Japan: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Japan

For the ninth consecutive year, the Japanese centrifugal clothes-dryer market recorded decline in sales value, which decreased by -18.6% to $X in 2021. Over the period under review, consumption continues to indicate a sharp contraction. The pace of growth was the most pronounced in 2016 when the market value decreased by -2.3% against the previous year. Centrifugal clothes-dryer consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Centrifugal Clothes-Dryer Production in Japan

In value terms, centrifugal clothes-dryer production soared to $X in 2021 estimated in export price. Overall, production, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 31% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Centrifugal Clothes-Dryer Exports

Exports from Japan

In 2021, the amount of centrifugal clothes-dryers exported from Japan soared to X units, with an increase of 79% on 2020. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 3,034%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, centrifugal clothes-dryer exports expanded remarkably to $X in 2021. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 2,572% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for centrifugal clothes-dryer exports from Japan, with a 76% share of total exports. Moreover, centrifugal clothes-dryer exports to the United Arab Emirates exceeded the volume sent to the second major destination, Vietnam (X units), sevenfold. China (X units) ranked third in terms of total exports with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates stood at -7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+0.2% per year) and China (0.0% per year).

In value terms, Vietnam ($X) emerged as the key foreign market for centrifugal clothes-dryers exports from Japan, comprising 51% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 22% share of total exports. It was followed by China, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to Vietnam stood at +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-9.3% per year) and China (0.0% per year).

Export Prices by Country

The average centrifugal clothes-dryer export price stood at $X per unit in 2021, which is down by -35.7% against the previous year. Overall, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 130% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, 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 Vietnam ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.3%), while the prices for the other major destinations experienced a decline.

Centrifugal Clothes-Dryer Imports

Imports into Japan

In 2021, purchases abroad of centrifugal clothes-dryers decreased by -35.7% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, recorded measured growth. The pace of growth was the most pronounced in 2015 with an increase of 77%. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, centrifugal clothes-dryer imports shrank sharply to $X in 2021. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 105% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of centrifugal clothes-dryer to Japan, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +35.8%.

In value terms, China ($X) constituted the largest supplier of centrifugal clothes-dryers to Japan.

From 2012 to 2021, the average annual growth rate of value from China totaled +39.9%.

Import Prices by Country

In 2021, the average centrifugal clothes-dryer import price amounted to $X per unit, waning by -1.9% against the previous year. Over the period under review, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2019 when the average import price increased by 37% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to +4.3% per year.

Source: IndexBox Platform

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