Japan: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2024

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports from Japan

In 2022, overseas shipments of iron or steel doors, thresholds for doors and windows decreased by -43.2% to X units, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 25% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of iron or steel doors, thresholds for doors and windows reduced sharply to $X in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 37%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia (X units) was the main destination for exports of iron or steel doors, thresholds for doors and windows from Japan, with a 28% share of total exports. Moreover, exports of iron or steel doors, thresholds for doors and windows to Indonesia exceeded the volume sent to the second major destination, China (X units), twofold. The United States (X units) ranked third in terms of total exports with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume to Indonesia amounted to -9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-7.9% per year) and the United States (+9.4% per year).

In value terms, the United States ($X), Taiwan (Chinese) ($X) and China ($X) were the largest markets for iron or steel window and door exported from Japan worldwide, with a combined 44% share of total exports. The Philippines, Thailand, Singapore, South Korea, Indonesia, Australia, Pakistan and Mongolia lagged somewhat behind, together comprising a further 36%.

Australia, with a CAGR of +58.6%, recorded the highest growth rate of 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

The average export price for iron or steel doors, thresholds for doors and windows stood at $X per unit in 2022, waning by -25.9% against the previous year. Over the period under review, the export price, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2017 an increase of 27%. The export price peaked at $X per unit in 2021, and then shrank significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Indonesia ($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 Thailand (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports into Japan

After two years of decline, overseas purchases of iron or steel doors, thresholds for doors and windows increased by 17% to X units in 2022. Over the period under review, imports, however, recorded a abrupt contraction. Over the period under review, imports of reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of iron or steel doors, thresholds for doors and windows reduced to $X in 2022. In general, imports, however, showed a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of 39% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of iron or steel window and door to Japan, accounting for a 62% share of total imports. Moreover, imports of iron or steel doors, thresholds for doors and windows from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold. The third position in this ranking was held by South Korea (X units), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-6.8% per year) and South Korea (-11.7% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel doors, thresholds for doors and windows to Japan, comprising 52% of total imports. The second position in the ranking was taken by Vietnam ($X), with an 11% share of total imports. It was followed by the United States, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-0.3% per year) and the United States (+1.5% per year).

Import Prices by Country

In 2022, the average import price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, dropping by -18.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2021 an increase of 28% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced dramatically 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 Taiwan (Chinese) ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :