The market is dominated by domestic suppliers, as imports account for 38.7% of total market size in 2022. B2B drives market demand, with B2B spending representing 96.2% of total demand in 2022. Japan has the fourth largest market size for fertilisers and nitrogen compounds regionally, with demand reaching USD6.4 billion in 2022. Katakura & Co-op Agri Co Ltd is the largest company in Japan, generating 8.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 28.8% of total production value in 2022. The total number of companies decreases in 2022, to 457 units. The costs of the industry decrease by 17% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 7.6% of production value in 2022, the 19th highest regionally. The industry’s exports share increases in 2022 to 3.8% of total production output. With production value of USD3.2 billion, Japan accounts for 2.0% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Fertilisers and Nitrogen Compounds in Japan: ISIC 2412. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fertilisers and Nitrogen Compounds in Japan: ISIC 2412 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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