The market is dominated by domestic suppliers, as imports account for 35.6% of total market size in 2023. B2B drives market demand, with B2B spending representing 91.9% of total demand in 2023. Japan has the third largest market size for basic precious and non-ferrous metals regionally, with demand reaching USD83.9 billion in 2023. Mitsubishi Materials Corp is the largest company in Japan, generating 10.6% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 34.2% of total production value in 2023. The total number of companies decreases in 2023, to 3,879 units. The costs of the industry decrease by 0.2% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 7.9% of production value in 2023, the 17th highest regionally. The industry’s exports share decreases in 2023 to 38.6% of total production output. With production value of USD71.2 billion, Japan accounts for 5.5% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Basic Precious and Non-ferrous Metals in Japan: ISIC 272. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Basic Precious and Non-ferrous Metals in Japan: ISIC 272 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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