Japan: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Japan

The Japanese market for non-domestic percolators and equipment for cooking or heating food contracted to $X in 2022, approximately equating the previous year. In general, consumption, however, enjoyed a prominent increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Japan

In value terms, production of non-domestic percolators and equipment for cooking or heating food reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 69% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Japan

In 2022, approx. X units of non-domestic percolators and equipment for cooking or heating food were exported from Japan; remaining stable against the previous year's figure. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 44% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food rose rapidly to $X in 2022. In general, total exports indicated a pronounced 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, exports increased by +36.4% against 2020 indices. The pace of growth was the most pronounced in 2016 when exports increased by 45% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units), South Korea (X units) and the United States (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Japan, with a combined 65% share of total exports. Thailand, Taiwan (Chinese), Hong Kong SAR, Vietnam, Singapore, Poland, Saudi Arabia, the Netherlands and Indonesia lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +88.5%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and the United States ($X) appeared to be the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Japan worldwide, together accounting for 65% of total exports. Thailand, Taiwan (Chinese), Hong Kong SAR, Vietnam, Singapore, Poland, Saudi Arabia, the Netherlands and Indonesia lagged somewhat behind, together accounting for a further 25%.

Poland, with a CAGR of +91.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, surging by 6.7% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-domestic percolators and equipment for cooking or heating food decreased by -4.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 14% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($X per unit) and the United States ($X per unit), while the average price for exports to Poland ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Japan

In 2022, after two years of decline, there was significant growth in purchases abroad of non-domestic percolators and equipment for cooking or heating food, when their volume increased by 19% to X units. The total import volume increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 25% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food rose remarkably to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 21% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest non-domestic percolators and equipment for cooking or heating food supplier to Japan, accounting for a 76% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X units), sixfold. The third position in this ranking was held by the United States (X units), with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+10.1% per year) and the United States (-4.3% per year).

In value terms, Germany ($X) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Japan, comprising 41% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by Switzerland, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.8% per year) and Switzerland (-1.2% per year).

Import Prices by Country

In 2022, the average import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, shrinking by -6.1% against the previous year. Overall, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2014 when the average import price decreased by -2.8% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Germany ($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 (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform