Japan: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Japan

The Japanese billiard accessoires market was estimated at $X in 2022, approximately reflecting the previous year. Overall, consumption, however, showed a pronounced shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Billiard Accessoires Production in Japan

In value terms, billiard accessoires production reached $X in 2022 estimated in export price. Overall, production, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by 31%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Billiard Accessoires Exports

Exports from Japan

In 2022, shipments abroad of articles and accessories for billiards increased by 23% to X tons, rising for the fourth consecutive year after four years of decline. In general, exports, however, faced a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 132% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, billiard accessoires exports totaled $X in 2022. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 30% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Estonia (X tons), Hong Kong SAR (X tons) and China (X tons) were the main destinations of billiard accessoires exports from Japan, together accounting for 64% of total exports. Nigeria, Cambodia, the United States, South Korea, Singapore, the Netherlands and Germany lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +769.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for billiard accessoires exported from Japan were Hong Kong SAR ($X), South Korea ($X) and the United States ($X), with a combined 71% share of total exports.

In terms of the main countries of destination, South Korea, with a CAGR of +36.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average billiard accessoires export price stood at $X per ton in 2022, dropping by -17.9% against the previous year. In general, the export price, however, posted significant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 360% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+96.0%), while the prices for the other major destinations experienced more modest paces of growth.

Billiard Accessoires Imports

Imports into Japan

In 2022, approx. X tons of articles and accessories for billiards were imported into Japan; rising by 32% compared with 2021 figures. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 71%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, billiard accessoires imports skyrocketed to $X in 2022. Overall, imports enjoyed a resilient increase. The growth pace was the most rapid in 2019 with an increase of 68% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest billiard accessoires supplier to Japan, accounting for a 64% share of total imports. Moreover, billiard accessoires imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. Indonesia (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.3% per year) and Indonesia (+46.9% per year).

In value terms, China ($X), the United States ($X) and France ($X) appeared to be the largest billiard accessoires suppliers to Japan, together comprising 82% of total imports. Indonesia, Belgium, Italy, South Korea, the UK and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 14%.

Indonesia, with a CAGR of +42.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average billiard accessoires import price amounted to $X per ton, reducing by -8.8% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 57%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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