Japan: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Japan

The Japanese filling containers machinery market rose to $X in 2021, with an increase of 2.1% against the previous year. In general, consumption, however, saw a deep downturn. Filling containers machinery consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Filling Containers Machinery Production in Japan

In value terms, filling containers machinery production rose markedly to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 64% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Filling Containers Machinery Exports

Exports from Japan

In 2021, overseas shipments of machinery for filling, closing, sealing, capsuling or labelling containers were finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 21% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, filling containers machinery exports stood at $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 22% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units), China (X units) and Thailand (X units) were the main destinations of filling containers machinery exports from Japan, with a combined 50% share of total exports. These countries were followed by India, Indonesia, Taiwan (Chinese), the Netherlands, South Korea, Vietnam, Singapore, the UK and Malaysia, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +22.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Thailand ($X) constituted the largest markets for filling containers machinery exported from Japan worldwide, together accounting for 49% of total exports. These countries were followed by India, Taiwan (Chinese), Indonesia, South Korea, the Netherlands, Singapore, the UK, Vietnam and Malaysia, which together accounted for a further 33%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +26.7%, recorded the highest rates of growth with regard to 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 filling containers machinery export price stood at $X per unit in 2021, leveling off at the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 20% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Singapore ($X per unit), while the average price for exports to Vietnam ($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 Singapore (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Japan

In 2021, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers increased by 6.3% to X units, rising for the fifth consecutive year after three years of decline. In general, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.7% against 2016 indices. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, filling containers machinery imports reduced slightly to $X in 2021. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

China (X units), Israel (X units) and Taiwan (Chinese) (X units) were the main suppliers of filling containers machinery imports to Japan, together accounting for 73% of total imports. Italy, Germany, Vietnam, the UK, Sweden and South Korea lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +59.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Italy ($X) appeared to be the largest filling containers machinery suppliers to Japan, together accounting for 49% of total imports. These countries were followed by Israel, Taiwan (Chinese), Sweden, the UK, Vietnam and South Korea, which together accounted for a further 31%.

In terms of the main suppliers, the UK, with a CAGR of +40.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average filling containers machinery import price amounted to $X per unit, dropping by -7.8% against the previous year. Over the period under review, the import price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2014 an increase of 12% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Israel ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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