Updated Jan 3, 2023 05:03

Market for Roofing Tiles, Chimney-Pots, Cowls, Chimney Liners in Japan

Market Overview
The Japanese market for roofing tiles, chimney-pots, cowls, chimney liners dropped modestly to $ in , remaining constant 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). In general, consumption, however, saw a deep setback. As a result, consumption reached the peak level of $. From 2012 to , the growth of the market remained at a somewhat lower figure.

In value terms, production of roofing tiles, chimney-pots, cowls, chimney liners shrank to $ in estimated in export price. Over the period under review, production, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2011 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2012 to , production of growth remained at a somewhat lower figure.


Consumption
In , consumption of roofing tiles, chimney-pots, cowls, chimney liners in Japan amounted to units, standing approx. at figures. In general, consumption, however, recorded a abrupt decrease. Consumption of peaked at units in 2007; however, from 2008 to , consumption remained at a lower figure.

The value of the market for roofing tiles, chimney-pots, cowls, chimney liners in Japan shrank modestly to $ in , approximately reflecting 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, however, continues to indicate a abrupt decrease. As a result, consumption reached the peak level of $. From 2012 to , the growth of the market remained at a somewhat lower figure.


Market Forecast
Depressed by shrinking demand for roofing tiles, chimney-pots, cowls, chimney liners in Japan, the market is expected to continue its downward consumption trend over the next eight years. 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 units 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
Over the period under review, imports of roofing tiles, chimney-pots, cowls, chimney liners in Japan were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for roofing tiles, chimney-pots, cowls, chimney liners.


Trade Balance
Japan remains a net exporter of roofing tiles, chimney-pots, cowls, chimney liners; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.