Japan: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in Japan

The Japanese dry-cleaning machine market was estimated at $X in 2021, leveling off at the previous year. Over the period under review, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +28.1% against 2017 indices. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Dry-Cleaning Machine Production in Japan

In value terms, dry-cleaning machine production shrank to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2015 with an increase of 52% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Dry-Cleaning Machine Exports

Exports from Japan

In 2021, approx. X units of dry-cleaning machines were exported from Japan; reducing by -38.1% on 2020. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 73% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, dry-cleaning machine exports shrank to $X in 2021. Over the period under review, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2015 with an increase of 183% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea (X units) was the main destination for dry-cleaning machine exports from Japan, accounting for a 77% share of total exports. Moreover, dry-cleaning machine exports to South Korea exceeded the volume sent to the second major destination, Sri Lanka (X units), eightfold. The third position in this ranking was taken by China (X units), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Korea amounted to -8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (0.0% per year) and China (+3.2% per year).

In value terms, South Korea ($X) remains the key foreign market for dry-cleaning machines exports from Japan, comprising 65% of total exports. The second position in the ranking was held by China ($X), with a 23% share of total exports. It was followed by Taiwan (Chinese), with a 10% share.

From 2012 to 2021, the average annual growth rate of value to South Korea stood at -14.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+4.5% per year) and Taiwan (Chinese) (-4.1% per year).

Export Prices by Country

The average dry-cleaning machine export price stood at $X per unit in 2021, picking up by 52% against the previous year. Overall, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 197% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

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 China ($X per unit), while the average price for exports to Sri Lanka ($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 the United States (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.

Dry-Cleaning Machine Imports

Imports into Japan

In 2021, imports of dry-cleaning machines into Japan declined significantly to X units, with a decrease of -82.8% on the year before. In general, imports recorded a deep setback. The growth pace was the most rapid in 2016 when imports increased by 54%. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, dry-cleaning machine imports shrank notably to $X in 2021. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 63%. Imports peaked at $X in 2020, and then reduced markedly in the following year.

Imports by Country

Myanmar (X units), China (X units) and Italy (X units) were the main suppliers of dry-cleaning machine imports to Japan.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of 0.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Italy ($X) and Myanmar ($X) constituted the largest dry-cleaning machine suppliers to Japan.

China, with a CAGR of +3.0%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average dry-cleaning machine import price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 18% against the previous year. As a result, import price reached the peak level of $X per unit, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+42.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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