New Materials market report from Business Monitor International: "Japan Metals Report Q1 2014"
Boston, MA -- (SBWIRE) -- 12/25/2013 -- Japan's metal industry is set for slight growth over the coming years, driven by continued reconstruction efforts from the earthquake over two years ago. In addition, the government is pursuing stimulus measures which should given a boost to construction industries. However, given our bearish view on steel prices, as well as the relatively high costs of production in Japan, there will only be modest growth as the economy nears saturation levels.
Over the long term we expect production and consumption trends to fall back to low single figures, in line with growth forecasts for the Japanese economy as a whole. Japan remains one of the largest producers and consumers of these metals, but faces a declining share of world output and demand, as China and up-and-coming India rapidly increase production and consumption in most metals. Although steel prices have dipped since the start of 2012, we expect to see a slight rebound in 2014. We expect steel production to rebound on the back of increased demand as construction efforts get underway, but it will be short-lived, with production growth experiencing a steady decline from 2014-2016.
View Full Report Details and Table of Contents
Overall, we expect production of refined metals to outpace growth in demand, leading to an output surplus over the coming years. Indeed, we expect Japan to become a larger net nickel exporter from 2014. We therefore expect Japan's exports of refined metals to increase, with the primary export market being China, a market we expect to remain reliant on imported metals, at least in the short- to medium-term.
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Materials research reports at Fast Market Research
You may also be interested in these related reports:
- Czech Republic Metals Report Q1 2014
- Australia Metals Report Q1 2014
- China Metals Report Q1 2014
- Romania Metals Report Q1 2014
- Austria Metals Report Q1 2014
- Iran Metals Report Q1 2014
- Turkey Metals Report Q1 2014
- Poland Metals Report Q1 2014
- Egypt Metals Report Q1 2014
- Canada Mining Report Q1 2014
Copyright © 2005-2014 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)