Commodity Market Report
Japan product markets long-term outlook H2 2019
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Report summary
Japan had a deficit of around 576 kb/d of supply of total products versus demand in 2018. The overall deficit position is skewed by large deficits in LPG and naphtha while gasoline, diesel/gasoil and fuel oil were in surplus. Oil product demand has declined by more than 600 kb/d over the past decade to fall to 3.8 million b/d in 2018. As a mature economy pursuing higher efficiency and with aging population, Japan is forecast to see its oil demand fall at an average annual rate of 1.4% between 2019 and 2040. Demand reaches 2.8 million b/d in 2040.
Table of contents
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Fuel quality specifications
- Gasoline
- Kerosene
- Diesel/gasoil
- Fuel oil
- Refinery infrastructure and investments
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Refinery supply
- Biofuels
- Others
Tables and charts
This report includes 6 images and tables including:
- Refineries in Japan
- Refinery throughputs and utilisation
- Non-refinery supply by product
- Non-refinery supply by source
- Historical net product trade
- Product balances – all supply versus demand
What's included
This report contains:
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