Report Update Nov 1, 2024

Eastern Asia - Matches - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Matches Market 2024

Matches Market Size in Eastern Asia

The East Asian matches market fell slightly to $X in 2021, reducing by -2.2% against the previous year. Overall, consumption, however, recorded a noticeable decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Matches Production in Eastern Asia

In value terms, matches production fell to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2018 with an increase of 14% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Matches Exports

Exports in Eastern Asia

After three years of decline, shipments abroad of matches increased by 16% to X tons in 2021. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 17%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, matches exports surged to $X in 2021. Over the period under review, exports, however, recorded a pronounced curtailment. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

China prevails in exports structure, recording X tons, which was near 96% of total exports in 2021. Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the matches exports, with a CAGR of -5.1% from 2012 to 2021. Japan (-13.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +4.6 percentage points.

In value terms, China ($X) remains the largest matches supplier in Eastern Asia, comprising 92% of total exports. The second position in the ranking was held by Japan ($X), with a 5.8% share of total exports.

In China, matches exports expanded at an average annual rate of +1.8% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, growing by 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2014 when the export price increased by 23%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.3%).

Matches Imports

Imports in Eastern Asia

In 2021, overseas purchases of matches increased by 49% to X tons, rising for the second consecutive year after six years of decline. Over the period under review, imports, however, showed a noticeable slump. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, matches imports skyrocketed to $X in 2021. In general, imports recorded prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 70%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

South Korea was the major importing country with an import of around X tons, which finished at 55% of total imports. Japan (X tons) held a 17% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (15%) and Hong Kong SAR (9%). China (X tons) followed a long way behind the leaders.

South Korea experienced a relatively flat trend pattern with regard to volume of imports of matches. At the same time, Japan (+36.9%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +36.9% from 2012-2021. By contrast, Taiwan (Chinese) (-7.5%), Hong Kong SAR (-10.4%) and China (-21.5%) illustrated a downward trend over the same period. South Korea (+19 p.p.) and Japan (+16 p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese), Hong Kong SAR and China saw its share reduced by -6.8%, -8.2% and -20.1% from 2012 to 2021, respectively.

In value terms, South Korea ($X) constitutes the largest market for imported matches in Eastern Asia, comprising 60% of total imports. The second position in the ranking was held by Japan ($X), with a 30% share of total imports. It was followed by Taiwan (Chinese), with a 4.9% share.

In South Korea, matches imports expanded at an average annual rate of +18.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (+23.7% per year) and Taiwan (Chinese) (-4.8% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, picking up by 3.8% against the previous year. In general, the import price showed prominent growth. The pace of growth appeared the most rapid in 2019 an increase of 83%. The level of import peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+17.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for matches in Eastern Asia?

The country with the largest volume of matches consumption was China, comprising approx. 80% of total volume. Moreover, matches consumption in China exceeded the figures recorded by the second-largest consumer, Japan, sevenfold. Taiwan Chinese) ranked third in terms of total consumption with a 5% share.

What are the largest producers of matches in Eastern Asia?

China remains the largest matches producing country in Eastern Asia, comprising approx. 81% of total volume. Moreover, matches production in China exceeded the figures recorded by the second-largest producer, Japan, sevenfold. The third position in this ranking was occupied by Taiwan Chinese), with a 4.5% share.

What are the leading suppliers of matches in Eastern Asia?

In value terms, China remains the largest matches supplier in Eastern Asia, comprising 91% of total exports. The second position in the ranking was occupied by Japan, with a 6.4% share of total exports.

What are the leading importers of matches in Eastern Asia?

In value terms, South Korea constitutes the largest market for imported matches in Eastern Asia, comprising 58% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 26% share of total imports. It was followed by Japan, with a 12% share.

What is the average export price for matches in Eastern Asia?

The matches export price in Eastern Asia stood at $2,694 per ton in 2020, remaining relatively unchanged against the previous year.

What is the average import price for matches in Eastern Asia?

In 2020, the matches import price in Eastern Asia amounted to $3,291 per ton, waning by -13.5% against the previous year.

This report provides an in-depth analysis of the matches market in Eastern Asia. 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 20512000 - Matches (excluding Bengal matches and other pyrotechnic products)

Country coverage:

China
Hong Kong SAR
Macao SAR
Japan
South Korea
Taiwan (Chinese)
Democratic People's Republic of Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Eastern Asia, split by region and country
Trade (exports and imports) in Eastern Asia
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023