Japan - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJapan's November 2023 Import of Wire and Cable Drops to $760M
Japan Wire And Cable Imports
In November 2023, approximately 37K tons of insulated wire and cable were imported into Japan; reducing by -1.6% on October 2023. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when imports increased by 21% against the previous month.
In value terms, wire and cable imports reduced to $760M (IndexBox estimates) in November 2023. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when imports increased by 25% m-o-m.
| COUNTRY | Import Value of Wire And Cable in Japan (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | |
| Vietnam | 203 | 185 | 248 | 144 | 207 | 189 | 202 | 212 | 220 | 210 | 194 | 244 | 223 |
| China | 217 | 192 | 224 | 141 | 214 | 187 | 189 | 201 | 188 | 180 | 185 | 172 | 187 |
| Philippines | 122 | 116 | 138 | 156 | 138 | 113 | 138 | 127 | 133 | 131 | 128 | 152 | 126 |
| Indonesia | 81.9 | 67.1 | 81.4 | 71.4 | 88.0 | 69.2 | 66.9 | 73.9 | 79.1 | 71.0 | 77.5 | 86.2 | 90.0 |
| Thailand | 43.6 | 39.3 | 32.1 | 39.6 | 44.2 | 40.9 | 42.6 | 46.5 | 55.0 | 44.6 | 45.7 | 43.5 | 50.9 |
| Malaysia | 9.0 | 8.3 | 8.8 | 7.0 | 11.0 | 9.9 | 9.3 | 10.1 | 10.8 | 9.6 | 9.8 | 10.3 | 10.6 |
| South Korea | 13.2 | 10.1 | 13.1 | 12.9 | 11.7 | 11.7 | 12.4 | 11.1 | 9.7 | 10.8 | 10.7 | 13.0 | 9.8 |
| Others | 59.0 | 52.6 | 59.7 | 56.9 | 68.9 | 57.5 | 57.5 | 60.6 | 62.8 | 58.4 | 58.4 | 62.0 | 62.9 |
| Total | 749 | 671 | 805 | 628 | 782 | 678 | 718 | 742 | 758 | 716 | 709 | 784 | 760 |
Imports by Country
Vietnam (10K tons), China (8.7K tons) and the Philippines (5.8K tons) were the main suppliers of wire and cable imports to Japan, with a combined 67% share of total imports. Indonesia, Thailand, Malaysia and South Korea lagged somewhat behind, together accounting for a further 27%.
From November 2022 to November 2023, the biggest increases were in Malaysia (with a CAGR of +1.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Vietnam ($223M), China ($187M) and the Philippines ($126M) constituted the largest wire and cable suppliers to Japan, with a combined 70% share of total imports. These countries were followed by Indonesia, Thailand, Malaysia and South Korea, which together accounted for a further 21%.
Among the main suppliers, Malaysia, with a CAGR of +1.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In November 2023, wiring sets used in vehicles, aircraft or ships (22K tons) constituted the largest type of wire and cable supplied to Japan, accounting for a 61% share of total imports. Moreover, wiring sets used in vehicles, aircraft or ships exceeded the figures recorded for the second-largest type, insulated electric conductors for a voltage under 1000 v, fitted with connectors (4.5K tons), fivefold. Winding wire of copper (4.3K tons) ranked third in terms of total imports with an 11% share.
From November 2022 to November 2023, the average monthly rate of growth in terms of the volume of import of wiring sets used in vehicles, aircraft or ships totaled +1.6%. With regard to the other supplied products, the following average monthly rates of growth were recorded: insulated electric conductors for a voltage under 1000 v, fitted with connectors (-0.8% per month) and winding wire of copper (+0.2% per month).
In value terms, wiring sets used in vehicles, aircraft or ships ($496M) constituted the largest type of wire and cable supplied to Japan, comprising 65% of total imports. The second position in the ranking was held by insulated electric conductors for a voltage under 1000 v, fitted with connectors ($151M), with a 20% share of total imports. It was followed by winding wire of copper, with a 6.4% share.
Import Prices by Country
In November 2023, the wire and cable price stood at $20,458 per ton (CIF, Japan), standing approximately at the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 2.5% month-to-month. Over the period under review, average import prices hit record highs at $22,670 per ton in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($21,757 per ton), while the price for South Korea ($9,695 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the wire and cable 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 27321130 -
- Prodcom 27321150 -
- Prodcom 27321200 - Insulated coaxial cables and other coaxial electric conductors for data and control purposes whether or not fitted with connectors
- Prodcom 27321340 - Other electric conductors, for a voltage . 1 .000 V, fitted with connectors
- Prodcom 27321380 - Other electric conductors, for a voltage . 1 .000 V, not fitted with connectors
- Prodcom 27321400 - Insulated electric conductors for voltage >1 .000 V (excluding winding wire, coaxial cable and other coaxial electric conductors, ignition and other wiring sets used in vehicles, a ircraft, ships)
- Prodcom 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
