Japan: Mould For Glass Market 2024

Mould For Glass Market Size in Japan

In 2021, the Japanese mould for glass market was finally on the rise to reach $X after two years of decline. Overall, consumption continues to indicate buoyant growth. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Mould For Glass Production in Japan

In value terms, mould for glass production soared to $X in 2021 estimated in export price. Overall, production posted a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 148% against the previous year. Mould for glass production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Mould For Glass Exports

Exports from Japan

In 2021, mould for glass exports from Japan surged to X units, rising by 63% against the year before. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 126%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mould for glass exports declined to $X in 2021. Over the period under review, exports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by 45% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X units), Malaysia (X units) and Thailand (X units) were the main destinations of mould for glass exports from Japan, together accounting for 74% of total exports. The Philippines, the United States, Austria, Finland and China lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +22.4%), while the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X) remains the key foreign market for moulds for glass exports from Japan, comprising 43% of total exports. The second position in the ranking was held by the Philippines ($X), with a 16% share of total exports. It was followed by Malaysia, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value to Thailand stood at -10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-4.5% per year) and Malaysia (-12.1% per year).

Export Prices by Country

In 2021, the average mould for glass export price amounted to $X per unit, dropping by -44.1% against the previous year. Overall, the export price saw a perceptible decline. The pace of growth appeared the most rapid in 2017 an increase of 87% against the previous year. The export price peaked at $X per unit in 2020, and then dropped markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 China (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mould For Glass Imports

Imports into Japan

In 2021, approx. X units of moulds for glass were imported into Japan; growing by 7% against the previous year's figure. In general, total imports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.7% 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 decreased by -31.5% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 95%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, mould for glass imports rose markedly to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 74% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Thailand (X units) and Taiwan (Chinese) (X units) were the main suppliers of mould for glass imports to Japan, together comprising 83% of total imports. Croatia, Italy, South Korea and the United States lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +45.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mould for glass suppliers to Japan were China ($X), Taiwan (Chinese) ($X) and Thailand ($X), with a combined 62% share of total imports. Croatia, Italy, South Korea and the United States lagged somewhat behind, together comprising a further 27%.

Among the main suppliers, Italy, with a CAGR of +30.1%, 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 mould for glass import price amounted to $X per unit, rising by 1.9% against the previous year. Overall, the import price, however, recorded a mild setback. The growth pace was the most rapid in 2013 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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