Japanese used tire market trend in January
It became in March since today, which means Japanese spring started. However, we are afraid of the geological risks in Europe and we all hope it will become stable soon.
Since January, we could continuously load used tire containers to Asian and South American countries. Then, how is the entire export number from Japan?
Today, I will update the used tire market information of Japanese export in January and you can see the trends from Japan to your country. This chart explains the export trends to some nations that are our main targets from last January to this year of that.
As I explained here before, our export’s highest season is November to December because of the largest used tire volume in the whole year. Especially, Myanmar and Malaysia are noteworthy. Their volume last year was not as high as this year. COVID affected huge negative impacts on the markets and their used tire demands were declined. It showed the global economy became recovered from the pandemic dramatically. However, all nations including both nations dropped in this January, which is maybe because of the back action from the large purchase. Though the geological risk could cause a further negative impact on the future economy, we will expect the number of used tire containers can be grown this month.
In fact, we will have the second-highest season since this month. Do you know the reason? I will update it on the next blog.