Japan: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Japan

In 2021, the Japanese plastic household ware market increased by 0.5% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, recorded a pronounced setback. Plastic household ware consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Plastic Household Ware Production in Japan

In value terms, plastic household ware production totaled $X in 2021 estimated in export price. Overall, production, however, saw a noticeable setback. Plastic household ware production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Plastic Household Ware Exports

Exports from Japan

In 2021, overseas shipments of plastics household articles and toilet articles were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -7.6% against 2018 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 39%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, plastic household ware exports reached $X in 2021. Over the period under review, total exports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when exports increased by 22% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for plastic household ware exports from Japan, with a 26% share of total exports. Moreover, plastic household ware exports to China exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+8.8% per year) and Taiwan (Chinese) (+16.9% per year).

In value terms, the largest markets for plastic household ware exported from Japan were China ($X), the United States ($X) and Taiwan (Chinese) ($X), together comprising 53% of total exports. Hong Kong SAR, South Korea, Singapore, Vietnam, the Philippines, Thailand, the Netherlands, Canada, Russia and Australia lagged somewhat behind, together accounting for a further 37%.

The Netherlands, with a CAGR of +20.5%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2021, the average plastic household ware export price amounted to $X per ton, reducing by -2.2% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The pace of growth appeared the most rapid in 2016 an increase of 6.8% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (-0.3%), while the prices for the other major destinations experienced a decline.

Plastic Household Ware Imports

Imports into Japan

Plastic household ware imports into Japan totaled X tons in 2021, almost unchanged from 2020 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 3.7% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, plastic household ware imports amounted to $X in 2021. Overall, imports showed a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of plastic household ware to Japan, accounting for a 74% share of total imports. Moreover, plastic household ware imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The third position in this ranking was taken by Thailand (X tons), with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+5.8% per year) and Thailand (+10.1% per year).

In value terms, China ($X) constituted the largest supplier of plastics household articles and toilet articles to Japan, comprising 75% of total imports. The second position in the ranking was held by Thailand ($X), with a 5.7% share of total imports. It was followed by Vietnam, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+4.5% per year) and Vietnam (+8.3% per year).

Import Prices by Country

In 2021, the average plastic household ware import price amounted to $X per ton, picking up by 6.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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