Bauxite Market in Japan
Market Overview
The Japanese bauxite market dropped markedly to $
in , falling by -% 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 faced a deep slump. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption remained at a lower figure.
in , falling by -% 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 faced a deep slump. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption remained at a lower figure.Consumption
In , the amount of bauxite consumed in Japan fell significantly to tons, with a decrease of -% against the year before. Overall, consumption saw a significant decline. Bauxite consumption peaked at tons in 2008; however, from 2009 to , consumption failed to regain momentum.
The size of the bauxite market in Japan fell notably to $ in , waning by -% 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). Over the period under review, consumption recorded a deep slump. Over the period under review, the market attained the maximum level at $ in 2008; however, from 2009 to , consumption failed to regain momentum.
, the amount of bauxite consumed in Japan fell significantly to tons, with a decrease of -% against the year before. Overall, consumption saw a significant decline. Bauxite consumption peaked at tons in 2008; however, from 2009 to , consumption failed to regain momentum.The size of the bauxite market in Japan fell notably to $
in , waning by -% 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). Over the period under review, consumption recorded a deep slump. Over the period under review, the market attained the maximum level at $ in 2008; however, from 2009 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for bauxite in Japan, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Bauxite market in Japan consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, Japan relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.
Trade Balance
Japan remains a net importer of bauxite; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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