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Japan - Chromium - Market Analysis, Forecast, Size, Trends and Insights
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Chromium Market Size in Japan
In 2020, the Japanese chromium market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption saw a pronounced slump. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.
Chromium Exports
Exports from Japan
In 2020, after three years of growth, there was significant decline in overseas shipments of chromium, when their volume decreased by -X% to X tons. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Exports peaked at X tons in 2019, and then declined rapidly in the following year.
In value terms, chromium exports declined sharply to $X in 2020. In general, exports saw a notable increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2019, and then declined notably in the following year.
Exports by Country
Taiwan (Chinese) (X tons) was the main destination for chromium exports from Japan, accounting for a X% share of total exports. Moreover, chromium exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, China (X tons), more than tenfold.
From 2007 to 2020, the average annual rate of growth in terms of volume to Taiwan (Chinese) totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Thailand (+X% per year).
In value terms, Taiwan (Chinese) ($X) remains the key foreign market for chromium exports from Japan, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports.
From 2007 to 2020, the average annual growth rate of value to Taiwan (Chinese) amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Thailand (+X% per year).
Export Prices by Country
The average chromium export price stood at $X per ton in 2020, reducing by -X% against the previous year. Over the period under review, the export price, however, posted measured growth. The growth pace was the most rapid in 2008 an increase of X% year-to-year. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, export prices remained at a lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was Thailand ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced mixed trend patterns.
Chromium Imports
Imports into Japan
In 2020, purchases abroad of chromium decreased by -X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a mild contraction. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2020, imports remained at a lower figure.
In value terms, chromium imports declined rapidly to $X in 2020. In general, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.
Imports by Country
Russia (X tons), China (X tons) and France (X tons) were the main suppliers of chromium imports to Japan, together comprising X% of total imports.
From 2007 to 2020, the biggest increases were in Russia, while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest chromium suppliers to Japan were France ($X), Russia ($X) and China ($X), with a combined X% share of total imports.
Among the main suppliers, Russia recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average chromium import price stood at $X per ton in 2020, dropping by -X% against the previous year. Over the period under review, the import price continues to indicate a slight contraction. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the chromium market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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