Japan: Zinc Powder Market 2024

Zinc Powder Market Size in Japan

In 2022, the Japanese zinc powder market increased by X% to $X, rising for the fifth year in a row after three years of decline. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Zinc powder consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Zinc Powder Production in Japan

In value terms, zinc powder production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Zinc Powder Exports

Exports from Japan

After two years of growth, shipments abroad of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) decreased by X% to X tons in 2022. In general, exports showed a noticeable setback. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, zinc powder exports declined slightly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

Indonesia (X tons) was the main destination for zinc powder exports from Japan, with a X% share of total exports. Moreover, zinc powder exports to Indonesia exceeded the volume sent to the second major destination, Thailand (X tons), threefold. China (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Indonesia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and China (X% per year).

In value terms, Indonesia ($X) remains the key foreign market for zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) exports from Japan, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average zinc powder export price amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Thailand ($X per ton) and Brazil ($X per ton), while the average price for exports to China ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

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

Zinc Powder Imports

Imports into Japan

Zinc powder imports into Japan stood at X tons in 2022, leveling off at 2021. In general, imports recorded a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, zinc powder imports soared to $X in 2022. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

South Korea (X tons), Malaysia (X tons) and Thailand (X tons) were the main suppliers of zinc powder imports to Japan, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest zinc powder suppliers to Japan were South Korea ($X), Malaysia ($X) and Thailand ($X), with a combined X% share of total imports.

Malaysia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average zinc powder import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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