Japan: Paperboard Container Machine Market 2024

Paperboard Container Machine Market Size in Japan

In 2022, the Japanese paperboard container machine market decreased by -53.1% to $X, falling for the second year in a row after four years of growth. In general, consumption faced a deep downturn. Paperboard container machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Paperboard Container Machine Production in Japan

In value terms, paperboard container machine production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 35%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Paperboard Container Machine Exports

Exports from Japan

In 2022, paperboard container machine exports from Japan skyrocketed to X units, picking up by 48% on the previous year's figure. Over the period under review, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of 57% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, paperboard container machine exports soared to $X in 2022. In general, exports saw buoyant growth. The growth pace was the most rapid in 2014 when exports increased by 71%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X units) was the main destination for paperboard container machine exports from Japan, with a 47% share of total exports. Moreover, paperboard container machine exports to the United States exceeded the volume sent to the second major destination, Vietnam (X units), threefold. South Korea (X units) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +18.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+6.3% per year) and South Korea (+6.5% per year).

In value terms, the United States ($X) remains the key foreign market for machines for making containers of paper or paperboard exports from Japan, comprising 65% of total exports. The second position in the ranking was held by Malaysia ($X), with a 4.4% share of total exports. It was followed by Brazil, with a 4% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+29.6% per year) and Brazil (+20.0% per year).

Export Prices by Country

In 2022, the average paperboard container machine export price amounted to $X per unit, waning by -11.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 31%. The export price peaked at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to the Philippines ($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 Oman (+39.7%), while the prices for the other major destinations experienced more modest paces of growth.

Paperboard Container Machine Imports

Imports into Japan

In 2022, imports of machines for making containers of paper or paperboard into Japan fell modestly to X units, declining by -2.7% against 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 104%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, paperboard container machine imports stood at $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 99%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of paperboard container machine to Japan, accounting for a 54% share of total imports. Moreover, paperboard container machine imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), threefold. Italy (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-1.9% per year) and Italy (+11.6% per year).

In value terms, the largest paperboard container machine suppliers to Japan were China ($X), Italy ($X) and South Korea ($X), with a combined 83% share of total imports.

China, with a CAGR of +8.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average paperboard container machine import price stood at $X per unit in 2022, surging by 9.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 63%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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