Japan: Snow Motor Vehicle Market 2025

Snow Motor Vehicle Market Size in Japan

After three years of growth, the Japanese snow motor vehicle market decreased by -8.4% to $X in 2022. Overall, consumption, however, continues to indicate a remarkable increase. Snow motor vehicle consumption peaked at $X in 2021, and then fell in the following year.

Snow Motor Vehicle Production in Japan

In value terms, snow motor vehicle production reached $X in 2022 estimated in export price. Overall, production recorded a slight decline. The most prominent rate of growth was recorded in 2019 with an increase of 16%. Snow motor vehicle production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Snow Motor Vehicle Exports

Exports from Japan

In 2022, the amount of motor vehicles for travelling on snow or golf cars exported from Japan fell sharply to X units, with a decrease of -19% on the year before. In general, exports faced a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 39% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, snow motor vehicle exports contracted dramatically to $X in 2022. Overall, exports faced a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 32%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Korea (X units) was the main destination for snow motor vehicle exports from Japan, with a 53% share of total exports. Moreover, snow motor vehicle exports to South Korea exceeded the volume sent to the second major destination, Canada (X units), fivefold. The third position in this ranking was taken by the Philippines (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea amounted to +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-16.4% per year) and the Philippines (+6.1% per year).

In value terms, South Korea ($X) remains the key foreign market for motor vehicles for travelling on snow or golf cars exports from Japan, comprising 74% of total exports. The second position in the ranking was held by Canada ($X), with a 16% share of total exports. It was followed by Taiwan (Chinese), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value to South Korea stood at -1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-19.4% per year) and Taiwan (Chinese) (+17.2% per year).

Export Prices by Country

The average snow motor vehicle export price stood at $X per unit in 2022, waning by -15.9% against the previous year. In general, the export price saw a noticeable setback. The pace of growth appeared the most rapid in 2019 an increase of 21%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Vietnam ($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 Taiwan (Chinese) (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Snow Motor Vehicle Imports

Imports into Japan

In 2022, supplies from abroad of motor vehicles for travelling on snow or golf cars decreased by -50.4% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 201% against the previous year. As a result, imports attained the peak of X units, and then dropped notably in the following year.

In value terms, snow motor vehicle imports shrank to $X in 2022. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports reached the peak of $X, and then contracted slightly in the following year.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and the United States (X units) were the main suppliers of snow motor vehicle imports to Japan, with a combined 79% share of total imports. South Korea, Finland and Canada lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +82.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest snow motor vehicle suppliers to Japan were South Korea ($X), Finland ($X) and the United States ($X), with a combined 63% share of total imports.

South Korea, with a CAGR of +87.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average snow motor vehicle import price amounted to $X per unit, picking up by 92% against the previous year. Over the period under review, the import price, however, recorded a slight decrease. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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