Report Update: May 1, 2024

Japan - Safety Fuses, Detonating Fuses And Electric Detonators - Market Analysis, Forecast, Size, Trends And Insights

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Fuse and Detonator Price in Japan - 2023

Fuse and Detonator Price in Japan (CIF) - 2023

The average fuse and detonator import price stood at $187K per ton in September 2023, which is down by -12.4% against the previous month. In general, import price indicated measured growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, fuse and detonator import price increased by +80.7% against July 2023 indices. The growth pace was the most rapid in August 2023 an increase of 106% against the previous month. As a result, import price reached the peak level of $214K per ton, and then dropped in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($452K per ton), while the price for South Korea ($66,992 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+566.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Fuse and Detonator Price in Japan (FOB) - 2023

In September 2023, the average fuse and detonator export price amounted to $281K per ton, growing by 73% against the previous month. In general, the export price enjoyed moderate growth. The growth pace was the most rapid in June 2023 an increase of 246% month-to-month. Over the period under review, the average export prices attained the maximum at $376K per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Mexico ($383K per ton), while the average price for exports to Malaysia stood at $229K per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fuse and Detonator Imports in Japan

In 2022, overseas purchases of safety fuses, detonating fuses and electric detonators increased by 3.6% to 371 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a noticeable slump.

In value terms, fuse and detonator imports contracted to $61M in 2022. Over the period under review, imports, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 5% against the previous year. As a result, imports attained the peak of $66M, and then contracted in the following year.

Import of Fuse and Detonator in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	27.5	23.9	27.1	26.3	-1.5%
Thailand	18.8	21.4	18.5	16.1	-5.0%
Czech Republic	14.8	10.9	13.9	11.9	-7.0%
Canada	1.1	0.7	0.9	1.5	10.9%
Sweden	0.8	0.5	0.5	0.6	-9.1%
South Korea	0.4	0.4	0.5	0.5	7.7%
Others	0.4	5.3	4.8	4.4	122.4%
Total	63.8	63.0	66.2	61.5	-1.2%

Top Suppliers of Fuse and Detonator to Japan in 2022:

Thailand (164.6 tons)
United States (92.1 tons)
Czech Republic (71.3 tons)
Canada (12.2 tons)
South Korea (11.1 tons)
Sweden (6.0 tons)

Fuse and Detonator Exports in Japan

In 2022, shipments abroad of safety fuses, detonating fuses and electric detonators decreased by -2.5% to 38 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 192% against the previous year.

In value terms, fuse and detonator exports fell to $8.2M in 2022. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 680% against the previous year.

Export of Fuse and Detonator in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	N/A	4.1	5.9	4.2	1.2%
Malaysia	N/A	0.8	1.7	1.6	41.4%
Poland	N/A	0.7	0.7	1.5	46.4%
Mexico	N/A	0.6	0.9	0.6	0.0%
United States	0.6	N/A	0.1	0.3	-20.6%
Others	0.2	0.3	0.1	N/A	-29.3%
Total	0.8	6.5	9.3	8.2	117.2%

Top Export Markets for Fuse and Detonator from Japan in 2022:

Poland (14.4 tons)
China (14.2 tons)
Malaysia (6.0 tons)
United States (1.6 tons)
Mexico (1.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fuse and detonator market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20511250 - Safety fuses, detonating fuses
Prodcom 20511270 - Percussion or detonating caps, igniters and electric detonators

Country coverage:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023