Japan: Cellulose Pulp Machinery Market 2024

Cellulose Pulp Machinery Market Size in Japan

The Japanese cellulose pulp machinery market declined dramatically to $X in 2022, with a decrease of -49% against the previous year. Overall, consumption, however, continues to indicate a noticeable expansion. As a result, consumption reached the peak level of $X, and then reduced markedly in the following year.

Cellulose Pulp Machinery Production in Japan

In value terms, cellulose pulp machinery production reduced dramatically to $X in 2022 estimated in export price. In general, production saw a deep slump. The growth pace was the most rapid in 2019 when the production volume increased by 191% against the previous year. Cellulose pulp machinery production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Cellulose Pulp Machinery Exports

Exports from Japan

After two years of decline, shipments abroad of machinery for making pulp of fibrous cellulosic material increased by 500% to X units in 2022. Overall, exports, however, continue to indicate a deep slump. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, cellulose pulp machinery exports surged to $X in 2022. In general, exports, however, faced a abrupt curtailment. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand (X units), South Korea (X units) and Vietnam (X units) were the main destinations of cellulose pulp machinery exports from Japan, together comprising 83% of total exports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, South Korea ($X) emerged as the key foreign market for machinery for making pulp of fibrous cellulosic material exports from Japan, comprising 44% of total exports. The second position in the ranking was held by Vietnam ($X), with a 15% share of total exports. It was followed by Taiwan (Chinese), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea amounted to -5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (-14.9% per year) and Taiwan (Chinese) (+0.2% per year).

Export Prices by Country

The average cellulose pulp machinery export price stood at $X per unit in 2022, reducing by -44.6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 246% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Thailand ($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 South Korea (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cellulose Pulp Machinery Imports

Imports into Japan

Cellulose pulp machinery imports into Japan was estimated at X units in 2022, approximately reflecting the year before. In general, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of 620%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, cellulose pulp machinery imports dropped remarkably to $X in 2022. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of 743%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest cellulose pulp machinery supplier to Japan, with a 71% share of total imports. Moreover, cellulose pulp machinery imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fivefold. Sweden (X units) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (0.0% per year) and Sweden (-31.7% per year).

In value terms, China ($X), Sweden ($X) and Taiwan (Chinese) ($X) appeared to be the largest cellulose pulp machinery suppliers to Japan, with a combined 91% share of total imports.

Among the main suppliers, China, with a CAGR of +6.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average cellulose pulp machinery import price stood at $X per unit in 2022, falling by -51.9% against the previous year. In general, the import price recorded a drastic downturn. The growth pace was the most rapid in 2021 when the average import price increased by 129%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :