Japan: Computing Machinery Market 2024

Computing Machinery Market Size in Japan

In 2021, the Japanese computing machinery market increased by 0.1% to $X, rising for the third consecutive year after four years of decline. In general, consumption continues to indicate a pronounced reduction. The growth pace was the most rapid in 2019 when the market value increased by 7.8% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Computing Machinery Production in Japan

In value terms, computing machinery production rose sharply to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt shrinkage. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Computing Machinery Exports

Exports from Japan

In 2021, after three years of decline, there was growth in shipments abroad of computing machinery and parts and accessories thereof, when their volume increased by 2.7% to X tons. Over the period under review, exports, however, continue to indicate a noticeable shrinkage. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, computing machinery exports rose markedly to $X in 2021. Overall, exports, however, recorded a noticeable slump. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for computing machinery exports from Japan, accounting for a 36% share of total exports. Moreover, computing machinery exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. China (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-5.1% per year) and China (-6.7% per year).

In value terms, the United States ($X), China ($X) and the Netherlands ($X) appeared to be the largest markets for computing machinery exported from Japan worldwide, together accounting for 59% of total exports. These countries were followed by Germany, Hong Kong SAR, Thailand, Vietnam, the Philippines, Singapore and South Korea, which together accounted for a further 29%.

Among the main countries of destination, the Philippines, with a CAGR of +19.1%, saw the highest growth rate of 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 computing machinery export price stood at $X per ton in 2021, rising by 7.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 14% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Computing Machinery Imports

Imports into Japan

In 2021, the amount of computing machinery and parts and accessories thereof imported into Japan reduced to X tons, with a decrease of -6.6% against the previous year's figure. Over the period under review, imports recorded a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of 5.6% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, computing machinery imports fell slightly to $X in 2021. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 8.9% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest computing machinery supplier to Japan, accounting for a 65% share of total imports. Moreover, computing machinery imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sixfold. Vietnam (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+0.8% per year) and Vietnam (+13.2% per year).

In value terms, China ($X) constituted the largest supplier of computing machinery and parts and accessories thereof to Japan, comprising 74% of total imports. The second position in the ranking was taken by Thailand ($X), with a 4.2% share of total imports. It was followed by Taiwan (Chinese), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-1.5% per year) and Taiwan (Chinese) (+6.0% per year).

Import Prices by Country

In 2021, the average computing machinery import price amounted to $X per ton, increasing by 4.4% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, computing machinery import price increased by +70.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 33%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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