On January 26, the Japan Rubber Manufacturers Association (JRMA) announced its forecast for new rubber consumption in 2023 and 2024. According to the report, both Japanese domestic shipments and exports, on a rubber volume basis, of mainstay automotive tires in 2023 will be lower than in 2022. For industrial products, although the recovery of automobile production was a positive factor,...
The Japan Construction Equipment Manufacturers Association (CEMA) recently announced its forecast for construction machinery demand in fiscal 2023 (April 2023-March 2024), with shipments expected to reach a record 3.05 trillion yen ($23.14 billion), up 341.5 billion yen from the previous forecast announced in August 2022. This would be the first time for the value of shipments to exceed 3 trillion...
The Japan Rubber Manufacturers Association (JRMA) has released its estimate for new rubber consumption in 2022 and its forecast for 2023. According to the report, in 2022, both Japanese domestic shipments and exports of mainstay automotive tires exceeded the previous year’s levels on a unit basis, but on a rubber volume basis, they were slightly below the previous year’s levels....
The Japan Automobile Tire Manufacturers Association (JATMA) recently announced its forecast for Japanese demand for automotive tires in 2022 and 2023. According to the report, demand for tires for new vehicles, replacement tires, and tires for motorcycles is expected to exceed that of 2021 in 2022, totaling 181.88 million tires, a 2 percent increase over 2021. Meanwhile, 2023 is expected...
The Japan Rubber Manufacturers Association (JRMA) has released its forecast for rubber hose demand in 2022. According to the JRMA forecast, the slump in demand emanating from the pandemic will rebound next year, and production volume for new rubber products will rise for the first time in three years. Rubber hose demand for bicycles and high-pressure hoses has risen thanks...
The Japan Automobile Tyre Manufacturers Association (JATMA) has revealed its mid-year revised forecast for domestic tire demand, with the association increasing its projections for a number of markets. According to the JATMA report, aftermarket demand for passenger car summer tires was up 8 percent year-on-year for the first half of 2021. With demand for the second half then projected to...
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