Japan: Carpet Market 2024

Carpet Market Size in Japan

The Japanese carpet market declined to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption saw a abrupt decline. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Carpet Production in Japan

In value terms, carpet production dropped slightly to $X in 2022 estimated in export price. Overall, production showed a pronounced contraction. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Carpet Exports

Exports from Japan

In 2022, approx. X square meters of carpets and other textile floor coverings were exported from Japan; dropping by X% against the previous year's figure. Overall, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of X square meters. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, carpet exports fell to $X in 2022. Over the period under review, exports showed a perceptible decline. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

China (X square meters), Vietnam (X square meters) and Indonesia (X square meters) were the main destinations of carpet exports from Japan, with a combined X% share of total exports. Thailand, Taiwan (Chinese), Australia, the United States, Hong Kong SAR, Malaysia, Mongolia, India, South Korea and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mongolia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and Indonesia ($X) appeared to be the largest markets for carpet exported from Japan worldwide, together accounting for X% of total exports. Thailand, Taiwan (Chinese), Australia, Hong Kong SAR, the United States, India, Mongolia, South Korea, Malaysia and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average carpet export price stood at $X per square meter in 2022, remaining stable against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per square meter), while the average price for exports to Vietnam ($X per square meter) was amongst the lowest.

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

Carpet Imports

Imports into Japan

In 2022, the amount of carpets and other textile floor coverings imported into Japan reduced slightly to X square meters, leveling off at the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at X square meters in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, carpet imports reduced modestly to $X in 2022. Overall, imports saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X square meters) constituted the largest carpet supplier to Japan, with a X% share of total imports. Moreover, carpet imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X square meters), sixfold. Vietnam (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Vietnam (X% per year).

In value terms, China ($X) constituted the largest supplier of carpets and other textile floor coverings to Japan, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Vietnam (X% per year).

Import Prices by Country

The average carpet import price stood at $X per square meter in 2022, approximately mirroring the previous year. Over the period under review, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per square meter), while the price for Vietnam ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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