The market is dominated by domestic suppliers, as imports account for 1.1% of total market size in 2023. B2B drives market demand, with B2B spending representing 95.9% of total demand in 2023. Japan has the fourth largest market size for casting of metals regionally, with demand reaching USD13.0 billion in 2023. Kobe Steel Ltd is the largest company in Japan, generating 16.8% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 36.7% of total production value in 2023. The total number of companies decreases in 2023, to 6,421 units. The costs of the industry decrease by 1.9% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 5.4% of production value in 2023, the 16th highest regionally. The industry’s exports share decreases in 2023 to 0.8% of total production output. With production value of USD15.1 billion, Japan accounts for 8.2% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Casting of Metals in Japan: ISIC 273. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Casting of Metals in Japan: ISIC 273 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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