Industry News

Japan’s aluminium rolled product shipments in 2023 fall to a 20-year low

Views : 193
Update time : 2024-02-01 16:16:50

According to the data shared by the Japan Aluminium Association, aluminium rolled product shipments in 2023 declined year-on-year by 6.5 per cent, reaching the lowest point in the past 20 years. The shipment volume through the year totalled 1,707,547 tonnes, falling below the levels observed during the COVID-19 disaster and the Lehman shock period in 2009, when the shipment volume was 1.72 million tonnes and 1.74 million tonnes, respectively.
Over the past six years, Japan’s aluminium rolled products shipment stood below 2 million tonnes. The downfall in Japan’s rolled product shipment in 2023 could be attributed to the slow production of construction materials and materials used for electronic communication equipment. The surge in automotive materials production, surpassing 200,000 tonnes for the first time in recorded history, could not rescue the rolled products shipment.

Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern