Japan: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Japan

After three years of decline, the Japanese confectionery-making industrial machinery market increased by 115% to $X in 2022. In general, consumption showed a perceptible increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Confectionery-Making Industrial Machinery Exports

Exports from Japan

In 2022, approx. X units of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate were exported from Japan; waning by -84.8% on the previous year's figure. In general, exports showed a deep slump. The growth pace was the most rapid in 2013 when exports increased by 63% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, confectionery-making industrial machinery exports fell significantly to $X in 2022. Over the period under review, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X units) was the main destination for confectionery-making industrial machinery exports from Japan, with a 50% share of total exports. Moreover, confectionery-making industrial machinery exports to Indonesia exceeded the volume sent to the second major destination, China (X units), threefold. Germany (X units) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume to Indonesia stood at +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-19.6% per year) and Germany (+3.2% per year).

In value terms, the largest markets for confectionery-making industrial machinery exported from Japan were Indonesia ($X), China ($X) and Germany ($X), together comprising 69% of total exports.

Germany, with a CAGR of +48.8%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average confectionery-making industrial machinery export price stood at $X per unit in 2022, falling by -47.1% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 22% against the previous year. The export price peaked at $X per unit in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Indonesia ($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 France (+2.7%), while the prices for the other major destinations experienced a decline.

Confectionery-Making Industrial Machinery Imports

Imports into Japan

In 2022, overseas purchases of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate decreased by -30.7% to X units, falling for the fourth consecutive year after two years of growth. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 138%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, confectionery-making industrial machinery imports reduced dramatically to $X in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by 132% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of confectionery-making industrial machinery to Japan, accounting for a 58% share of total imports. Moreover, confectionery-making industrial machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X units), fourfold. The third position in this ranking was taken by Italy (X units), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-7.4% per year) and Italy (-6.8% per year).

In value terms, Germany ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate to Japan, comprising 48% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 16% share of total imports. It was followed by Italy, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-7.6% per year) and Italy (-8.7% per year).

Import Prices by Country

The average confectionery-making industrial machinery import price stood at $X per unit in 2022, declining by -5.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 12%. As a result, import price reached the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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