The market is dominated by domestic suppliers, as imports account for 36.8% of total market size in 2023. B2B drives market demand, with B2B spending representing 100.0% of total demand in 2023. Japan has the sixth largest market size for quarrying of stone, sand and clay regionally, with demand reaching USD4.2 billion in 2023. Nittetsu Mining Co Ltd is the largest company in Japan, generating 24.2% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 42.9% of total production value in 2023. The total number of companies increases in 2023, to 1,858 units. The costs of the industry decrease by 3.2% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 12.2% of production value in 2023, the 19th highest regionally. The industry’s exports share decreases in 2023 to 7.2% of total production output. With production value of USD2.1 billion, Japan accounts for 0.7% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Quarrying of Stone, Sand and Clay in Japan: ISIC 14. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Quarrying of Stone, Sand and Clay in Japan: ISIC 14 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Non-metalic Mineral Products is an aggregation of Quarrying of Stone, Sand and Clay; Cement, Stone and Ceramic Products; Glass and Glass Prodcuts.
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