

In value terms, enamels and glazes production stood at $X in 2021 estimated in export price. In general, production, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by 23% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Enamels And Glazes Exports

Exports from Japan

In 2021, overseas shipments of vitrifiable enamels and glazes for ceramics, enamelling or glass increased by 71% to X tons, rising for the sixth consecutive year after three years of decline. Overall, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, enamels and glazes exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 69% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand (X tons) was the main destination for enamels and glazes exports from Japan, accounting for a 91% share of total exports. Moreover, enamels and glazes exports to Thailand exceeded the volume sent to the second major destination, China (X tons), more than tenfold. The third position in this ranking was held by Indonesia (X tons), with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume to Thailand amounted to +31.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-10.8% per year) and Indonesia (+18.1% per year).

In value terms, Thailand ($X), Indonesia ($X) and China ($X) constituted the largest markets for enamels and glazes exported from Japan worldwide, with a combined 58% share of total exports.

Among the main countries of destination, Thailand, with a CAGR of -1.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average enamels and glazes export price stood at $X per ton in 2021, waning by -18.8% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Thailand ($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 Vietnam (-1.0%), while the prices for the other major destinations experienced a decline.

Enamels And Glazes Imports

Imports into Japan

In 2021, imports of vitrifiable enamels and glazes for ceramics, enamelling or glass into Japan surged to X tons, with an increase of 20% on 2020 figures. In general, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when imports increased by 27%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, enamels and glazes imports surged to $X in 2021. The total import value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 32%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Italy (X tons) and the UK (X tons) were the main suppliers of enamels and glazes imports to Japan, together accounting for 95% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +11.8%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of vitrifiable enamels and glazes for ceramics, enamelling or glass to Japan, comprising 40% of total imports. The second position in the ranking was held by Italy ($X), with a 5.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.2% per year) and the UK (+9.1% per year).

Import Prices by Country

The average enamels and glazes import price stood at $X per ton in 2021, falling by -2.1% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +9.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, enamels and glazes import price increased by +14.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 83% against the previous year. The import price peaked at $X per ton in 2020, and then shrank modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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