Japan: Clasp Knife Market 2024

Clasp Knife Market Size in Japan

The Japanese clasp knife market contracted to $X in 2022, with a decrease of -7.1% against the previous year. Overall, consumption continues to indicate a mild decline. Clasp knife consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Clasp Knife Production in Japan

In value terms, clasp knife production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 25% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Clasp Knife Exports

Exports from Japan

In 2022, after two years of growth, there was decline in overseas shipments of clasp knives, when their volume decreased by -1.2% to X units. The total export volume increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of X units, and then fell modestly in the following year.

In value terms, clasp knife exports declined remarkably to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

Canada (X units) was the main destination for clasp knife exports from Japan, accounting for a 42% share of total exports. Moreover, clasp knife exports to Canada exceeded the volume sent to the second major destination, the Netherlands (X units), fivefold. The third position in this ranking was held by South Korea (X units), with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada totaled +45.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+2.8% per year) and South Korea (+3.1% per year).

In value terms, Canada ($X), the United States ($X) and Germany ($X) appeared to be the largest markets for clasp knife exported from Japan worldwide, with a combined 55% share of total exports.

Canada, with a CAGR of +41.3%, saw 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

In 2022, the average clasp knife export price amounted to $X per unit, waning by -14.8% against the previous year. Over the period under review, the export price recorded a noticeable slump. The pace of growth was the most pronounced in 2016 an increase of 5.6%. The export price peaked at $X per unit in 2012; however, from 2013 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 the United States ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Clasp Knife Imports

Imports into Japan

In 2022, overseas purchases of clasp knives decreased by -8.6% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 31%. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, clasp knife imports dropped to $X in 2022. In general, imports showed a slight slump. The pace of growth appeared the most rapid in 2020 with an increase of 18%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main clasp knife supplier to Japan, with a 94% share of total imports. It was followed by Switzerland (X units), with a 1.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-0.7% per year) and Taiwan (Chinese) (+16.8% per year).

In value terms, China ($X) constituted the largest supplier of clasp knives to Japan, comprising 64% of total imports. The second position in the ranking was held by Switzerland ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-1.4% per year) and Taiwan (Chinese) (+5.3% per year).

Import Prices by Country

The average clasp knife import price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 15%. The import price peaked at $X per unit in 2017; however, from 2018 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 Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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