Japan - Radio Receivers For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingJapan Sees An 8% Rise in Vehicle Radio Imports, Reaching $78 Million in 2023
Japan Vehicle Radio Imports
In 2023, purchases abroad of radio receivers for motor vehicles increased by 43% to 799K units, rising for the second year in a row after three years of decline. In general, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2015 with an increase of 100% against the previous year. Imports peaked at 1.2M units in 2018; however, from 2019 to 2023, imports failed to regain momentum.
In value terms, vehicle radio imports rose notably to $78M (IndexBox estimates) in 2023. Overall, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2015 when imports increased by 105% against the previous year. Over the period under review, imports attained the peak figure at $117M in 2017; however, from 2018 to 2023, imports failed to regain momentum.
| COUNTRY | Import Value of Vehicle Radio in Japan (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Malaysia | 8.0 | 16.0 | 41.1 | 54.2 | 73.9 | 69.5 | 72.9 | 52.4 | 36.9 | 48.7 | 61.4 |
| Thailand | 1.2 | 4.1 | 22.0 | 15.8 | 9.9 | 16.6 | 20.4 | 16.1 | 18.4 | 12.7 | 11.4 |
| Portugal | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.2 | 0.1 | 1.4 | 2.3 |
| China | 20.3 | 22.8 | 26.0 | 29.2 | 29.9 | 25.3 | 9.2 | 3.3 | 2.6 | 1.9 | 1.4 |
| Taiwan (Chinese) | 0.6 | 0.4 | 1.0 | 1.2 | 0.7 | 1.8 | 3.1 | 2.8 | 5.1 | 6.2 | 0.7 |
| Others | 0.9 | 0.7 | 0.6 | 1.4 | 2.7 | 3.9 | 3.3 | 0.9 | 1.8 | 0.9 | 0.4 |
| Total | 31.0 | 44.1 | 90.6 | 102 | 117 | 117 | 109 | 76.7 | 65.0 | 71.7 | 77.6 |
Imports by Country
In 2023, Malaysia (668K units) constituted the largest vehicle radio supplier to Japan, with a 84% share of total imports. Moreover, vehicle radio imports from Malaysia exceeded the figures recorded by the second-largest supplier, Thailand (89K units), eightfold. The third position in this ranking was taken by Portugal (24K units), with a 3% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from Malaysia amounted to +22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+21.2% per year) and Portugal (+26.6% per year).
In value terms, Malaysia ($61M) constituted the largest supplier of radio receivers for motor vehicles to Japan, comprising 79% of total imports. The second position in the ranking was taken by Thailand ($11M), with a 15% share of total imports. It was followed by Portugal, with a 3% share.
From 2013 to 2023, the average annual rate of growth in terms of value from Malaysia totaled +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+25.2% per year) and Portugal (+25.0% per year).
Import Prices by Country
In 2023, the vehicle radio price stood at $97 per unit (CIF, Japan), declining by -24.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices attained the maximum at $128 per unit in 2022, and then fell significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($194 per unit), while the price for Malaysia ($92 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the vehicle radio market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26401290 - Radio receivers for motor vehicles, n.e.c.
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
