Updated Jan 12, 2023 02:49

Market for Ceramic Wares For Laboratory Or Technical Uses in Japan

Market Overview
The Japanese market for ceramic wares for laboratory or technical uses dropped to $ in , which is down 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). In general, consumption saw a perceptible descent. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.

In value terms, production of ceramic wares for laboratory or technical uses declined modestly to $ in estimated in export price. Over the period under review, production showed a pronounced contraction. The most prominent rate of growth was recorded in 2013 with an increase of % against the previous year. Production of peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.


Consumption
In , consumption of ceramic wares for laboratory or technical uses in Japan reduced to tons, which is down by -% compared with figures. Over the period under review, consumption showed a perceptible downturn. Consumption of peaked at tons in 2007; however, from 2008 to , consumption failed to regain momentum.

The size of the market for ceramic wares for laboratory or technical uses in Japan fell to $ in , with a decrease of -% 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 saw a pronounced downturn. Consumption of peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for ceramic wares for laboratory or technical uses 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 .


Market Structure
Driven by a growing demand, the share of imports in total supply in Japan increased significantly over the last fifteen years (from % to %). Total import supply of ceramic wares for laboratory or technical uses is expected to rise, though it will be moderately impacted by price increases. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
Japan remains a net importer of ceramic wares for laboratory or technical uses; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.